8point3 Energy Partners LP A
SunEdison or FirstSolar? Diversification or a Strong Focus?
FirstSolar (FSLR) nailed its 2Q15 earnings. The company’s focus on solar power differentiates it from SunEdison (SUNE).
SunEdison and FirstSolar Publish Their 2Q15 Earnings
FirstSolar (FSLR) and SunEdison (SUNE) published their 2Q15 earnings on August 4 and August 6, respectively. The results starkly contrasted with each other.
Why Has SunEdison Fallen since Its 3Q15 Earnings Announcement?
SunEdison reported its 3Q15 earnings on November 9, 2015. The company reported a loss per share (or LPS) of $0.91 in 3Q15.
SunPower in 2Q15: Liquidity Shrinks on Cash Burn
SunPower reported cash and cash equivalents of $623 million as of June 29, 2015, as opposed to $956.2 as of December 28, 2014.
8point3 Energy Makes Headlines in 2Q15
SunPower’s 128 megawatt Henrietta Solar Power project and 60 MW Hooper Solar Project are part of the right of first offer agreement with 8point3 Energy.
SunPower Completes the World’s Largest Solar Project in 2Q15
SunPower is building the California-based 128 MW Henrietta Solar Project and the Colorado-based 60 MW Hooper Solar Project.
FirstSolar and SunPower’s 8point3 Energy Went Public in 2Q15
8point3 Energy (CAFD), the yieldco that’s jointly sponsored by SunPower (SPWR) and FirstSolar (FSLR), raised $420 million in an IPO completed on June 18.
FirstSolar Records Subdued 1H15 Profits, SunEdison Steady Losses
Despite a very favorable 2Q15, FirstSolar (FSLR) reported $13.0 million in operating losses in 1H15 compared to an operating profit of $141.2 million in 1H14.
Why Did FirstSolar Rise 16.6% on Its 2Q15 Earnings?
FirstSolar (FSLR) gained 16.6% on August 5 in reaction to its 2Q15 earnings surprise. The company’s revenues, at $896.2 million, came in 13.7% higher than the consensus.
FirstSolar Records Impressive Cost Performance in 2Q15
FirstSolar’s (FSLR) cost of sales increased 62% to $731.7 million in 2Q15 from $451.6 million in 2Q14. However, an increase in revenues offset the increase.
FirstSolar and SunEdison’s Cost Performance in 1H15
While FirstSolar (FSLR) exhibited impressive cost performance in 2Q15, its 1H15 cost performance was marred by poor 1Q15 performance.
FirstSolar’s Net Income Jumps More than 20-Fold in 2Q15
How did FirstSolar (FSLR) perform on different profitability and cash flow measures in 2Q15? We’ll start the discussion with operating profit.
SunPower Stock Loses 10% in 2Q15, but Why?
In 1Q15, SunPower (SPWR) stock rose 21%, primarily due to the announcement of the joint formation of 8point3 Energy Partners (CAFD) in collaboration with FirstSolar (FSLR).