Americas

FTC Solar has published its financial results for the fourth quarter of 2023, which includes revenue of US$23.2 million.

Altus Power has published its financial results for 2023, which include full-year revenues of US$155.2 million, a 53% increase over 2022.

The American Clean Power Association (ACP) reports that the US added 33.8GW of new utility-scale renewable projects in 2023.

With SunPower shifting its focus to the US residential sector, there are genuine questions to be asked about the company’s prospects.

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.

PV Tech Premium spoke with the CCSA on utilities in California, Washington and Virginia slowing down the progress of community solar.

Solar developer Lightsource bp has secured a US$140 million tax equity deal with Barclays for a 180MW PV project in Louisiana.

US solar analyst Raptor Maps has found that asset underperformance and equipment issues cost the global solar sector US$4.6 billion in 2023.

Excelsior Energy Capital has sold a 38-project solar-plus-storage portfolio, with a combined capacity of 89MW, to BlackRock.

Longroad Energy has achieved financial close on a solar PV and battery storage project in Arizona, on which construction is already underway.