financial results

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.

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.

Adani Green Energy has published its results for the 2024 financial year, which include a 33% growth in revenue from power generation.

Sunnova's new customer additions continued to drop in the first quarter in 2024, but its adjusted EBITDA increased by over 200%.

Of the total production volume, the company’s Series 6 modules accounted for 2.4GW, with the remaining production being the Series 7 modules. 

Chinese module manufacturer GCL System Integration Technology (GCL SI) has shipped 16.42GW of solar module capacity in 2023.

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.