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
Module Manufacturer First Solar Reports 190% QoQ Growth in Net Income in Q4 2021

Module Manufacturer First Solar Reports 190% QoQ Growth in Net Income in Q4 2021

U.S.-based solar modules manufacturer First Solar recorded a net income of $131.37 million in the fourth quarter (Q4) of 2021, representing a quarter-over-quarter (QoQ) growth of 190% compared to the ...
/ / Markets & Policy, Solar
Smart Energy Storage Company Stem’s Revenue up 184% YoY in Q4 2021

Smart Energy Storage Company Stem’s Revenue up 184% YoY in Q4 2021

Artificial Intelligence (AI)-enabled energy storage software and services provider Stem recorded a revenue of $52.8 million in the fourth quarter (Q4) of 2021, representing a year-over-year (YoY) increase of 184% ...
/ / Other, Renewable Energy
Residential Solar Firm Sunnova Registers a 71% YoY Jump in Revenue in Q4 2021

Residential Solar Firm Sunnova Registers a 71% YoY Jump in Revenue in Q4 2021

U.S.-based residential solar and storage service provider, Sunnova Energy International, has reported a revenue of $65 million in the fourth quarter (Q4) of 2021, an increase of 71% compared to ...
/ / Other, Renewable Energy
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
Tesla Logs 28% Increase in Revenue in Q4 2021

Tesla’s Net Income Up 665% YoY With $5.52 Billion in 2021

Tesla recorded a revenue of $17.72 billion in the fourth quarter (Q4) of 2021, an increase of 29% compared to $13.76 billion in the previous quarter. The revenue contribution from ...
/ / Finance and M&A, Other
ReNew Power Logs 44% YoY Growth in Revenue in Q2 FY 2022

ReNew Power Logs 44% YoY Growth in Revenue in Q2 FY 2022

Independent power producer ReNew Power has recorded a revenue of ₹21.31 billion (~$287 million) for the second quarter (Q2) financial year (FY) 2022, an increase of 44% over Q2 FY ...
/ / Other, Renewable Energy
REC Limited Loans ₹9.51 billion to Renewable Energy Sector in Q1 FY 2022, Up 55% QoQ

REC Limited Loans ₹9.51 billion to Renewable Energy Sector in Q1 FY 2022, Up 55% QoQ

REC Limited has announced the financial results for the first quarter (Q1) of the financial year (FY) 2022. REC is an infrastructure finance company involved in financing power projects. The company ...
/ / Other, Renewable Energy
Suzlon Energy, Wind Turbines, Financial Results, Wind Energy

Suzlon Energy Logs ₹32.95 Billion Revenue in FY 2021, Over 12% Jump YoY

Wind turbine manufacturer Suzlon Energy Limited has announced a 12.34% jump in its net revenue in the financial year (FY) 2021. The company’s net revenue stood at ₹32.95 billion (~$443 million) ...
Sterling and Wilson Solar Records ₹2.9 Billion Loss in FY2021

Sterling and Wilson Solar Records ₹2.9 Billion Loss in FY2021

Shapoorji Pallonji Group Company’s end-to-end solar engineering, procurement, and construction (EPC) solutions provider Sterling and Wilson Solar declared its financial results for the year ended March 31, 2021, reflecting record ...
/ / Markets & Policy, Solar
Solar Cell & Module Maker Websol Energy Posts Revenue of ₹1.54 Billion in FY 2021

Solar Cell & Module Maker Websol Energy Posts Revenue of ₹1.54 Billion in FY 2021

Kolkata-based manufacturer of solar cells and modules Websol Energy System has announced combined financial results for the fourth quarter (Q4) and the financial year 2021 (FY21). The company reported a ...
/ / Markets & Policy, Solar
REC's Profits Surge 71% Year-Over-Year to ₹83.62 Billion in FY 2021

REC’s Profits Surge 71% Year-Over-Year to ₹83.62 Billion in FY 2021

REC Limited has announced the consolidated financial results for the fourth quarter (Q4) and financial year (FY) 2021. REC's net profit surged by 71% in FY 2021 to ₹83.62 billion ...
/ / Finance and M&A, Other
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
Canadian Solar's Financial Report Acknowledges Raw Material Shortage Affecting Prices

Canadian Solar’s Financial Report Acknowledges Raw Material Shortage Affecting Prices

Global solar module supplier and project developer Canadian Solar has reported a strong performance in its financial results for the quarter ended September 30, 2020. The module manufacturer said it ...
/ / Finance and M&A, Solar
Newly Commissioned Solar Projects Drive Azure’s Revenue Up 26% to $41 Million in Q4 2019

Newly Commissioned Solar Projects Drive Azure’s Revenue Up 26% to $41 Million in Q4 2019

Independent solar power producer Azure Power (NYSE: AZRE) has announced its consolidated financial results for the fourth quarter of the financial year (FY) ending March 31, 2019. The company generated ...
New Operational Solar and Wind Assets Push Adani Green’s Revenue Up by 39% in FY2019

New Operational Solar and Wind Assets Push Adani Green’s Revenue Up by 39% in FY2019

Adani Green Energy Limited (AGEL), the renewable energy arm of Adani Group, has announced its operational and financial performance for the financial year (FY) 2019 and the fourth quarter ending ...
Siemens Gamesa Wins Turnkey Contract for 176.8 MW Wind from ReNew Power

Siemens Gamesa Announces Order Booking of $12.25 Billion

Renewable energy developer and wind turbine manufacturer, Siemens Gamesa, has announced its financial results for the first half (October-March) and the second quarter (January-March) of fiscal year (FY) 2019. The ...
/ / Other, Wind
Tata Power’s Solar EPC Order Book Reached ₹13.60 Billion in FY 2018-19

Tata Power’s Solar EPC Order Book Reached ₹13.60 Billion in FY 2018-19

Tata Power has announced its annual results for FY 2018-19. The company’s income statement shows that its consolidated FY19 revenue was up 12% at ₹294.93 billion (~$4.25 billion) as compared ...
Azure Power Quarterly Report

Azure Power Records Revenues of $20.3 Million for the Quarter Ending March 31, 2017

Azure Power (NYSE: AZRE) announced its consolidated financial results for the fiscal fourth quarter 2017, period ending March 31, 2017. The company declared revenue of $20.3 million for the quarter ending March ...
/ / Other, Press Releases