financial results

Spanish energy utility giant Iberdrola has reported huge profits of over €2 billion in the first quarter of 2025.

Daqo New Energy has posted gross losses of US$81.5 million, and a gross margin of -65.8% in the first quarter of 2025.

The latest polysilicon pricing report from the Silicon Industry Branch reveals a lukewarm spot market with modest price drops.

The recent tariffs on Chinese products, along with the now paused global tariffs from other countries, are expected to have a minimal impact on US-based microinverter manufacturer Enphase Energy.

Struggling solar manufacturer Meyer Burger has postponed its annual report by the end of May 2025 as it published preliminary losses for 2024.

FTC Solar has reported revenue of US$13.2 million in the fourth quarter of 2024, the highest quarterly figure reported in 2024.

JinkoSolar shipped a record 99.6GW of products in 2024, but its operations delivered losses for the first time in the last five years.

Canadian Solar has recorded a 1% quarter-on-quarter increase in revenues in the fourth quarter of 2024, while year-end profits have fallen.

SMA Solar posted preliminary net losses of €117.7 million (US$126 million) in 2024—down from €225.7 million in income last year.

Array Technologies expects that 100% of its trackers will be eligible for domestic content benefits n the first half of 2025.