financial results

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.

German chemical group Wacker Chemie has posted the financial results of 2023 with its polysilicon business falling by 61% due production-related reasons.

NextEra Energy Partners has announced its financial results for the fourth quarter of 2023, which includes net income of US$112 million.

Challenges such as operational difficulties and macroeconomic headwinds cause ADT to quit the residential solar business.

Emeren has published its financial results for the third quarter of the year, posting a revenue of US$13.9 million.

Solar manufacturer Maxeon Solar Technologies will lay off about 22% of its global workforce as it decided to entirely phase out its Maxeon 6 interdigitated back contact (IBC) modules as well as other operational realignment.

Canadian Solar's total module shipments in Q3 this year increased by 39% to 8.3GW year-on-year, and 1% quarter-on-quarter.

Solar project developer and asset owner Photon Energy Group has posted reduced revenues and EBITDA in its  financial results for the first nine months of 2023, which the company attributed to “lower realised electricity prices and a slow-down in PV components trading”.