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”.
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.”
Spanish inverter manufacturer Ingeteam has secured a contract from Danish developer European Energy to supply its technology to two solar PV power plants in Australia, totalling an installed generation capacity of 137MW.