Repsol's and Telefónica's Photovoltaics Still Do Not See the Light: It Loses 6 Million and Its Sales Fall 6%.

Solar360, the joint venture of Repsol and Telefónica, cut its losses to six million euros in 2024, compared to 6.98 million in the previous year. The photovoltaic company recorded a 6% drop in its revenues, weighed by the fall of the autoconsumption in Spain, although it was able to balance its net worth thanks to the million dollar contributions of the partners. The joint venture participated to 50% by the oil company that runs Josu Jon Imaz an…