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.
First Solar CEO Mark Widmar has said that the US solar manufacturing industry “remains in a precarious position, despite the passage of the Inflation Reduction Act (IRA)”.
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.
Engie Brasil Energia has finalised its acquisition of a 545MWac Brazilian solar PV portfolio from Miami-headquartered renewables developer Atlas Renewable Energy.
Solar PV deployments increased by 85% year-on-year in 2023, more than any other renewable technology in a year which saw clean energy deployments curb the rise in carbon emissions.