quarterly-results

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Iron Flow Battery Maker ESS Tech’s Q4 Net Loss Narrows

Manufacturer of long-duration iron-flow batteries, ESS Tech, recorded a net loss of $25 million in the fourth quarter (Q4) of 2022, a year-on-year improvement of 86.12%...

March 3, 2023

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Gautamee Hazarika

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Energy Storage

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Finance and M&A
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Tracker Systems Provider FTC Solar’s Loss Narrows by 14% YoY in 2022

United States-based solar tracker systems provider FTC Solar posted a net loss of $20.5 million in the fourth quarter (Q4) of 2022, a year-on-year (YoY) improvement of...

March 2, 2023

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Gautamee Hazarika

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Finance and M&A

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Solar
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Shoals Technologies Swings to $118 Million Profit in Q4 2022

Manufacturer of electrical balance of systems (EBOS) for solar, energy storage, and eMobility Shoals Technologies Group recorded a net profit of $118.3 million in the...

March 1, 2023

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Gautamee Hazarika

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Finance and M&A

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Solar
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Inox Wind’s Q3 Net Loss Widens to ₹2.8 Billion

Wind energy solutions provider Inox Wind’s loss widened to ₹2.8 billion (~$34.7 million) for the third quarter (Q3) of the financial year (FY) 2023, as against ₹639.5...

February 23, 2023

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Gautamee Hazarika

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Finance and M&A

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Wind
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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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SJVN’s Q3 Profit Jumps 22% to ₹2.9 Billion on Income from Equity Transfer

Government-owned power producer SJVN posted a profit of ₹2.87 billion (~$34.7 million) for the third quarter (Q3) of the financial year (FY) 2022-23, an increase of 22%...

February 8, 2023

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Gautamee Hazarika

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Finance and M&A

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Other

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Renewable Energy

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Solar

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Wind
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Scatec Posts $42 Million Loss in Q4 as Laos Projects Underperform

Norwegian independent power producer Scatec swung into a net loss of NOK 433 million (~$42 million) in the fourth quarter (Q4) of 2022, compared with a profit of NOK 136...

February 7, 2023

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Gautamee Hazarika

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Finance and M&A

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Other

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Renewable Energy
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Wind Developer Orsted Swings to $48.2 Million Loss in Q4 Due to Project Delays

Denmark-based wind developer Orsted swung into a loss of DKK 329 million (~$48.19 million) in the fourth quarter (Q4) of the financial year (FY) 2022, compared with a...

February 2, 2023

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Gautamee Hazarika

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Finance and M&A

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Wind
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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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ReneSola Power’s Q3 Net Income Jumps Four-fold to $3 Million on China Assets

Solar project developer ReneSola Power posted a net income of $3 million for the third quarter (Q3) of 2022, an over four-fold jump year-on-year (YoY) from $711,000. The...

December 5, 2022

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Gautamee Hazarika

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Finance and M&A

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Solar
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Soltec Power Swings to €14.5 Million Profit in Q3 on Better Demand

Solar tracker maker Soltec Power Holdings swung to a net profit of €14.5 million ($15.1 million) in the third quarter (Q3) of FY 2022, against a loss of €0.1 million...

November 17, 2022

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Gautamee Hazarika

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Finance and M&A

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Solar
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Solar Glass Manufacturer Borosil Renewables’ Profit Dips by 29% YoY in Q2 FY23

Borosil Renewables, an India-based solar-glass manufacturer, recorded a profit after tax of ₹241.89 million ($2.97 million) for the second quarter (Q2) of the financial...

November 16, 2022

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Gautamee Hazarika

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Finance and M&A

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Solar
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Shoals Technologies’ Q3 Net Income Soars 142%

Manufacturer of the solar balance of system (BOS) components Shoals Technologies Group recorded a net income of $12.9 million in the third quarter (Q3) of FY 2022, a...

November 15, 2022

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Gautamee Hazarika

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Finance and M&A

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Solar
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Siemens Gamesa Posts Net Profit of €286 Million in Q4 FY22

Spain-based wind engineering company Siemens Gamesa Renewable Energy reported a profit of €286 million ($293.34 million) in the fourth quarter (Q4) of the fiscal year...

November 14, 2022

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Gautamee Hazarika

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Finance and M&A

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Wind
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Atlantica’s Renewables Business Revenue Dips 8.54% YoY in Q3 2022

UK-headquartered Atlantica Sustainable Infrastructure’s renewable business recorded a revenue of $232.42 million in the third quarter (Q3) of 2022, a year-over-year...

November 11, 2022

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Gautamee Hazarika

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Other

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Renewable Energy

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