income

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REC’s Q2 Revenue Up by 17% to ₹136 Billion, Loan Approvals Fall 27% YoY

Public infrastructure finance company REC Limited recorded a total income of ₹135.95 billion (~$1.62 billion) for the second quarter (Q2) of the financial year (FY)...

October 28, 2024

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Arjun Joshi

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Finance and M&A

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Other
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REC’s Q4 Net Profit Up by 33% to ₹41 Billion, Loan Approvals for Renewables Surge

Public infrastructure finance company REC Limited recorded a total income of ₹127.07 billion (~$1.52 billion) for the fourth quarter (Q4) of the financial year (FY)...

May 2, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Tesla’s EV Sales Drop, Energy Storage Revenues Surge in Q1 2024

U.S.-based electric vehicle (EV) maker Tesla reported a total revenue of $ 21.3 billion in the first quarter (Q1) of the financial year (FY) 2024, a 9% year-over-year...

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ChargePoint’s Q1 Net Loss Narrows 11% YoY on the Back of Higher Income

Electric vehicle (EV) charging solution provider ChargePoint’s net loss narrowed by 11% year-over-year (YoY) to $79.4 million for the first quarter (Q1) of the financial...

June 2, 2023

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Gourav Mishra

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Electric Vehicles

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Grid

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Market & Policy
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REC’s Q4 Net Profit Rises 31% to ₹30 Billion on Improved Asset Quality

REC Limited, a government-owned infrastructure finance company, posted a net profit of ₹30 billion (~$363.6 million) in the fourth quarter (Q4) of the financial year...

May 18, 2023

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Arjun Joshi

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Other

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Renewable Energy
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SolarEdge’s Q1 Net Income Quadruples on Diversified Offerings and Markets

SolarEdge, an Israel-based solar inverters manufacturer, posted a net income of $138.4 million during the first quarter (Q1) of the financial year (FY) 2023, a spike of...

May 4, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Sunrun’s Q1 Loss Widens to $335 Million on Higher Overall Expenses

United States-based residential solar, battery storage, and energy services company Sunrun reported a net loss of $335.8 million during the first quarter (Q1) of the...

May 4, 2023

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Arjun Joshi

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Other

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Renewable Energy
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REC India’s Q3 Net Profit Rises 3.6% YoY to ₹28.7 Billion on Improved Asset Quality

Government-owned power sector lender REC India posted the highest-ever quarterly net profit at ₹28.78 billion (~$351.37 million) in the third quarter (Q3) of the...

February 1, 2023

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Gourav Mishra

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Finance and M&A

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Other
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Tesla’s Q4 Profit Up 19% YoY, Solar & Storage Revenues Rise to $1.31 Billion

Tesla recorded a revenue of $24.32 billion from all its businesses in the fourth quarter (Q4) of 2022, a year-over-year (YoY) of 37% compared to $17.72 billion in the...

January 27, 2023

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Arjun Joshi

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Electric Vehicles

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Finance and M&A
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SMA Solar’s 9M Net Income Fell 29% on Large-Scale Project Delays

Germany-based solar equipment manufacturer SMA Solar Technology recorded a net income of €11 million (~$11.38 million) in the first nine months (9M) of 2022, a...

November 15, 2022

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Arjun Joshi

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Other

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Renewable Energy
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More Lower Income Households Adopted Solar in the US Between 2010-2021

A higher share of households with lower incomes in the U.S. have been adopting solar over the past 11 years, which has brought down the median household income for solar...

November 4, 2022

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Gourav Mishra

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Other

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Renewable Energy

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Uncategorized
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Residential Solar Firm Sunrun’s Q3 Revenue Jumps 44% YoY on Higher Customer Acquisition

U.S.-based company Sunrun posted total revenue of $631.9 million in the third quarter (Q3) of 2022, up 44% year-over-year (YoY), on the back of growth in customer...

November 3, 2022

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Gourav Mishra

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Other

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Renewable Energy
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REC Limited’s Loan Disbursements to Renewable Energy Companies Rises by 426% in 1H FY 2023

REC Limited‘s consolidated net profit saw a marginal increase of 4% to ₹51.76 billion (~$628.57 million) in the first half (1H) of FY 2023, compared to ₹49.6...

October 28, 2022

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Rakesh Ranjan

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Markets & Policy

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Solar
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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....

October 28, 2022

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Gourav Mishra

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Markets & Policy

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Solar
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Enphase Energy’s Revenue Up 56% YoY to $412.7 Million in Q4 2021

Enphase Energy, a supplier of microinverter-based solar-plus-storage systems, has reported a revenue of $412.7 million in the fourth quarter (Q4) of 2021, a 56.10%...

February 10, 2022

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Harsh Shukla

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Finance and M&A

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Solar

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