profit

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First Solar Beats Revenue Expectations in Q4 2024, Misses EPS Expectations

U.S.-based solar module manufacturer First Solar reported a revenue of $1.51 billion in the fourth quarter (Q4) of 2024, a 31% year-over-year (YoY) increase from $1.16...

February 28, 2025

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Arjun Joshi

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Finance and M&A

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Other
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SJVN’s Q3 Revenue Rises 25% YoY Due to Strong Renewables Performance

Government-owned power generation company SJVN’s revenue rose to ₹7.61 billion (~$87.52 million) in the third quarter (Q3) of the financial year (FY) 2025, a 25%...

February 19, 2025

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Arjun Joshi

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Finance and M&A

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Other
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REC Silicon’s Revenue Falls 26% YoY as it Shuts Polysilicon Facility

Norway-based silicon material manufacturer REC Silicon reported a revenue of $29.7 million in the fourth quarter (Q4) of 2024, a 26.5% year-over-year (YoY) decline from...

February 14, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Increase in Battery Sales Drives Amara Raja’s Profits Up by 11%

Battery manufacturer Amara Raja Energy & Mobility recorded a profit after tax of ₹2.98 billion (~$34.3 million) during the third quarter (Q3) of the financial year...

February 13, 2025

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Tina Freese

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Finance and M&A

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Renewable Energy
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REC Records 18% YoY Increase in Revenue in Q3 FY 2025

Public infrastructure finance company REC Limited recorded a total income of ₹142.86 billion (~$1.63 billion) for the third quarter (Q3) of the financial year (FY) 2025,...

February 7, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Enphase Exceeds Q4 Revenue, EPS Expectations Due to US Market Demand

Microinverter and battery storage supplier Enphase Energy recorded total revenue of $382.71 million in the fourth quarter (Q4) of 2024, reflecting a 26.5% year-over-year...

February 6, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Premier Energies Posts Strong Third Quarter, Net Profit Up Five Times

Solar module and cell manufacturer Premier Energies reported a total income of ₹17.49 billion (~$200.86 million) in the third quarter (Q3) of the financial year (FY)...

February 4, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Higher Order Execution Drives Inox Wind’s Revenue Up 96% in Q3 FY 2025

Wind energy solutions provider Inox Wind reported a revenue of ₹9.94 billion (~$114.02 million) in the third quarter (Q3) of the financial year (FY) 2025, a 96%...

February 3, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Capacity Additions Help NTPC Green’s Revenue and Profit Growth in Q3 FY 2025

NTPC Green Energy reported a total income of ₹5.81 billion (~$67.06 million) in the third quarter (Q3) of the financial year (FY) 2025, up 25% year-over-year (YoY). The...

January 31, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Tesla’s Energy Storage Deployments Surged to a Record 31.4 GWh in 2024

U.S.-based electric vehicle (EV) maker Tesla posted a net income of $2.32 billion in the fourth quarter (Q4) of 2024, down 71% year-over-year (YoY). This decline can be...

January 31, 2025

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Arjun Joshi

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Electric Vehicles

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Finance and M&A

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Grid
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JSW Energy’s Profit Dips 27% YoY in Q3 FY 2025

Independent power producer JSW Energy reported a net profit of ₹1.68 billion (~$19.42 million) in the third quarter (Q3) of the financial year (FY) 2025, a decrease of...

January 29, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Suzlon Energy’s Revenue, Profit Rises 91% YoY in Q3 FY 2025

Wind turbine manufacturer Suzlon Energy recorded a revenue of ₹29.69 billion (~$343 million) during the third quarter (Q3) of the financial year (FY) 2025, an increase...

January 29, 2025

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Arjun Joshi

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Finance and M&A

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Other
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IndiGrid’s Revenue Flat at ₹7.7 Billion in Q3 FY 2025, Profit Drops 37%

India Grid Trust (IndiGrid), a power infrastructure investment trust, reported consolidated revenue of ₹7.72 billion (~$89.53 million) in the third quarter (Q3) of the...

January 24, 2025

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Arjun Joshi

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Finance and M&A

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Other
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EPC Growth Propels Sterling and Wilson to Fourth Straight Profitable Quarter

Sterling and Wilson Renewable Energy, the engineering, procurement, and construction (EPC) arm of the Shapoorji Pallonji Group, posted a net profit of ₹171.4 million...

January 16, 2025

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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 Misses Revenue Expectations as Module Prices Fall

Solar module manufacturer Canadian Solar‘s third quarter (Q3) 2024 revenue and earnings fell short of analyst expectations as average selling prices for solar...

December 9, 2024

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Arjun Joshi

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Finance and M&A

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Other

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