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.
The US residential PV market reached new heights in Q3 2019, Facebook will benefit from a new PV project in Georgia and more.
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.
The Utah-headquartered firm posts Q3 2019 installs of 65MW and hits cumulative 1.228GW as operational losses jump US$7.9m to US$13.8m year on year.
Residential PV player defends track record after facing ‘malfeasance’ claims by short-seller Marcus Aurelius Value, with several analysts arguing allegations are overblown.
Energy and mobility group will invest €36m to back new small-scale solar push after selling 45.5MW portfolio to Aberdeen Standard earlier in July.
Government and World Bank hire impact investor Bamboo to run US$17m scheme meant to improve power access in state still reeling from 2010 earthquake.