There were a number of key factors at play in the first quarter of 2020 that either positively or negatively impacted financial results for five public listed PV inverter manufacturers in the quarter.
Reshuffle of company assets comes as firm braces for Q2 2020 slowdown as it lines up funding support, with idled factories set for a gradual return to activity.
Firms tell media outlets of multi-million charges as Trump administration brings two-year ‘holiday’ to an end, hitting PV project revenues as SEIA estimates suggest solar jobs could drop to 2014 levels.
Our live curation of latest news and developments charts how the pandemic is disrupting supply chains and the day-to-day business reality of solar operators worldwide.
‘Solar Module Super League’ (SMSL) member Q CELLS has responded to the recent patent infringement lawsuit filed by REC Group in China, suggesting its patents in the case lack validity.
Fossil fuel exposure lands energy majors in trouble with one-trillion-dollar GPFG, who is boycotting coal-heavy firms as part of climate shift that will see it back unlisted renewables.
Firm stands out from residential peers as it claims EBITDA of US$58-62m and 28,000-30,000 customer additions are possible this year, with Q1 results showing losses continue to pile.
PV string inverter manufacturer Ginlong Solis Technologies is to double its manufacturing capacity to 20GW per annum via a US$100 million non-public offering to meet growing demand for its mainstream products and emerging solar-plus-storage product offering.
High-efficiency PV module manufacturer REC Group has filed a patent infringement lawsuit against Q CELLS regarding its split cell and junction box technology.
