financial forecasts

Solar developer ReneSolar Power nearly doubled its gross profit in Q2 2021 compared with Q1 and has improved its business forecast for the remainder of the year after this quarter’s results exceeded analyst expectations

Despite preparing investors’ expectations for flat revenues in 2016, inverter maker SMA Solar Technology has reported an increase in sales for the first quarter and exceeded management expectations by more than €10 million (US$11.4 million).