Markets & Finance

US tracker manufacturer FTC Solar has announced a 57.6% quarter-on-quarter increase in revenue in the first quarter of this year.

CSI Solar, the PV manufacturing subsidiary of Canadian Solar, has posted massively decreased profits in Q1 2025 amid what it described as “high trade barriers” and “severe supply-demand imbalances”.

The ESMC has called for a restriction of remote access to PV inverters in Europe from ‘high-risk’ manufacturers, mainly those in China.

April 2025 saw solar PV generation, both rooftop and utility-scale, decrease marginally month-on-month in Australia’s NEM by almost 11%.

Cadmium telluride (CdTe) thin-film solar manufacturer First Solar has issued revised guidance to reflect the expected impact of the implementation of new tariffs set by Donald Trump’s administration.

Stonepeak has acquired a 46.3% stake in Repsol’s 777MW solar and storage portfolio currently in operation in New Mexico and Texas.

Spanish energy utility giant Iberdrola has reported huge profits of over €2 billion in the first quarter of 2025.

Daqo New Energy has posted gross losses of US$81.5 million, and a gross margin of -65.8% in the first quarter of 2025.

Chinese solar manufacturing giant JinkoSolar posted net losses of US$181.7 million in the first quarter of 2025 amid low product prices and “changes in international trade policies.”

The recent domestic content regulations and trade policies have prompted caution in the US from suppliers for long-term projections, according to a report from Anza.