Tag Archives: solf
Earnings Update: Solarfun Beats Estimates, but Revenue Short $SOLF
Solarfunposted a $1.6 million profit, or 3 cents per share, compared with asteep loss of $418.8 million, or $7.79 per share, for the equivalentquarter last year. Investors, however, were disappointed followingguidance regarding unit price pressures anticipated through 2010. Adjusted earnings totaled 25 cents per share, beating mean analysts’ estimate polled by FactSet Research of 23 [...]
Solarfun Reports Inline With Estimates, Stock Down (SOLF) $SOLF
Solarfun Power (SOLF) reported Q4 results about inline with expectations. The company reported an EPS of $0.25 which was one cent better thananalyst estimates. Revenue for the quarter was $183.5 million, whichcompares to the estimate of $184.55 million. The results were verysimilar to what most of the China solar companies are reporting.. bigimprovements over the year [...]
Solarfun (SOLF) Announces New PV Line
Solarfun just announced the release its new Eclipse product line.The new line of solar PV cells and modules features reduced lightinduced degradation, so they generate more electricity compared tostandard cells. For example, by reducing light induced degradation downto 1% from the standard 2-3%, the electricity generated is increased by1% to 2% over a one-, five-, [...]
Solarfun (SOLF) Announces 12.65 MW In PV Module Orders
Solarfun Power (SOLF) is surging 4% in premarket trading after announcing it has (had) won three contracts to supply a total of 12.65 MW in PV modulesfor projects in China, most of which is for a project in Xuzhou City. The 10MW for this project were already delivered last quarter and theadditional 2.65MW is for a [...]
SOLF Pays Up For Supply Deal, HOKU Stock Soars
I’ll keep this post short because the details are well.. detailed and aren’t worth repeating here. You can get all the financial details in a post here. In a nutshell, Solarfun (SOLF) owed Hoku Scientific (HOKU) millions inpayments for supplying them with solar modules that they were behind onand put their agreement in jeopardy. It’s being [...]
Solarfun (SOLF) Gets 100MW Jiayuguan Solar Deal
SolarfunPower (SOLF) has announced its subsidiary Jiangsu Linyang Solarfun hassigned an agreement with the government of Jiayuguan City under whichSolarfun agreed to build a 100MW solar power plant. To support thisproject, Solarfun agreed to construct a module production facility inJiayuguan City. Jingchang Zhang, Vice Mayor of Jiayuguan City, commented, “Jiayuguanis a famous tourist attraction in [...]
Solarfun Technical Trading Overview (SOLF)
Solarfun Power Holdings Co. Ltd. (SOLF)is a manufacturer of silicon ingots, photovoltaic (PV) cells and PVmodules in China. The Company manufactures a variety of silicon ingots,PV cells and PV modules. The Company also provides PV cell processingservices and PV module processing services. It sells PV cells and PVmodules both directly to system integrators and through [...]
Profit, Demand Increase at Solarfun (SOLF)
Solarfun Power (SOLF) got back in the black in a big way, reportinga Q3 EPS of $0.37 this morning, smashing analyst estimates of just.14/share. Revenues were down over the year ago quarter but continueto improve sequentially at $144 million. The company reported better diversity in the quarter with the newCzech solar market contributing 8% of [...]
Solarfun SIgns Supply Contract With Meridan Neue Energien GmbH (SOLF)
Solarfun just announced that it has signed a supply contract withMeridian Neue Energien GmbH. Under the contract, Solarfun will provideMeridian with 5MW of solar PV modules, which are expected to beconnected to the grid by December of this year. In a press release, Henry Bolz, Managing Director of Meridian Neue Energien, explained why his company [...]