Nordex’s 9M Net Loss Grows to €372 Million on Supply Chain Disruptions
Germany-based wind turbine manufacturer Nordex SE reported a net loss of €371.6 million (~$385.1 million) in the first nine months (9M) of the calendar year (CY) 2022, compared to €103.7 ...
SJVN’s Profit Up 10% YoY to ₹4.45 billion in Q2 FY23
SJVN Limited, a joint venture between the Government of India and the Government of Himachal Pradesh, posted a profit of ₹4.45 billion (~$55.22 million) in the second quarter (Q2) of ...
IREDA’s Loan Approvals for Renewables Swell by 89% QoQ in Q2 FY23
Indian Renewable Energy Development Agency (IREDA) has posted a profit of ₹1.84 billion (~$22.83 million) in the second quarter (Q2) of the financial year (FY) 2023, marking an increase of ...
Wind Turbine Manufacturer Suzlon’s Profit Soars to ₹564 Million in Q2 FY23
Indian wind turbine manufacturer Suzlon Energy posted a net profit of ₹564.7 million (~$6.95 million) during the second quarter (Q2) of the financial year (FY) 2023, an increase of 555% ...
Adani Green’s Profits Up 50% YoY in Q2 FY23 on the Back of Higher Sale of Power
Adani Green Energy (AGEL) posted cash profits of ₹6.01 billion (~$73.98 million) in the second quarter (Q2) of the financial year (FY) 2023, a 50% increase over ₹4.01 billion (~$49.36 ...
FTC Solar’s Q3 Loss Widens to $25.6 Million
U.S.-based solar tracker systems provider FTC Solar’s Q3 GAAP (generally accepted accounting principles) net loss widened to $25.6 million compared to $22.9 year-over-year (YoY) due to low demand induced by ...
Adani New Industries Q2 Revenue Down Marginally at ₹6.13 Billion
Adani New Industries (ANIL) Ecosystem, a wholly-owned subsidiary of Adani Enterprises, posted revenue of ₹6.13 billion (~$74.77 million) in the second quarter (Q2) of the financial year (FY) 2023, a ...
Amara Raja Advance Cell Company to Manufacture Lithium-Ion Batteries
Amara Raja Batteries recorded a consolidated net profit of ₹2.02 billion (~$24.54 million) in the second quarter (Q2) of the financial year (FY) 2023, a jump of 40% year-over-year (YoY) ...
Hitachi Energy India’s Q2 FY23 Profit Up 8.5% YoY
Hitachi Energy India reported a profit after tax of ₹372 million ($4.5 million) in the second quarter (Q2) for the financial year (FY) 2023, an increase of 8.5% year-over-year (YoY) ...
JSW Energy’s Profit Rises 37% YoY in Q2 2023
Integrated power company JSW Energy posted a profit after tax (PAT) of ₹4.66 billion (~$56.31 million) in the second quarter (Q2) of the financial year (FY) 2023, a year-over-year (YoY) ...
NTPC’s Q2 FY23 Consolidated Net Profit Dips 7.4% on Higher Fuel Cost
State-owned power producer NTPC reported a net profit of ₹34.2 billion (~$414.6 million) for the second quarter of the current fiscal year, a dip of 7.4% compared to the same ...
Increased N-Type Module Shipments Push Jinko Solar’s Q3 2022 Revenue Up 128% YoY
Chinese cell and module manufacturer Jinko Solar’s revenue for the third quarter (Q3) of 2022 rose to RMB19.52 billion (~$2.74 billion), increasing by 127.8% year-over-year. The company recorded a revenue ...
Tata Power’s Renewables Business Revenue Up 7% YoY in Q2 FY23
Tata Power reported a profit of ₹18.19 billion (~$220.89 million) in 1H FY 2023, registering a growth of 87% over the same period a year ago. For Q2 FY 2023, ...
Increased Demand for Residential Solar Systems Boost Sunnova’s Q3 Revenue by 116%
U.S.-based residential solar company Sunnova posted a year-over-year (YoY) surge of 116% in revenue at $149.3 million for the third quarter (Q3) of 2022 compared to $68.9 million in Q3 ...
Enphase Energy’s Revenue Jumps 81% to $635 Million in Q3 2022 on Strong Demand
Microinverter-based solar-plus-storage systems company Enphase Energy recorded revenue of $634.7 million in the third quarter (Q3) of 2022, a year-over-year (YoY) increase of 81% from $351.5 million. The numbers marked ...
Tesla Records $21.5 Billion in Revenue and 2.1 GWh Energy Storage Deployments in Q3 2022
Tesla recorded total revenues of $21.5 billion in the third quarter (Q3) of 2022, a 57% year-over-year increase compared to $13.7 billion in Q3 2021 and a quarter-over-quarter (QoQ) leap ...
Sterling and Wilson Q2 Net Loss Widens to ₹2.99 Billion With Steep Fall in EPC Revenues
The consolidated net loss for Sterling and Wilson Renewable Energy (formerly Sterling and Wilson Solar) rose by 5% to ₹2.99 billion (~$36.35 million) in the second quarter (Q2) of the ...
Jinko Solar Ships Over 10 GW of Modules in Q2 2022
Jinko Solar, the Chinese solar cell and module manufacturer, has recorded a revenue of RMB18.84 billion (~$2.81 billion) in the second quarter (Q2) of the calendar year 2022, up 27.6% quarter-over-quarter ...
Battery Company Solid Power Reports 360% YoY Increase in Revenue in Q2 2022
Solid Power, an all-solid-state rechargeable battery cells manufacturer, reported revenue of $2.58 million in the second quarter (Q2) of 2022, a 360% year-over-year (YoY) growth compared to $561,000 in Q1 ...
Solar Glass Manufacturer Borosil Renewables’ Revenue Up by 25% YoY in Q1 FY 2023
India-based solar glass manufacturer Borosil Renewables has announced the financial results for the first quarter (Q1) of the financial year (FY) 2023. The company reported revenue of ₹1.69 billion (~$21.31 ...
Hydrogen Fuel Cell Company Plug Power’s Revenue Rises 21% YoY in Q2 2022
Plug Power, a U.S.-based provider of green hydrogen and fuel cell solutions, recorded a revenue of $151.27 million in the second quarter (Q2) of 2022, a 21% year-over-year (YoY) growth ...
Residential Solar Company Sunrun’s Revenue Up by 46% YoY in Q2 2022
Sunrun, a U.S.-based residential solar, battery storage, and energy services company, registered total revenue of $584.6 million in the second quarter (Q2) of the calendar year (CY) 2022, up 46%, ...
Adani Green Registers a 57% YoY Rise in Revenue in Q1 FY2023
Renewable energy company Adani Green Energy (AGEL) has generated revenue of ₹13.28 billion (~$168.72 million) from the sale of energy in the first quarter (Q1) of the financial year (FY) ...
Residential Solar Firm Sunnova’s Revenue Surges 121% YoY to $147 Million in Q2 2022
Sunnova, a U.S.-based residential solar company, recorded revenue of $147 million in the second quarter (Q2), a year-over-year (YoY) leap of 121% from ~$67 million last year. The company attributed ...
EDP Renewables Net Profit Rises by 87% YoY to $270 Million
Spain-based renewable energy company EDP Renewables (EDPR) reported a net profit of €265 million (~$270 million) in the first half (1H) of 2022, an 87% year-over-year growth. EDPR's revenues reached ...
