SolarEdge Reports $310.1 Mn Revenue From Solar Business in Q2 Updated On Tue, Aug 4th, 2020 by Saurenergy SolarEdge has announced its financial results for Q2 2020. The Company reported revenues of USD 310.1 million through its solar business. SolarEdge Technologies, a global leader in smart energy technology, has announced its financial results for the second quarter (Q2) ended June 30, 2020. The Company reported revenues of USD 331.9 million for the quarter, […] Read more
SolarEdge Posts Record Revenue at $431.2 Mn in Q1; Driven by Solar Biz Updated On Thu, May 7th, 2020 by Saurenergy Israel-based smart energy technology specialist, SolarEdge Technologies (SolarEdge) has reported its robust total revenue jumped by 59 percent at USD 431.2 million in the first quarter of 2020 from USD 271.9 million last year, mainly on account of record revenue from the solar business. Moreover, it’s net diluted earnings per share (EPS) during the quarter […] Read more
SolarEdge Q3 Revenue Surges 74% to $410.6 Mn Updated On Fri, Nov 8th, 2019 by Saurenergy SolarEdge revenues for the solar business jumped by 66 percent to USD 387.8 million, from USD 233.8 million in the same quarter previous year. Israel-based inverter solutions provider SolarEdge Technologies has reported a significant growth of 74 percent in its total revenue at USD 410.6 million during the third quarter of FY 2019, as against USD […] Read more
SolarEdge Q4 Revenue Jumps 39% to $263.7 Mn Updated On Thu, Feb 21st, 2019 by Saurenergy However, the company’s net income dropped 34% in Q4 at USD 12.9 million, from USD 19.5 million in the same period a year ago. Israel-based inverter solutions provider SolarEdge Technologies has reported a significant growth of 39 percent in its total revenue at USD 263.7 million during the fourth quarter of FY 2018, as against USD […] Read more
BMTC Plans to Create New Revenue Model, Generate Solar Power Updated On Fri, Jun 15th, 2018 by Saurenergy We have had talks with a few solar project developers. The corporation has also written to Bescom and Karnataka Electricity Regulatory Commission (KERC). In order to create a new revenue model and continuing with its core business of running public transport, Bengaluru Metropolitan Transport Corporation (BMTC) is contemplating to generate solar power. In the city of […] Read more
SolarEdge Revenue Surges 82% at $209.9 Mn in Q1 Updated On Fri, May 11th, 2018 by Saurenergy Strong first quarter results with record revenues and record profitability, despite the traditional seasonal slowdown and continued industry wide components shortages, says Guy Sella. Israel-based inverter solutions provider SolarEdge Technologies reported its robust total revenue jumped by 82 percent at USD 209.9 million in the first quarter of 2018 from USD 115.1 million last year, and rose 11 […] Read more
Grundfos Eyes on Solar, Smart Pumps to Double India Revenue Updated On Fri, Apr 27th, 2018 by Saurenergy Grundfos is using energy efficient, IT-enabled offerings from its Danish parent’s portfolio. That is apart from the locally-developed solar pumps that are available in Indian market. In a bid to double its revenue to Rs 1,000 Crore, Grundfos India Ltd is expanding its network by betting big on ‘Make in India’ solar pump for rural […] Read more
L&T Q3 Profit Jumps 53%; Gross Revenue up 9.4%; Bags Solar Orders Updated On Tue, Feb 20th, 2018 by Saurenergy The company has secured a major order from the domestic market for EPC construction of 250MW (AC) Solar Plant in Rewa district of Madhya Pradesh. India’s largest construction and engineering firm, Larsen & Toubro Ltd, has reported impressive growth of 53 per cent in its consolidated net profit after taxes (PAT) at Rs 1,490 crore for […] Read more
Canadian Solar Cuts Q4 Revenue Guidance Due to Delayed Project Sale Updated On Mon, Jan 15th, 2018 by Saurenergy Canadian Solar noted that in September and October 2017, it had entered into definitive agreements with two buyers to sell a portfolio of six solar power projects in California, totaling 703 MWp. Canadian Solar Inc has lowered revenue projections for the fourth quarter and full year 2017 due to a delay in completing the sale […] Read more
