quarterly

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India Added 1.2 GW Wind Capacity in Q1 2024, 56% YoY Increase

India added 1.2 GW of new wind energy capacity in the first quarter (Q1) of 2024, a 56% YoY surge from 737.9 MW, according to Mercom India Research. The cumulative wind...

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India Registers 56% Growth in Wind Installations, Adds 2.8 GW in 2023

India installed 2.8 GW of new wind energy capacity in 2023, a ~56% surge from 1.8 GW in 2022. The cumulative wind capacity as of December 2023 stood at 44.7 GW, compared...

March 13, 2024

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Joydeep Sinha Roy

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Mercom Research Focus

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Wind
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India’s Wind Energy Installations Fall 53% YoY in Q3 2023

India added 412 MW of wind power capacity in the third quarter (Q3) of the calendar year 2023, representing a 53% year-over-year (YoY) dip, according to Mercom India...

November 7, 2023

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Staff

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Mercom Research Focus

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Wind
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JSW Energy’s Q3 Profit Dips 45% YoY to ₹1.8 Billion

JSW Energy, an independent power producer, posted a 45% year-over-year (YoY) drop in its profit at ₹1.8 billion (~$22.2 million) for the third quarter (Q3) of the...

January 23, 2023

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Gourav Mishra

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Finance and M&A

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Other
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Canadian Solar’s Revenue Up 62% YoY, Driven by Higher Module and Battery Storage Shipments

Solar photovoltaic module manufacturer Canadian Solar posted revenue of $2.31 billion for the second quarter (Q2) of the calendar year 2022, up by 61.54% year-over-year...

August 22, 2022

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Gourav Mishra

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Finance and M&A

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Solar
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ChargePoint’s Revenue Leaps 102% YoY to $86 Million in Q1 2022

Electric vehicle (EV) charging network company ChargePoint Holdings recorded revenue of $86 million in the first quarter (Q1) of 2022, a year-over-year (YoY) growth of...

June 2, 2022

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Gourav Mishra

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Electric Vehicles

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Grid
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REC Silicon’s Revenue Surged 23% YoY to $34.6 Million in Q1 2022

U.S.-based producer of advanced silicon materials REC Silicon recorded revenue of $34.6 million in Q1 2022, a year-over-year (YoY leap of 23% from $28.1 million in the...

May 30, 2022

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Gourav Mishra

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Other

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Renewable Energy
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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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First Solar Reports 70% Year-Over-Year Increase in Net Sales in Q3 2020

U.S.-based solar panel manufacturer First Solar announced that its net sales in the third quarter of 2020 (Q3 2020) stood at $928 million, up over 70% or $381 million...

November 4, 2020

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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 Profit Falls 63% YoY in Q1 FY 2021

Sterling and Wilson Solar Limited (SWSL), a solar engineering, procurement, and construction (EPC) company, reported a 63% fall in profits year over year (YoY) during...

September 17, 2020

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Nithin Thomas

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Markets & Policy

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Solar
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Tata Power Registers 10% Rise in Net Profits, 11% Dip in Revenue in Q1 2021

Tata Power announced its earnings for the quarter ended June 30, 2020 (Q1 2021), and posted a net profit of ₹2.68 billion (~$35.9 million), a 10.3% increase from ₹2.43...

August 13, 2020

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Nithin Thomas

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Finance and M&A

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Solar
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Newly Operational Projects Take Adani Green’s Revenue Up by 24% in FY 2020

Adani Green Energy Limited (AGEL), the green energy wing of the Adani Group, announced that its revenue rose 24% to ₹25.49 billion (~$339.8 million) in the financial...

May 6, 2020

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Nithin Thomas

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Markets & Policy

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Solar
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Adani Power Reports ₹22.75 Billion in Losses During FY 2019-20

Adani Power Limited (APL), India’s largest private power generator, reported that its consolidated loss after tax widened to ₹22.75 billion (₹301.1 million) in the...

April 29, 2020

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Nithin Thomas

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Manufacturing

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Solar

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