earnings

thumbnail
Daily News Wrap-Up: India’s Solar Installations Reaches 1.9 GW in Q1 2023

India installed 1.9 GW of new solar capacity during the first quarter (Q1) 2023, a decline of 48% year-over-year (YoY), according to Mercom India Research’s newly...

May 26, 2023

/

Mercom India

/

Daily Wrap-up
thumbnail
Shoals Technologies Swings to $118 Million Profit in Q4 2022

Manufacturer of electrical balance of systems (EBOS) for solar, energy storage, and eMobility Shoals Technologies Group recorded a net profit of $118.3 million in the...

March 1, 2023

/

Gautamee Hazarika

/

Finance and M&A

,

Solar
thumbnail
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

/

Gautamee Hazarika

/

Finance and M&A

,

Rooftop

,

Solar
thumbnail
Renewable Sector Lender IREDA’s Q3 Profit Jumps 88% YoY to ₹2 Billion

Government-owned lender Indian Renewable Energy Development Agency (IREDA) posted a profit of ₹2 billion (~$24.3 million) for the third quarter (Q3) of the financial...

February 10, 2023

/

Gautamee Hazarika

/

Finance and M&A

,

Other

,

Renewable Energy
thumbnail
SJVN’s Q3 Profit Jumps 22% to ₹2.9 Billion on Income from Equity Transfer

Government-owned power producer SJVN posted a profit of ₹2.87 billion (~$34.7 million) for the third quarter (Q3) of the financial year (FY) 2022-23, an increase of 22%...

February 8, 2023

/

Gautamee Hazarika

/

Finance and M&A

,

Other

,

Renewable Energy

,

Solar

,

Wind
thumbnail
ReneSola Power’s Q3 Net Income Jumps Four-fold to $3 Million on China Assets

Solar project developer ReneSola Power posted a net income of $3 million for the third quarter (Q3) of 2022, an over four-fold jump year-on-year (YoY) from $711,000. The...

December 5, 2022

/

Gautamee Hazarika

/

Finance and M&A

,

Solar
thumbnail
Array Technologies Swings to Profit in Q3 on Higher Sales Volume and Prices

Solar tracker manufacturer Array Technologies swung to profit in the third quarter (Q3) of 2022 on the back of strong growth in sales volume and prices. The company’s...

November 9, 2022

/

Sumit Jha

/

Finance and M&A

,

Solar
thumbnail
ReneSola Power’s Revenue Dips 85% YoY to $3.5 Million in Q1 2022

China-based supplier of green energy products ReneSola Power recorded a revenue of $3.5 million in the first quarter (Q1) of the current fiscal year (FY), a...

June 9, 2022

/

Gourav Mishra

/

Markets & Policy

,

Solar
thumbnail
ChargePoint’s Revenue Leaps 102% YoY to $86 Million in Q1 2022

Electric vehicle (EV) charging network company ChargePoint Holdings recorded revenue of $86 million in the first quarter (Q1) of 2022, a year-over-year (YoY) growth of...

June 2, 2022

/

Gourav Mishra

/

Electric Vehicles

,

Grid
thumbnail
Energy Storage Firm Stem Posts 166% Growth in Revenue, Secures Supply Chain for 2022

Stem, a smart energy storage company, posted revenue of $44.1 million in the first quarter (Q1) of 2022, a year-over-year (YoY) spike of 166% from $15.4 million in the...

May 23, 2022

/

Gourav Mishra

/

Energy Storage

,

Market & Policy
thumbnail
Shoals Technologies’ Revenue Rises 49% YoY to $68 Million in Q1 2022

Manufacturer of the solar balance of system components, Shoals Technologies Group, recorded revenue of $68 million in the first quarter (Q1) of 2022, a year-over-year...

May 18, 2022

/

Gourav Mishra

/

Finance and M&A

,

Other
thumbnail
Solar Tracking Systems Company FTC Solar’s Revenue Dips 25% in Q1 2022

U.S.-based solar tracker systems provider FTC Solar recorded a revenue of $49.5 million in the first quarter (Q1) of 2022, a year-over-year (YoY) drop of 25%compared to...

May 11, 2022

/

Gourav Mishra

/

Finance and M&A

,

Solar
thumbnail
Tata Power’s Revenue Up 28% YoY to ₹425 Billion in FY22

Tata Power recorded revenue of ₹425.76 billion (~$5.53 billion), a 28% year-over-year (YoY) surge from ₹332.39 billion (~$4.31 billion) in the financial year (FY)...

May 10, 2022

/

Gourav Mishra

/

Markets & Policy

,

Solar
thumbnail
NextEra’s Clean Energy Business Records Net Income of $628 Million in Q1 2022

The U.S.-based energy company NextEra Energy reported first-quarter earnings of $1,455 million, a year-over-year (YoY) increase of 9.3% compared to $1,330 million in...

April 26, 2022

/

Gourav Mishra

/

Finance and M&A

,

Other
thumbnail
NextEra Energy’s Net Income Jumps 22% YoY to $3.57 Billion in 2021

NextEra Energy, a U.S.-based energy company, has reported a net income of $3.57 billion for 2021, a 22% year-over-year increase compared to $2.91 billion last year. Its...

February 2, 2022

/

Harsh Shukla

/

Finance and M&A

,

Other

1

2

3

...

4