Companies

Major Chinese polysilicon producer Daqo New Energy has posted a decreased financial results for the fist quarter of 2024 as the wafer sector faced pressure from accumulated inventories and negative margins.

Leading Chinese module manufacturer JinkoSolar has published its financial results for the first quarter of 2024, which include over 21GW of shipments and total revenues of RMB23.04 billion (US$3.19 billion), a slight year-on-year (YoY) fall.

Solar developer Lightsource bp has secured €315.34 million (US$337.5 million) for a 560MWp solar PV project in Greece.

Enertrack talks about its expansion in the Middle East, the impact of the fall in module prices, and the future of the tracker industry.

SunPower will reduce workforce and close business segments as the latest steps to simplify business structure and lower costs.

Sungrow released its 2023 annual report and Q1 2024 report, which saw its market valuation surpass that of rival LONGi.

On 23 April, JinkoSolar released its 2023 annual performance report, posting PV module shipments of 78.52GW throughout the year.

Spanish utility Iberdrola posted increased profits and earnings before interest, taxes, depreciation and amortisation (EBITDA) in Q1 2024.

JinkoSolar has announced plans to supply engineering, procurement and construction (EPC) firm Nyox Srl with 100MW of its Tiger Neo modules.

Automotive manufacturer Stellantis has acquired a minority stake in Argentinian renewable energy company 360Energy Solar.