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.
US independent power producer (IPP) Enfinity Global has secured €25 million (US$27 million) in assetco financing towards the construction of a 134MW solar PV project portfolio in Italy.
Recurrent Energy, the project development subsidiary of Chinese solar manufacturer Canadian Solar, has closed financing for the 119MW Horus Solar project in the region of Aguascalientes, Mexico.
Major Chinese polysilicon producer Daqo New Energy saw both production and sales of polysilicon increase by around 50% in 2023 compared with 2022, whilst the dramatic drop in polysilicon prices slashed revenues from US$4.6 billion to US$2.3 billion over the same period.
