Spanish solar power producer Solaria Energia y Medio Ambiente SA (<a href="https://www.bolsasymercados.es/bme-exchange/es/Mercados-y-Cotizaciones/Acciones/Mercado-Continuo/Ficha/Solaria-Energia-Y-Medio-Ambiente-ES0165386014" target="_blank">BME:SLR</a>) closed the first quarter of 2024 with a net profit of EUR 23.6 million (USD 25.7m), down by 5% year-on-year, despite generating solid revenues in the context of declining power prices.