net-loss

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FTC Solar Expects Revenue Rebound as Q1 2024 Losses Shrink

U.S.-based solar tracker systems provider FTC Solar‘s net loss narrowed to $8.8 million during the first quarter (Q1) of 2024 from a loss of ₹11.8 million a year...

May 14, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Bloom Eyes Opportunities in Data Centers as Net Loss Narrows

Fuel cell manufacturer Bloom Energy recorded a revenue of $235.3 million in the first quarter (Q1) of 2024, a 14.5% year-over-year (YoY) decline from $275.2 million. The...

May 14, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Flux Power’s Q3 Net Loss Up 83% YoY as Operating Expenses Rise

Lithium-ion storage solutions provider Flux Power Holdings’ net loss for the third quarter (Q3) of the financial year (FY) 2023-24 widened 83% year-over-year (YoY)...

May 10, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Sunnova Energy’s Net Loss Shrinks by 18% to $90 Million in Q1 2024

U.S.-based residential solar firm Sunnova Energy’s net loss for the quarter ending March 31, 2024, stood at $90.1 million, recording a year-over-year (YoY) improvement...

May 7, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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FTC Solar Q4 2023 Net Loss Narrows by 45.3% YoY to $11.2 Million

U.S.-based solar tracker systems provider FTC Solar’s net loss for the fourth quarter (Q4) in 2023 amounted to $11.2 million, an improvement of 45.3% year over year...

March 14, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Ballard Power Systems’s Loss Up 77% to $48.9 Million

Fuel cell manufacturer Ballard Power Systems has reported a net loss of $48.9 million in the fourth quarter (Q4) of 2023, an increase of 77.17% year-over-year (YoY) from...

March 13, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Battery Tech Company Solid Power’s Net Loss Widens by 586% in 2023

Solid Power, which develops all-solid-state battery technology for electric vehicles (EV), recorded a net loss of $65.55 million during 2023, a 586.3% year-over-year...

February 29, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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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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Strong Domestic EPC Operations Lowers Sterling and Wilson’s Q3 Net Loss

The engineering, procurement, and construction (EPC) arm of Shapoorji Pallonji Group, Sterling and Wilson Renewable Energy’s consolidated net loss reduced by 37%...

January 19, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Fluence Energy Records First-Time Profits as Net Income Surges 91.4% in Q4

Energy storage technology and solutions provider Fluence Energy recorded a net income of $4.82 million for the fourth quarter (Q4) of the fiscal year (FY) 2022-23, a...

December 1, 2023

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Gautamee Hazarika

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Energy Storage

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Market & Policy
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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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Canadian Solar’s Net Income Drops 71% As Module Prices Decline

Solar module maker Canadian Solar‘s net income in the third quarter (Q3) of 2023 was recorded at $22 million, a year-over-year (YoY) decrease of 71% from $78 million....

November 15, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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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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Sunnova’s Q3 Loss Jumps 75% YoY to $56.5 Million, as Operating Expenses Mount

U.S.-based residential solar firm Sunnova reported a net loss of $56.5 million in the third quarter (Q3) of the year, an increase of 74.9% year-over-year (YoY) in...

October 27, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar

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