Category Archives: Financial News

Azure Power to Announce Results for Fiscal Fourth Quarter 2020

Azure Power Global Limited (NYSE: AZRE), as leading independent solar power producer in India, announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the fiscal fourth quarter ended March 31, 2020. Fiscal Year and Fourth Quarter 2020 Period Ended March 31, 2020 Operating Highlights: Operating Megawatts (“MW”) were 1,808 MWs, as of March 31, 2020, an increase of 25% over March 31,

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JinkoSolar to Announce First Quarter 2020 Financial Results

JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced its unaudited financial results for the first quarter ended March 31, 2020. Strategic Business Updates Technological transformation towards high-efficiency portfolio of products now complete – mono wafer production capacity has been fully ramped up to 18GW in April

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Canadian Solar to Report First Quarter 2020 Results

Canadian Solar Inc.  announced financial results for the quarter ended March 31, 2020. First Quarter 2020 Highlights Total module shipments increased 41% year-over-year to 2.2 GW, in line with first quarter 2020 guidance of 2.15 GW to 2.25 GW. Net revenue increased 70% year-over-year to $826 million, exceeding first quarter 2020 guidance of $780 million to $810 million. Gross profit increased 108% year-over-year to $223

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Sungrow to Significantly Grow Revenue in 2019; Overseas Shipments Increase by 87.5%

Sungrow, the global leading inverter solution supplier for renewables, has recently released its annual report 2019 to shareholders, reporting a robust fiscal performance and key milestones in its business fields. Overview of Sungrow fiscal year · The shipments in 2019 reached 17.1GW, allowing the accumulative shipments to hit 100GW as of December 2019. · The revenue increased by 25.4% to

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SunPower to Report First Quarter 2020 Results

First Quarter Company Highlights Strong global Distributed Generation (DG) demand – 50 percent year over year volume growth Significant progress in Commercial Direct business – expected profitability in second half 2020 Continued investment in new products/services – next generation Maxeon technology, Equinox storage, digital Spin-off of Maxeon Solar Technologies expected for second quarter of 2020, pending regulatory approval and the

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