Companies

US solar cell and module manufacturer Silfab Solar has completed a tax credit transfer deal with energy software company Schneider Electric.

Tigo Energy has published its financial results for the first quarter of 2024, which include revenues of US$9.8 million.

Nextracker's backlog has posted the financial results for Q4 2024 and FY 2024, with backlog increasing by more than 50%.

Canadian Solar's quarterly module shipment decreased by more than 20%, but it posted a net income of US$12.4 million in Q1 2024.

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.