finance

Donald Trump's announcement of "reciprocal" tariffs has triggered falls in the stock prices of major Chinese solar PV manufacturers.

Sunnova has received a notice of non-compliance from the New York Stock Exchange requiring it to raise its stock price to a minimum of US$1.

President Trump's tariffs could simultaneously hamper US renewables manufacturing and make imported products more expensive, PV Tech heard.

Sunnova has appointed a new interim chief financial officer as it continues to repair damage done to its finances.

Brazilian mining giant Vale has sold a 70% stake in a renewable power portfolio in the country, generating around US$1 billion in cash.

US data and technology giant Meta has signed a renewable energy purchase agreement (REPA) for a 150MWp floating solar project in Singapore.

FTC Solar has reported revenue of US$13.2 million in the fourth quarter of 2024, the highest quarterly figure reported in 2024.

As solar projects become more complex, Typical Meteorological Year data is holding the industry back, according to Solargis' Marcel Suri.

JinkoSolar shipped a record 99.6GW of products in 2024, but its operations delivered losses for the first time in the last five years.

Speakers at LSSEU in Lisbon said that underperformance is a "massive" problem in the PV industry, which can be solved with "good data".