Q1 2021

India’s Solar and Wind Generation in Q1, 2021, Versus Q1, 2020 Results for Solar, Wind Generation

We believe it is time the focus on solar and wind shifted to generation, not just capacity building. Because generation is eventually what matters, what contributes to carbon emissions reductions. And yes, finally, dependable data on the subject is available, thanks to the much more timely CEA, as well as options like the India Renewables […]

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US Deploys 910 MWh of Energy Storage with 225% Increase in Q1

In a sign that energy storage systems continue to make strong progress in the country, the US marked the biggest Q1 2021 (quarter one) deployments so far for its energy storage market. According to a report from Wood Mackenzie and the U.S. Energy Storage Association (ESA), the US added 910 MWh (megawatt-hours) of new energy […]

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First Solar Records $803 Million in Net Sales in Q1 2021

American solar technology company, First Solar has released its first-quarter (Q1) 2021 financial results, showing that the company has recorded net sales of USD 803 million with an increase of USD 194 million from the prior quarter. First Solar says that this has resulted primarily due to an increase in systems revenue driven by U.S. […]

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Adani Green Reports Strong Q1 2021, Moves Closer to 25 GW by 2025 Target

Adani Green Energy Ltd. (AGEL) has announced the financial results, reporting a strong Q1 for FY 2021, for the quarter ended June 30, 2020. Adani Green Energy Ltd. (AGEL), a part of the Adani Group, has announced the financial results reporting a strong Q1 for FY 2021, for the quarter ended June 30, 2020. The […]

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Suzlon Reports net Loss of Rs 399 Crore, Firm Still Positive

Suzlon has reported that its net loss has widened to Rs 399 crore, but the Group and its key executives are positive the firm will bounce book soon. Suzlon Group, one of India’s largest renewable energy solutions providers has announced its first-quarter results for the financial year 2020-21 (Q1 FY21). The firm has reported that […]

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Azure Power Reports Q1 Financial Results, Revenue of Rs 394 Crore

Azure Power has announced its consolidated results for Q1 2021, reporting revenue of Rs 394 crore for the quarter, an increase of 16 percent YoY. Azure Power Global Limited, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal first […]

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