SunPower’s losses continue during Q1
The high-efficiency solar manufacturer is still bleeding red ink, as it begins shipping its lower-cost P-Series modules and continues its restructuring.
SolarEdge reports strong Q1 with $115 million in revenues
The company shipped 455 MW-AC of inverters from January through March and predicted revenues for Q2 to be within the range of $120 million to $130 million.
BREAKING: tenKsolar undergoing restructuring
Details are sparse, but layoffs have already begun and a Chief Restructuring Officer is being appointed.
Soltage, Basalt acquire 57 MW of PURPA solar projects in North Carolina
The projects are expected to begin construction in May 2017, as Duke chafes under the growing PURPA pipeline in the state.
Tesla scales down solar deployment in Q1, readies Solar Roof
The first full quarter since Tesla’s acquisition of SolarCity shows a 30% fall in watts of solar deployed, as the company focuses on preparations for the roll-out of its Solar Roof and Model 3 electric vehicle, including expanded battery production.
First Solar reports strong Q1 results as it readies for Series 6
First Solar brought in a net profit on the sale of a major solar project, as it orders tools and prepares for the switch to its large-format series 6.
SolarWorld reports shipment growth in first quarter
The German-American module maker shipped 382 MW in the first three months of this year. The company’s plan to focus on monocrystalline PERC products is being implemented according to schedule.
NRG continues moving into solar during Q1
Despite a challenging financial environment, NRG continues its solar expansion, including an increasing presence in community solar.
BREAKING: HelioPower files for Chapter 11 bankruptcy
The case, filed in U.S. Bankruptcy Court for the District of Nevada, shows the California installer has liabilities of up to $10 million, owed to up to 5,000 creditors.
Out of Sungevity’s ashes, Solar Spectrum will rise using its assets and employees
The wind down of the former fifth-largest residential solar installer continues as its new owner purchases some of its contracts and promises to hire “a substantial majority” of the bankrupt company’s employees.
