Tesla Deployed 345 MW Solar In 2021
Tesla Reports Highest Annual Solar Installation Since 2018 In 2021 With 345 MW
Electric car maker and clean energy company Tesla, Inc grew its annual solar installations by 68% in 2021 with the addition of 345 MW, the company stated in its annual report disclosure.
2021 Profit Alert For Daqo New Energy
Xinjiang Daqo New Energy Expects Over 400% Annual Increase In 2021 Net Profit
Chinese polysilicon producer Daqo New Energy expects to report a net profit of between RMB 5.6 billion to RMB 5.8 billion ($885 million to $917 million) in 2021, reflecting an annual increase of 437% to 456%, attributing it to high prices for polysil.
China PV News Snippets
One Day For TaiyangNews Webinar; Huafu Fashion; Heshun & Jangho; Aidi; GCL-Poly
Tomorrow, TaiyangNews hosts special TOPCon Solar Modules Webinar, Huafu Fashion invests RMB 100 mn in subsidiary, Heshun and Jangho sign 200 MW PV project, Aidi establishes RMB 10 million subsidiary, and GCL-Poly expects RMB 5 billion profit in 2021.
Trina Solar’s Preliminary 2021 Financials
Large Size Modules & Distributed Solar Growth To Push Up Trina Solar’s 2021 Net Profit
Chinese integrated solar PV manufacturer and tracker maker Trina Solar has released its preliminary financial forecast for the year 2021, expecting to report a net profit increase of 39.92% to 66.76% over the previous year.
SunPower’s Preliminary Q4/2021 Financials
SunPower Expects Adjusted EBITDA For Q4/2021 To Be At Low End Of Guidance
SunPower Corporation has released its preliminary financial forecast for Q4/2021, expecting adjusted EBITDA to fall in at the low end of its guided range of $18 million to $41 million, and continues to expect GAAP revenues of between $361 million to $421 million.
Hoshine Silicon’s 2021 Financial Results
Hoshine Silicon Expects Over 500% Annual Improvement In 2021 Net Profit
Leading raw silicon manufacturer for the global solar PV production industry Hoshine Silicon Industry Co Ltd expects to report an annual increase of 505.28% to 519.52% in its net profit for the year 2021, attributing it mainly to significant rise in selling price.
SMA Solar Lowers 2021 Earnings Guidance
German Solar PV Inverter Maker Adjusts 2021 EBITDA Guidance Again
SMA Solar Technology AG, the German solar PV inverter manufacturer, has once again adjusted its EBITDA guidance for 2021, bringing it down from €50 million to €65 million to now €20 million and €30 million, citing trouble in an existing O&M service contract.
Azure Power Q2/2022 Financial Results
Azure Power Improved Operating Revenues In Q2/2022 By 25% Annually
Indian renewable energy company Azure Power exited Q2/2022 (period ending September 30, 2021) with 25% increase in its operating revenue to $59.1 million, thanks mainly to projects commissioned post September 30, 2020 and additional revenue of $5.5 million from sale of carbon credits.
Solaria Energia 9M/2021 Financial Results
Solaria Energia’s 9M/2021 EBITDA Went Up 86% Annually
Spanish solar energy company Solaria Energia y Medio Ambiente, SA increased its total installed solar power capacity till the end of September 2021 to 5.179 GW, comprising installed, under construction or announced projects.
Canadian Solar Q3/2021 Financial Results
CSIQ Lowers FY 2021 Guidance; Expects Significant Growth In FY 2022
Canada headquartered solar cell and module producer Canadian Solar Inc., improved its annual revenues in Q3/2021 by 34% to $1.23 billion thanks to increase in module shipments and higher ASPs, while declining 14% QoQ due to lower revenues from pre-co.
Shoals Technologies Q3/2021 Financial Results
Fluid Delivery Schedules & Project Delays Hampering Shoals’ Business
US based electrical balance of system (BOS) system solutions provider Shoals Technologies Group, Inc. improved Q3/2021 revenues of $59.8 million by 14% YoY due to higher component and system solution sales.
China PV News Snippets
Risen To Transfer 132 MW PV Power Plant Project In Australia…& More
JA Solar releases Q2/2021 report: JA Solar’s third quarter results showed that the Chinese vertically integrated PV panel manufacturer has achieved an operating revenue of approximately RMB 9.9 billion ($1.5 billion), representing a year-on-year increase of 70.46%.
