SMA remains in the black
A difficult market environment has led to a drop in sales and profits. The German inverter maker, however, was able to keep writing black numbers in the latest quarter.
Ten K Solar to “discontinue” current operation
The Minnesota-based solar company gave scant details, but denied claims that its winding down was due to faulty third-party hardware.
Sunrun bucks the trend and grows during Q1 2017
While other large residential solar companies are contracting or even going bankrupt, Sunrun gained market share during Q1 2017.
BREAKING: SolarWorld files for insolvency
Pioneering solar manufacturer SolarWorld AG is insolvent. It is unclear whether the company’s U.S. subsidiary must now file as well.
Sunlight Financial secures funding for 20,000 home loans
A $500 million commitment from Technology Credit Union is the latest sign of growth in the residential solar loan space.
Enphase sees losses increase during Q1
The U.S. microinverter manufacturer reported a lower than expected revenue in the latest quarter, with shipments decreasing slightly year-on-year. The company, however, was able to strenghten its cash position after implementing a restructuring plan in the previous quarters.
Smaller, leaner Vivint moves to direct sales (with chart)
Like other large third-party solar companies Vivint is increasingly moving away from the leasing model to direct sales.
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.
