#Financialresults

European Energy delivers strong financial results

European Energy achieved robust performance in Q3, recording an EBITDA of over EUR 78M and a profit of EUR 59M. The gross pipeline expanded to 60 GW, marking an 11 GW increase in the last year. Notably, 1.7 GW of projects transitioned to the ready-to-build phase in 2023, while managed assets generated 1 TWh in…

Supply-Demand issues hinder Maxeon’s growth

In Q3 2023, Maxeonss shipments declined to 628 MW from 807 MW YoY, leading to a revenue drop from $275,449K to $227,630K, over same period. Q3 gross profit was $2,728K, significantly lower than $56,223K in Q2 2023. Looking to Q4 2023, the company anticipates shipments between 610 MW and 650 MW, with revenue projected at…

Sunrun Q3 earnings highlights

Sunrun’s Q3 2023 report reveals a $130 million increase in net earning assets, reaching $4.6 billion. They installed 258.2 MW of solar energy capacity, bringing the total networked capacity to 6.5 GW. Storage attachment rates surged to 33%. Net Subscriber Value stood at $11,030. Customer additions in Q3 reached 33,806, representing a 19% growth compared…