Solar module supplier Maxeon aims to turn the negative adjusted EBITDA around through investing in technology and increasing customer value, in addition to contiuning investing in talents, according to the company’s CEO Bill Mulligan and CTO Matt Dawson.
Israeli solar inverter manufacturer SolarEdge posted strong Q1 2023 financial results with record revenues and shipments, building on a less profitable 4th quarter.
According to the company’s financial results for last year, 2022 was the first time that LONGi’s yearly revenue surpassed RMB100 billion (US$14.4 billion).
Independent power producer (IPP) Scatec has posted strong results in the first quarter of the year driven by strong operational and financial performance.
PV module manufacturer Meyer Burger has signed a four-year agreement to supply modules to Ingka Investments, the investment arm of Ingka Group and the largest franchisee of IKEA.
An increase in strategic, self-generating renewable energy ‘prosumers’ in the energy market has the potential to lead to ‘death spirals’ for utilities, according to research from the Tokyo University of Science.
US renewables developer EE North America has acquired a majority stake in two Colorado solar PV projects with a combined capacity of 700MW, adding to the company’s now 2.5GW-strong US development pipeline.