financial results

Soltec has published its financial results for the first half of the year, in which the company posted revenues of €184.5 million.

Module manufacturing major Risen Energy has posted strong revenue for the first half of the year, with RMB17.6 billion (US$2.4 billion).

JA Solar has published its financial results for the first half of 2023, which include shipments of 23.95GW of modules.

Trina Solar has published its results for H1 2023, reporting revenues of US$7.13 billion and shipments of 27GW of its 210mm Vertex modules.

Chinese solar manufacturer Tongwei has planned to invest RMB20 billion (US$2.7 billion) in its Leshan project, in the Chinese province of Sichuan, to expand ingot pulling, slicing and cell production capacity, so as to accelerate the establishment of “China’s Green Silicon Valley”.

Solar Module Super League (SMSL) member Canadian Solar has lowered its 2023 revenue guidance primarily due to rapid decline in solar module prices in Q2.

ReNew Energy Global has published results for the first quarter of its 2024 financial year, which include profits of US$36 million.

Meyer Burger has published its financial results for H1 2023, reporting strong production figures, but losses of US$49.4 million

Total module shipments were up 36.2%, from 13GW in Q1, and n-type shipments rose 74.1%, up from just under 6GW.

Solar module manufacturer Maxeon Solar Technologies has posted a slightly dropped financial performance as its adjusted EBITDA for the second quarter of 2023 decreased by 2.4% to US$30.2 million.