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Solaredge inverters shipments up again quarterly to 946MW

May 9, 2024
After a steep decline in inverter shipments in the last quarter of 2023, Solaredge has started the first quarter of 2024 with an increase to 946MW.
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Sunrun Q1 solar installations drop to 177MW, reduces 2024 solar addition targets

May 9, 2024
US residential solar and storage company Sunrun has narrowed its net loss for the first quarter of 2024, but its solar capacity additions continued to drop for four quarters in a row.
risen energy australia

Risen Energy posts 20.2% year-on-year increase in revenue in 2023

May 9, 2024
Risen Energy has published its financial results for 2023, led by revenues of RMB35.3 billion (US$4.9 billion), a 20.2% year-on-year increase.
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SMA Solar reports growth in large-scale inverter sales, decline in distributed inverter sales in Q1 2024

May 8, 2024
SMA Solar has published its financial results for the first quarter of the year, which include falling sales in the home and C&I sectors.
An Adani Group 780MWp solar PV project in the state of Tamil Nadu. Image: Adani Group

Adani Green Energy expands solar and renewables portfolios in 2024 financial year

May 8, 2024
Adani Green Energy has published its results for the 2024 financial year, which include a 33% growth in revenue from power generation.
A rooftop solar system in Connecticut. Image: Sunnova.

Sunnova Q1 customer additions decrease, to rely on ‘lease and PPA customers’ in 2024

May 3, 2024
Sunnova's new customer additions continued to drop in the first quarter in 2024, but its adjusted EBITDA increased by over 200%.
A PV production plant from First Solar. Image: First Solar.

First Solar breaks module production record with 3.6GW in Q1 2024

May 2, 2024
Of the total production volume, the company’s Series 6 modules accounted for 2.4GW, with the remaining production being the Series 7 modules. 
Image: GCL SI

GCL System Integration ships 16GW of solar modules in 2023

May 1, 2024
Chinese module manufacturer GCL System Integration Technology (GCL SI) has shipped 16.42GW of solar module capacity in 2023.
Trina Solar module assembly line

Trina Solar module shipments exceed 65GW in 2023

May 1, 2024
Major Chinese module manufacturer Trina Solar shipped more than 65GW of modules in 2023, growing its revenue by over 27% in 2022.
Daqo New Energy previously increased its annual polysilicon production guidance to 129,000 – 132,000MT. Image: Daqo New Energy.

Daqo Q1 net income drops 71%, expects ‘many market players’ to go bankrupt

April 30, 2024
Major Chinese polysilicon producer Daqo New Energy has posted a decreased financial results for the fist quarter of 2024 as the wafer sector faced pressure from accumulated inventories and negative margins.

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