Fuel Cell Manufacturer Bloom Energy Records Net Loss of $118 Million in Q2 2022

Fuel Cell Manufacturer Bloom Energy Records Net Loss of $118 Million in Q2 2022

Bloom Energy, a U.S.-based solid oxide fuel cells manufacturer, recorded total revenue of $243.24 million in the second quarter (Q2) 2022, a 6.4% year-over-year (YoY) growth compared to $228.47 million ...
/ / Other, Renewable Energy
Supply Chain Woes Hit Siemens Gamesa’s Wind Turbine Manufacturing, Revenue Dips

Supply Chain Woes Hit Siemens Gamesa’s Wind Turbine Manufacturing, Revenue Dips

Spain-based wind turbine manufacturer Siemens Gamesa reported a net loss of €446 million (~$453 million) in the third quarter (Q3) of the fiscal year (October to September), a year-over-year (YoY) ...
/ / Wind
Adani Green Registers a 57% YoY Rise in Revenue in Q1 FY2023

Adani Green Registers a 57% YoY Rise in Revenue in Q1 FY2023

Renewable energy company Adani Green Energy (AGEL) has generated revenue of ₹13.28 billion (~$168.72 million) from the sale of energy in the first quarter (Q1) of the financial year (FY) ...
/ / Other, Renewable Energy
NTPC’s Net Profit Jumps 16% YoY to ₹39.77 Billion in Q1 FY 2023

NTPC’s Net Profit Jumps 16% YoY to ₹39.77 Billion in Q1 FY 2023

NTPC recorded a total income of ₹436 billion (~$5.54 billion) in the first quarter (Q1) of the financial year (FY) 2023, a year-over-year (YoY) increase of 4.34% from ₹304 billion ...
/ / Other, Renewable Energy
First Solar Records a 99% QoQ Growth in Revenue in Q2 2022

First Solar Records a 99% QoQ Growth in Revenue in Q2 2022

U.S.-based solar modules manufacturer First Solar has recorded a net income of $55.8 million in the second quarter (Q2) of 2022, representing a quarter-over-quarter (QoQ)  increase of 99% compared to ...
/ / Other, Renewable Energy
Tata Power's Revenue from Renewables Business Up 48% YoY in Q1 FY23

Tata Power’s Revenue from Renewables Business Up 31% YoY in Q1 FY23

Tata Power has recorded consolidated revenues of ₹147.53 billion (~$1.84 billion) in the first quarter (Q1) of the financial year (FY) 2023, a 48% year-over-year (YoY) growth compared to ₹99.74 ...
/ / Finance and M&A, Other
IEX Reports 11% YoY Increase in Profit for Q1 FY23, Trades 22.2 BU of Power

IEX Reports 11% YoY Increase in Profit for Q1 FY23, Trades 22.2 BU of Power

The Indian Energy Exchange (IEX) has reported an 11.3% year-on-year (YoY) increase in profit after tax from ₹621 million (~$7.78 million) to ₹691 million (~$8.66 million) in the first quarter ...
/ / Other, Renewable Energy
JSW Energy’s Revenue Increased by 68% YoY to ₹31.15 Billion in Q1 FY 2023

JSW Energy’s Revenue Increased by 68% YoY to ₹31.15 Billion in Q1 FY 2023

JSW Energy registered revenue of ₹31.15 billion (~$389.62 million) in the first quarter (Q1) of the financial year (FY) 2023, an increase of 68% year-over-year (YoY) over ₹18.6 billion (~$232.65 ...
ReNew Power’s Revenue Up 27% YoY in FY 2022, Renewable Portfolio Grows by 1.7 GW

ReNew Power’s Revenue Up 27% YoY in FY 2022, Renewable Portfolio Grows by 1.7 GW

Independent power producer ReNew Power has announced the results for the fourth quarter (Q4) of the fiscal year (FY) 2022 and the fiscal year ended March 31, 2022. The company ...
/ / Uncategorized
Battery Company Solid Power Reports 358% YoY Increase in Revenue in Q1 2022

Battery Company Solid Power Reports 358% YoY Increase in Revenue in Q1 2022

Solid Power, an all-solid-state rechargeable battery cells manufacturer, reported a revenue of $2.2 million in the first quarter (Q1) 2022, a 358% year-over-year (YoY) increase compared to $480,000 in Q1 ...
Residential Solar Firm Sunrun’s Total Revenue Surges 48% YoY in Q1 2022

Residential Solar Firm Sunrun’s Total Revenue Surges 48% YoY in Q1 2022

Sunrun, a U.S.-based residential solar, battery storage, and energy services company, announced financial results for the first quarter (Q1) of the calendar year (CY) 2022. The company’s total revenue in ...
Plug Power Posts $156 Million Loss in Q1 2022, Pins it on Rising Natural Gas Prices

Plug Power Posts $156 Million Loss in Q1 2022, Pins it on Rising Natural Gas Prices

Plug Power, a U.S.-based hydrogen fuel cell (HFC) turnkey solutions company, recorded a revenue of $140.8 million in the first quarter (Q1) of 2022, a 96% year-over-year (YoY) growth compared ...
SMA Solar Technology’s Net Income Up 22% to €28 million in FY 2021

SMA Solar Technology’s Net Income Up 22% to €28 million in FY 2021

SMA Solar Technology AG, a German solar equipment supplier, recorded revenue of €221 million (~$232 million) in the first quarter (Q1) of 2022, a year-over-year (YoY) decline of 8% from ...
Battery Technology Company Romeo Power Logs $11.6 Million Revenue in Q1 2022

Battery Technology Company Romeo Power Logs $11.6 Million Revenue in Q1 2022

Romeo Power, a U.S.-based battery technology company, recorded total revenue of $11.6 million in the first quarter (Q1) of 2022, a 955% year-over-year (YoY) increase compared to $1.1 million in ...
Torrent Power Records a 17% YoY Increase in Revenue in FY 2022

Torrent Power Records a 17% YoY Increase in Revenue in FY 2022

Gujarat-based power company Torrent Power has announced the fourth quarter (Q4) and full-year financial results for the financial year (FY) 2021-22. The company recorded a revenue of ₹37.44 billion (~$484.63 ...
/ / Finance and M&A, Other
Fuel Cell Company Bloom Energy Records Net Loss of $78.36 Million in Q1 2022

Fuel Cell Company Bloom Energy Records Net Loss of $78.36 Million in Q1 2022

Bloom Energy, a U.S.-based solid oxide fuel cells manufacturer, recorded total revenue of $201.04 million in the first quarter (Q1) 2022, a 3.6% year-over-year (YoY) growth compared to $194.01 million ...
SunPower Records a 45% YoY Increase in Revenue in Q1 2022

SunPower Records a 45% YoY Increase in Revenue in Q1 2022

SunPower Corporation, a distributed generation storage and energy services provider, announced the financial results for the first quarter (Q1) of the calendar year (CY) 2022. The company posted revenue of ...
Borosil Renewables Income Surges by 30.9% to $6.65 billion in FY 2021

Borosil Renewables Income Surges by 30.9% to ₹6.65 Billion in FY 2021

India-based solar glass manufacturer Borosil Renewables announced the fourth quarter (Q4) and full-year financial results for 2021-22. The company’s net income for 2021-22 was ₹6.65 billion (~$86.38 million), an increase ...
Adani Green Registers 56% Growth in Revenues in FY 22, Energy Sales up by 72%

Adani Green Registers 56% Growth in Revenues in FY 22, Energy Sales up by 72%

Adani Green Energy, the renewable energy arm of the Adani Group, reported revenue of ₹37.83 billion (~$495.29 million) from the power supply for the financial year (FY) 2021-22, a 56% ...
Wacker Group’s Polysilicon Earnings Up 341% YoY in Q1 2022, Sales at €525 Million

Wacker Group’s Polysilicon Earnings Up 341% YoY in Q1 2022, Sales at €525 Million

Wacker Chemie AG, a Munich-based chemical group company, reported total sales of €525 million (~$551.30 million) for its Polysilicon division during the first quarter (Q1) 2022, a growth of 76% ...
IREDA Reports Highest-Ever Profit of ₹6.34 Billion in FY 22, an 83% Jump YoY

IREDA Reports Highest-Ever Profit of ₹6.34 Billion in FY 22, an 83% Jump YoY

Indian Renewable Energy Development Agency (IREDA), a non-banking financial company (NBFC) under the Ministry of New and Renewable Energy (MNRE), recorded an all-time high annual profit after tax (PAT) of ...
First Solar Reports Net Loss of $43.25 Million in Q1 2022 Amid Dip in Module Sales

First Solar Reports Net Loss of $43.25 Million in Q1 2022 Amid Dip in Module Sales

U.S.-based solar modules manufacturer First Solar has recorded a net loss of $43.25 million in the first quarter (Q1) of 2022 representing a quarter-over-quarter (QoQ) decline of 67.07% compared to ...
Itron's Revenue Falls by 7% YoY in Q4 2021, Registers a Net Loss of $58.9 Million

Itron’s Revenue Falls by 7% YoY in Q4 2021, Registers a Net Loss of $58.9 Million

U.S.-based energy and water resource management technology company Itron in its recently announced financial results recorded revenue of $485.6 million in the fourth quarter (Q4) 2021, a year-over-year (YoY) decline ...
/ / Other, Renewable Energy
Solar Tracker Manufacturer Soltec's Revenues Up by 354% YoY in Q4 2021

Solar Tracker Manufacturer Soltec’s Revenues Up by 354% YoY in Q4 2021

Soltec Power Holdings, in its recently announced financial results, recorded revenues of €159.6 million (~$177.4 million) in Q4 2021, a year-over-year (YoY) increase of 354% compared to €35.1 million (~$38.83 ...
/ / Markets & Policy, Solar
Atlantica’s Renewables Portfolio Up by 43.5%, Generates $928 Million in Revenue in 2021

Atlantica’s Renewables Portfolio Up by 43.5%, Generates $928 Million in Revenue in 2021

Atlantica Sustainable Infrastructure, a sustainable infrastructure company that owns a diversified portfolio of contracted assets in the energy (including solar power) and environment sectors, recorded total revenue of $271.33 million ...
/ / Other, Renewable Energy