financial results

SunPower has posted a lowered customer growth for four quarters in a row and a net loss of US$247 million for FY2023.

Module-level power electronics supplier Tigo Energy expects its losses will continue in the first quarter of 2024, according to its latest financial result announcement.

Enphase Energy has published its financial results for the fourth quarter of 2023, which includes quarterly revenues of US$302.5 million.

GCL System Integration (GCL SI) has released preliminary results for its fiscal year ended in 2023 with revenue increasing between 85.6%-109% year-on-year as it continues ramping up its n-type module and solar cell capacity.

Brookfield Renewable has published its financial results for the quarter ended 31 December 2023, headlined by net profits of US$35 million.

US solar tracker manufacturer Nextracker has seen high deliveries in its US business with a 70% year-on-year increase in the third quarter of its fiscal year 2024, driving 38% quarterly revenue growth.

French renewables company Voltalia has seen a significant increase in its installed capacity, reaching a total of 2.37GW in 2023, up from 1.57GW in 2022.

Increased renewables capacity and higher earnings from international electricity generation have driven up German utility RWE's financial results for 2023.

Scatec posted record-high revenues and construction figures over 2023 which it said was facilitated by lower module and BESS prices.

Solar manufacturer JinkoSolar’s subsidiary, Jinko Solar, has released preliminary results for its fiscal year ended in 2023 with net income up between 146-170% year over year.