Nordic Solar’s operational portfolio expands by 20%

Nordic Solar reported Q3 2023 results with revenue at EUR 21.2 million and a net profit of EUR 5.1 million, both down from Q3 2022.The revenue secured by PPAs, feed-in tariffs, and government subsidies increased to 66.8%. The total portfolio increased by 7% to 1,915 MW, and operational portfolio capacity grew by 20% to 390 MW, resulting in a 14% rise in production to 165 GWh.