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.
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.
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.
Newly selected winners will bring 460MW of solar and nearly 3GWh of energy storage to Aloha State, a fleet of 16 projects across Oahu, Maui and Hawaii Island.
Sector sheds in two months twice the workers it had gained over two years and could see cumulative losses of 850,000 by 30 June, according to latest update by E2, ACORE and others.
‘Largest solar project in US history’ near Las Vegas will feature 380MW / 1,400MWh battery element, with green power set to flow to Warren Buffett’s NV Energy under 25-year PPA.
Department shares plans to ‘modify the relevant rules in the near future’ but adds scant detail in laconic response to bipartisan senator coalition, who had requested one-year extension.
Firm will keep an eye on potential cancellations after growth in US, Australia, Germany and others helps offset hit in Italy, bringing quarterly revenues to all-time high of US$431.2 million.
Four-year partnership with Technology Credit Union set to bring financial reprieve to firm, forced by pandemic to idle solar factories worldwide and enact sweeping cost cuts.
