French giant’s Q1 2020 results show minor dips in net income and revenues, with its renewables unit recording strong performance and expected to report ‘low impacts’ going forward
Firm vows to ramp up investment ‘as soon as possible’ after decree puts construction on hold in its home country, with a spokesperson telling PV Tech long-term funding is not expected to be hit.
Firm had predicted €2.7-2.9bn net recurring income and double-digit growth of renewables unit this year but is withdrawing the forecast, amid talk of potential 'constraints' for green energy work.
Group notes outbreak could see construction contracts postponed but insists it can reach 1GW-by-2020 installed capacity target, amid PV work in Brazil, Portugal, France and others.
Small-scale specialist will set sights on US and European projects after year of higher profits and revenues, net income losses and relocation from Shanghai to Connecticut.
Leading SMSL member confirms milestones for shipments (14.3GW), gross profit (US$780.2m) and others in 2019, predicting COVID-19 will not “materially” hurt business
Utility’s renewable spending soars 85% to €3.34bn during year it completed Europe’s biggest solar plant and put forward large PV hybrid in Australia.
Firm sees slight revenue dip and minor EBITDA jump in first nine months of year when overseas PV portfolio reached 1.138GW, with new solar plays in Europe and America.
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.