Markets & Finance

Sungrow released its 2023 annual report and Q1 2024 report, which saw its market valuation surpass that of rival LONGi.

European countries’ expanded plans for solar PV deployments may be held up by a lack of grid infrastructure development, according to solar trade body SolarPower Europe (SPE).

On 23 April, JinkoSolar released its 2023 annual performance report, posting PV module shipments of 78.52GW throughout the year.

The European Parliament has approved a new regulation prohibiting the sale, import and export of goods made using forced labour.

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

Germany discussed the ‘Solarpaket I’ reforms to the country’s solar sector, with the Bundestag expecting to approve the laws this week.

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

Gujarat and Karnataka are well prepared to continue the electricity transition and have integrated renewables into their power sectors.

JinkoSolar has announced plans to supply engineering, procurement and construction (EPC) firm Nyox Srl with 100MW of its Tiger Neo modules.

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