financial results

Solar manufacturer JinkoSolar has ended 2023 with 78.5GW of solar modules shipped, up 76.4% year-over-year.

FTC Solar has published its financial results for the fourth quarter of 2023, which includes revenue of US$23.2 million.

Altus Power has published its financial results for 2023, which include full-year revenues of US$155.2 million, a 53% increase over 2022.

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.

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.

SMA Solar sold 20.5GW of inverters in 2023, up from 12.2GW in 2022. EBITDA increased to €311 million in 2023 from €70 million in 2022.

US cadmium telluride (CdTe) thin-film module manufacturer First Solar has increased its manufacturing capacity in 2023 by 6.8GW, most of which from its Series 7.

Array Technologies has published its financial results for 2023, reporting total revenue of US$1.58 billion in the year.

US energy utility AES has posted an improved financial results for 2023 as it narrowed its yearly losses to US$182 million.

Sunrun has published its 2023 financial results, which include 1.01GW of new solar capacity installed across the company’s operations.