Tag Archives: results
First Solar Earnings Disappoint
Prior to reporting its full-year 2012 results yesterday evening (Feb. 26) First Solar announced that it’s reached a new efficiency level for cadmium telluride (CdTe) thin-film photovoltaics, at 18.7 percent efficiency (as verified by the National Renewable Energy Laboratory). Then during the earnings report, the company produced non-GAAP earnings per share of $2.04 for the [...]
The 2012 Election: It’s All About Energy
Recently, GTM asked how the results of the 2012 election will impact U.S. greentech, but a new poll suggests that question put the horse before the cart. The first question is how greentech will impact the 2012 election. Public Policy Polling (PPP) asked 22,412 likely voters in eight states considered to have the potential to [...]
SunPower Q1 2012 Earnings
SunPower (Nasdaq:SPWR) reported its Q1 2012 results after the closing bell yesterday. Greentech Media spoke with SunPower CEO Tom Werner soon after the earnings call. The firm posted Q1 revenue of $494 million and gross margins of 12.7 percent. The firm, like every other solar module firm in Q1, lost money. In SunPower’s case, Q1 [...]
Suntech Power Results Impress $STP
Suntech Power (STP) is out this morning posting preliminary results for Q4 2011 and the results are considerably better than expected. The stock soared at the open up around 20%, but has given much of that back and is currently up around 12% on heavy volume. The company says it has exceeded previous guidance and [...]
The Tragic Results of Political Compromise in U.S Energy Policy
The results of political compromise — maybe by definition — areseldom satisfactory to anyone. But hasn’t this whole process recentlygotten worse than ever before? The healthcare reform bill that theObama administration put through was the product of a hammer and tongsfight from the insurance companies, the pharmaceutical industry, and the enormous money and power that they and their [...]
Strong Results from Suntech, Although Investors Don’t Agree $STP
Suntech Power’s (NYSE: STP) stock price was down 2.5 percent to $8.34 in advance of the firm’s Tuesday morning Q3 earnings announcement. The world’s largest vertically-integrated solar power firm, based inWuxi, China, reported an EPS of $0.18 on revenue of $744 million withslightly lower ASPs and a slightly lower 16.4 percent gross margin. Third Quarter [...]
ReneSola Posts Q3 Results, Increases Full-year Projections $SOL
ReneSola Ltd. today announced its third quarter financial results 2010, with netrevenues at record $358.7 million, an increase of 41.3% from $253.9million in previous quarter. The revenues were driven by a combinationof higher average selling prices and strong growth in its modulebusiness. The net income was record $60.1 million, representing basicand diluted earnings per share [...]
Jinko Solar Explodes Higher on 3Q Earnings Results $JKS
Slowdown inGermany? Italy cutting solar subsidies 6-10%? The Czech Republictrimming subsidies? A deterioration in ASPs (average selling prices) inthe second half of 2011? A huge follow-on offering of 3.5M ADS (American Depository Shares) in which insiders are cashing in on 43% of theshares? Jinko Solar (JKS) mentioned all these potential headwinds inMonday morning’s earnings report [...]
NREL’s 23rd Industry Growth Forum Results
We blogged about the NREL industry growth forum 2 weeks ago prior to the event. NREL’s industry growth forum is ahighly recognized event featuring start-up companies in cleantechnologies showcasing new products for venture capitalists, witheventual ‘winners’ selected to receive cash prizes. This year’sevent drew more than 500 investors, entrepreneurs, scientists andpolicymakers to Denver. The event [...]