financial

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Freight Charges and Bottlenecks Bring First Solar’s Net Sales Down by 7% in Q3 2021

First Solar, a U.S.-based manufacturer of solar modules, has released its financial results for the third quarter of 2021 (Q3 2021). The firm’s net sales in Q3 2021...

November 9, 2021

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Arjun Joshi

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Finance and M&A

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Solar
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Meyer Burger Reports a Net Loss of CHF 64.47 Million in 2020

Meyer Burger, a Switzerland-based engineering company, has unveiled its plans to enter the U.S. solar market, intending to start solar cell sales in the second half of...

March 15, 2021

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Harsh Shukla

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Finance and M&A

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Solar
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Distributed Solar Company Fourth Partner Enters JV With Indonesian Energy Company

Distributed solar company, Fourth Partner Energy, has announced a joint venture (JV) – Empat Mitra Indika Tenaga Surya – with Indonesia-based energy company Indika...

March 5, 2021

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Nithin Thomas

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Finance and M&A

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Solar
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Sterling and Wilson and Enel X Partner to Provide EV Charging Infrastructure

Sterling and Wilson, Mumbai-based engineering, procurement, and construction company, has signed a joint venture (JV) agreement with U.S.-based energy solutions...

February 28, 2021

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Nithin Thomas

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Electric Vehicles

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Grid
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Residential Solar Company Sunrun Installs Over 600 MW of Solar in 2020

U.S.-based residential solar, storage, and energy services provider Sunrun has announced that its total revenue in the fourth quarter of 2020 (Q4 2020) stood at $320.4...

February 26, 2021

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Nithin Thomas

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Finance and M&A

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Solar
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First Solar Reports 56% Year-Over-Year Slide in Net Sales in Q4 2020

U.S.-based solar module maker First Solar has announced that its net sales in the fourth quarter of 2020 (Q4 2020) stood at $609.2 million, down 56% from about $1.4...

February 26, 2021

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Nithin Thomas

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Finance and M&A

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Solar
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SolarEdge’s Revenue Inches Up in the Final Quarter of 2020

SolarEdge Technologies, an Israel-based solar inverter provider, announced that its revenue in the fourth quarter of the year ended December 31, 2020 (Q4 2020) was up 6%...

February 19, 2021

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Nithin Thomas

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Finance and M&A

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Solar
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Sterling and Wilson Solar’s Revenue Up 22% in Q3 FY 2021

Sterling and Wilson Solar’s (SWSL) revenue from operations stood at ₹13.11 billion (~$180.8 million) in the third quarter (Q3) of the financial year 2021 (FY 2021), up...

February 15, 2021

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Nithin Thomas

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Finance and M&A

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Solar
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Azure Power Posts 15.6% Rise in Revenue in Q3 FY 2021 Due to Higher Operational Capacity

Azure Power posted a 15.6% rise in its revenue in the third quarter (Q3) of the financial year 2021 (FY 2021) on the back of an increase in its operational capacity. The...

February 11, 2021

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Nithin Thomas

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Finance and M&A

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Solar
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REC Limited’s Net Profit Hits All-Time High in Q3 FY 2021

REC Limited has announced that it has registered a net profit of ₹22.6 billion (~$310.9 million) in the third quarter (Q3) of the financial year (FY) 2021, an increase...

February 9, 2021

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Nithin Thomas

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Finance and M&A

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Other
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Tata Power Reports 8% Rise in Total Revenue, 22.3% Increase in Profits

Tata Power has said its total revenue in the third quarter (Q3) of the financial year 2021 (FY 2021) stood at ₹77.4 billion (~$1.06 billion), up 8% from ₹71.7 billion...

February 9, 2021

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Nithin Thomas

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Finance and M&A

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Other
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Adani Green Posts 31% Revenue Growth YoY in Q3 FY 2021 as Solar Sales, Capacity Soar

Adani Green Energy Limited (AGEL) reported a 61% rise in total income in Q3 2021 compared to the same quarter the previous year. During the quarter, AGEL earned ₹8.43...

February 4, 2021

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Nithin Thomas

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Finance and M&A

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Solar
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Solar Developer ReneSola Reports Net Revenue of $9.7 Million in Q3 2020

ReneSola, a Shanghai-based solar project developer and operator, posted that its net revenue stood at $9.7 million in the third quarter of 2020 (Q3 2020), down over 85%...

December 3, 2020

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Nithin Thomas

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Markets & Policy

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Solar
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China’s Solar Polysilicon Manufacturer Daqo Reports 150% Rise in Gross Profit in Q3 2020

China-based Daqo New Energy Corporation announced that its gross profit stood at $45.3 million in the third quarter or 2020 (Q3 2020), up over 150% from $18.1 million in...

November 26, 2020

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Nithin Thomas

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Finance and M&A

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Solar
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Suzlon Reports ₹6.75 Billion Net Profit in Q2 After Debt Restructuring

Pune-based wind turbine manufacturer Suzlon Energy Limited reported a net profit of ₹6.75 billion (~$91.6 million), a turnaround from last year’s net loss of ₹7.78...

November 13, 2020

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Rakesh Ranjan

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Wind

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