Companies

US residential solar and storage company Sunrun has narrowed its net loss for the first quarter of 2024, but its solar capacity additions continued to drop for four quarters in a row.

Adani Green Energy has published its results for the 2024 financial year, which include a 33% growth in revenue from power generation.

Of the total production volume, the company’s Series 6 modules accounted for 2.4GW, with the remaining production being the Series 7 modules. 

First Solar will supply 170MW of Series 6 Plus bifacial modules and 287MW of Series 7 modules to MN8's projects in the US.

Under the agreement, First Solar will supply its Series 6 Plus bifacial thin-film PV modules to the St. Louis-based company. 

Major Chinese module manufacturer Trina Solar shipped more than 65GW of modules in 2023, growing its revenue by over 27% in 2022.

The company's CEO Detlef Neuhaus said operating production in Germany was extremely difficult economically.

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.