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financial results

A Toyo Solar manufacturing facility.

Toyo Solar to build 2GW US module manufacturing plant, announces strong financial results

September 4, 2024
Toyo Solar has announced plans to build a 2GW module manufacturing plant in the US, which it plans to commission next year.
A Sunpower project.

Maxeon reports losses of US$7.8 million as CBP detains Mexican module imports to the US

September 3, 2024
Maxeon has published losses of US$7.8 million, alongside falling module shipments, in its financial results covering Q2 2024.
A Trina Solar manufacturing facility.

Trina Solar posts record 34GW module shipments in H1 2024, while revenues fall

September 3, 2024
Trina Solar has published its results for the first half of 2024, which include module shipments of 34GW and total revenue of US$6.05 billion.
jinkosolar

JinkoSolar shipments rise in Q2 2024, revenues steady thanks to ‘irrational pricing’

August 30, 2024
Major Chinese solar manufacturer JinkoSolar has posted increased sequential shipments and revenues in its Q2 2024 results.
Daqo_polysilicon_plant_2019

Daqo sells polysilicon at lower price than production cost in Q2 2024

August 27, 2024
Daqo New Energy's polysilicon average selling price dropped from US$7.66/kg in Q1 2024 to US$5.12/kg in Q2 2024, while its average production cost sat at US$6.19/kg.
The Low Carbon modules achieve a carbon footprint of just 285kg CO₂eq/kW, among the lowest for silicon-based panels globally. Image: Canadian Solar

Canadian Solar shipments and revenues increase in Q2 2024 amid low module prices

August 22, 2024
Net revenues for the quarter (for both CSI Solar and Recurrent Energy, the manufacturing and project development businesses) were US$1.6 billion, a 23% increase from US$1.3 billion in Q1.
An Emeren solar project.

Emeren reports 106% revenue growth in Q2 2024

August 21, 2024
Emeren has announced its financial results for the second quarter of this year, which include revenue of US$30.1 million.
SMA Solar factory in Germany.

SMA Solar reports ‘solid’ H1 2024 results, led by Americas and utility-scale businesses

August 13, 2024
SMA Solar has published its latest financial results, reporting sales of €759.3 million (US$829.4 million) in the first half of the year.
Close view of solar tracker manufacturer Array Technologies' new wireless tracker system called SkyLink

Array Technologies posts increased revenue and earnings in Q2 2024

August 9, 2024
At the same time, the company said that US trade laws and tax credits had created some uncertainty in the solar project market.
“We’ve always focused on innovation, but historically that’s been more on the hardware side, but now we’re also looking at the software side,” said Christelle Barnes. Image: SolarEdge.

SolarEdge Q2 revenue on the rise as inverter shipments drop quarterly

August 8, 2024
Israel-headquartered solar inverter supplier SolarEdge has reported a quarterly decline in shipments in the second quarter of 2024 with 873MW.

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