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Finance

Trina Solar Announces 2020 Net Profit of 1.232 Billion Yuan, up 92% Year-on-Year

25/02/2021

PVTIME – On February 24, Trina Solar released its earnings guidance for 2020. The company achieved total operating income of 29.5 billion yuan, a year-on-year increase of 26.51%; net profit…

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Enphase Energy Announces Proposed $1.0 Billion Green Convertible Senior Notes Offering

25/02/2021

PVTIME – Enphase Energy, Inc. (Nasdaq: ENPH) today announced that it intends to offer, subject to market conditions and other factors, $500 million aggregate principal amount of green Convertible Senior…

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SunPower Reports Strong Fourth Quarter and Fiscal Year 2020 Results

19/02/2021

PVTIME – SunPower Corp. (NASDAQ:SPWR) has announced financial results for its fourth quarter and fiscal year ended January 3, 2021. “2020 was a transformational year for SunPower: we successfully completed…

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Canadian Solar Closes Japan Green Infrastructure Fund with JPY22 Billion Committed Capital to Develop New Projects

Canadian Solar Closes Japan Green Infrastructure Fund with JPY22 Billion Committed Capital to Develop New Projects

18/02/2021

PVTIME – Canadian Solar Inc. announced today the successful close of the Japan Green Infrastructure Fund (“JGIF” or the “Fund”). Canadian Solar will partner with Macquarie Advisory & Capital Solutions…

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Daqo New Energy Provides Updates on Xinjiang Daqo’s Potential IPO in China

03/02/2021

PVTIME – Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy,” the “Company” or “we”) provided updates on the status of the proposed initial public offering (“STAR Market IPO”) and…

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LONGi Expects 2020 Net Profits to Be 8.2 to 8.6 Billion Yuan

28/01/2021

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…

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GoodWe Forecasts 123.65 – 168.38% Net Profit Increase for 2020

28/01/2021

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…

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Lightsource bp Completes Financing for 318MW of Solar in Texas

Lightsource bp Completes Financing for 318MW of Solar in Texas

28/01/2021 0 Comment

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…

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GCLSI Successfully Raises CNY2.5 Billion ($US386 Million) Through Private Placement Share Offering

GCLSI Successfully Raises CNY2.5 Billion ($US386 Million) Through Private Placement Share Offering

27/01/2021

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…

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Arctech Solar Forecasts Net Profit Increase of 66.41 – 75.65% for 2020

Arctech Solar Forecasts Net Profit Increase of 66.41 – 75.65% for 2020

27/01/2021

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…

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