Sunrun said it booked 94.5MW of future installs in the quarter, an increase 10000 watt solar panel system
of 115% year-over-year.
However, the company reported a net quarterly loss attributable to common stockholders of US$2.8 million, compared to a net income of US$7.5 million in the second quarter of 2015.10000 watt solar panel system
“Our NPV growth in the third quarter demonstrates our ongoing focus on value creation,” said Lynn Jurich, Sunrun’s CEO. “Successful execution on MW deployed and bookings growth means we are poised to continue our strong growth in 2016. We recently added our 100,000th solar customer, a new milestone as we rapidly add to the nation’s second largest residential solar fleet.”
Sunrun expect to deploy around 205MW in 2015, a 79% organic growth rate year on year.
Major Taiwanese PV manufacturer Motech Industries is making an investment in a PV module manufacturing subsidiary of monocrystalline solar cell producer Solargiga Energy that will drive an additional 600MW of new capacity at the plant in China through 2016.
The PV module subsidiary of Solargiga is expected to expand PV module capacity by 400MW and enter volume production in February 2016. A second phase of expansion totalling 200MW is follow and start ramping in the third quarter of 2016.
We have been completely satisfied with the quality and reliability of Quick Mount products on our solar PV projects. The ease of installation contributes greatly to the overall efficiency of our system installation.
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