SMA Solar's 9M Net Income Fell 29% On Large-Scale Project Delays

SMA Solar’s 9M Net Income Fell 29% on Large-Scale Project Delays

Germany-based solar equipment manufacturer SMA Solar Technology recorded a net income of €11 million (~$11.38 million) in the first nine months (9M) of 2022, a year-over-year (YoY) decline of 29% ...
/ / Other, Renewable Energy
Electric Two and Four-Wheeler Sales Increase 183% YoY in Q3 2022

Electric Two and Four-Wheeler Sales Increase 183% YoY in Q3 2022

Retail sales of electric vehicles (EVs) clocked 257,278 units in the third quarter (Q3) of the calendar year 2022. This represents a 183% year-over-year (YoY) growth compared to the 90,831 ...
Electric Vehicle Sales Up by 333% YoY In the First Half of 2022

Electric Vehicle Sales Up by 333% YoY In the First Half of 2022

Retail sales of electric vehicles (EVs) clocked 390,399 units in the first half (1H) of the calendar year 2022. This represents a 333% year-over-year (YoY) growth compared to the 90,102 ...
Electric Vehicles Sales Decline 20% YoY in FY 2020-21

Electric Vehicles Sales Decline 20% YoY in FY 2020-21

The Society of Manufacturers of Electric Vehicles (SMEV) has said 236,802 electric vehicles (EV) were sold in India in financial year (FY) 2020-21, registering a drop of 20% over the ...
/ / Electric Vehicles, Grid
Startups Expand Their Footprint in India’s EV Market_ Interview

Startups Expand Their Footprint in India’s EV Market: Interview

The electric vehicle (EV) sector in India expects high growth in the current year on the back of robust funding received by EV companies in 2020. Companies believe that demand ...
/ / Electric Vehicles, Grid
Meyer Burger Reports a Net Loss of CHF 64.47 Million in 2020

Meyer Burger Reports a Net Loss of CHF 64.47 Million in 2020

Meyer Burger, a Switzerland-based engineering company, has unveiled its plans to enter the U.S. solar market, intending to start solar cell sales in the second half of 2021. In June, ...
/ / Finance and M&A, Solar
Electric Two-Wheeler Sales Decline By 5.46% in 2020

Electric Two-Wheeler Sales Decline By 5.46% in 2020

The sale of electric two-wheelers (E-2W) in India stood at 25,735 in 2020, a 5.46% decline compared to 27,224 in 2019, the Society of Manufacturers of Electric Vehicles (SMEV) has ...
/ / Electric Vehicles, Grid
First Solar Reports 70% Year-Over-Year Increase in Net Sales in Q3 2020

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 from the same ...
72% YoY Rise in Registrations for Electric Two-Wheelers in September 2020

72% YoY Rise in Registrations for Electric Two-Wheelers in September 2020

India's electric two-wheeler industry is showing signs of revival, the latest report by the Society of Manufacturers of Electric Vehicles (SMEV) suggests. The registration of high-speed electric two-wheelers (E-2W) stood ...
/ / Electric Vehicles, Grid