shipments

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Increased Module Shipments Push Jinko Solar’s Net Income to $331 Million in Q2

China-based solar cell and module manufacturer Jinko Solar reported a net income of RMB2.41 billion (~$331.38 million) in the second quarter (Q2) of 2023, a considerable...

August 16, 2023

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Rakesh Ranjan

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Finance and M&A

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Solar
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Microinverter Company Enphase Energy’s Q2 Profit Up 37% YoY

Enphase Energy, a microinverter-based solar and storage systems supplier, reported a 37% increase in net profit to $205.6 million during the second quarter (Q2) of 2023...

July 28, 2023

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Gourav Mishra

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Inverters & BOS

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Solar
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Interest Expense Wipes Eos Energy’s Q1 Gains from Lower Cost of Goods Sold

Energy storage solutions provider Eos Energy Enterprises’ net loss widened to $71.6 million for the first quarter (Q1) of the financial year 2023 compared to $45.8...

May 17, 2023

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Gourav Mishra

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Energy Storage

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Markets & Policy
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Battery Storage Firm Flux Power’s Q3 Net Loss Narrows on Higher Sales Volume

The net loss of lithium-ion storage solutions provider Flux Power Holdings narrowed to $1.4 million in the third quarter (Q3) of the financial year (FY) 2022-23 compared...

May 15, 2023

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Gourav Mishra

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Energy Storage

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Market & Policy
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Array Swings to $13.6 Million Profit in Q1 on Higher Solar Tracker Shipments

Utility-scale solar tracker company Array Technologies swung to a profit of $13.6 million for the first quarter (Q1) of the financial year (FY) 2023 from a loss of $37.5...

May 11, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Enphase Energy’s Q1 Profit Surges 183% to $147 Million on Higher Shipments

Enphase Energy, a microinverter-based solar and storage systems supplier, posted a 183% year-over-year (YoY) surge in profit at $147 million for the first quarter (Q1)...

April 28, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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Canadian Solar’s Q4 Net Income Surges by 200% on Higher Module Shipments

Solar module maker Canadian Solar‘s net income surged 200% year-over-year (YoY) to $78 million for the fourth quarter (Q4) of the financial year (FY) 2022, fueled...

March 23, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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Ballard Power’s Q4 Net Loss Narrows to $34.4 Million

The net loss of fuel cell and clean energy solutions provider Ballard Power Systems narrowed to $34.4 million in the fourth quarter (Q4) of the financial year (FY) 2022...

March 20, 2023

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Gourav Mishra

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Other

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Renewable Energy
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SolarEdge’s Q4 Revenue Jumps 61% on Higher Inverter Shipments

SolarEdge, an Israel-based solar inverters manufacturer, posted revenue of $890.7 million for the fourth quarter of the financial year 2023, a jump of 61.4%...

February 15, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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Enphase Energy’s Q4 Profit Climbs 193% YoY on Higher Shipments of Microinverters

Enphase Energy, a supplier of microinverter-based solar-plus-storage systems, reported a 193% YoY surge in profit at $153.8 million in the fourth quarter (Q4) of 2022....

February 10, 2023

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Gourav Mishra

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Energy Storage

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Finance and M&A
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REC Silicon’s Revenue Surged 23% YoY to $34.6 Million in Q1 2022

U.S.-based producer of advanced silicon materials REC Silicon recorded revenue of $34.6 million in Q1 2022, a year-over-year (YoY leap of 23% from $28.1 million in the...

May 30, 2022

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Gourav Mishra

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Other

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Renewable Energy
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First Solar Reports 56% Year-Over-Year Slide in Net Sales in Q4 2020

U.S.-based solar module maker First Solar has announced that its net sales in the fourth quarter of 2020 (Q4 2020) stood at $609.2 million, down 56% from about $1.4...

February 26, 2021

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Nithin Thomas

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Finance and M&A

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Solar
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JinkoSolar Supplies Over 1.2 GW of Solar Modules to India in 2020

JinkoSolar‘s module shipments to India reach over 1.2 GW at the end of 2020. Jinko has also achieved a record shipment of over 70 GW+ installations across the...

February 1, 2021

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Staff

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Other

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Sponsored News
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Waaree, Adani, Risen Largest Suppliers of Solar Modules in CY 2019

Waaree Energies, Adani Solar, and Risen Energy emerged as the top three suppliers of solar modules in India in terms of shipments in the calendar year (CY) 2019. These...

May 18, 2020

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Anjana Parikh

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Mercom Research Focus

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Other

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