Companies

Solar accounted for 53% of all new electricity-generating capacity in 2023, making up over half of new generating capacity for the first time.

Chinese solar manufacturing giant LONGi has signed a long-term supply agreement with silicon metal mining and production company Ferroglobe PLC.

The construction bridge financing loan will finance the construction of 16 solar PV plants with a combined capacity of 114.7MW across Poland.

SMA Solar sold 20.5GW of inverters in 2023, up from 12.2GW in 2022. EBITDA increased to €311 million in 2023 from €70 million in 2022.

Better Energy has signed a PPA with Fujifilm Diosynth Biotechnologies to sell electricity generated at its 107MW solar project in Vedde.

Alantra Solar said a "significant percentage" of 40 solar PV plants will feature battery energy storage systems.

EDF Renewables has signed a PPA with SCPPA to sell some of the power generated from its upcoming 300MWac Bonanza solar-plus-storage project.

Major Chinese polysilicon producer Daqo New Energy saw both production and sales of polysilicon increase by around 50% in 2023 compared with 2022, whilst the dramatic drop in polysilicon prices slashed revenues from US$4.6 billion to US$2.3 billion over the same period.

US cadmium telluride (CdTe) thin-film module manufacturer First Solar has increased its manufacturing capacity in 2023 by 6.8GW, most of which from its Series 7.

Array Technologies has published its financial results for 2023, reporting total revenue of US$1.58 billion in the year.