Companies

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.

The European Investment Bank (EIB) has signed a €150 million (US$159 million) loan to support the development of solar PV and hydropower plants in Bhutan.

Nova Clean Energy has acquired a Texas solar and wind portfolio from BNB Renewable Energy, which has a power generation capacity of 1GW.

Singaporean C&I renewables developer BECIS has secured US$50 million to expand business in Southeast Asia and India.

Dominion Energy has announced that it is seeking proposals for the acquisition of new solar, onshore wind and BESS projects in Virginia.