forecasts

FTC Solar has announced its financial results for the first quarter of 2024, which include revenue of US$12.6 million.

Tigo Energy uses its ‘Predict+’ model to forecast electricity generation, as the growth in distributed energy creates a data deluge.

David Lee, the chairman and CEO of JinkoSolar has said he remains “bullish” in the face of a looming industry downturn.

The Business Council for Sustainable Energy (BCSE) has reported that the US installed a record of 35.3GW of new solar capacity in 2023.

Provisional figures show that 2023 set a new and massive record for utility-scale solar, doubling the previous best.

The US Energy Information Administration (EIA) expects the contribution of solar power to the US’ energy mix to exceed that of hydropower.

A SolarPower Europe report has found that the sector’s workforce grew from around 466,000 to over 648,000 jobs between 2021 and 2022.

BSW forecasts a “double-digit percentage” growth in Germany's demand for solar power systems by the end of the year.

Installed solar PV capacity globally will grow 20-fold by 2050, when the technology will represent 38% of all electricity production, according to a new DNV report.

Swiss PV module manufacturer Meyer Burger has slashed its production plans for 2022 and 2023, citing a “challenging supply chain environment” which has caused delays to its planned production capacity build out.