China saw a significant slowdown in solar and wind installations in June after new rules came into effect that threaten the profitability of renewable power projects https://t.co/qW9NupcVoR ...

22 July 2025 | 6:22PM CST China Solar Key Q&As on Anti-Involution Since the Central Commission for Financial and Economic Affairs (CCFEA) meeting on July 1st where President Xi called for building a "united national market", discouraging local protectionism, as well as regulating disorderly price competition and excessive competition among producers, share prices for our covered Polysilicon companies (Tongwei/GCL/DQ) rallied by an average of 32% (vs. +13% for the rest of our China Solar coverage and +3%/+2% ...

Enphase Energy, a major US solar equipment company, sees the nation’s residential market shrinking 20% next year as tax credits for homeowners end under Donald Trump’s sweeping economic legislation https://t.co/GeBEaeyH48 ...

Enphase Energy (ENPH) Q2 2025 Earnings Call July 22, 2025 04:30 PM ET Company ParticipantsZach Freedman - Investor RelationsBadri Kothandaraman - President & CEOMandy Yang - EVP & CFOBrian Lee - Vice PresidentDushyant Ailani - SVPRaghu Belur - SVP, Co-founder & Chief Products OfficerMaheep Mandloi - DirectorDylan Nassano - Vice PresidentMark Strouse - Executive DirectorDavid Arcaro - Executive Director - Equity ResearchChris Dendrinos - Vice PresidentConference Call ParticipantsPraneeth Satish - AnalystPhil ...

Enphase Energy (ENPH) Q2 2025 Earnings Call July 22, 2025 04:30 PM ET Speaker0Good day, and welcome to the Enphase Energy's Second Quarter twenty twenty five Financial Results Call. All participants will be in a listen only mode. Please note that this event is being recorded. I would now like to turn the conference over to Zach Friedman. Please go ahead.Speaker1Good afternoon, and thank you for joining us on today's conference call to discuss Enphase Energy's second quarter twenty twenty five results. On to ...

Oslo, 22 July 2025: Scatec ASA has been awarded preferred bidder status for a total of 846 MW solar (the Kroonstad PV cluster), in the seventh round of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) by the Department of Electricity and Energy (DEE) in South Africa. The award follows a re-allocation of MW under the seventh bid window from onshore wind to solar PV. Once operational, the projects will provide clean and reliable energy under 20-year PPAs. Located in the Free St ...

FREMONT, Calif., July 22, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, announced today financial results for the second quarter of 2025, which included the summary below from its President and CEO, Badri Kothandaraman. We reported quarterly revenue of $363.2 million in the second quarter of 2025, along with 48.6% for non-GAAP gross margin. We shipped approximately 1.53 milli ...

Complete Solaria (CSLR) Q2 2025 Earnings Call July 22, 2025 01:00 PM ET Company ParticipantsT.J. Rodgers - CEO & ChairmanDan McCranie - Board MemberSioban Hickie - VP - IRConference Call ParticipantsDerek Soderberg - Director - Senior Equity Research AnalystT.J. RodgersHi. This is CJ Rogers. I'm CEO of SunPower, and, here to tell you about our quarter. I dragged out an old picture, to talk about the, the ITC and the weather out there. So let me start out with the numbers.That slide is buried in there. So th ...

Financial Data and Key Metrics Changes - The company reported revenue of $67.5 million for Q2 2025, a decrease from $82.7 million in the previous quarter, attributed to the ITC revenue drop and other issues [5][9] - Operating profit for the quarter was $2.4 million, down from $2.9 million in the previous quarter, indicating a healthy performance despite the revenue decline [6][12] - Gross profit was impacted by a $3.7 million hit, but was partially offset by a cost-cutting program that reduced operating expenses by $4.5 million [9][11] Business Line Data and Key Metrics Changes - The direct business segment showed strong growth, contributing significantly to the backlog, which increased by 30% from the previous quarter [88] - New homes segment also showed regrowth, indicating a positive trend in bookings [89] - The company is focusing on high-margin business areas, particularly in new homes, which is noted as the most profitable division [91][104] Market Data and Key Metrics Changes - The company is experiencing a shift in the solar market dynamics due to the elimination of the ITC, which is expected to lead to a less crowded industry [78][82] - The sales organization is being restructured to better engage with critical markets such as California, Texas, and Florida, which have high total available market potential [84] Company Strategy and Development Direction - The company is implementing a more functional organizational structure to improve sales performance and accountability [57] - There is a focus on inorganic growth through acquisitions, with ongoing negotiations for potential deals [71] - The company is also investing in battery technology, which is expected to enhance revenue potential and gross margins [100][102] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about achieving profitability in Q3 2025, with expectations for the highest profit in the current run [71] - The company is addressing high costs of selling and slow funnel velocity, which are seen as areas for improvement [55][56] - Management acknowledged the challenges posed by the ITC changes but believes the company is well-positioned to benefit from the evolving market landscape [78][82] Other Important Information - The company has established a low-cost finance center in India to improve operational efficiency [35][36] - There have been changes in the executive team, including the departure of the CFO and the appointment of an interim CFO [39][40] Q&A Session Summary Question: How can SunPower benefit from surviving the current cycle? - Management highlighted the company's ability to generate positive operating income while peers face bankruptcy, suggesting that SunPower can leverage its strong organization and structure to capture market opportunities [78][80] Question: Can you elaborate on the backlog growth? - The backlog increased by 30% due to strong performance in the direct business and regrowth in new homes, indicating a positive trend in bookings [86][88] Question: How does the inclusion of batteries change the economics of agreements? - The attach rate for batteries is currently low at 14%, but there is significant upside potential, with expectations to increase this to 1.3x or higher over time [100][102] Question: What is the outlook for gross margins? - Management is focused on maintaining high gross margins, which are currently above industry standards, and anticipates that they will remain strong as the company grows [104][106]

These slides (and the accompanying oral discussion) contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on assumptions made by management, considering its experience in the industries where Valmont operates, perceptions of historical trends, current conditions, expected future developments, and other relevant factors. It is important to note that these statements are not guarantees of future performance or results. They in ...