Aiko Solar Turns Profitable In Q3/2022
Chinese Solar Cell Producer Improved 9M/2022 Operating Income By 130.65% Annually
Solar cell manufacturer from China, Aiko Solar cites high selling price and technological improvements as reasons for its operating income in 9M/2022 growing 130.65% to RMB 25.8 billion, with Q3/2022 contributing RMB 9.8 billion to the total.
First Solar’s Q3/2022 Sales Up YoY, Yet Suffers Net Loss
First Solar Pulls Down 2022 Annual Guidance Citing Unforeseen Logistics Costs; Announces R&D Line In Ohio For Tandem & Thin Film Modules
Sold out American solar module maker First Solar suffered a net loss of -$45 million in Q3/2022, while growing its net sales of $629 million by around 8% YoY.
LONGi Shipped 30 GW+ Solar Modules In 9M/2022
LONGi Green Energy Sold Over 60 GW Monocrystalline Solar Wafers In H1/2022, As Per Preliminary Estimate
Chinese vertically integrated solar PV manufacturer LONGi Green Energy Technology says it shipped over 30 GW worth of monocrystalline solar PV modules during 9M/2022, along with more than 60 GW of monocrystalline silicon wafers, as per its preliminary financial results.
China PV News Snippets
Yuze Semiconductor To Build 20 GW Silicon & 20 GW Wafer Facilities & More From GCL System, Hangzhou First
Yuze Semiconductor to build silicon ingots and wafer facilities in Chuxiong city; GCL System to construct 20 GW TOPCon PV facility; Hangzhou First releases Q3 2022 forecast.
Enphase Energy To Open Manufacturing Lines In US
Enphase Reports ‘Record’ Quarterly Revenues In Q3/2022; Driven By IRA, Plans To Enter Domestic Manufacturing In US
Solar microinverter manufacturer Enphase Energy has announced plans to start manufacturing in the US with 4 to 6 lines, starting from Q4/2023, buoyed by the $0.11 per W production-based tax credit on microinverters manufactured in the US under the Inflation Reduction Act (IRA).
China PV News Snippets
Tongwei Q3 Performance Report Released & More From YuanTech, S.C.New Energy
Tongwei revenue for Q3/2022 reaches RMB 102 billion; YuanTech to invest in PV module facility; Shipping begins for SC New Energy n-type laser SE equipment Tongwei Q3 performance report released: Tongwei Solar, announced its Q3/2022 result and stated .
JinkoSolar Subsidiary Releases Q3/2022 Results
Jiangxi Jinko Net Income At RMB 1.7 Billion, Rises From Previous Year’s 128.7% To 135.7% This Year
US listed solar module manufacturer JinkoSolar Holding Co., Ltd announced that its subsidiary Jiangxi Jinko has published certain preliminary unaudited financial results for Q3/2022.
Tesla’s Solar Installations Up 13% YoY In Q3/2022
Tesla’s 9M/2022 Solar Deployments Reach 248 MW, With 94 MW Installed In Q3/2022
Electric vehicles and battery manufacturer and solar installer Tesla grew its annual solar PV deployments in Q3/2022 by 13% to 94 MW, while storage deployments also registered a growth of 62% over the same period to 2.1 GWh.
China PV News Snippets
JA Solar & YALONG HYDRO Partner For Hydro-Solar PV Project & More From LONGi, Shuangliang Eco-Energy, GCL System
JA Solar to supply modules to 1 GW hydro-solar hybrid project; LONGi releases Q3/2022 results forecast; Shuangliang Eco-Energy and DaQo sign 6-year long deal for silicon materials; GCL System’s n-type TOPCon modules TUV certified.
Risen’s H1/2022 Shipments Added Up To 5.67 GW
Chinese Solar Module Producer Risen Energy Returned To Profit In H1/2022 With Over 600% Annual Increase
Chinese solar PV manufacturer Risen Energy’s operating income in H1/2022 improved 51.29% annually to RMB 12.6 billion and it returned to profit with RMB 504.6 million, up from -RMB 91.1 million reflecting an improvement of 653.56%.
JA Solar Shipped 15.7 GW Cells & Modules In H1/2022
JA Solar Targets Cumulative Solar Module Production Capacity To Exceed 75 GW By 2023
Chinese solar cell and module producer JA Solar shipped 15.67 GW worth of products in H1/2022 with overseas module shipments accounting for about 67% of the total while shipments to itself were 108 MW.
European Energy Ticks Right Boxes In Q2/2022
A Strong Q2, Danish Solar And Wind Developer European Energy Reiterates 2022 Annual Guidance Despite High Prices
Denmark based renewable energy developer European Energy scored well on financial metrics in Q2/2022 when compared annually, giving it confidence to meet guidance for 2022.
JinkoSolar’s Q2/22 Shipments Grow 102 Percent
JinkoSolar Exceeds Q2/2022 Shipment Guidance; Expects Polysilicon Prices To Peak In Q3/2022
Chinese solar PV manufacturer JinkoSolar saw its total shipments in Q2/2022 growing 102.4% YoY to 10.53 GW—exceeding guidance and leading to an improvement of 137.6% in revenues that added up to RMB 18.84 billion ($2.81 billion).
LONGi Shipped 18 GW Solar Modules In H1/2022
H1/2022 Profit Improved As LONGi’s Monocrystalline Silicon Wafer Shipments Added Up To Nearly 40 GW
Vertically integrated solar PV manufacturer from China, LONGi Green Energy Technology improved operating income, net profits and its total solar module shipments in H1/2022 to 18.02 GW, up from 17.01 GW during the same period in 2021, however admits .
SoliTek’s H1/2022 Annual Revenues Go Up
Module Maker SoliTek’s Sales In First Half Of 2022 Grew Thanks To Growing Interest In Solar PV Within & Outside Lithuania
Lithuanian solar module maker SoliTek attributes growing interest in solar PV in Lithuania and all across Europe for its strong sales performance in H1/2022 when its revenues improved by 273% on annual basis.
India’s ReNew Power Suffers Net Loss In Q1 FY23
ReNew Power’s Q1 FY23 Total Income, Adjusted EBITDA & Total Portfolio Improved
Indian renewable energy company ReNew Power grew its total income in Q1 FY23 (period ending June 2022) by 48.8% annually to INR 25 billion ($316 million) and adjusted EBITDA by 49.7% to INR 20.15 billion (255 million).
Maxeon Solar’s Q2/2022 Gross Loss Widened
Maxeon Improved Q2/2022 Revenues & Shipments; Accelerates US PV Module Manufacturing Plans
Singapore headquartered solar module maker Maxeon Solar Technologies improved both its annual revenues and shipments for Q2/2022, however its GAAP net loss widened to $87.92 million, up from $77.0 million last year while gross loss expanded to $39.3 .
Canadian Solar Reports Strong Q2/2022
Canadian Solar’s Q2/2022 Net Revenues Go Up 62% YoY; Raises 2022 Guidance
Canadian Solar has raised annual revenue guidance for 2022 as its solar module shipments in Q2/2022 added up to 5.06 GW reaching higher end of its guidance, and on manufacturing side it now targets 50 GW module capacity by December 2023.
Tongwei Sold 22 GW Cells In H1/2022
Leading Solar Cell & Silicon Maker Tongwei’s H1/2022 Polysilicon Production Accounted For Nearly 30% Of National Output
Chinese polysilicon and solar cell manufacturer Tongwei sold 21.79 GW worth of solar cells in H1/2022 while growing its operating income by 127.16% to RMB 60.34 billion and producing 107,300 tons of high purity crystalline silicon with an annual increase of 112.15%.
3.75 GW DESRI Order For Meyer Burger In US
Meyer Burger To Accelerate Expansion Of Arizona Fab To 1.5 GW With DESRI Order Coming In
European solar cell and module maker Meyer Burger Technology AG has landed itself a plum order for a long term 3.75 GW module supply with US based DE Shaw Renewable Investments (DESRI) as it reported over 200% annual improvement in consolidated net sales for H1/2022.
