US distributed solar asset owner Spruce Power posted decreased revenues and EBITDA in Q4 2023, totalling US$15.7 million and US$9.9 million respectively.
SJVN Green Energy, the subsidiary of Indian state-owned utility SJVN, has signed offtake agreements for 600MW of solar PV capacity with Rajasthan Urja Vikas and IT Services Limited (RUVITL).
Chinese solar manufacturing giant Canadian Solar shipped 30.7GW of solar modules and posted US$274 million in net income in 2023, both “record” figures for the company.
Continued growth in rooftop solar and “record-breaking” investment into utility-scale energy storage led renewable energy to fulfil almost 40% of Australia’s electricity supply in 2023.
