Residential solar installer SunPower has invested in its California sales and marketing division to ensure that as many customers can apply for favourable net energy metering (NEM) 2.0 rates.
Israel-headquartered smart energy technology company SolarEdge's yearly net income in 2022 dropped by 45%, despite the total revenue increasing by 58% year-on-year.
Microinverter supplier Enphase Energy plans to add a quarterly capacity of 4.5 million microinverters in 2023 and reach ten million by the end of the year.
Norwegian distributed solar marketplace Otovo has secured €120 million (US$130 million) in debt and equity financing to expand its residential solar portfolio across Europe.
German chemical group Wacker Chemie posted new sales and earnings records in 2022 as the polysilicon division benefited from strong demand and higher prices.
Canadian Solar expects to start shipping the first TOPCon products early next year and will focus on the technology in the future with all new cell capacity.
Indian independent power producer (IPP) ReNew Power has signed an agreement with the government of Egypt to set up a green hydrogen plant that will require an investment of US$8 billion.