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.
Plan by California Public Utilities Commission hinges upon the roll-out of high volumes of solar (11GW) and battery storage (8.87GW) in US state hit by outages in recent years.
CEO Elon Musk claims the PV panel production line it closed Monday in New York will reopen ‘as soon as humanly possible’ to help make devices critical to saving those afflicted by virus.
‘Solar Module Super League’ (SMSL) member concludes facilities in Ohio and Malaysia are exempt so far from government restrictions, while Vietnam factory remains 'not affected'.
Solar player enlists oil major BP, HSBC, Natwest and Bank of America as it raises US$250m package to sponsor project northeast of Dallas, set to trade energy with BP.
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.
Reports on the ground indicate virus is already ‘taking a toll’ on sector, says SEIA after its new update showed bullish residential players helped install 13.3GWdc of PV nation-wide last year.
Growing pandemic prompts Delaware Court of Chancery to postpone proceedings this week, meant to delve into allegations that shareholders were misled over SolarCity buy in 2016.
Squabble over individual amendment leads to vote against entire American Energy Innovation Act, potentially delaying until 2021 deal on new US$270m-a-year solar research programme.
New JV with Connecticut's TELOS Clean Energy will develop, construct, own and operate solar power projects for commercial, industrial and municipal customers.
Plant contracted to a number of municipalities and community choice aggregators is set to be built by the end of the year.
Segment has achieved 'remarkable' diversity in the US as it reached commercial scale and is set to grow 14-fold to 7.3GW by 2025, according to new WoodMac report.
US$6.1 billion deal for owner of 4.4GW of wind and solar gets thumbs up from investors despite loud opposition from minority shareholder Water Island Capital.
Nasdaq-listed group expects deployment to grow by further 15% in 2020, amid hopes that uptake of its solar-plus-storage offering Brightbox will double year-on-year.
Interest payments, stock market listing and other factors drive doubling of net losses from 2018 (US$68.4m) to 2019 (US$133.4m), even as revenues and new customers increase.