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Home » Finance » Nordic Solar A/S Adjusts Forecast and Unveils Strategic Shift Amid Q3 Profit Decline
Finance

Nordic Solar A/S Adjusts Forecast and Unveils Strategic Shift Amid Q3 Profit Decline

By Teri WrightNovember 30, 20232 Mins Read
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Credit: Nordic Solar
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Danish solar company Nordic Solar A/S reported a Q3 performance dip, with a 50.5% year-on-year decline in net profit, primarily attributed to significantly lower electricity prices. Despite an uptick in operational capacity and increased power production, the impact of reduced electricity prices from the previous year's highs took a toll, according to Nordic Solar. As

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