Wind Turbine Manufacturer Suzlon’s Profit Soars to ₹564 Million in Q2 FY23

Wind Turbine Manufacturer Suzlon’s Profit Soars to ₹564 Million in Q2 FY23

Indian wind turbine manufacturer Suzlon Energy posted a net profit of ₹564.7 million (~$6.95 million) during the second quarter (Q2) of the financial year (FY) 2023, an increase of 555% ...
Jinko Solar Ships Over 100 GW of Modules in Q2 2022

Jinko Solar Ships Over 10 GW of Modules in Q2 2022

Jinko Solar, the Chinese solar cell and module manufacturer, has recorded a revenue of RMB18.84 billion (~$2.81 billion) in the second quarter (Q2) of the calendar year 2022, up 27.6% quarter-over-quarter ...
/ / Markets & Policy, Solar
REC Silicon’s Revenue Up by 26% YoY With $45 Million in Q2 2022

REC Silicon’s Revenue Up by 26% YoY With $45 Million in Q2 2022

REC Silicon, a leading producer of advanced silicon materials, posted a revenue of $45 million in the second quarter (Q2) of the calendar year (CY) 2022, up 20% from $34.6 ...
/ / Other, Renewable Energy
Solar Glass Manufacturer Borosil Renewables' Revenue Up by 25% YoY in Q1 FY 2023

Solar Glass Manufacturer Borosil Renewables’ Revenue Up by 25% YoY in Q1 FY 2023

India-based solar glass manufacturer Borosil Renewables has announced the financial results for the first quarter (Q1) of the financial year (FY) 2023. The company reported revenue of ₹1.69 billion (~$21.31 ...
/ / Finance and M&A, Solar
Solar Tracker Provider Array Technologies' Revenue Up by 63% in 1H 2022

Solar Tracker Provider Array Technologies’ Revenue Up by 63% in 1H 2022

U.S.-based solar tracking systems provider Array Technologies has announced the financial results for the first half (1H) and the second quarter (Q2) of the calendar year (CY) 2022. The company ...
/ / Finance and M&A, Solar
ReNew Power’s Total Revenue Up 26% YoY in 9M FY 2022

ReNew Power’s Total Revenue Up 26% YoY in 9M FY 2022

Independent power producer ReNew Power has announced the results for the third quarter (Q3) of the fiscal year (FY) 2022, and the nine months ended December 31, 2021. The company ...
/ / Finance and M&A, Solar
Energy Storage Company Fluence Reports 50% Rise in Revenue Q1 FY 2022

Energy Storage Company Fluence Reports 50% Rise in Revenue Q1 FY 2022

Fluence, a provider of energy storage products and services, has announced the results for the first quarter (Q1) of the fiscal year (FY) 2022. The company reported total revenue of ...
In a Turnaround, Suzlon Posts ₹370 million Net Profit in Q3 FY 2022

In a Turnaround, Suzlon Posts ₹370 Million Net Profit in Q3 FY 2022

Pune-based renewable energy solutions provider Suzlon Energy Limited has reported a turnaround with a net profit after tax of ₹370 million (~$4.93 million) in the third quarter (Q3) of the ...
/ / Finance and M&A, Wind
Carbon Credits Supplier EKI Energy Posts Revenue of ₹13.25 Billion in 9M FY 2022

Carbon Credits Supplier EKI Energy Posts Revenue of ₹13.25 Billion in 9M FY 2022

EKI Energy Sevices, a supplier of carbon credits, announced its results for the nine months (9M) and the third quarter (Q3) ending December 31 for the financial year (FY) 2021-22 ...
/ / Other, Other Energy
SunPower Logs Revenue of $306.4 Million in Q1 2021

SunPower Logs Revenue of $306.4 Million in Q1 2021

Distributed generation storage and energy services provider SunPower Corporation announced the financial results for its first quarter ended April 4, 2021. The company posted a generally accepted accounting (GAAP) revenue of $306.4 ...
/ / Other, Renewable Energy
Higher Execution of Solar EPC Projects Pushes Tata Power’s Revenues Up 14% YoY

Higher Execution of Solar EPC Projects Pushes Tata Power’s Revenues Up 14% YoY

Tata Power declared its financial results for FY 2021 and recorded a 14% growth in consolidated revenues at ₹330.79 billion (~$4.49 billion) compared to ₹ 289 billion (~$3.9 billion) in ...
/ / Other, Renewable Energy
Adani Green Posts 31% Revenue Growth YoY in Q3 FY 2021 as Solar Sales, Capacity Soar

Adani Green Posts 31% Revenue Growth YoY in Q3 FY 2021 as Solar Sales, Capacity Soar

Adani Green Energy Limited (AGEL) reported a 61% rise in total income in Q3 2021 compared to the same quarter the previous year. During the quarter, AGEL earned ₹8.43 billion ...
Suzlon Group’s Net Loss was ₹3.37 Billion in the First Quarter of FY 2020

Suzlon Group’s Net Loss was ₹3.37 Billion in the First Quarter of FY 2020

Suzlon Group, a renewable energy solutions provider, headquartered in Pune, has announced its financial results for the first quarter (Q1) of the fiscal year 2019-20 (FY20). The revenue of the ...
/ / Finance and M&A, Other
New Solar Projects Drive Azure Power’s Revenue Up by 22% to $30.7 Million in Q2 2019

Solar Developer Azure Power’s Revenue Increases by 40% to $35 Million in Q3 of FY2019

Azure Power (NYSE: AZRE) has announced its consolidated results for the third quarter ending December 31, 2018. The total revenue in the third quarter of FY19 stood at ₹2.430.8 million ...
/ / Markets & Policy, Solar
Tata Power’s Renewables Business Profit Jumps to ₹720 million in Q3 FY2018

Tata Power’s Renewable Energy Business Witnesses an Uptick of 9% YoY in Q3 FY19

Tata Power has reported a consolidated profit after tax (PAT) of ₹2,050 million (~$28.9 million) in the third quarter of FY 2018-19. When compared to the consolidated PAT in Q3 2017-18, ...
/ / Markets & Policy, Solar
SECI Tenders 2 GW of ISTS-Connected Wind Projects

Suzlon Registers a Net Loss of ₹2.8 Billion in Second Quarter of FY19

Suzlon, a leading wind turbine manufacturer and renewable energy project developer, has reported a net loss of ₹2.8 billion (~$38.86 million) in the second quarter of FY19. In the first quarter of ...
/ / Other, Wind
New Solar Projects Drive Azure Power’s Revenue Up by 22% to $30.7 Million in Q2 2019

New Solar Projects Drive Azure Power’s Revenue Up by 22% to $30.7 Million in Q2 2019

Azure Power (NYSE: AZRE), an independent solar power producer, has announced its consolidated results for the second quarter ending September 30, 2018. Total revenue in the second quarter of FY19 ...
/ / Markets & Policy, Solar
Renewables Help Tata Power Increase Its Consolidated Profit After Tax by 85% in Q2 FY19

Renewables Help Tata Power Increase Its Consolidated Profit After Tax by 85% in Q2 FY19

Tata Power’s Q2 FY19 consolidated profit after tax (PAT) was up 85 percent at ₹3.93 billion (~$53.53 million) as compared to ₹2.13 billion (~$29.01 million) in the previous year. Standalone ...
/ / Markets & Policy, Solar
USTDA Funds Feasibility Study to Assess Viability of a 100 MW Solar Project in Mozambique

Buoyed by Expansive Solar Portfolio, Adani Green’s Revenue Up by 148 percent in Q1 FY19

Adani Green Energy Limited, a leading renewable energy project developer in the country, has announced its consolidated results for the first quarter for FY 2019, ending June 30, 2018. Total ...
/ / Markets & Policy, Solar
Azure Power’s Revenue Up 29% to $35.4 Million in Q1 2019

Azure Power’s Revenue Up 29% to $35.4 Million in Q1 2019

Azure Power (NYSE: AZRE), an independent solar power producer, has announced its consolidated results for the first quarter ending June 30, 2018. Total revenue in the first quarter of FY19 ...
/ / Markets & Policy, Solar
Suzlon Registers ₹5.75 Billion Net Loss in First Quarter of FY19

Suzlon Registers ₹5.75 Billion Net Loss in First Quarter of FY19

Suzlon, a leading wind turbine manufacturer and renewable energy project developer, has reported a net loss of ₹5.75 billion (~$83.67million) in the first quarter of FY19, ending June. In the same quarter ...
/ / Other, Wind
Helped by Higher Renewable Generation, Tata Power’s Revenues up 16% in Q1 of FY 2018-19

Helped by Higher Renewable Generation, Tata Power’s Revenues up 16% in Q1 of FY 2018-19

Tata Power’s Q1 FY19 revenue was up 16 percent at ₹71.39 billion (~$1.04 billion) compared to ₹61.66 billion (~$0.09 billion) Q1 FY18. Standalone revenue stood at ₹18.44 billion (~$0.27 billion) ...
/ / Other, Renewable Energy
Azure Power Reports Revenue of $118.3 Million in Fiscal Year 2018

Azure Power Reports Revenue of $118.3 Million in Fiscal Year 2018

Azure Power (NYSE: AZRE), an independent solar power producer, has announced its consolidated financial results for the fourth quarter and fiscal year ending March 31, 2018. Total revenue during its ...
Suzlon Generates Revenues of ₹82.92 Billion, Net Loss of ₹3.84 Billion During FY 2018

Suzlon Generates Revenue of ₹82.92 Billion, Net Loss of ₹3.84 Billion During FY 2018

Domestic renewable energy project developer Suzlon has declared its annual financial results for the financial year (FY) of 2018.  It also announced that it commissioned 626 MW of wind power ...
Renewables a Significant Contributor to Tata Power’s Annual Profit of ₹26.79B for FY 2017-18

Renewables a Significant Contributor to Tata Power’s Annual Profit of ₹26.79B for FY 2017-18

Tata Power’s annual consolidated profit after tax (PAT) stood at ₹26.79 billion (~$401.48 million), up 144 percent when compared with the previous year, the company announced recently. Tata Power’s underlying ...