Financial & Legal

SunPower will reduce workforce and close business segments as the latest steps to simplify business structure and lower costs.

A group of US-based solar manufacturers have filed an antidumping and countervailing duty (AD/CVD) petition to the US Department of Commerce (DOC) and International Trade Commission (ITC).

Spanish utility Iberdrola posted increased profits and earnings before interest, taxes, depreciation and amortisation (EBITDA) in Q1 2024.

US renewables developer NextEra Energy has posted an improved financial results for the first quarter of 2024, with net income increasing by 8.7%.

Spanish developer Matrix Renewables has secured €179 million (US$191 million) in financing for a 239MW Spanish solar PV portfolio.

Solar manufacturer Maxeon Solar Technologies has initiated a patent infringement lawsuit in the US against Korean-owned PV manufacturer Hanwha Qcells.

Low solar module prices kept solar PV competitive in the energy market in 2023 despite generally falling electricity prices.

Solar manufacturer Maxeon Solar Technologies has initiated a patent infringement lawsuit in the US against module manufacturer REC Solar Holdings.

Trina Solar has signed a master sales agreement with PetroGreen to provide 117MW of modules to the latter’s projects in the Philippines.

The monetary environment over the next couple of decades is expected to remain much tighter than the "zero era" between 2009 and 2022.