financial results

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.

At the same time, the company said that US trade laws and tax credits had created some uncertainty in the solar project market.

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

This is the second acquisition in a little bit over a month for Nextracker after the acquisition of US-based solar foundation company Ojjo.

US firm Sunnova has reported reduced losses in the second quarter of 2024, with losses falling to US$79.7 million.

Wacker Polysilicon generated €232 million in sales from April through June 2024, down from €513 million in the same period 2023.

First Solar has highlighted the political and policy uncertainties in the US during its second quarter earning call.

Voltalia has expanded its clean energy portfolio by 15% in the second quarter of 2024, driving a 42% growth in turnover.

US energy company NextEra Energy posted adjusted earnings of US$1.968 billion in its Q2 2024 financial results, a roughly 9% increase compared with the same period in 2023.

In Q2 2024, Enphase Energy shipped 574,000 microinverters from its US facilities, which benefit from the 45X production tax credits.