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Renewable Energy Equipment & Services

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Ning Xia Yin Xing Energy to dissolve branch

Friday, 18 Aug 2017 01:47am EDT

Aug 18(Reuters) - Ning Xia Yin Xing Energy Co Ltd <000862.SZ>:Says it plans to dissolve a photovoltaic cell manufacturing branch.

Daqo New Energy Q2 revenue $76 million

Tuesday, 8 Aug 2017 06:17am EDT

Aug 8 (Reuters) - Daqo New Energy Corp :Daqo New Energy announces unaudited second quarter 2017 results.Q2 revenue $76 million versus $71 million.Polysilicon production volume of 4,993 mt in Q2 2017, increased from 4,927 mt in Q1 2017​.Solar wafer sales volume of 27.0 million pieces in Q2 2017, increased from 22.4 million pieces in Q1 2017​.Qtrly ‍adjusted earnings per basic ADS $1.31​.Expects to produce 4,200 mt to 4,500 mt of polysilicon​ in Q3.Qtrly earnings per basic ADS $1.15.Annual maintenance for Xinjiang Polysilicon facility is scheduled for late September and October​.Annual maintenance for Xinjiang Polysilicon facility anticipated to impact production volume by approximately two weeks​.Expects to sell approximately 3,700 mt to 4,000 mt to external customers during Q3 of 2017​.Wafer sales volume is expected to be approximately 25.0 million to 25.5 million pieces in Q3 of 2017.For full year of 2017, china's annual PV installation forecast is currently expected to exceed 35gw​.Says ‍"we believe that China's PV market demand continues to be strong​".Says "‍globally, U.S. and Indian markets are also seeing strong pv product demand".Says "annual total global solar installation in 2017 is likely to exceed 80 gw for first time ever".Qtrly ‍income per diluted ADS $1.14​.

Sunpower Corp reports qtrly ‍adj loss per share of $0.35

Tuesday, 1 Aug 2017 04:05pm EDT

Aug 1 (Reuters) - Sunpower Corp ::Sunpower reports second quarter 2017 results.Sunpower Corp - Qtrly GAAP revenue $337.4 million versus $420.5 million.Sunpower Corp - Qtrly ‍adj loss per share $0.35​.Sunpower Corp - Qtrly Non-GAAP revenue $341.5 million versus $401.8 million.Q2 earnings per share view $-0.44, revenue view $313.2 million -- Thomson Reuters I/B/E/S.Sunpower Corp sees Q3 non-gaap revenue of $320 million to $370 million.Sunpower Corp sees Q3 gaap revenue of $300 million to $350 million.Sunpower Corp - ‍Now expects FY revenue of $1.9 billion to $2.1 billion on a GAAP basis and $2.1 billion to $2.3 billion on a Non-GAAP basis.Sunpower Corp - Forecasts ‍GW deployed in range of 1.3 GW to 1.45 GW in FY​ ​.Sunpower Corp - Now expects lower than forecasted GAAP restructuring charges which will be in range of $20 million to $60 million for 2017.Sunpower Corp - ‍Expects to deliver more than 500 MW of power plant projects in second half of year​.Sunpower Corp sees on a Non-GAAP basis, in Q3, adjusted ebitda of breakeven to $20 million and megawatts deployed in range of 405 MW to 435 MW.Sunpower Corp sees for fiscal year 2017 GW deployed in range of 1.3 gw to 1.45 GW.Sunpower Corp qtrly GAAP net loss per diluted share $0.67.FY2017 revenue view $2.17 billion -- Thomson Reuters I/B/E/S.Q3 revenue view $677.9 million -- Thomson Reuters I/B/E/S.

Sunpower Q2 ‍adj loss per share $0.35​

Tuesday, 1 Aug 2017 04:05pm EDT

Aug 1 (Reuters) - Sunpower Corp ::Sunpower reports second quarter 2017 results.Sunpower Corp - qtrly gaap revenue $337.4 million versus $420.5 million.Sunpower Corp - qtrly ‍adj loss per share $0.35​.Sunpower Corp - qtrly non-gaap revenue $341.5 million versus $401.8 million.Q2 earnings per share view $-0.44, revenue view $313.2 million -- Thomson Reuters I/B/E/S.Sunpower corp sees q3 non-gaap revenue of $320 million to $370 million.Sunpower sees q3 gaap revenue of $300 million to $350 million.Sunpower - ‍now expects fy revenue of $1.9 billion to $2.1 billion on a gaap basis and $2.1 billion to $2.3 billion on a non-gaap basis​.Sunpower - ‍gw deployed in range of 1.3 gw to 1.45 gw in fy​.Sunpower - now expects lower than forecasted gaap restructuring charges which will be in range of $20 million to $60 million for 2017.Sunpower corp - ‍expects to deliver more than 500 mw of power plant projects in second half of year​.Sunpower corp sees on a non-gaap basis, in q3, adjusted ebitda of breakeven to $20 million and megawatts deployed in range of 405 mw to 435 mw.Sunpower corp sees for fiscal year 2017 gw deployed in range of 1.3 gw to 1.45 gw.Sunpower corp qtrly gaap net loss per diluted share $0.67.Fy2017 revenue view $2.17 billion -- Thomson Reuters I/B/E/S.Q3 revenue view $677.9 million -- Thomson Reuters I/B/E/S.

Rec Silicon Q2 pretax loss bigger than expected due to currency

Thursday, 20 Jul 2017 01:22am EDT

July 20 (Reuters) - Rec Silicon Asa : :Rec silicon q2 revenues $ 61.4 million (Reuters poll $63 million) vs $71.1 mln in Q2 2016.Rec silicon q2 ebitda $1.3 million (Reuters poll $0.3 million) vs $-14.3 mln in Q2 2016.EBITDA Includes $2.5M Collection of Reserved Accounts Receivable.Rec silicon pretax loss $48.3 million (Reuters poll loss $26.2 million) vs $-39.1 mln in Q2 2016.Includes Q2 net currency losses of $17 mln vs a gain of $8 mln in q2 2016.Net currency gains and (losses) relate primarily to internal loans .Progress on yulin joint venture plant continues as planned.Continues to negotiate deferral of remaining $169 million capital contributions until after 2018.Gas sales volumes for quarter were in line with expectations at 808 mt.China Yulin jv facility expects to start up first silane unit and FBR reactors in q4 2017.Continues to negotiate deferral of remaining $169 million capital contributions until after 2018.Rec silicon targets 2017 polysilicon production of 12,500 mt versus previous guidance of 12,320 mt.Includec operation of the FBR facility in Moses Lake at approximately fifty percent capacity utilization throughout 2017. .Rec silicion repeats targets 2017 FBR cash production costs of $11.0/kg, sees $11.5/kg in q3.

EDF Renewable Energy acquires solar projects from First Solar

Thursday, 13 Jul 2017 06:00pm EDT

July 13 (Reuters) - First Solar Inc :EDF Renewable Energy announces acquisition of solar projects from First Solar.EDF Renewable Energy announced acquisition of 179 megawatt ac (mwac) switch station 1 and switch station 2 solar projects from first solar in late June.EDF Renewable - projects currently under construction, to sell combined output, environmental attributes under 3 power purchase agreements to NV Energy's units.EDF Renewable Energy-commercial operation dates for switch station 1, switch station 2 projects scheduled for late July 2017, late Sept 2017, respectively.

Shanghai Taisheng Wind Power Equipment sees H1 FY 2017 could rise up to 20 pct

Thursday, 13 Jul 2017 03:13am EDT

July 13(Reuters) - Shanghai Taisheng Wind Power Equipment Co Ltd <300129.SZ> ::* Sees H1 FY 2017 net profit could rise up to 20 percent, or to be 106.9 million yuan to 128.3 million yuan.* Says H1 FY 2016 net profit was 106.9 million yuan.* The reasons for the forecast are increased operating income of export business and wind power business and improved raw material cost .

Shanghai Aerospace Automobile Electromechanical to dissolve unit

Wednesday, 5 Jul 2017 12:21am EDT

July 5(Reuters) - Shanghai Aerospace Automobile Electromechanical Co Ltd <600151.SS> ::* Says it plans to dissolve its Gansu-based new energy unit.

ReneSola qtrly loss per share $0.12

Thursday, 15 Jun 2017 07:45am EDT

June 15 (Reuters) - ReneSola Ltd ::ReneSola announces first quarter 2017 results.Sees FY 2017 revenue $900 million to $1.0 billion.Q1 revenue fell 32.5 percent to $156.6 million.Sees Q2 2017 revenue $180 million to $200 million.ReneSola Ltd qtrly gross margin was 1.1%, compared to 2.1% in q4 2016 and 17.1% in q1 2016.Says for Q2 of 2017, expects downstream project sales to increase when compared to Q1 of 2017.ReneSola Ltd - qtrly loss per share $0.12.ReneSola - ‍currently has over 270 mw project pipelines under construction, plans to construct over an aggregate of 550 mw of projects in year of 2017​.ReneSola Ltd - ‍during construction phase, projects will be financed by construction loans, as well as installment payments from buyers​.ReneSola Ltd - qtrly loss per ADS $1.16.ReneSola Ltd - ‍during Q1, total external module shipments were 266.8 mw, down 19.3% from Q4 2016​.ReneSola Ltd qtrly ‍total wafer shipments were 259.2 mw, down 15.3% from Q4 2016 and down 26.2% from Q1 2016​.ReneSola Ltd - "ReneSola remains optimistic about growth prospects in led business"​.ReneSola Ltd - ‍for Q2 2017 expects external wafer shipments in range of 220mw to 240mw and external module shipments in range of 230mw to 250mw​.ReneSola - has over 270 mw project pipelines under construction, plans to construct over an aggregate of 550 mw of projects in year of 2017.ReneSola Ltd - during construction phase, projects pipelines will be financed by construction loans, as well as installment payments from buyers.

JA Solar says supplied modules for floating solar power plant in China

Thursday, 15 Jun 2017 07:00am EDT

June 15 (Reuters) - JA Solar Holdings Co Ltd ::JA Solar Holdings Co Ltd says it supplied modules for a floating solar power plant in China.JA Solar Holdings Co Ltd - 40 MW floating PV solar system is installed in a former flooded coal mining region in Huainan City, Anhui Province, China.JA Solar Holdings Co Ltd - solar project was connected in May 2017, and has capacity to provide most of light and air conditioning to a nearby city.

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