Oct 19 (Reuters) - Real Goods Solar Inc :RGS Energy issues business update – Net Sales up 59%, installation revenue increases 36%.RGS Energy - Preliminary Q3 total revenue $4 mln.RGS Energy - Preliminary Q3-ending backlog of $13.9 million .RGS Energy - Overall average sales price per watt for residential segment Q3 was $3.62 versus $3.27 in the second quarter of 2017.
Oct 12 (Reuters) - ECOSUNTEK ::SAID ON WEDNESDAY ITS SUBSIDIARY ECO TRADE S.R.L, IN CONNECTION WITH THE BANKRUPTCY AUCTION RELATED TO SOCIETA ENERGIA FOTOVOLTAICA 14 S.R.L., HAS BEEN AWARDED A BUSINESS UNIT CONSISTING OF PHOTOVOLTAIC POWER PLANT OF 977.44 KW IN PISTICCI FOR EUR 820,000, WHICH WILL BE PAID FROM OWN RESOURCES.
Oct 10 (Reuters) - Shanghai Aerospace Automobile Electromechanical Co Ltd <600151.SS>:Says it plans to boost photovoltaic project firms' capital by a combined 157 million yuan ($23.85 million).Says it plans to sell seven power firms valued a total of 344.2 million yuan.
SunPower Corp : SunPower reports fourth quarter 2016 results . SunPower corp qtrly non-GAAP net loss per diluted share $0.64 . Sees Q1 2017 revenue $315 million to $365 million . SunPower corp qtrly GAAP net loss per diluted share $1.99 . Qtrly GAAP revenue $1,024.9 million versus $374.4 million . Qtrly non-GAAP revenue $1,097.3 million versus $1,363.9 million . SunPower Corp sees FY revenue of $1.8 billion to $2.3 billion on a GAAP basis and $2.1 billion to $2.6 billion on a non-GAAP basis . SunPower Corp - expects to record GAAP restructuring charges totaling $50 million to $100 million in fiscal year 2017 . SunPower Corp - expects to generate positive operating cash flow through end of fiscal year 2017 and exit year with approximately $300 million in cash . SunPower Corp sees Q1 fiscal 2017 GAAP revenue of $315 million to $365 million . SunPower Corp sees Q1 fiscal 2017 GAAP net loss of $175 million to $150 million . SunPower Corp sees on a non-GAAP basis, company expects Q1 revenue of $370 million to $420 million, gross margin of 0 percent to 2 percent . SunPower Corp sees Q1 non GAAP adjusted EBITDA loss of $45 million to $20 million and megawatts deployed in range of 150 mw to 180 mw . Q1 earnings per share view $-0.11, revenue view $459.2 million -- Thomson Reuters I/B/E/S . FY2017 earnings per share view $-0.01, revenue view $2.41 billion -- Thomson Reuters I/B/E/S.
China Solar Energy Holdings Ltd <0155.HK>: Holding announcement relating to entering into of sale and purchase agreement and restructuring agreement . Unit, China Singyes Solar Technologies Holdings and investor entered into a sale and purchase agreement . Company, provisional liquidators, investor and Cheung Shun Yee entered into a restructuring agreement . Unit to acquire 81% in Xinjiang Singyes Renewable Energy Technology & Wuwei Dongrun Solar Energy Development .
SolarCity Corp : Expects to incur restructuring charges ranging from approximately $3 million to $5 million, consisting primarily of severance benefits . Realignment is expected to be completed by end of 2016 . To align with co's cost-cutting measures peter rive, co-founder,cto requested co reduce his annual salary from $275,000 to $1/year . On august 16, 2016, adopted and began implementing initiatives to realign operating expenses to match reduced guidance for megawatts installed . Substantial portion of the charges are expected to be incurred in second half of fiscal 2016 - sec filing .To align with company’s cost-cutting measures lyndon rive, co-founder,ceo requested co reduce annual salary from $275,000 to $1/year.
Senvion SA : Board of management resolves on share buy-back program . Buy-back will be carried out starting within Q3 and run no longer than 24 months . Price range between 10.00 euros ($11.18) and 35.00 euros per share . Resolved to launch a share buy- back program to repurchase up to 6,500,000 shares corresponding to 10 pct of company's issued share capital .Maximum total purchase price for which shares are to be acquired by Senvion S.A. In any case shall not exceed 75 million euros.
Terraform Power Inc : Delay in filing 10-Q due to need to complete steps,tasks necessary to finalize co’s financial statements,other disclosures . Sees results for quarter ended June 30 to be different due to increase by 1.1 gw of co’s fleet of renewable energy facilities from June 30 2015 . Sees results for quarter ended June 30 to be different due to increased expenses, in particular costs of external advisors . Files non timely 10-Q . Expects results of its operations for the fiscal quarter ended June 30, 2016 to be different from the corresponding period in 2015 Source: (http://bit.ly/2b4H8dZ ) Further company coverage: [TERP.O] ((Bangalore.firstname.lastname@example.org;)).
Sanix Inc <4651.T>:Says 391 employees took up the offer of the early-retirement program announced on April 15.