net-income

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Shoals’ Q4 Revenue Surges by 38%, Driven by Higher Sales

Shoals Technologies Group, a manufacturer of electrical balance of systems (EBOS) for solar, energy storage, and eMobility reported a net income of $16.6 million during...

March 1, 2024

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Gautamee Hazarika

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Markets & Policy

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Other

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Renewable Energy
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Tesla’s Net Income in 2023 Drops 23%, Energy Storage Deployments Surge 125%

U.S.-based electric vehicle (EV) maker Tesla reported a net income of $2.4 billion in the fourth quarter (Q4) of the financial year (FY) 2023, a 39% year-over-year (YoY)...

January 25, 2024

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Gautamee Hazarika

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Electric Vehicles

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Energy Storage

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Market & Policy
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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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SMA Solar’s Q3 Net Income Soars to $82 Million, Up 256% YoY

Germany-based solar energy equipment supplier SMA Solar Technology reported a net income of €76.94 million (~$82 million) during the third quarter (Q3) of 2023, a...

November 10, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Shoals Technologies Sees Q3 2023 Financial Setback with $9.8 Million Net Loss

Shoals Technologies Group, a manufacturer of electrical balance of systems (EBOS) for solar, energy storage, and eMobility reported a net loss of $9.8 million for the...

November 9, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Amara Raja’s Q2 FY24 Profit Up 12.5% YoY as Sales Volume Grows

Amara Raja Energy & Mobility recorded a profit of ₹2.26 billion (~$27.1 million) during the second quarter (Q2) of the financial year (FY) 2024, a year-over-year...

November 3, 2023

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Gautamee Hazarika

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Energy Storage

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Markets & Policy
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Daqo New Energy’s Q2 Net Income Plunges 83.5% YoY as Polysilicon Prices Drop

China-based photovoltaic (PV)-grade polysilicon manufacturer Daqo New Energy Corporation, in the second quarter (Q2) of the financial year (FY) 2023, reported a net...

August 4, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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First Solar’s Q2 Net Income Surges 205% YoY on Increased Module Sales

U.S.-based solar module manufacturer First Solar recorded a net income of $170.58 million in the second quarter (Q2) of 2023, an increase of 205% year-over-year (YoY)...

July 28, 2023

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Rakesh Ranjan

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Finance and M&A

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Solar
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Iberdrola’s Q1 Profit Soars 40% to $1.6 Billion on Higher Demand in Europe

Spain-based independent power producer Iberdrola recorded a net profit of €1.5 billion (~$1.6 billion) for the first quarter (Q1) of the financial year (FY) 2023, an...

May 2, 2023

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Gautamee Hazarika

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Markets & Policy

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Other

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Renewable Energy
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First Solar Swings into Net Income of $43 Million in Q1 on Higher Sales

U.S.-based solar module manufacturer First Solar recorded a net income of $42.6 million in the first quarter (Q1) of the financial year (FY) 2023, compared to a net loss...

April 28, 2023

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Arjun Joshi

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Other

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Renewable Energy
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NextEra’s Clean Energy Business’ Net Income Up 17% YoY in Q4 2022

The U.S.-based energy company NextEra Energy reported a net income of $1.52 billion for the fourth quarter (Q4) of 2022, up by 26.41% year-over-year (YoY), driven...

January 27, 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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Increased N-Type Module Shipments Push Jinko Solar’s Q3 2022 Revenue Up 128% YoY

Chinese cell and module manufacturer Jinko Solar’s revenue for the third quarter (Q3) of 2022 rose to RMB19.52 billion (~$2.74 billion), increasing by 127.8%...

October 31, 2022

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Rakesh Ranjan

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Markets & Policy

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Solar
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TotalEnergies’ Consolidated Net Income Up 127% YoY With $2.29 Billion in Q2 2021

TotalEnergies, a French oil and gas major, announced the results for the second quarter (Q2) of 2021 and the first half (1 H) of 2021. The company’s consolidated...

July 30, 2021

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Rakesh Ranjan

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Finance and M&A

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Other

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