Latest News In Energy Transition - Complete Solar Delays Results Amid Expanding Solar Ambitions

Complete Solar has announced a delay in reporting its audited financial results for 2024 and unaudited results for the first quarter of 2025, now scheduled for April 30, 2025. This postponement is attributed to the complexities involved in the financial integration of three distinct entities, each with separate accounting systems, following their merging efforts. The company's recent acquisition and consolidation of SunPower assets underscore its expanding role within the residential solar services sector, demonstrating its commitment to energy efficiency and the broader energy transition movement. This adjustment emphasizes the challenges and opportunities present in the evolving landscape of renewable energy.

In other trading, Siemens Energy (XTRA:ENR) was trading firmly up 10.5% and closing at €63.80, close to the 52-week high. Meanwhile, Blackstone (NYSE:BX) lagged, down 7.8% to end the day at $120.22, near its 52-week low.

Siemens Energy's substantial €131 billion order backlog suggests potential for timely revenue realization before demand shifts. Discover the full narrative on Siemens Energy to explore these dynamics further.

Best Energy Transition Stocks

• First Solar (NasdaqGS:FSLR) ended the day at $122.45 down 4.3%.
• Tesla (NasdaqGS:TSLA) settled at $227.50 down 5.7%.
• Vistra (NYSE:VST) closed at $106.52 down 7.7%.

Taking Advantage

• Discover the full array of 143 Energy Transition Stocks, featuring Tokyu Fudosan Holdings, Enel and China National Nuclear Power, right here.
• Curious About Other Options? The end of cancer? These 23 emerging AI stocks are developing tech that will allow early idenification of life changing disesaes like cancer and Alzheimer's.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

• Simply Wall St
• "Complete Solar to Report 2024 and Q1’25 on April 30" from Complete Solar, Inc. on GlobeNewswire (published 18 April 2025)

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com