Revenue

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Emeren Group Swings to $4.8 Million Profit in Q4 on European Projects

Utility-scale solar and battery storage projects developer Emeren Group (formerly Renesola Power) posted a net profit of $4.8 million for the fourth quarter (Q4) of the...

March 30, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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Ballard Power’s Q4 Net Loss Narrows to $34.4 Million

The net loss of fuel cell and clean energy solutions provider Ballard Power Systems narrowed to $34.4 million in the fourth quarter (Q4) of the financial year (FY) 2022...

March 20, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Jinko Solar’s Q4 Net Income Rises 33% on Increased Module Shipments

Chinese cell and module manufacturer Jinko Solar‘s adjusted net income for the fourth quarter (Q4) of the financial year (FY) 2022 rose to RMB312.4 million ($45.3...

March 13, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Iron Flow Battery Maker ESS Tech’s Q4 Net Loss Narrows

Manufacturer of long-duration iron-flow batteries, ESS Tech, recorded a net loss of $25 million in the fourth quarter (Q4) of 2022, a year-on-year improvement of 86.12%...

March 3, 2023

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Gautamee Hazarika

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Energy Storage

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Finance and M&A
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Inox Wind’s Q3 Net Loss Widens to ₹2.8 Billion

Wind energy solutions provider Inox Wind’s loss widened to ₹2.8 billion (~$34.7 million) for the third quarter (Q3) of the financial year (FY) 2023, as against ₹639.5...

February 23, 2023

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Gautamee Hazarika

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Finance and M&A

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Wind
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Sunrun Posts $63 Million Net Profit in Q4, Adds Over 275 MW Solar Capacity

Residential solar company Sunrun posted a $63 million net profit in the fourth quarter (Q4) of the financial year (FY) 2022, compared to a net loss of $38.5 million...

February 23, 2023

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Gourav Mishra

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Consumers

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Finance and M&A

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Solar

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Uncategorized
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Sunnova’s Q4 Net Loss Doubles to $61.9 Million on Higher Operating Expenses

U.S.-based residential solar company Sunnova posted a net loss of $61.9 million for the fourth quarter (Q4) of 2022 compared to $31.2 million year-over-year. The higher...

February 23, 2023

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Gautamee Hazarika

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Finance and M&A

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Rooftop

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Solar
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ReNew Power’s Q3 Net Loss Narrows to ₹4 Billion on Higher Operating Capacity

Independent renewable power producer ReNew Power‘s net loss narrowed to ₹4 billion ($49 million) in the third quarter (Q3) of the financial year (FY) 2023,...

February 21, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Energy Storage Firm Stem’s Q4 Revenue Jumps 194% to $156 Million

Smart energy storage company Stem posted a revenue of $156 million for the fourth quarter (Q4) of the financial year (FY) 2022, which is a 194% jump year-over-year (YoY)....

February 21, 2023

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Gourav Mishra

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Energy Storage

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Finance and M&A
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SunPower’s Q4 Revenue Jumps 43% to $497 Million on Record New Customers

Distributed generation storage and energy services provider SunPower Corporation‘s revenue came in at $497.3 million for the fourth quarter (Q4) of 2022, a 43%...

February 20, 2023

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Gourav Mishra

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Energy Storage

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Finance and M&A
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Power Finance Corporation’s Q3 Profit Rises 7% YoY to ₹52.41 Billion

State-owned lender Power Finance Corporation (PFC) posted its highest-ever consolidated quarterly profit of ₹52.41 billion (~$633.5 million) for the third quarter (Q3)...

February 14, 2023

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Gourav Mishra

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Finance and M&A

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Other

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Renewable Energy
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Suzlon’s Q3 Profit Doubles to ₹780 Million on Lower Finance Cost

Indian wind turbine manufacturer Suzlon Energy posted a net profit of ₹780 million (~$9.4 million) during the third quarter (Q3) of the financial year (FY) 2023, an...

February 15, 2023

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Gautamee Hazarika

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Finance and M&A

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Wind
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SolarEdge’s Q4 Revenue Jumps 61% on Higher Inverter Shipments

SolarEdge, an Israel-based solar inverters manufacturer, posted revenue of $890.7 million for the fourth quarter of the financial year 2023, a jump of 61.4%...

February 15, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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Enphase Energy’s Q4 Profit Climbs 193% YoY on Higher Shipments of Microinverters

Enphase Energy, a supplier of microinverter-based solar-plus-storage systems, reported a 193% YoY surge in profit at $153.8 million in the fourth quarter (Q4) of 2022....

February 10, 2023

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Gourav Mishra

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Energy Storage

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Finance and M&A
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Siemens Gamesa’s Q1 Net Loss Widens to €884 Million on Higher Service Costs

Spain-based wind turbine maker Siemens Gamesa’s net loss widened to €884 million (~$971.9 million) for the first quarter (Q1) of the financial year (FY) 2023 compared to...

February 2, 2023

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Gourav Mishra

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Finance and M&A

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Other

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Wind

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