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.
Nordic Solar’s operational portfolio expands by 20%
Nordic Solar revises year-end revenue forecast to EUR 57-63 million, down from EUR 57-67 million. Illustration from Nordic Solar.
Scatec retains 13% and 12% stakes in Kalkbult, Linde, and Dreunberg solar plants after the sale to STANLIB. (Image Source: Scatec)
The financing partnership between RIC Energy and Rosemawr will fund interconnection deposits for up to 450 MW of renewable projects in NY. (Image Source: RIC Energy)
The ITC investigation focuses on alleged violations of Trinasolar’s Tunnel Oxide Passivated Contact (TOPCon) solar cell technology patents. (Image Source: Trinasolar)
CTP’s RCF includes KPIs for solar PV roll-out, Green Leases, and “A” grade EPC certifications. (Image Source: AI Generated)