The company shipped 6.9 GW of solar modules, coming in ahead of expectations for the quarter. Canadian Solar (Nasdaq:CSIQ) announced its financial results for Q1 2025, posting net revenues of $1.2 billion in-quarter, about a 10% decline year-over-year for the quarter. Revenue came in at the higher end of the company’s expected range of $1 …
Canadian Solar secures $1.2 billion in revenues in Q1, 2025 Read More »
The company secured record fiscal year Q4 revenues in 2025, growing 26% year-over-year to $924 million. U.S.-based solar tracker manufacturer Nextracker (Nasdaq: NXT) announced its Q4 fiscal year (FY) 2025 revenues for the quarter that ended March 31, 2025. Despite ongoing market uncertainties related to clean energy tax credits and tariffs, the company delivered record …
Solar tracker provider Nextracker stock leaps on strong revenue beat Read More »
A recent webinar from the Clean Energy Group unpacks how nonprofits can take advantage of the Inflation Reduction Act’s Direct Pay Provision. Nonprofits around the country are increasingly exploring solar and battery storage to power their operations and reinforce their role as community support hubs. Despite the clear resilience benefits, the upfront cost remains a …
The company posted $80.4 million in revenue and increased its orders backlog to $645 million. Shoals Technologies Group announced its Q1, 2025 revenues, posting $80.4 million in revenue, beating Wall Street Consensus estimates by 7.8%. The stock’s share price rose about 20% in the trading day following the earnings call. Shoals (Nasdaq: SHLS) is a …
Over 70% to 90% of early-stage projects fail and are never constructed, according to findings reported by Paces. Over 70% to 90% of early-stage renewable energy projects fail to reach construction, said a whitepaper from Paces, a platform for renewable energy project development and de-risking. Early-stage clean energy development is “inherently risky,” the report noted. …
Strategies for de-risking early-stage renewable energy projects Read More »
After regaining Nasdaq compliance, the company announced its first profitable quarter in four years, though its financial results have not yet been audited. SunPower received an expected deficiency notification from Nasdaq indicating the company was not in compliance with the stock market’s listing rule. SunPower’s noncompliance was due to its failure to timely file its …
SunPower rectifies Nasdaq noncompliance, reports first profitable quarter in four years Read More »
The solar tracker provider had strong quarter-over-quarter and year-over-year growth, posting $20.8 million in Q1, 2025. Ground-mount solar tracker system provider FTC Solar, headquartered in Austin, Texas, announced its Q1, 2025 earnings, posting $20.8 million in revenues. Revenues grew 58% quarter-over-quarter and grew year-over-year, exceeding Q1, 2024 revenues of $12.6 million. First quarter revenues came …
The solar panel manufacturer’s stock declined roughly 10% following the release of its Q1 2025 report. First Solar released its Q1, 2025 earnings report, meeting expectations of about $844 million in revenue. The solar panel manufacturer significantly lowered its expectation for net sales in 2024 to $4.5 billion to $5.5 billion, down from an expected range …
First Solar lowers 2025 earnings expectations due to tariff challenges Read More »
Schneider Electric said it was able to streamline its process for tax credit transfers by collaborating with a range of different types of companies. Energy management company Schneider Electric has facilitated $1.7 billion in tax credit transfer transactions since late 2023. The 18 deals span across various sectors, including renewable energy projects, battery storage and …
Schneider Electric announces facilitation of $1.7 billion tax credit transfers Read More »
The developer and operator closed a $340 million private placement debt refinancing with PGIM Private Capital. Nexamp, a distributed solar and energy storage developer and operator, announced it closed a $340 million private placement debt refinancing with PGIM Private Capital. The refinancing is expected to enhance the company’s financial position while providing flexibility for continued …
Nexamp secures $340 million refinancing for distributed solar portfolio Read More »