loss

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Torrent Power’s Revenue Grows 3% YoY in Q2 FY 2025

Gujarat-based Torrent Power’s revenue from operations increased 3% year-over-year (YoY) to ₹71.76 billion (~$850.1 million) in the second quarter (Q2) of the financial...

November 14, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Suspension of Facilities Sinks REC Silicon into 112.09% YoY Net Loss in Q3 2024

Norway-based silicon material manufacturer REC Silicon‘s net loss widened 112.09% year-over-year (YoY) to $52.6 million in the third quarter (Q3) 2024 from $24.8...

November 12, 2024

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Melvin Mathew

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Finance and M&A

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Solar
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Array Technologies’ Q3 Revenue Dips 34% YoY, Hit by Lower Solar Tracker Sales

U.S.-based solar tracker company Array Technologies reported adjusted earnings per share (EPS) of $0.17 in the third quarter (Q3) of 2024, beating analyst estimates by...

November 12, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Sunrun’s Q3 Revenue Dips 4.6% with $537.3 Million, Misses Estimates

U.S.-based solar energy, battery, and storage services provider Sunrun reported revenue of $537.2 million in the third quarter (Q3) of 2024, a 4.62% decline...

November 11, 2024

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Arjun Joshi

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Finance and M&A

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Solar
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Robust EPC Segment Revenue Drives Waaree’s Q2 FY 2025 Up 249% YoY

Waaree Renewable Technologies, the solar engineering, procurement, and construction (EPC) arm of the Waaree Group, posted a total revenue of ₹5.24 billion (~$62.24...

November 6, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Daqo Q2 2024 Revenue Falls 65% YoY Amid Plummeting Polysilicon Prices

China-based polysilicon manufacturer Daqo New Energy Corporation reported a significant decline in both revenue and net income for the second quarter (Q2) of 2024 due to...

August 29, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Canadian Solar Posts $47.98 Million Loss in Q2 2024

Canada-based solar module company Canadian Solar ran up a loss of $47.98 million in the second quarter (Q2) of 2024 from a profit of $124.73 million in the same quarter...

August 28, 2024

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Staff

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Renewable Energy

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Solar
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Fluence Narrows Loss in Q3 FY 2024, Sees Growth in Energy Storage Demand

Fluence Energy, a utility-scale energy storage firm, reported a revenue of $483.31 million in the third quarter (Q3) of the financial year (FY) 2023-24, a 10%...

August 12, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Non-cash Charges Push Plug Power’s Net Loss Up in Q2 2024

Hydrogen fuel cell solutions provider Plug Power‘s second quarter (Q2) 2024 revenue dropped 44.88% year-over-year to $143.4 million from $260.18 million. The...

August 12, 2024

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Staff

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Finance and M&A

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Renewable Energy
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Solar Tracker Firm Array Tech’s Revenue Dips 50% YoY in Q2 2024

U.S.-based solar tracker company Array Technologies reported a revenue of $255.77 million in the second quarter (Q2) of 2024, a 50% year-over-year (YoY) decrease from...

August 12, 2024

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Staff

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Finance and M&A

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Solar
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Sunrun Narrows Loss in Q1 2024 as Storage Installations Grow 15% YoY

U.S-based solar energy, battery, and storage service provider Sunrun incurred a net loss of $87.8 million in the first quarter (Q1) of 2024 due to the company...

May 10, 2024

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Staff

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Finance and M&A

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Solar
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Solar Industry Loses $4.6 Billion in 2023 Due to Equipment Underperformance

The solar industry faced a notable increase in underperformance from faults and issues with photovoltaic (PV) equipment, rising to 4.47% in 2023 from 3.13% in 2022. This...

April 5, 2024

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Arjun Joshi

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Markets & Policy

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Solar
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Energy Storage Firm Fluence Cuts Q2 Loss to $37 Million on Higher Deployments

Energy storage technology and services provider Fluence’s net loss narrowed to $37.4 million for the second quarter (Q2) of the financial year (FY) 2023 from a loss of...

May 12, 2023

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Gourav Mishra

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Energy Storage

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Market & Policy
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Scatec’s Q1 Revenue Rises 21% to $87 Million on Higher Power Production

Norwegian independent power producer Scatec’s total revenue rose 21% year-over-year (YoY) to NOK919 million (~$87 million) for the first quarter (Q1) of the financial...

May 10, 2023

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Gourav Mishra

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Markets & Policy

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Solar
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Ballard Power’s Q4 Net Loss Narrows to $34.4 Million

The net loss of fuel cell and clean energy solutions provider Ballard Power Systems narrowed to $34.4 million in the fourth quarter (Q4) of the financial year (FY) 2022...

March 20, 2023

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Gourav Mishra

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Other

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Renewable Energy

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