Norwegian independent power producer (IPP) Scatec has posted a weakened financial results for the third quarter of 2023, with year-on-year power production and profit dropping by 7.8% and 71.6% respectively.
US cadmium telluride (CdTe) thin-film module manufacturer First Solar has announced an agreement to supply utility-scale renewables developer Swift Current Energy with 500GW of thin film modules.
US domestic solar company SunPower has lowed its FY2023 guidance due to reduced consumer demand, delayed revenue recognition from longer cycle times, and a net loss of more than US$30 million in the third quarter this year.
Class action lawsuits have been filed against US domestic solar company SunPower, amidst allegations that company misled investors by failing to disclose that it had inaccurately reported the cost of revenue and inventory metrics.
Investment manager Quinbrook Infrastructure Partners has acquired a 200-hectare site to build a polysilicon manufacturing facility in Townsville, Australia.