financial

thumbnail
Daily News Wrap-Up: High Court Upholds Privatization of Chandigarh DISCOM

The Punjab and Haryana High Court has cleared the decks for the privatization of electricity services in the Union Territory of Chandigarh, maintaining that it is not...

November 14, 2024

/

Mercom Staff

/

Daily Wrap-up
thumbnail
Inventory Write-Downs of $1 Billion Widen SolarEdge’s Net Loss in Q3 FY 2025

Israel-based solar inverter manufacturer SolarEdge‘s net loss expanded by over 1877% year-over-year (YoY) to $1.21 billion in the third quarter (Q3) of...

thumbnail
Rising Construction Margin Drives 1,632% YoY Rise in Net Profit for Scatec

Norway-based renewable energy solutions provider Scatec reported a 1,632% year-over-year (YoY) rise in net profit to NOK1.65 billion (~$150.18 million) in the third...

thumbnail
Suzlon Energy’s Net Profit Rises 97% YoY in Q2 FY2025

Wind solutions provider Suzlon Energy’s net profit jumped year-over-year (YoY)  97.05% to ₹2.01 billion (~$23.90 million) in the second quarter (Q2) of the financial...

thumbnail
Inox Wind’s Q2 FY 2025 Financial Performance Best in Eight Years

Wind energy solutions provider Inox Wind (IWL) reported a profit of ₹900 million (~$10.7 million) in the second quarter (Q2) of the financial year (FY) 2024-25, up from...

thumbnail
Freight Charges and Bottlenecks Bring First Solar’s Net Sales Down by 7% in Q3 2021

First Solar, a U.S.-based manufacturer of solar modules, has released its financial results for the third quarter of 2021 (Q3 2021). The firm’s net sales in Q3 2021...

November 9, 2021

/

Arjun Joshi

/

Finance and M&A

,

Solar
thumbnail
Meyer Burger Reports a Net Loss of CHF 64.47 Million in 2020

Meyer Burger, a Switzerland-based engineering company, has unveiled its plans to enter the U.S. solar market, intending to start solar cell sales in the second half of...

March 15, 2021

/

Harsh Shukla

/

Finance and M&A

,

Solar
thumbnail
Distributed Solar Company Fourth Partner Enters JV With Indonesian Energy Company

Distributed solar company, Fourth Partner Energy, has announced a joint venture (JV) – Empat Mitra Indika Tenaga Surya – with Indonesia-based energy company Indika...

March 5, 2021

/

Nithin Thomas

/

Finance and M&A

,

Solar
thumbnail
Sterling and Wilson and Enel X Partner to Provide EV Charging Infrastructure

Sterling and Wilson, Mumbai-based engineering, procurement, and construction company, has signed a joint venture (JV) agreement with U.S.-based energy solutions...

February 28, 2021

/

Nithin Thomas

/

Electric Vehicles

,

Grid
thumbnail
Residential Solar Company Sunrun Installs Over 600 MW of Solar in 2020

U.S.-based residential solar, storage, and energy services provider Sunrun has announced that its total revenue in the fourth quarter of 2020 (Q4 2020) stood at $320.4...

February 26, 2021

/

Nithin Thomas

/

Finance and M&A

,

Solar
thumbnail
First Solar Reports 56% Year-Over-Year Slide in Net Sales in Q4 2020

U.S.-based solar module maker First Solar has announced that its net sales in the fourth quarter of 2020 (Q4 2020) stood at $609.2 million, down 56% from about $1.4...

February 26, 2021

/

Nithin Thomas

/

Finance and M&A

,

Solar
thumbnail
SolarEdge’s Revenue Inches Up in the Final Quarter of 2020

SolarEdge Technologies, an Israel-based solar inverter provider, announced that its revenue in the fourth quarter of the year ended December 31, 2020 (Q4 2020) was up 6%...

February 19, 2021

/

Nithin Thomas

/

Finance and M&A

,

Solar
thumbnail
Sterling and Wilson Solar’s Revenue Up 22% in Q3 FY 2021

Sterling and Wilson Solar’s (SWSL) revenue from operations stood at ₹13.11 billion (~$180.8 million) in the third quarter (Q3) of the financial year 2021 (FY 2021), up...

February 15, 2021

/

Nithin Thomas

/

Finance and M&A

,

Solar
thumbnail
Azure Power Posts 15.6% Rise in Revenue in Q3 FY 2021 Due to Higher Operational Capacity

Azure Power posted a 15.6% rise in its revenue in the third quarter (Q3) of the financial year 2021 (FY 2021) on the back of an increase in its operational capacity. The...

February 11, 2021

/

Nithin Thomas

/

Finance and M&A

,

Solar
thumbnail
REC Limited’s Net Profit Hits All-Time High in Q3 FY 2021

REC Limited has announced that it has registered a net profit of ₹22.6 billion (~$310.9 million) in the third quarter (Q3) of the financial year (FY) 2021, an increase...

February 9, 2021

/

Nithin Thomas

/

Finance and M&A

,

Other

1

2

3

...

3