RGS Energy’s cash burn higher than guided as spending spree continues

US-based PV installer RGS Energy (RGSE) has increased its cash burn and pushed-out its expected return to break-even revenue from the first to the second quarter of 2018, as it spends on expanding its sales force and builds PV module inventory ahead of the final determination on the US ITC Section 201 trade case.

Neo Solar Power making strong year-end sales recovery

Taiwan-based merchant solar cell and module producer Neo Solar Power (NSP) reported another significant sequential jump in revenue for October, driven by strong shipment growth and downstream project business via is subsidiary, Global Energy Solutions (GES).

SunPower’s net losses to extend through 2018

US-headquartered high-efficiency PV module producer SunPower Corp reported better than guided third quarter financial results but narrowed 2017 full-year guidance and continued net losses for the year and through 2018 highlight the competitive challenges faced by the niche player.

Vivint Solar starts up operations in Delaware

Residential solar provider Vivint Solar has officially expanded the availability of its solar energy systems into the state of Delaware. Following this expansion, the company now operates in 21 different states.