financial-results

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Bloom Energy Records $357 Million in Q4 Revenue, a 22.8% YoY Decline

Fuel cell manufacturer Bloom Energy, in the fourth quarter (Q4) of 2023, recorded a revenue of $357 million, marking a 22.8% year-over-year (YoY) decline from $462.6...

February 19, 2024

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Gautamee Hazarika

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Energy Efficiency

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Markets & Policy
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Captive Segment Growth Drives KPI Green’s Profit Up 47% YoY in Q3 FY24

Renewable energy solutions provider KPI Green Energy posted a net profit of ₹506.09 million (~$6.09 million) in the third quarter (Q3) of the financial year (FY) 2023-24,...

February 16, 2024

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Arjun Joshi

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Other

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Renewable Energy
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SJVN’s Q3 Net Profit Plunges 52% as Hydropower Generation Drops

SJVN has recorded a net profit of ₹1.39 billion (~$16.74 million) during the third quarter (Q3) of the financial year (FY) 2023-24, a year-over-year (YoY) decrease of 51....

February 13, 2024

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Arjun Joshi

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Other

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Renewable Energy
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PFC Posts ₹63 Billion Net Profit in Q3 FY2024, Loan Assets Rise 18.5% YoY

Government-owned Power Finance Corporation (PFC) recorded a net profit of ₹62.94 billion (~$758 million) during the third quarter (Q3) of the financial year (FY) of 2024,...

February 12, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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Tata Power Reports Net Profit for 17th Consecutive Quarter in Q3 FY 2024

Tata Power, an integrated power company, recorded a net profit of ₹10.76 billion (~$129.6 million) in the third quarter (Q3) of the financial year (FY) 2024, a growth of...

February 12, 2024

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Gautamee Hazarika

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Market & Policy

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Renewable Energy
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Torrent Power’s Q3 Profit Falls 46% YoY to ₹3.74 Billion As Fuel Expenses Surge

Gujarat-based power company Torrent Power recorded a profit after tax (PAT) of  ₹3.74 billion (~$45.05 million) for the third quarter (Q3) of the financial year (FY)...

February 9, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Lower Finance Costs Drive Suzlon’s Q3 Profit Up 160% YoY to ₹2.03 Billion

Wind turbine manufacturer Suzlon Energy recorded a total income ₹15.7 billion (~$189.04 million) during the third quarter (Q3) of the financial year (FY) 2024, an...

January 31, 2024

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Arjun Joshi

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Other

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Renewable Energy
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IndiGrid’s Q3 FY 2024 Profits Down 23% YoY to $919 Million

India Grid Trust (IndiGrid), a power infrastructure investment trust, has recorded a profit of ₹919.21 million (~$11.05 million) during the third quarter (Q3) of the...

January 29, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Wind Turbine Manufacturer Nordex Records 15.7% YoY Surge in Sales

Germany-based wind turbine manufacturer Nordex Group reported €4.48 billion (~$4.8 billion) in sales during the first nine months (9M) of 2023, a year-over-year (YoY)...

November 22, 2023

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Gautamee Hazarika

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Markets & Policy

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Wind
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Higher Plant Load Factor Takes ReNew’s Profit Up 28% YoY in Q2 FY24

Independent renewable power producer ReNew recorded a net revenue of ₹28.6 billion (~$345 million) for the second quarter (Q2) of the financial year (FY) 2023-24, a...

November 20, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Maxeon Solar’s Q3 Revenue Falls 17% YoY

Solar module manufacturer Maxeon Solar Technologies recorded a revenue of $227.6 million during the third quarter (Q3) of the financial year (FY) 2023, a decrease of 17%...

November 17, 2023

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Arjun Joshi

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Other

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Renewable Energy
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REC Silicon’s Q3 Revenue Falls 5% YoY as Polysilicon Prices Drop

Norway-based polysilicon manufacturer REC Silicon reported a revenue of $34.8 million in the third quarter (Q3) of 2023, a 5% year-over-year (YoY) decrease from $36.7...

November 16, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Quality Issues in Wind Turbines Result in Losses for Siemens Gamesa

Spain-based wind turbine maker Siemens Gamesa’s net loss stood at €664 million (~$721 million) during the fourth quarter (Q4) of the financial year (FY) 2023, a...

November 15, 2023

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Arjun Joshi

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Other

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Renewable Energy
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SJVN Revenue for Q2 FY24 Up 3% YoY, Hydropower Generation Marginally Drops

SJVN has recorded a revenue of ₹9.53 billion (~$114.4 million) during the second quarter (Q2) of the financial year (FY) 2023-24, a year-over-year (YoY) increase of 3%...

November 14, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Tracker Firm FTC Solar’s Net Loss Narrows by 34% YoY as Product Margins Improve

U.S.-based solar tracker systems provider FTC Solar‘s net loss of $16.94 million during the third quarter (Q3) of the financial year (FY) 2023, a year-over-year (YoY)...

November 13, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar

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