L R AS Published on Saturday 15 May 2021 - n° 362 - Categories:miscellaneous financial

Company news: E.ON in Q1, Daqo denies forced labour, Canadian Solar invests in AI

Corporate highlights: E.ON in Q1, Daqo denies forced labour, Canadian Solar invests in AI

E.ON reports Q1 2021 adjusted net income up 19%

809 million and adjusted operating profit up 14% to 1.7 billion, supported by a near doubling of the contribution from the customer solutions business.

Key factors were higher weather-related gas sales volumes and a successful restructuring in the United Kingdom.

On this basis, E.ON confirms its 2021 targets of an adjusted operating profit of between €3.8 billion and €4 billion and an Ebitda of between €7.2 billion and €7.5 billion, as well as its medium-term targets and dividend policy.

The company on 11 May 2021

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Polysilicon manufacturer Daqo has once again rejected allegations of forced labour. To convince, it opened the doors of its factory in China's Xinjiang Uygur autonomous region to international investors and journalists.

https://www.pv-magazine.com/2021/05/14/daqo-opens-xinjiang-polysilicon-factory-to-international-observers/

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Canadian Solar today announced a "strategic partnership and investment" with UK-based Habitat. Habitat offers systems driven by artificial intelligence and machine learning to optimise energy storage assets.

https://www.pv-magazine.com/2021/05/13/canadian-solar-invests-in-british-merchant-battery-ai-company/

PV Magazine of 13 May 2021

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