renewables

According to BSW solar, questions about the mobilisation of storage and the appropriate assessment of required market premiums and maximum bid values for commercial PV investments were largely left out.

The solar projects are part of Repsol's plan to expand its business to international markets, as Italy offers great potential to strengthen its position in crucial European markets.

The Vietnamese government has approved a plan to develop renewable energy sources for electricity production, including building rooftop solar for residential and commercial premises.

Renewable energy developer MPC Energy Solutions has expanded its footprint in Latin America by entering the Panamanian market, taking a step forward to strengthen its portfolio in the region.

Solar project developer and asset owner Photon Energy Group has posted a decreased EBITDA although recording an all-time revenue for the first quarter of a year in Q1 2023.

US solar tracker system provider FTC Solar has narrowed its adjusted EBITDA loss to US$7.2 million for the first quarter in 2023.

Australia’s Federal Budget 2023-2024 included AU$4 billion (US$2.71 billion) new investment in the energy transition, and confirmation of tenders for renewables and energy storage.

PV balance of system (BOS) solutions provider Shoals Technologies posted an increased adjusted EBITDA in the first quarter of 2023, while the company expected yearly revenue of up to US$510 million. 

Indian renewable company Adani Green Energy Limited (AGEL) posted an improved EBITDA from power supply in the last financial year, while its operational capacity increased by 49% year-on-year, according to its latest financial results.

Solar module supplier Maxeon aims to turn the negative adjusted EBITDA around through investing in technology and increasing customer value, in addition to contiuning investing in talents, according to the company’s CEO Bill Mulligan and CTO Matt Dawson.