US distributed solar asset owner Spruce Power posted decreased revenues and EBITDA in Q4 2023, totalling US$15.7 million and US$9.9 million respectively.
The European Parliament has approved a law requiring member states to deploy solar installations on buildings and renovate them to improve their energy efficiency.
US residential solar provider SunPower has secured over US$300 million in project financing commitments for its residential solar and storage lease programmes.