Sungrow’s Revenue in 1H 2021 Up 18% Led By Solar Inverter, Energy Storage System Sales
China-based solar inverter manufacturer Sungrow has reported an 18% increase year-over-year (YoY) in revenue in the first half (1H) of 2021. In 1H 2021, the company’s revenue stood at 8.21 billion ...
Decrease in Solar Module Shipments Pull Jinko’s Revenue Down by 6% YoY in Q2 2021
Chinese solar module and cell manufacturer JinkoSolar has reported a 6.2% year-over-year (YoY) decline in its total revenue for the second quarter (Q2) of 2021. The total revenue declined to RMB 7.93 ...
Azure Power Logs 13% YoY Growth in Revenue in Q1 FY 2022
Independent solar power producer Azure Power posted a 13% year-over-year (YoY) rise in its revenue in the first quarter (Q1) of the financial year (FY) 2022, driven by projects commissioned after Q2 ...
String Inverter Supplier Ginlong Solis’ Revenue Doubles YoY to $224 Million in 1H 2021
Photovoltaic inverter manufacturer Ginlong Technologies (Solis) has recorded a 99.8% year-over-year (YoY) growth to RMB 1.45 billion (~$223.8 million) in the first half (1H) of 2021 from RMB 727 million (~$112.20 ...
Suzlon Posts 122% Increase in Net Revenue in Q1 FY 2022
Pune-based renewable energy solutions provider Suzlon Energy Limited announced the results for the first quarter (Q1) of the financial year (FY) 2022. As per the financial statement released by the ...
Sterling and Wilson Solar’s Revenue Jumps 11.8% in Q1 FY 2022
Sterling and Wilson Solar, the solar engineering and construction arm of the Shapoorji Pallonji Group, has recorded a revenue of ₹11.95 billion (~$161.12 million) in the first quarter (Q1) of the ...
Canadian Solar’s Net Revenue Increased 105% to $1.43 Billion in Q2 2021
Canada-based module manufacturer Canadian Solar released its financial results for the second quarter (Q2) of 2021 and reported a 105% year-over-year (YoY) increase in its net revenue to $1.43 billion from $695.84 ...
Torrent Power’s Revenue Inches Up To ₹31 Billion In Q1 FY 2022
Gujarat-based power generation company Torrent Power declared its financial results for the first quarter (Q1) of the financial year (FY) 2022 and recorded a 3.05% year-over-year (YoY) growth in its revenue from ...
Residential Solar Firm Sunrun’s Total Revenue Surges 121% YoY in Q2 2021
Sunrun, a U.S.-based residential solar, battery storage, and energy services company, has announced financial results for the second quarter (Q2) of the calendar year (CY) 2021. The company’s total revenue ...
Tata Power’s Solar EPC Business Drives Revenues Up in Q1 FY 2022
Tata Power declared its financial results for the first quarter (Q1) of the financial year (FY) 2022 and recorded a 47% growth in consolidated revenues to ₹98.31 billion (~$1.32 billion) compared ...
NTPC Targets 60 GW of Renewable Energy Capacity by 2032
In its annual investor presentation, NTPC Limited has announced its plans to install 60 GW of renewable energy capacity by 2032. Of the target, NTPC Renewables is expected to develop ...
IREDA Posts a Record 61% YoY Growth in After-Tax Profits in FY 2020-21
The Indian Renewable Energy Development Agency (IREDA) posted a profit after tax of ₹3.46 billion (~$47.75 million) as against ₹2.1 billion (~$29.67 million) in the last financial year (FY), registering ...
ReneSola Power’s Revenue Up by 39% QoQ in Q1 2021
ReneSola Power, a fully integrated solar project developer and operator, has announced the financial results for the first quarter (Q1) of the calendar year (CY) 2021. As per the financial ...
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 ...
Module Supplier Canadian Solar Reports 8.6% Rise in Net Revenue in 2020
Canadian Solar, a Canada-based solar module manufacturer, reported an 8.6% increase in net revenue with $3.47 billion in 2020 compared to $3.20 billion in 2019 owing to a 32% annual ...
Solar Tracking Company Array Technologies’ Net Profit Jumps 49% in 2020
Array Technologies, a U.S.-based solar tracking systems manufacturer, has reported a 49% increase in net profit with $59.07 million in 2020 from $39.74 million in 2019, despite a $9.77 million ...
Solar Glass Manufacturer Xinyi Solar’s Profit Jumps 79% in 2020
Xinyi Solar, a China-based solar glass manufacturer and project developer, has announced a 79.52% increase in its net profit to HK$ 5.023 billion (~$647.46 million) in 2020 from HK$2.798 billion ...
Residential Solar Company Sunrun Installs Over 600 MW of Solar in 2020
U.S.-based residential solar, storage, and energy services provider Sunrun has announced that its total revenue in the fourth quarter of 2020 (Q4 2020) stood at $320.4 million, a 31% increase ...
SolarEdge’s Revenue Inches Up in the Final Quarter of 2020
SolarEdge Technologies, an Israel-based solar inverter provider, announced that its revenue in the fourth quarter of the year ended December 31, 2020 (Q4 2020) was up 6% with $358.1 million ...
JSW Announces Sustainability, Renewable Energy Generation Roadmap
Mumbai-based power producer JSW Energy announced plans to double its power generation portfolio with renewable and hydropower-based generation sources contributing to 70% of its total capacity in the medium term ...
Sterling and Wilson Solar’s Revenue Up 22% in Q3 FY 2021
Sterling and Wilson Solar’s (SWSL) revenue from operations stood at ₹13.11 billion (~$180.8 million) in the third quarter (Q3) of the financial year 2021 (FY 2021), up 22% from ₹10.76 ...
Amara Raja Batteries to Set Up a 50 MW Solar Project in Andhra Pradesh
Amara Raja Batteries has announced that it would set up a 50 MW solar power project worth ₹2.2 billion (~$30.30 million) in Chittoor district, Andhra Pradesh. The project will help ...
Power Finance Corporation’s Revenue Up 16% in Q3 FY 2021
The Power Finance Corporation (PFC) has reported a rise in its revenue in the third quarter (Q3) of the financial year 2021 (FY 2021) with ₹184.42 billion (~$2.5 billion), up ...
Azure Power Posts 15.6% Rise in Revenue in Q3 FY 2021 Due to Higher Operational Capacity
Azure Power posted a 15.6% rise in its revenue in the third quarter (Q3) of the financial year 2021 (FY 2021) on the back of an increase in its operational ...
Torrent Power Posts Decline in Revenue, Net Profit in Third Quarter of FY 2020
Gujarat-based power generation company Torrent Power reported a slight decline in its revenue in the third quarter (Q3) of the financial year 2020 (FY 2020) to ₹29.53 (~$405.3 million) billion, down 4.3% ...
