In the first quarter, U.S. energy storage capacity experienced a growth of 0.78 GW/2.145 GWh, indicating a year-on-year reduction of 11.3% and 22%, as well as a quarter-on-quarter reduction of 27% and 29%. The front-of-the-meter market remains the primary driver of energy storage installations in the U.S., accounting for 70.5% and 72.3% of the market […]
Websol Energy System Limited/First Quarter, FY 2022 – 2023 – EQ Mag Pro
Websol Energy System Limited, a listed Kolkata-based manufacturer of solar cells and modules, is making an unprecedented investment in ramping its solar cell and module plant seven-fold to 1.8 GW capacity. This investment is expected to help the company retain its position among the largest manufacturers of solar photovoltaic cells and modules in India, one […]
MIIT: China Produced Around 3 MT PV Rolled Glass & 664,000 Tons Industrial Silicon In First Quarter – EQ Mag Pro
At 2.991 MT, China’s total output of PV rolled glass in Q1/2022 improved 34.2% on annual basis In March alone, there was an increase of 34.3% YoY in production with a total production of 1.038 MT Some PV rolled glass producers curtailed manufacturing due to increased cost of raw materials and fuel, leading to high […]
SolarEdge Announces First Quarter 2022 Financial Results – EQ Mag Pro
MILPITAS, Calif. : SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the first quarter ended March 31, 2022. First Quarter 2022 Highlights Record revenues of $655.1 million Record revenues from solar segment of $608.0 million GAAP gross margin of 27.3% Non-GAAP gross margin of 28.4% […]
Enphase Energy Reports Financial Results for the First Quarter of 2022 – EQ Mag Pro
FREMONT, Calif. : Enphase Energy, Inc. a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, announced today financial results for the first quarter of 2022, which included the summary below from its President and CEO, Badri Kothandaraman. We reported record quarterly revenue of $441.3 million in the first […]
Daqo New Energy to Announce Unaudited Results for the First Quarter of 2022 on April 21, 2022 – EQ Mag Pro
Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy” or the “Company”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it plans to release its unaudited financial results for the first quarter of 2022 ended March 31, 2022 before U.S. markets open on Thursday, April 21, 2022. The Company […]
Sungrow Reaches the Next Level of the “Make in India” Initiative with 4GW Record Production in the First Quarter of 2022 – EQ Mag Pro
Sungrow, the global leading inverter solution supplier for renewables, announced its India factory hit a 4GW production record during the first quarter of 2022, a huge milestone of Sungrow’s contribution to the “Make in India” Initiative. The Sungrow India factory was initially built in 2018 with a 3GW production capacity which has expanded to 10GW […]
JinkoSolar Announces First Quarter 2021 Financial Results
SHANGRAO, China : JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced its unaudited financial results for the first quarter ended March 31, 2021. First Quarter 2021 Business Highlights Sharp rise in the price of polysilicon has driven up […]
Canadian Solar Reports First Quarter 2021 Results
GUELPH : Canadian Solar Inc. (“Canadian Solar” or the “Company”) (NASDAQ: CSIQ) today announced financial results for the quarter ended March 31, 2021. Highlights Solar module shipments of 3.1 GW in the first quarter of 2021, compared to guidance of 3.0 GW to 3.2 GW. Revenue increased 32% year-over-year (“yoy”) to $1.1 billion, compared to […]
Daqo New Energy Announces Unaudited First Quarter 2021 Results
SHANGHAI : Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy”, the “Company” or “we”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the first quarter of 2021. First Quarter 2021 Financial and Operating Highlights Polysilicon production volume was 20,185 MT in Q1 2021, […]