‘Silicon Module Super League’ (SMSL) member Canadian Solar reported stronger than expected third quarter financial results while revenue of US$1.77 billion to US$1.81 billion for the final quarter of the year.
‘Silicon Module Super League’ (SMSL) member Canadian Solar reported stronger third quarter financial results than expected and increased full-year shipment and capacity expansion guidance, while guiding fourth quarter revenue in the record range of US$1.77 billion to US$1.81 billion.
PV inverter manufacturer SolarEdge Technologies has reported a record third quarter of 2017 as it gains market share across a growing geographical footprint.
Leading PV microinverter supplier Enphase Energy reported only marginal improvements in sales and shipments in the third quarter, compared to a strong rebound seen in the previous quarter.
Taiwan-based multicrystalline wafer producer Green Energy Technology (GET) is targeting solar module sales in emerging markets to boost revenue and return to profitability.
US-headquartered high-efficiency PV module producer SunPower Corp reported better than guided third quarter financial results but narrowed 2017 full-year guidance and continued net losses for the year and through 2018 highlight the competitive challenges faced by the niche player.
Inverter manufacturer Growatt is planning for growth beyond the borders of its native China and its traditional focus of PV products with a push in the US and the energy storage market.
Leading PV manufacturing equipment supplier Meyer Burger is undertaking another round of cost cutting, product rationalisation and manufacturing restructuring to improve profitability.
Major Thai gas-fired power and rooftop solar IPP Gulf Energy Development PLC is preparing to launch an IPO after receiving approval from the Securities Exchange Commission (SEC).