financial results

Major Chinese module manufacturer Trina Solar shipped more than 65GW of modules in 2023, growing its revenue by over 27% in 2022.

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.

Leading Chinese module manufacturer JinkoSolar has published its financial results for the first quarter of 2024, which include over 21GW of shipments and total revenues of RMB23.04 billion (US$3.19 billion), a slight year-on-year (YoY) fall.

The Ningbo Boway Alloy Materials Company has announced plans to expand its TOPCon cell manufacturing capacity in the US by 2GW.

Sungrow released its 2023 annual report and Q1 2024 report, which saw its market valuation surpass that of rival LONGi.

On 23 April, JinkoSolar released its 2023 annual performance report, posting PV module shipments of 78.52GW throughout the year.

Spanish utility Iberdrola posted increased profits and earnings before interest, taxes, depreciation and amortisation (EBITDA) in Q1 2024.

The accelerated ramp out of Maxeon 6 module capacity has resulted in higher than initially planned restructuring costs during the fourth quarter of 2023.

Voltalia has reported earnings before interest, taxation, depreciation and amortisation (EBITDA) of €241.1 million (US$259 million) in 2023.

Solar manufacturer JinkoSolar has ended 2023 with 78.5GW of solar modules shipped, up 76.4% year-over-year.