Tata Power Reports 12% Rise in Q3 FY20 Net Profit with Renewable Additions

Tata Power Reports 12% Rise in Q3 FY20 Net Profit with Renewable Additions

Tata Power has announced its earnings for the third quarter of the financial year 2020 (Q3 FY20), posting a net profit of ₹2.46 billion (~$34.5 million) during the quarter, up ...
LONGi Solar Records 41% YoY Revenue Growth In the First Half of 2019

LONGi Solar Records 41% YoY Revenue Growth In the First Half of 2019

Chinese module supplier, LONGi Solar, has announced its financial results for the first half (1H) of 2019. The company’s operating revenue in the 1H of 2019 reached ¥14.11 billion ($2.08 ...
/ / Finance and M&A, Solar
New Solar Projects Drive Azure Power’s Revenue Up by 22% to $30.7 Million in Q2 2019

Solar Developer Azure Power’s Revenue Increases by 40% to $35 Million in Q3 of FY2019

Azure Power (NYSE: AZRE) has announced its consolidated results for the third quarter ending December 31, 2018. The total revenue in the third quarter of FY19 stood at ₹2.430.8 million ...
/ / Markets & Policy, Solar
Sembcorp Energy India Reports SDG 28.9 Million Net Profit in the July-September Quarter

Sembcorp Energy India Reports SGD 28.9 Million Net Profit in the July-September Quarter

Sembcorp Energy India Ltd (SEIL), has posted a net profit of SGD 28.9 million (~$21.02 million) in the July-September quarter.  In comparison, the company suffered a loss of SGD 2.7 ...
/ / Markets & Policy, Solar
Solar Developer Renesola’s Gross Profit Dips to $8.2 Million in Q2 2018

Solar Developer Renesola’s Gross Profit Dips to $8.2 Million in Q2 2018

ReneSola Ltd, a fully integrated solar project developer and operator, has announced its unaudited financial results for the second quarter which ended June 30, 2018. The gross profit was $8.2 million, ...
/ / Markets & Policy, Solar
Helped by Higher Renewable Generation, Tata Power’s Revenues up 16% in Q1 of FY 2018-19

Helped by Higher Renewable Generation, Tata Power’s Revenues up 16% in Q1 of FY 2018-19

Tata Power’s Q1 FY19 revenue was up 16 percent at ₹71.39 billion (~$1.04 billion) compared to ₹61.66 billion (~$0.09 billion) Q1 FY18. Standalone revenue stood at ₹18.44 billion (~$0.27 billion) ...
/ / Other, Renewable Energy
Suzlon Generates Revenues of ₹82.92 Billion, Net Loss of ₹3.84 Billion During FY 2018

Suzlon Generates Revenue of ₹82.92 Billion, Net Loss of ₹3.84 Billion During FY 2018

Domestic renewable energy project developer Suzlon has declared its annual financial results for the financial year (FY) of 2018.  It also announced that it commissioned 626 MW of wind power ...
NTPC’s Net Profit Increases by 41% in Q4 of 2017-18

NTPC’s Net Profit Increases by 41% in Q4 of 2017-18

The state-owned power company National Thermal Power Corporation Ltd. (NTPC) recently declared its annual financial results, registering a growth of 10.21 percent Profit After Tax (PAT) for the year 2017-18. NTPC’s ...
Renewables a Significant Contributor to Tata Power’s Annual Profit of ₹26.79B for FY 2017-18

Renewables a Significant Contributor to Tata Power’s Annual Profit of ₹26.79B for FY 2017-18

Tata Power’s annual consolidated profit after tax (PAT) stood at ₹26.79 billion (~$401.48 million), up 144 percent when compared with the previous year, the company announced recently. Tata Power’s underlying ...