finance

Nextracker's backlog has posted the financial results for Q4 2024 and FY 2024, with backlog increasing by more than 50%.

FTC Solar has announced its financial results for the first quarter of 2024, which include revenue of US$12.6 million.

Canadian Solar's quarterly module shipment decreased by more than 20%, but it posted a net income of US$12.4 million in Q1 2024.

Demand for solar modules has dipped in Europe since February, and both installation rates and prices have fallen, according to data from solar trading platform sun.store.

US residential solar and storage company Sunrun has narrowed its net loss for the first quarter of 2024, but its solar capacity additions continued to drop for four quarters in a row.

Adani Green Energy has published its results for the 2024 financial year, which include a 33% growth in revenue from power generation.

JP Casey explores some of the latest trends shaping Africa's solar sector, where the C&I segment in particular is surging ahead.

Sunnova's new customer additions continued to drop in the first quarter in 2024, but its adjusted EBITDA increased by over 200%.

Of the total production volume, the company’s Series 6 modules accounted for 2.4GW, with the remaining production being the Series 7 modules. 

The first two solar PV projects from the sixth round of South Africa’s state renewable energy tender – representing 360MW capacity - have been approved and reached commercial close.