Wind Turbine Maker Siemens Gamesa’s Revenue Slips 7.7%
Siemens Gamesa Renewable Energy (SGRE), a wind turbine maker, has reported a 7.7% fall in revenue in the second quarter of the financial year 2020 (January-March) as a result of ...
Despite COVID-19 Slowdown, SolarEdge Reports 59% Rise in Revenue YoY in Q1 2020
SolarEdge Technologies Incorporated (SolarEdge), an Israel-based solar solutions provider, registered a revenue of $431.2 million (~₹32.41 billion) in the quarter ending March 31, 2020, a 59% increase from $271.9 million ...
Solar Inverter Supplier Sungrow Reports 25.4% Rise in Revenue in 2019
Sungrow, a China-based solar inverter manufacturer, has reported that its revenue increase by 25.4% to $1.864 billion (~₹140.43 billion) in the fiscal year 2019, up from $1.572 billion (~₹118.44 billion) ...
Adani Power Reports ₹22.75 Billion in Losses During FY 2019-20
Adani Power Limited (APL), India’s largest private power generator, reported that its consolidated loss after tax widened to ₹22.75 billion (₹301.1 million) in the financial year (FY) 2019-20, up significantly ...
SoftBank, O2 Power, EDEN Renewables, Axis Energy, Avaada Win NHPC’s 2 GW Solar Auction
SoftBank, Axis Energy Ventures India Private Limited, O2 Power, EDEN Renewables, and Avaada Energy, were the winners in the 2 GW interstate transmission system (ISTS) connected solar projects auctioned by ...
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 ...
Solar Inverter Supplier Ginlong Reports 82% Jump in Revenue During Q3 2019
String solar inverter supplier, Ginlong Technologies, has reported revenues of $52 million in the third quarter (Q3) of the calendar year 2019 compared to Q3 2018. This jump in revenue ...
Solar Project Financier PFS Announces 12% Increase in Revenues for FY 2019
Power project financier PTC Financial Services (PFS) has announced its FY 2019 results which indicate a good year for the company. The total revenue for PFS for FY 2019 was ...
ABB India Sees After-Tax Profits Rise by 18% in Q3 2017
Consistent cost structure improvements helped ABB India boost its after-tax profits by 18 percent year-over-year to ₹830 million (~$12.8 million) in the third quarter of 2017, despite seeing its revenue ...
