LONGi Expects 2020 Net Profits to Be 8.2 to 8.6 Billion Yuan
PVTIME – Just now, LONGi announced that the company is expecting to realize a net profit attributable to shareholders of between 8.2 to 8.6 billion yuan for 2020, a year-on-year…
Finance
GoodWe Forecasts 123.65 – 168.38% Net Profit Increase for 2020
PVTIME – On January 28, solar inverter manufacturer GoodWe issued its financial guidance for 2020. According to the announcement, GoodWe estimates net profit attributable to the parent for 2020 to…
Lightsource bp Completes Financing for 318MW of Solar in Texas
163MW Elm Branch and 153MW Briar Creek solar projects expected to offset greenhouse gas emissions by a total of 370,000 metric tons of CO2 annually Power contracts with energy partners…
GCLSI Successfully Raises CNY2.5 Billion ($US386 Million) Through Private Placement Share Offering
PVTIME – GCL System Integration Technology Co. Ltd (“GCLSI ” or “the Company”)(Shenzhen:002506) announced on January 21 that it successfully raised 2.5 billion yuan ($US386 million) through a private placement…
Arctech Solar Forecasts Net Profit Increase of 66.41 – 75.65% for 2020
PVTIME – On January 26, Arctech Solar (stock code:688408) released its financial guidance for 2020. The company estimated that net profit attributable to the parent in 2020 will be between…
Daqo New Energy Provides Preliminary Estimates of Revenue and Net Profit for Its Subsidiary and Updates Guidance for 2020
PVTIME – Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy”, the “Company” or “we”) announced that its subsidiary Xinjiang Daqo New Energy (“Xinjiang Daqo”) had provided estimates of its…
Sungrow Predicts 107-130% Net Profit Increase for 2020
PVTIME – On the evening of January 25, Sungrow disclosed its performance forecast for 2020. For the reporting period, the company expects to achieve revenue of 19-20 billion yuan, an…
ReneSola Power Announces $250 Million Registered Direct Offering of ADSs
PVTIME – ReneSola Ltd (“ReneSola Power” or the “Company”) (NYSE: SOL) announced that it entered into securities purchase agreements with several institutional investors for the purchase and sale of 10,000,000…
Trina Solar Forecasts Net Profit of 1.2 – 1.328 Billion Yuan for 2020, a Year-on-Year Increase of 87.55%-107.29%
PVTIME – Last night, Trina Solar Co., Ltd. (hereinafter referred to as “Trina Solar” or the “Company”) released earnings guidance for 2020. The company predicts that the net profit attributable…
Chint Electric Forecasts 70.46%-86.4% Net Profit Increase for 2020
PVTIME – On January 20, Zhejiang Chint Electrics Co., Ltd. (hereinafter referred to as “Chint Electric” or the “Company”) issued its earnings guidance for 2020. According to the announcement, after…
