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Canadian Solar lowers 2023 revenue guidance as solar module prices rapidly declined

August 23, 2023
Solar Module Super League (SMSL) member Canadian Solar has lowered its 2023 revenue guidance primarily due to rapid decline in solar module prices in Q2.
ReNew Power has a portfolio of more than 100 operational utility-scale PV and wind projects in India. Image: ReNew Power via Twitter.

ReNew posts net profits of US$36 million in the three months to June 2023

August 22, 2023
ReNew Energy Global has published results for the first quarter of its 2024 financial year, which include profits of US$36 million.
Meyer Burger reported 302W of new solar module production, but losses of US$49.4 million, in the first half of 2023. Credit: Meyer Burger

Meyer Burger reports strong production and sales, but US$49.4 million losses in H1 2023

August 18, 2023
Meyer Burger has published its financial results for H1 2023, reporting strong production figures, but losses of US$49.4 million
JinkoSolar's TOPCon panels will be used at the Ar Rass 2 and Al Kahfah projects. Image: Jinko Solar

JinkoSolar shipped 17.8GW of modules in Q2, continues n-type growth

August 14, 2023
Total module shipments were up 36.2%, from 13GW in Q1, and n-type shipments rose 74.1%, up from just under 6GW.
Maxeon’s module production plant in Mexico. Image: Maxeon Solar Technologies.

Maxeon to build 3GW cell and module manufacturing plant in Albuquerque

August 11, 2023
Solar module manufacturer Maxeon Solar Technologies has posted a slightly dropped financial performance as its adjusted EBITDA for the second quarter of 2023 decreased by 2.4% to US$30.2 million.
ArrayHero tracker.

Array Technologies reports revenue of US$507.7 million in Q2 2023

August 9, 2023
Array Technologies has published its financial results for the second quarter of this year, which include a revenue of US$507.7 million.
Image: Duke Energy

Brookfield Renewable to commission 18GW of renewables in next three years

August 7, 2023
Renewables asset owner Brookfield Renewable is planning to commission at least 18GW of clean energy projects in the next three years.
AES solar PV plant in Arizona

AES narrows Q2 net loss to US$19 million, on track to hit renewable ops targets

August 4, 2023
AES has posted net losses of US$19 million in Q2 2023, alongside a US$59 million loss EBITDA compared to Q1 2023.
Daqo_polysilicon_plant_2019

Plummeting polysilicon prices continue to slash Daqo New Energy’s revenue

August 4, 2023
The continued decrease in polysilicon prices has halved Daqo New Energy's revenues during the second quarter of 2023.
Rooftop solar panels.

Sunrun adds 297MW installed capacity in Q2, predicts up to 15% YoY growth

August 3, 2023
US solar installer Sunrun's installed solar capacity in the second quarter of 2023 increased by 23% quarter-on-quarter, while it also significantly improved its net income to US$55.5 million in Q2.

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