THE FINANCIAL STATE OF SOLAR
What to Look For When Solar Energy's Big 3 Report; SolarCity, SunPower, and First Solar all report earnings this week. Here's what you need to watch for.
Travis Hoium, October 26, 2015 (Motley Fool)
“…[SolarCity, First Solar, and SunPower, three] of the biggest and most important companies in the solar industry report earnings later this week and what they say will give us an indication of where the industry is heading…[T]he key for SolarCity to remain competitive when the investment tax credit drops in 2017 is to keep cost reductions coming…[and] slow growth spending…so a slower rate of planned growth in the future would be a prudent plan given the current uncertainty in the future of residential solar…First Solar's incredible efficiency improvement and strengthening financials [need to continue and it needs to continue to report a] 21% to 22% gross margin and $3.30 to $3.60 per share in earnings… so any improvements on those levels would be welcome for investors...[SunPower needs to take back its module efficiency lead and continue showing] solid margins on the products it is installing and improving margins in commercial solar…” click here for more