loss

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Energy Storage Firm Fluence Cuts Q2 Loss to $37 Million on Higher Deployments

Energy storage technology and services provider Fluence’s net loss narrowed to $37.4 million for the second quarter (Q2) of the financial year (FY) 2023 from a loss of...

May 12, 2023

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Gourav Mishra

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Energy Storage

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Market & Policy
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Scatec’s Q1 Revenue Rises 21% to $87 Million on Higher Power Production

Norwegian independent power producer Scatec’s total revenue rose 21% year-over-year (YoY) to NOK919 million (~$87 million) for the first quarter (Q1) of the financial...

May 10, 2023

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Gourav Mishra

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Markets & Policy

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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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EV Charging Company ChargePoint Posts 93% Revenue Increase YoY in Q4

Electric vehicle (EV) charging solution provider ChargePoint’s net loss widened to $78 million for the fourth quarter (Q4) of the financial year (FY) 2022 from $60...

March 7, 2023

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Gourav Mishra

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Electric Vehicles

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Finance and M&A
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Eos Energy’s Q4 Loss Widens YoY to $56.6 Million on Higher Interest Expenses

The net loss of Eos Energy, a sustainable zinc-based energy storage solutions provider, widened to $56.6 million for the fourth quarter (Q4) of the financial year (FY)...

March 2, 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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Daily News Wrap-Up: NTPC REL Tenders 310 MW of Solar Projects

NTPC Renewable Energy (NTPC REL) has invited bids to develop 310 MW floating and ground-mounted solar projects at Damodar Valley Corporation (DVC) reservoirs. The tender...

February 24, 2023

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Mercom India

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Daily Wrap-up
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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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Strong Global Performance Drives Iberdrola’s Net Profit Up 12% in 2022

Spain-based independent power producer Iberdrola recorded a net profit of €4.3 billion (~$4.6 billion) in the calendar year (CY) 2022, an increase of 11.7%...

February 23, 2023

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Arjun Joshi

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Finance and M&A

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Other

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Renewable Energy
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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 Fluence’s Q1 Net Loss Narrows to $37 Million on Higher Orders

U.S.-based energy storage technology and services provider Fluence‘s net loss for the first quarter (Q1) of the financial year 2023 narrowed to $37 million...

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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Battery Maker Amara Raja’s Q3 Net Profit Rises 52% YoY on Robust Demand

Amara Raja Batteries recorded a net profit of ₹2.21 billion (~$27.09 million) in the third quarter (Q3) of the financial year (FY) 2022-23, a 52% YoY increase from ₹1.45...

January 30, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Sterling and Wilson’s Q3 Revenue Shrinks 73% YoY to ₹4.18 Billion

The total revenue of Sterling and Wilson Renewable Energy, the solar engineering, procurement, and construction (EPC) arm of Shapoorji Pollonji Group, fell by 73%...

January 20, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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EV Charging Company ChargePoint’s Q3 FY23 Loss Widens to $84.5 Million

Electric vehicle (EV) charging solution provider ChargePoint Holdings recorded a net loss of $84.5 million in the third quarter (Q3) of the fiscal year (FY) 2023,...

December 5, 2022

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Arjun Joshi

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Electric Vehicles

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Other
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Nordex’s 9M Net Loss Grows to €372 Million on Supply Chain Disruptions

Germany-based wind turbine manufacturer Nordex SE reported a net loss of €371.6 million (~$385.1 million) in the first nine months (9M) of the calendar year (CY) 2022,...

November 17, 2022

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Rakesh Ranjan

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Finance and M&A

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Other

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