Array Tech to Acquire Solar Tracker Manufacturer STI Norland for $652 Million
Array Technologies, a U.S.-based solar tracking systems manufacturer, has signed an agreement to acquire Soluciones Técnicas Integrales Norland (STI Norland) for €570 million (~$652.16 million) in cash and stock. The ...
Tata Power’s Renewable Portfolio Grows 10%, Revenue Inches Up to 13% YoY in Q2 FY 2022
Tata Power has recorded a revenue of ₹95.02 billion (~$1.26 billion) in the second quarter (Q2) of the financial year (FY) 2022, a 13% growth from ₹84.28 billion (~$1.12 billion) ...
Torrent Power’s Revenue Jumps 17% YoY to ₹36.48 Billion in Q2 FY 2021
Gujarat-based power generator Torrent Power has recorded a revenue of ₹36.48 billion (~$487.55 million) in the second quarter (Q2) of the financial year (FY) 2022, a 17% year-over-year (YoY) growth from ...
Azure Power Logs 13% YoY Growth in Revenue in Q1 FY 2022
Independent solar power producer Azure Power posted a 13% year-over-year (YoY) rise in its revenue in the first quarter (Q1) of the financial year (FY) 2022, driven by projects commissioned after Q2 ...
Sterling and Wilson Solar’s Revenue Jumps 11.8% in Q1 FY 2022
Sterling and Wilson Solar, the solar engineering and construction arm of the Shapoorji Pallonji Group, has recorded a revenue of ₹11.95 billion (~$161.12 million) in the first quarter (Q1) of the ...
Torrent Power’s Revenue Inches Up To ₹31 Billion In Q1 FY 2022
Gujarat-based power generation company Torrent Power declared its financial results for the first quarter (Q1) of the financial year (FY) 2022 and recorded a 3.05% year-over-year (YoY) growth in its revenue from ...
Tata Power’s Solar EPC Business Drives Revenues Up in Q1 FY 2022
Tata Power declared its financial results for the first quarter (Q1) of the financial year (FY) 2022 and recorded a 47% growth in consolidated revenues to ₹98.31 billion (~$1.32 billion) compared ...
Adani Green’s Total Income Up by 23% YoY to ₹10.79 Billion in Q1 FY 2022
Renewable energy company Adani Green Energy Limited (AGEL) reported a total income of ₹10.79 billion (~$145.40 million) in the first quarter (Q1) of the financial year (FY) 2022, a 23% ...
Indian Energy Exchange’s Revenues Up by 20% YoY in FY 2021
The Indian Energy Exchange's (IEX) revenue in financial year (FY) 2021 was up by nearly 20% and stood at ₹3.56 billion (~$48.48 million) compared to ₹2.97 billion (~$40.45 million) in ...
Solar Tracking Company Array Technologies’ Net Profit Jumps 49% in 2020
Array Technologies, a U.S.-based solar tracking systems manufacturer, has reported a 49% increase in net profit with $59.07 million in 2020 from $39.74 million in 2019, despite a $9.77 million ...
Solar Module Manufacturer Websol Reports 21.3% Rise in Revenue in Q3 of FY 2021
The Kolkata-based solar cells and modules manufacturer, Websol Energy Systems, has announced the financial results for the third quarter (Q3) of the financial year 2021 (FY21). The company reported a ...
With New Solar Projects Commissioned, Azure Power’s Revenue Rises 29% in Q4 FY 2020
Azure Power has announced its consolidated results for the fourth quarter (Q4) of the financial year (FY) 2020. The company stated that its revenues stood at ₹3.67 billion (~$48.75 million), ...
