German parent of green energy developer BayWa r.e. says it is ‘well positioned’ in year where unit will seek new shareholders and work to deliver 690MW solar pipeline.
Firm believes long-term renewable growth is assured but trims €400m EBITDA guidance for next year, amid talk of pandemic disrupting construction timetables.
German firm expects earnings to stay strong this year even if delays were to hit two large projects in Spain.
German giant to invest €5bn to deploy major new fleet of PV and wind by 2022, following its success in 2019 doubling net income to €1.2bn and adding E.ON’s renewable assets.
Analysts say residential solar specialist is ‘well positioned’ to witness growth in 2020, amid claims by the firm its indicators remain solid despite talk of COVID-19 impacts on other installers.
Acciona reports 7.2% hike in net profits, top IPP hopeful Solaria makes progress towards 3.325GW goal, PV transition brings distributor Audax to 1.9TWh-a-year purchases.
Group expects double-digit renewables growth in 2020 after achieving revenue and profit rises in 2019, under the tenure of executive forced out by board this month.
Spain’s self-styled largest utility will 'step up decarbonisation efforts' after coal-fired power plant assets take ~€1.87 billion impairment hit in 2019.
Firm forecasts fiscal year 2020 GAAP net losses of US$145-195m despite its return to profitability in a year of record roll-out but also ‘disappointing’ execution challenges.
Top US residential player posts Q3 2019 deployment volumes of 107MW and eyes 115-118MW in Q4 2019 despite warning that ‘tight labor market’ could hamper customer growth and order delivery.
EPC multinational marks operational launch of solar assets in Chile and India as January-September 2019 revenues nearly double year-on-year but net profit more than halves.
Latest financial update lays out where and how small-scale specialist will turn as it works to deliver 1.4GW global pipeline, 714MW of it late-stage.
Q2 2019 results show small-scale solar specialist reversing losses of last two quarters, with US$11m capital raise being mulled as short-term borrowings continue to pile
Despite a lower-than-expected public offering in July and escalating net losses, Sunnova says it is "well-positioned" to reach operational and financial targets, thanks to its growing dealer network and favourable macroeconomics.
The news comes the same day as the company reports a loss of US$8.4 million in the third quarter of 2018.