US distributed solar asset owner Spruce Power posted decreased revenues and EBITDA in Q4 2023, totalling US$15.7 million and US$9.9 million respectively.
SJVN Green Energy, the subsidiary of Indian state-owned utility SJVN, has signed offtake agreements for 600MW of solar PV capacity with Rajasthan Urja Vikas and IT Services Limited (RUVITL).
Chinese solar manufacturing giant Canadian Solar shipped 30.7GW of solar modules and posted US$274 million in net income in 2023, both “record” figures for the company.
First Solar CEO Mark Widmar has said that the US solar manufacturing industry “remains in a precarious position, despite the passage of the Inflation Reduction Act (IRA)”.
Continued growth in rooftop solar and “record-breaking” investment into utility-scale energy storage led renewable energy to fulfil almost 40% of Australia’s electricity supply in 2023.
Israel-headquartered inverter provider Solaredge and the regional council of the Scania region, in southernmost Sweden, will develop a pilot agri-pv project to trial the technology in Swedish conditions.
Solar manufacturer Aiko has signed supply deals for 2GW of its GEN 2 N-type ABC (All Back Contact) modules in Australia, marking its entry into the market.
