ebitda

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Bloom Energy Records $357 Million in Q4 Revenue, a 22.8% YoY Decline

Fuel cell manufacturer Bloom Energy, in the fourth quarter (Q4) of 2023, recorded a revenue of $357 million, marking a 22.8% year-over-year (YoY) decline from $462.6...

February 19, 2024

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Gautamee Hazarika

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Energy Efficiency

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Markets & Policy
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Fluence Energy Reports Record Order Intake of $1.1 Billion in Q1 FY24

Energy storage technology and solutions provider Fluence Energy recorded a revenue of $364 million in the first quarter (Q1) of the fiscal year (FY) 2023-24, registering...

February 14, 2024

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Staff

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Energy Storage

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Market & Policy
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Fuel Cell Manufacturer Bloom Energy Reports 39% Surge in Q3 Revenues

Fuel cell manufacturer Bloom Energy announced that its total revenue at the end of the third quarter (Q3) of 2023 climbed to $400.3 million, registering a 39% increase...

November 10, 2023

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Staff

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Energy Efficiency

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Markets & Policy
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Ørsted Records a Loss of $78 Million in Q2 As Wind Projects Yield Less Revenue

Denmark-based renewable energy project developer Ørsted has reported a net loss of DKK 538 million (~$78.29 million) in the second quarter (Q2) of 2023, compared to a...

August 24, 2023

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Rakesh Ranjan

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Other

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Wind
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Lower Finance Costs Take ReNew’s Profit to ₹2.98 Billion Q1 FY24

Independent renewable power producer ReNew recorded a net profit of ₹2.98 billion (~$35.86 million) for the first quarter (Q1) of the financial year (FY) 2023-24, from a...

August 21, 2023

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Satish Shetty

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Finance and M&A

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Other

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Renewable Energy
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Increased Sales Push SMA Solar’s Net Income to $56 Million in Q2 2023

Germany-based solar energy equipment supplier SMA Solar Technology reported a net income of €51.79 million (~$56.46 million) in the second quarter (Q2) of 2023, a vast...

August 17, 2023

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Rakesh Ranjan

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Finance and M&A

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Solar
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Fuel Cell Maker Bloom Energy Narrows Loss by 44% YoY in Q2 2023

Solid oxide fuel cell manufacturer Bloom Energy has reported a loss of $66.1 million in the second quarter (Q2) of 2023, a 44% improvement from $118.8 million in Q2 2022....

August 4, 2023

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Rakesh Ranjan

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Finance and M&A

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Other
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IEX’s Profit for Q1 FY 2024 Up 10% YoY to ₹758 Million, Trades 25 BU

The Indian Energy Exchange (IEX) has reported a profit after tax of ₹758.2 million (~$9.2 million), an increase of 10% year-on-year (YoY) in the first quarter (Q1) of...

July 27, 2023

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Arjun Joshi

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Other

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Renewable Energy
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EPC Projects Drive Waaree’s Profit Up 12% YoY in Q1 FY 2024

Waaree Renewable Technologies, the solar engineering, procurement, and construction (EPC) arm of the Waaree Group, posted a net profit of ₹111 million (~$1.36 million)...

July 25, 2023

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Rakesh Ranjan

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Finance and M&A

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Solar
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REC Silicon’s Q1 Loss Widens to $34.4 Million on Slow Semiconductor Market

Norway-based polysilicon manufacturer REC Silicon‘s net loss widened to $34.4 million for the first quarter (Q1) of the financial year (FY) 2023 compared to the...

May 16, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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Iberdrola’s Q1 Profit Soars 40% to $1.6 Billion on Higher Demand in Europe

Spain-based independent power producer Iberdrola recorded a net profit of €1.5 billion (~$1.6 billion) for the first quarter (Q1) of the financial year (FY) 2023, an...

May 2, 2023

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Gautamee Hazarika

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Markets & Policy

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Other

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Renewable Energy
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Iron Flow Battery Maker ESS Tech’s Q4 Net Loss Narrows

Manufacturer of long-duration iron-flow batteries, ESS Tech, recorded a net loss of $25 million in the fourth quarter (Q4) of 2022, a year-on-year improvement of 86.12%...

March 3, 2023

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Gautamee Hazarika

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Energy Storage

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Finance and M&A
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Shoals Technologies Swings to $118 Million Profit in Q4 2022

Manufacturer of electrical balance of systems (EBOS) for solar, energy storage, and eMobility Shoals Technologies Group recorded a net profit of $118.3 million in the...

March 1, 2023

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Gautamee Hazarika

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Finance and M&A

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Solar
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Suzlon’s Q3 Profit Doubles to ₹780 Million on Lower Finance Cost

Indian wind turbine manufacturer Suzlon Energy posted a net profit of ₹780 million (~$9.4 million) during the third quarter (Q3) of the financial year (FY) 2023, an...

February 15, 2023

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Gautamee Hazarika

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Finance and M&A

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Wind
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Wind Developer Orsted Swings to $48.2 Million Loss in Q4 Due to Project Delays

Denmark-based wind developer Orsted swung into a loss of DKK 329 million (~$48.19 million) in the fourth quarter (Q4) of the financial year (FY) 2022, compared with a...

February 2, 2023

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Gautamee Hazarika

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Finance and M&A

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Wind

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