solar-tracker

thumbnail
Nextracker Q4 Net Income Soars 710%, Revenue Up 42% on Robust Demand

Solar tracker firm Nextracker‘s fourth-quarter revenue jumped 42% to $737 million in financial year (FY) 2024 from $518 million last year, reflecting robust demand...

May 16, 2024

/

Arshreet Singh

/

Finance and M&A

,

Solar
thumbnail
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

/

Gautamee Hazarika

/

Markets & Policy

,

Solar
thumbnail
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

/

Gautamee Hazarika

/

Markets & Policy

,

Solar
thumbnail
Nextracker’s Q3 Revenue Up 38% YoY on Higher Deliveries in US

Solar tracker firm Nextracker reported a 38% year-over-year (YoY) jump in its revenue for the third quarter (Q3) of the financial year (FY) 2023-24, helped by higher...

February 5, 2024

/

Arshreet Singh

/

Finance and M&A
thumbnail
India’s Top Five Solar Tenders in 2023 [Infographics]

According to Mercom India Research, nearly 51 GW of solar tenders were floated in 2023. Here is a curated list of top solar tenders from the year: The largest tender...

December 28, 2023

/

Gautamee Hazarika

/

Mercom Research Focus

,

Solar

,

Tenders & Auctions
thumbnail
Soltec Power Holdings Gains Momentum as Q2 Losses Drop by 50%

Solar tracker manufacturer Soltec Power Holdings recorded a net loss of €4.8 million (~$5.05 million) during the second quarter (Q2) 2023, a year-over-year (YoY)...

September 28, 2023

/

Gautamee Hazarika

/

Markets & Policy

,

Solar
thumbnail
Solar Tracker Firm Array Technologies’ Turnaround Continues in Q2 2023

United States-based utility-scale solar tracker company Array Technologies recorded a net profit of $64.81 million during the second quarter (Q2) of the financial year...

August 9, 2023

/

Gautamee Hazarika

/

Markets & Policy

,

Solar
thumbnail
Daily News Wrap-Up: Adani Unveils India’s First Large Monocrystalline Silicon Ingot

Here are some noteworthy cleantech announcements of the day from around the world: Adani Solar has introduced India’s first large monocrystalline silicon ingot at...

December 22, 2022

/

Arjun Joshi

/

Other

,

Renewable Energy
thumbnail
FTC Solar’s Q3 Loss Widens to $25.6 Million

U.S.-based solar tracker systems provider FTC Solar’s Q3 GAAP (generally accepted accounting principles) net loss widened to $25.6 million compared to $22.9...

November 10, 2022

/

Gourav Mishra

/

Finance and M&A

,

Solar
thumbnail
Array Technologies Swings to Profit in Q3 on Higher Sales Volume and Prices

Solar tracker manufacturer Array Technologies swung to profit in the third quarter (Q3) of 2022 on the back of strong growth in sales volume and prices. The company’s...

November 9, 2022

/

Sumit Jha

/

Finance and M&A

,

Solar
thumbnail
Solar Tracker Provider Array Technologies’ Revenue Up by 63% in 1H 2022

U.S.-based solar tracking systems provider Array Technologies has announced the financial results for the first half (1H) and the second quarter (Q2) of the calendar...

August 10, 2022

/

Rakesh Ranjan

/

Finance and M&A

,

Solar
thumbnail
Array Tech to Acquire Solar Tracker Manufacturer STI Norland for $652 Million

Array Technologies, a U.S.-based solar tracking systems manufacturer, has signed an agreement to acquire Soluciones Técnicas Integrales Norland (STI Norland) for €570...

November 12, 2021

/

Harsh Shukla

/

Finance and M&A

,

Solar
thumbnail
Daily News Wrap-Up: Indian Railways to Entirely Run on Renewable Energy by 2030

Here are some noteworthy cleantech announcements of the day from around the world: Union Minister of Railways Piyush Goyal has said that the entire Indian rail network...

March 4, 2021

/

Harsh Shukla

/

Other

,

Renewable Energy
thumbnail
Daily News Wrap-Up: This Solar Oyster Production System Can Help Reduce Nitrogen in Water

Here are some noteworthy cleantech announcements of the day from around the world: Bayer has signed a 10-year power purchase agreement with Iberdrola to procure clean...

November 19, 2020

/

Harsh Shukla

/

Other

,

Renewable Energy

1

...

1

Get the most relevant India solar and clean energy news.

RECENT POSTS