The share price of First Solar, Inc. (NASDAQ:FSLR) fell by 7.7% between December 31, 2025, and January 7, 2026, putting it among the Energy Stocks that Lost the Most This Week. Jefferies Remains Cautious on First Solar (FSLR), Cuts Target to $260 First Solar, Inc. (NASDAQ:FSLR) is a leading American solar technology company and global provider of responsibly produced eco-efficient solar modules. First Solar, Inc. (NASDAQ:FSLR) received a blow on January 7 when Jefferies downgraded the stock from ‘Buy’ t ...

Key Takeaways FSLR is ramping up manufacturing, reaching 23.5 GW of nameplate capacity with new and expanded facilities.FSLR's booking backlog stands at 54.5 GW through 2030, reflecting strong global demand for its solar modules.FSLR faces tariff and trade risks that could pressure U.S. sales and international manufacturing performance.First Solar, Inc. (FSLR) continues to expand its manufacturing capacity, which is expected to support revenue growth. The company’s growth prospects remain solid in the Unite ...

Core Insights - T1 Energy has signed a three-year contract with Treaty Oak Clean Energy to supply a minimum of 900MW of solar modules using domestic solar cells from T1's upcoming G2_Austin solar cell fabrication facility [1][2] Group 1: Agreement Details - The agreement ensures Treaty Oak receives high-performance, silicon-based solar modules that comply with new federal regulations regarding foreign content [2] - T1's strategy focuses on providing a traceable and reliable solar supply chain, with its Texas facility utilizing high-efficiency TOPCon technology [2][3] Group 2: Domestic Content and Production - T1 aims to increase the domestic content of its solar modules, expecting to exceed 60% domestic content with the first phase of G2_Austin production starting by the end of 2026 [3] - The company plans to develop G2_Austin in two phases totaling 5.3GW, complementing its existing 5GW G1_Dallas solar module facility [5] Group 3: Strategic Importance - The partnership enhances Treaty Oak's ability to deliver competitively priced, regulatory-compliant renewable energy at scale, reinforcing its commitment to sourcing technology that meets high standards of traceability and domestic content [4][5] - T1's Chairman and CEO emphasized the importance of building an integrated U.S. polysilicon solar supply chain, aligning with the growing demand for domestically produced solar modules [4]

Core Insights - T1 Energy Inc. (NYSE:TE) experienced a significant week-on-week stock increase of 51.47% following a meeting between its CEO and US Vice President JD Vance to discuss American energy and manufacturing [1][3] - The company is accelerating the development of its 2.1 GW solar cell fabrication facility, G2_Austin, with plans to complete the project by the end of the year [2] - The first phase of G2_Austin is expected to start producing solar cells in Q4 2026, with an estimated investment of $400 million to $425 million, creating approximately 1,700 new jobs [3] Financial Performance - In Q3, T1 Energy widened its net loss attributable to shareholders by 412% to $140.8 million, compared to a loss of $27.47 million in the same period last year [5] - The company's net sales for the same quarter were reported at $90.38 million, a significant increase from none in the comparable period last year [5] Operational Capacity - T1 Energy also operates the G1_Dallas solar module facility in Wilmer, Texas, which is one of the most advanced solar manufacturing plants globally, with a production capacity of 2.6 to 3 GW of solar modules expected by 2025 [4]

Core Viewpoint - Canadian Solar's stock is experiencing a positive reaction following its earnings report, despite a challenging market environment [1] Financial Performance - The company reported a loss of $0.58 per share for Q3 on revenues of $1.5 billion, which was better than analysts' expectations of a $1 loss on $1.4 billion in revenue [2] - Solar module shipments declined by 39% year over year, but overall revenue only decreased by 1% due to growth in battery energy storage system sales [3] - The gross profit margin improved by 80 basis points to 17.2%, indicating better profitability from battery sales [3] - Operating costs decreased, resulting in a GAAP net income loss of $0.07, significantly better than the pro forma loss of $0.58 per share [4] Market Data - Current stock price is $33.81, with a market capitalization of $2 billion [5][6] - The stock has a 52-week range of $6.57 to $34.59 and a gross margin of 18.75% [6] Future Guidance - Management projects steady-state revenue between $1.3 billion and $1.5 billion for Q4, with expected sales of 4.6 to 4.8 gigawatts of solar modules and 2.1 to 2.3 gigawatt-hours of batteries [6] - Despite positive guidance, gross margins are anticipated to decline, and the company is expected to incur losses for the year [7] - With next year's earnings estimated at $1.11, the current share price of $34 may be considered too high for potential investors [7]

Canadian Solar 3Q25 Earnings Call November 13, 2025 Canadian Solar Inc. Safe Harbor Statement This presentation has been prepared by the Company solely to facilitate the understanding of the Company's business model and growth strategy. The information contained in this presentation has not been independently verified. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or t ...

Core Insights - Canadian Solar (CSIQ) is expected to report a quarterly loss of -$1.08 per share, a decline of 248.4% year-over-year, with revenues forecasted at $1.37 billion, down 9.1% from the previous year [1] Earnings Estimates - The consensus EPS estimate for the quarter has been revised downward by 16.1% over the past 30 days, indicating a reassessment by analysts [2] - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3] Revenue Projections - Analysts predict revenues for CSI Solar's solar modules to reach $841.65 million, reflecting a year-over-year decrease of 30.9% [5] - Revenues from CSI Solar's solar system kits are expected to be $126.97 million, indicating a year-over-year increase of 19.3% [5] - Revenues from CSI Solar's battery energy storage solutions are projected at $333.66 million, showing a significant year-over-year increase of 249.8% [6] - Revenues from CSI Solar's EPC and other services are anticipated to be $50.84 million, reflecting a year-over-year increase of 16.6% [6] - Total revenues for CSI Solar are expected to be $1.41 billion, indicating a year-over-year decline of 3.3% [6] - Revenues for Recurrent Energy are projected to reach $77.57 million, representing a year-over-year increase of 72.2% [7] Stock Performance - Canadian Solar shares have increased by 128.3% over the past month, significantly outperforming the Zacks S&P 500 composite, which rose by 4.4% [7] - The company holds a Zacks Rank of 3 (Hold), suggesting it is expected to closely follow overall market performance in the near term [7]

Core Viewpoint - JinkoSolar's majority-owned subsidiary, Jiangxi Jinko, reported significant declines in financial performance for the third quarter of 2025, with total operating revenue dropping by 34.11% year-over-year and a substantial net loss attributable to owners of the parent company [1][2][3]. Financial Performance Summary - **Total Assets**: As of September 30, 2025, total assets were RMB 117.20 billion, down 3.23% from RMB 121.11 billion as of December 31, 2024 [3]. - **Total Equity**: Total equity attributable to the parent company decreased by 12.14% to RMB 28.39 billion from RMB 32.31 billion [3]. - **Operating Revenue**: Total operating revenue for the three months ended September 30, 2025, was RMB 16.15 billion, a decrease of 34.11% compared to RMB 24.48 billion for the same period in 2024 [3]. - **Net Profit/Loss**: The net loss attributable to owners of the parent company was RMB 1.01 billion, representing a 6,900.55% increase in loss compared to the previous year [3]. - **Cash Flow**: Net cash used in operating activities for the nine months ended September 30, 2025, was RMB 1.34 billion, an increase of 267.83% compared to the same period in 2024 [3]. - **Earnings Per Share**: Basic and diluted earnings per share were both RMB -0.10, reflecting a significant decline of 10,100% compared to RMB 0.00 in the previous year [3]. - **Return on Equity**: The weighted average return on equity was -3.50%, a decrease of 3.54 percentage points [3]. - **Research and Development Expenditure**: R&D expenditure as a percentage of total operating revenue increased to 4.17% for the three months ended September 30, 2025, compared to 3.85% for the nine months ended September 30, 2024 [3]. Company Overview - JinkoSolar is recognized as one of the largest and most innovative solar module manufacturers globally, with a diverse international customer base across multiple regions [6][7]. - The company operates over 10 production facilities and has more than 20 overseas subsidiaries, enhancing its global sales network [7].

Summary of Earnings Preview for China Utilities Sector Industry Overview - The report focuses on the **China Utilities** sector, specifically highlighting the **Power, Renewables, and Power Grid** industries in the Asia Pacific region - The overall industry view is considered **Attractive** [4][6] Key Insights - **3Q25 Earnings Expectations**: - Continued margin recovery is anticipated for wind component and submarine cable players - Polysilicon earnings may see upside risks - Solar module producers are expected to maintain flat or show mild decline in losses quarter-over-quarter (QoQ) [1][6] - **Coal Prices and Power Tariffs**: - A slight weakening in unit profit is expected due to a small rise in coal prices and a persistently soft power tariff [6][8] - **Sector Performance**: - Wind sector is expected to see a sector-wide gross profit (GP) margin recovery, primarily driven by submarine cables with a favorable product mix in 3Q25 - Wind Turbine Generator (WTG) Original Equipment Manufacturers (OEMs) may experience a more muted recovery [6][8] Company-Specific Highlights - **CGN Power Co., Ltd (1816.HK)**: - On-grid power generation decreased by 3% year-over-year (YoY) in 3Q25 due to longer outage times - Estimated net profit of approximately **Rmb2.6 billion**, down 6% YoY [8][10] - **China Longyuan Power Group (0916.HK)**: - Forecasted net profit of **Rmb937 million** in 3Q25, down from **Rmb1,542 million** in 2Q25 - Net profit for 9M25 expected to be **Rmb4.5 billion**, down 22% YoY [8][10] - **Huaneng Power International Inc. (0902.HK)**: - Estimated net profit of **Rmb4.1 billion**, up approximately 38% YoY but down 5% QoQ - Unit fuel cost expected to decline by **Rmb0.036/kWh** (12% YoY) [8][10] - **Jiangsu Zhongtian Technology Co. Ltd. (600522.SS)**: - Forecasted net profit of **Rmb1.03 billion** for 3Q25, up 21.1% YoY and 9.6% QoQ [8][10] - **Goldwind (2208.HK)**: - Expected net profit of **Rmb953 million**, representing a 135.1% YoY increase [10][10] - **Tongwei Co. Ltd. (600438.SS)**: - Forecasted net loss of **Rmb2.2-2.4 billion** in 3Q25, with improvements in polysilicon business due to price rebounds [10][10] - **LONGi Green Energy Technology Co. Ltd. (601012.SS)**: - Expected loss of **Rmb1.0-1.3 billion** in 3Q25, with slight declines in wafer and module shipments [10][10] Additional Observations - **Polysilicon Players**: Potential earnings surprises are anticipated due to increases in shipments and average selling prices (ASP) in 3Q25 [6][8] - **Demand Outlook**: Weaker demand is expected in 4Q25 compared to 3Q25, particularly for solar products [6][8] This summary encapsulates the key points from the earnings preview for the China Utilities sector, highlighting both the overall industry outlook and specific company forecasts.

Core Viewpoint - The US is investigating Waaree Energies Ltd. for potential evasion of anti-dumping and countervailing duties on solar cells imported from China and Southeast Asia, which has led to a formal investigation by US Customs and Border Protection [1][4]. Company Summary - Waaree Energies' shares fell by as much as 7.6%, marking the largest decline since May, despite the company's stock having more than doubled since its debut in Mumbai last October [2]. - The company has stated its commitment to cooperate with US investigations and claims to comply with all local laws and regulations in its operational countries [3]. Industry Summary - The investigation follows allegations from the American Alliance for Solar Manufacturing Trade Committee that Waaree mislabelled solar cells from China as products from India to evade tariffs [4]. - US solar manufacturers are advocating for increased tariffs on imported photovoltaic equipment, citing unfair subsidies and dumping practices that threaten the domestic industry [5].