customers

Shoals’ Q1 Net Income Jumps Five-fold to $14.3 Million on Strong Demand

Manufacturer of electrical balance of system components (EBOS) Shoals Technologies Group’s net income jumped over five-fold year-over-year (YoY) to $14.3 million in the...

May 11, 2023

Gourav Mishra

Other

Renewable Energy

SunPower’s Q1 Loss Widens to $51 Million on Higher Expenses

Distributed generation storage and energy services company SunPower Corporation’s net loss widened to $51 million for the first quarter (Q1) of the financial year (FY)...

May 4, 2023

Gourav Mishra

Energy Storage

Markets & Policy

Sunnova’s Q1 Net Loss Widens to $110 Million on Higher Expenses

U.S.-based residential solar firm Sunnova’s net loss widened to $110.3 million in the first quarter (Q1) of the financial year (FY) 2023 compared to the loss of $22...

April 28, 2023

Gourav Mishra

Finance and M&A

Solar

Sunrun Posts $63 Million Net Profit in Q4, Adds Over 275 MW Solar Capacity

Residential solar company Sunrun posted a $63 million net profit in the fourth quarter (Q4) of the financial year (FY) 2022, compared to a net loss of $38.5 million...

February 23, 2023

Gourav Mishra

SunPower’s Q4 Revenue Jumps 43% to $497 Million on Record New Customers

Distributed generation storage and energy services provider SunPower Corporation‘s revenue came in at $497.3 million for the fourth quarter (Q4) of 2022, a 43%...

February 20, 2023

Gourav Mishra

Energy Storage

Finance and M&A

Rising Purchase of Two-Wheelers Pushes India’s EV Sales Up by 20% in FY 2019-20

The sale of electric vehicles (EVs) in the country went up by 20% in 2019-20. The EV industry sold 156,000 electric vehicles in the financial year (FY) 2019-20. Out of...

April 22, 2020

Anjana Parikh

Electric Vehicles

Grid

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