The U.S./Dutch tool maker also saw order intake and quarter-end backlog increase in the latest quarter. All of the company’s segments contributed to the turnover growth registered in this period.
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.
The Minnesota-based solar company gave scant details, but denied claims that its winding down was due to faulty third-party hardware.
Yesterday, the energy and automobile giant rolled the dice on its biggest solar gamble yet, giving U.S. homeowners the opportunity to reserve its new roofing product for a downpayment of $1,000.
While other large residential solar companies are contracting or even going bankrupt, Sunrun gained market share during Q1 2017.
Pioneering solar manufacturer SolarWorld AG is insolvent. It is unclear whether the company’s U.S. subsidiary must now file as well.
A $500 million commitment from Technology Credit Union is the latest sign of growth in the residential solar loan space.
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.
After languishing for years as a state that refused to take full advantage of its solar potential, the Cavalier State is rushing headlong into a future powered by the sun.
Like other large third-party solar companies Vivint is increasingly moving away from the leasing model to direct sales.
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