Sungrow Reports Nearly 56% Rise in Revenue in the First Half of 2020
Sungrow, a solar inverter manufacturer, reported that its revenue increased by 55.57% year-over-year (YoY). In the first half (1H) of the financial year (FY) 2020-21, its revenue inched up to ...
Andhra Pradesh Approves Proposal for a 10 GW Mega Solar Project for Agricultural Sector
The Andhra Pradesh cabinet has approved the proposal to develop a 10 GW mega solar power project for the benefit of the farmers in the state. The project will supply ...
Tata Power Registers 3% Revenue Dip in FY 2020 As Demand Drops Due to COVID-19
Tata Power has announced its annual results for the financial year (FY) 2019-20. The company’s income statement said that in the FY 2020, its revenue declined by 3% and stood ...
LONGi Solar Posts 50.6% YoY Revenue Growth in Q1 2020
Chinese module supplier, LONGi Solar, has released its financial results for the year 2019 and Q1 2020. In 2019, the company’s revenue from operations increased by 49.62% annually to reach ¥32.89 ...
With Newly Commissioned Solar Projects, Azure Power Sees a 28% Rise in Revenue in Q2 FY20
Azure Power (NYSE: AZRE) has announced its consolidated financial results for the second quarter of the financial year (FY) ending September 30, 2019. The independent solar power producer reported that ...
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 ...
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 ...
CERC Encourages POWERGRID to Monetize Transmission Lines Through Telecom Providers
POWERGRID can monetize its transmission line towers by offering it to mobile telecom service providers on commercial basis under section 41 of the Electricity Act, 2003, which allows for effective ...
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 ...
Rise in Module Shipments Help Jinko Solar Increase Its Gross Profit by 37% in Q3 2018
Jinko Solar, a Chinese solar module and cell manufacturer, has announced its financial results for the third quarter (Q3) ending September 2018. The company’s total revenue for Q3 2018 was RMB 6.69 ...
Renesola Announces Gross Profits of $8.6 Million in Q3 2018
ReneSola Ltd, a fully integrated solar project developer and operator, has announced its unaudited financial results for the third quarter (Q3), ending September 2018. The gross profit was $8.6 million, compared ...
New Solar Projects Drive Azure Power’s Revenue Up by 22% to $30.7 Million in Q2 2019
Azure Power (NYSE: AZRE), an independent solar power producer, has announced its consolidated results for the second quarter ending September 30, 2018. Total revenue in the second quarter of FY19 ...
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, ...
Buoyed by Expansive Solar Portfolio, Adani Green’s Revenue Up by 148 percent in Q1 FY19
Adani Green Energy Limited, a leading renewable energy project developer in the country, has announced its consolidated results for the first quarter for FY 2019, ending June 30, 2018. Total ...
Azure Power’s Revenue Up 29% to $35.4 Million in Q1 2019
Azure Power (NYSE: AZRE), an independent solar power producer, has announced its consolidated results for the first quarter ending June 30, 2018. Total revenue in the first quarter of FY19 ...
Suzlon Registers ₹5.75 Billion Net Loss in First Quarter of FY19
Suzlon, a leading wind turbine manufacturer and renewable energy project developer, has reported a net loss of ₹5.75 billion (~$83.67million) in the first quarter of FY19, ending June. In the same quarter ...
Azure Power Reports Revenue of $118.3 Million in Fiscal Year 2018
Azure Power (NYSE: AZRE), an independent solar power producer, has announced its consolidated financial results for the fourth quarter and fiscal year ending March 31, 2018. Total revenue during its ...