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Waaree Renewable Tech’s Profit Surges by 124% YoY in Q2 FY24

Waaree Renewable Technologies, the solar engineering, procurement, and construction (EPC) arm of the Waaree Group, posted a net profit of ₹182.9 million (~$2.2 million)...

October 27, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Azure Power Posts ₹4.48 Billion Revenue, 27% YoY Growth in Q3 FY 2022

Azure Power, an independent solar power producer, reported operating revenue of ₹4.48 billion (~$60.2 million) in the third quarter (Q3) of the fiscal year (FY) 2022, a...

March 2, 2022

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Harsh Shukla

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Finance and M&A

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Solar
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Tata Power’s Revenue Jumps 42% YoY to ₹110.15 Billion in Q3 FY 2022

Tata Power has recorded a revenue of ₹110.15 billion (~$1.47 billion) in the third quarter (Q3) of the financial year (FY) 2022, a 42% year-over-year (YoY) increase...

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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IndiGrid’s Revenue Jumps 32% YoY in Q3 FY 2022, Plans For More Solar Project Acquisitions

IndiGrid, the Indian power sector’s first infrastructure investment trust (InvIT), has reported a 32% year-over-year (YoY) growth to ₹5.70 billion (~$75.97 million) in...

January 28, 2022

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Harsh Shukla

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Other

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Renewable Energy
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Azure Power’s Revenue Increases 25% YoY to ₹4.38 Billion in Q2 FY 2022

Azure Power, an independent solar power producer, has reported a 25% year-over-year (YoY) increase in its operating revenue in the second quarter (Q2) of the financial...

December 13, 2021

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Harsh Shukla

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Finance and M&A

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Solar
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Array Tech to Acquire Solar Tracker Manufacturer STI Norland for $652 Million

Array Technologies, a U.S.-based solar tracking systems manufacturer, has signed an agreement to acquire Soluciones Técnicas Integrales Norland (STI Norland) for €570...

November 12, 2021

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Harsh Shukla

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Finance and M&A

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Solar
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Tata Power’s Renewable Portfolio Grows 10%, Revenue Inches Up to 13% YoY in Q2 FY 2022

Tata Power has recorded a revenue of ₹95.02 billion (~$1.26 billion) in the second quarter (Q2) of the financial year (FY) 2022, a 13% growth from ₹84.28 billion (~$1.12...

October 29, 2021

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Harsh Shukla

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Finance and M&A

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Solar
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Torrent Power’s Revenue Jumps 17% YoY to ₹36.48 Billion in Q2 FY 2021

Gujarat-based power generator Torrent Power has recorded a revenue of ₹36.48 billion (~$487.55 million) in the second quarter (Q2) of the financial year (FY) 2022, a 17%...

October 28, 2021

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Harsh Shukla

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Finance and M&A

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Other
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Azure Power Logs 13% YoY Growth in Revenue in Q1 FY 2022

Independent solar power producer Azure Power posted a 13% year-over-year (YoY) rise in its revenue in the first quarter (Q1) of the financial year (FY) 2022, driven by...

August 31, 2021

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Harsh Shukla

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Finance and M&A

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Solar
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Sterling and Wilson Solar’s Revenue Jumps 11.8% in Q1 FY 2022

Sterling and Wilson Solar, the solar engineering and construction arm of the Shapoorji Pallonji Group, has recorded a revenue of ₹11.95 billion (~$161.12 million) in the...

August 17, 2021

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Harsh Shukla

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Markets & Policy

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Solar
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Torrent Power’s Revenue Inches Up To ₹31 Billion In Q1 FY 2022

Gujarat-based power generation company Torrent Power declared its financial results for the first quarter (Q1) of the financial year (FY) 2022 and recorded a 3.05%...

August 9, 2021

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Harsh Shukla

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Finance and M&A

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Other
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Tata Power’s Solar EPC Business Drives Revenues Up in Q1 FY 2022

Tata Power declared its financial results for the first quarter (Q1) of the financial year (FY) 2022 and recorded a 47% growth in consolidated revenues to ₹98.31 billion...

August 9, 2021

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Harsh Shukla

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Finance and M&A

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Solar
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Adani Green’s Total Income Up by 23% YoY to ₹10.79 Billion in Q1 FY 2022

Renewable energy company Adani Green Energy Limited (AGEL) reported a total income of ₹10.79 billion (~$145.40 million) in the first quarter (Q1) of the financial year...

August 4, 2021

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Harsh Shukla

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Finance and M&A

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Solar
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Indian Energy Exchange’s Revenues Up by 20% YoY in FY 2021

The Indian Energy Exchange’s (IEX) revenue in financial year (FY) 2021 was up by nearly 20% and stood at ₹3.56 billion (~$48.48 million) compared to ₹2.97 billion...

May 18, 2021

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Rakesh Ranjan

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Grid

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Market & Policy
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Solar Tracking Company Array Technologies’ Net Profit Jumps 49% in 2020

Array Technologies, a U.S.-based solar tracking systems manufacturer, has reported a 49% increase in net profit with $59.07 million in 2020 from $39.74 million in 2019,...

March 12, 2021

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Harsh Shukla

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Markets & Policy

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Solar

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