Canadian Solar reports higher storage sales and steady module shipments
The fourth quarter of 2024 saw Canadian Solar report $1.5B in revenue, 8.2 GW in module shipments, and a gross margin of 14.3% driven by storage and project sales.
The fourth quarter of 2024 saw Canadian Solar report $1.5B in revenue, 8.2 GW in module shipments, and a gross margin of 14.3% driven by storage and project sales.
For FY 2024, First Solar has reported a 26.7% revenue growth and provided financial guidance for 2025, forecasting continued revenue increase and strong profitability.
For Q4 2024, Sunrun reported $518.5 million in revenue, a 21% increase in customer agreements, and a 12% growth in its customer base year-over-year.
REC Silicon’s Q4 2024 results show $29.7 million in revenue, a $5.3 million EBITDA loss, and a production halt at Moses Lake for cost control.