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Residential PV

Vivint beats on revenue — but losses widen in Q1 as residential solar hunkers down

Vivint beat estimates with $91.2 million in revenue in Q1, though, like with most other third-party solar companies, that was outweighed by $51.9 million in losses from operations. Installation figures fell during the quarter and are only expected to fall further, as Covid-19 runs its course on residential solar.

SunPower had a ‘solid’ Q1, finds hope for May and June after a difficult April

It’s solar earnings season and there’s a clear, non-surprising theme: The first quarter was strong and largely unimpacted by the pandemic, but the second quarter and 2020 as a whole is uncertain.

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SolarEdge reports record revenue, yet Covid looms over residential PV for the next two quarters

Even though the U.S. market is showing some signs of stabilizing, the decline in installation rates in April alone was 33%.

Sunrun weathers Covid for a strong Q1

The company reported strong solar deployments and revenue to start 2020, even with orders decreasing by as much as 40% for periods in March. And while the company has remained strong throughout the Covid-19 pandemic, additional sales decreases loom in Q2.

Enphase PV microinverters shine in Q1, share price is up 15%

Enphase Energy’s Q1 revenue exceeded expectations as the company set an all-time gross margin record and announced plans for a new manufacturing location. Enphase stock is up 15%

Permit and Google data show major residential solar players best suited to weather lockdown

Permitting and Google search data show substantially more resi solar installs in Q1 2020, compared with the same period in 2019. Data suggests that major national installers, leveraging online sales, are better positioned than most to weather the COVID-19 pandemic.

SunPower accesses $1 billion in residential solar and storage loan capital from Tech CU

Despite the pandemic, capital is still pouring into solar.

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The skills and software you’ll need to boost solar sales in a virtual world

Lennie Moreno, the CEO of Sofdesk, navigates the new world of selling solar remotely — in our free webinar today.

Residential solar asset financing is alive and well as Spruce Finance closes $124 million deal

Residential solar asset owner-operator will use the funds to continue its acquisition spree.

The world added .115 terawatts of solar power in 2019 for a cumulative .629 terawatts

IEA PVPS report: Global solar demand increased by 12% in 2019 compared to 2018 — but that was BC. According to the report, photovoltaics provided just under 3% of global electricity needs in 2019.

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