PV balance of system (BOS) solutions provider Shoals Technologies benefited from improving solar market conditions during Q3 as it posted record quarterly revenue and raised its 2022 guidance.
Maxeon Solar Technologies has improved its results from the previous quarter, with Q3 2022 revenue up, driven by the European distributed generation (DG) business.
Array Technologies has posted strong financial results with Q3 revenue driven up by STI Norland’s acquisition and strong organic growth within its legacy business.
Residential solar installer SunPower increased its new customer addition record for a single quarter with 23,100 customers added in Q3 thanks to continued strong demand for rooftop PV.
Renewables asset owner Brookfield Renewable is planning to commission at least 10GW of clean energy projects in the next three years, leveraging its newly acquired US solar businesses.
JinkoSolar is on track to end the year with 70GW of solar module manufacturing capacity after posting better-than-expected results for the third quarter.
