Companies

CSI Solar, the PV manufacturing subsidiary of Canadian Solar, has posted massively decreased profits in Q1 2025 amid what it described as “high trade barriers” and “severe supply-demand imbalances”.

Spanish energy utility giant Iberdrola has reported huge profits of over €2 billion in the first quarter of 2025.

Daqo New Energy has posted gross losses of US$81.5 million, and a gross margin of -65.8% in the first quarter of 2025.

Chinese solar manufacturing giant JinkoSolar posted net losses of US$181.7 million in the first quarter of 2025 amid low product prices and “changes in international trade policies.”

Beleaguered Norwegian silicon producer REC Silicon has received a buyout offer from its largest shareholder, Hanwha Corporation.

US residential solar company Complete Solaria will change its name to SunPower, resurrecting the name of one of the US' longest-running solar companies which folded last year.

Artificial Intelligence will “transform” the energy sector over the next decade, according to a report from the International Energy Agency.

A 10-year solar-based PPA will play an integral role in a new agreement that will see BOC Australia replace 45% of its power with renewables.

British perovskite solar company Oxford PV and Chinese solar manufacturer Trinasolar have entered into a patent licensing agreement for perovskite-based PV technologies.

US energy investment firm Excelsior Energy Capital has raised US$1 billion under its latest equity investment vehicle, Excelsior Renewable Energy Investment Fund II.