Companies

Clearway Energy has reported a net income of US$112 million at its renewable projects in the first nine months of the year.

EDF North America has signed an agreement with Solarcycle to recycle all damaged or broken solar modules from its solar installations.

US cadmium telluride (CdTe) thin-film module manufacturer First Solar has announced an agreement to supply utility-scale renewables developer Swift Current Energy with 500GW of thin film modules.

SolarEdge has posted a downturn in Q3 financial results, which it attributed to a “slow market environment, in particular in Europe”.

US domestic solar company SunPower has lowed its FY2023 guidance due to reduced consumer demand, delayed revenue recognition from longer cycle times, and a net loss of more than US$30 million in the third quarter this year.

Sunrun has published its financial results for the third quarter of this year, which include the installation of 258.2MW of new solar capacity.

Class action lawsuits have been filed against US domestic solar company SunPower, amidst allegations that company misled investors by failing to disclose that it had inaccurately reported the cost of revenue and inventory metrics.

Engie has purchase a portfolio of five solar projects in Brazil from Atlas Renewable Energy, with a combined capacity of 545MWac.

Soltec is aiming to double its US revenues between 2022 and 2025, and this work could be a blueprint for other European solar players.

Trina Solar has signed a module supply agreement with the Citicore Renewable Energy Corporation to supply 700MW of modules to the company.