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Quarter Results

E.ON’s transformation making progress

E.ON’s first-quarter results were in line with expectations. EBITDA increased from €2.8 billion to €3.1 billion. Underlying net income also rose by €300 million to €1.3 billion. The earnings improvement is attributable to a nonrecurring positive effect resulting from the agreement with Gazprom to adjust the terms of long-term gas supply contracts. Without this effect, […]

SolarWorld AG continues growth with quality and high-efficiency products

SolarWorld AG sees a growing demand for its quality and high-efficiency products on the international solar market. In the first three months of 2016, the group increased its revenue by more than 40 percent, compared with previous year’s quarter. The company released its consolidated quarterly statement today and confirmed its preliminary figures. “We are quality […]

Canadian Solar Reports First Quarter 2016 Results and Raises Annual Revenue Guidance

Canadian Solar Inc. (“Canadian Solar” or the “Company”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced its financial results for the first quarter ended March 31, 2016. First Quarter 2016 Highlights Total solar module shipments were 1,198 MW, of which 1,172 MW were recognized in revenue, compared to 1,398 MW recognized […]

Yingli Green Energy Reports Fourth Quarter and Full Year 2015 Results

Yingli Green Energy Holding Company Limited  one of the world’s leading solar panel manufacturers, known as “Yingli Solar,”recently announced its unaudited consolidated financial results for the quarter and full year ended December 31, 2015. Fourth Quarter 2015 Consolidated Financial and Operating Summary Total net revenues were RMB 2,110.0 million (US$ 325.7 million), compared to RMB2,233.9 million […]

AES Reports First Quarter 2016 Proportional Free Cash Flow of $253 Million and Adjusted Earnings Per Share of $0.13

The AES Corporation recently reported Proportional Free Cash Flow (a non-GAAP financial measure) for the first quarter of 2016 of $253 million, a decrease of $12 million from the first quarter of 2015. This was driven primarily by lower margins, partially offset by improved working capital. First quarter 2016 Consolidated Net Cash Provided by Operating Activities […]

Ormat Technologies Reports First Quarter Revenue of $151.6 Million and Adjusted EBITDA of $80.2 Million

Ormat Technologies, Inc. receently announced financial results for the first quarter ended March 31, 2016. First Quarter Highlights and Recent Developments: Total revenues of $151.6 million, up 26.1% compared to the first quarter of 2015; Product segment revenues of $43.7 million, up 44.4% compared to the first quarter of 2015; Electricity segment revenues of $107.9 million, […]