Global Wind Firm Vestas’ Revenue Plunges 5.2% YoY Amid ‘Geopolitical Volatility’ Updated On Fri, May 3rd, 2024 by Saurenergy Global Wind Energy company Vestas has released its Q1 figures as it generated revenue of EUR 2,681million witnessing a decrease of 5.2 percent compared to the year-earlier period. Vestas also outlined that continued geopolitical volatility is expected to cause uncertainty in 2024 and that profitability should also continue to improve gradually but will still be […] Read more
Trina Solar’s 2023- Module Shipments of 65 GW, 20 GW of Mounting Systems and 5 GWh ESS Updated On Thu, May 2nd, 2024 by Saurenergy Leading solar player Trina Solar, which has a strong presence across the supply chain from modules to trackers to mounting systems and ESS, announced its financial results for 2023 and the first quarter of 2024 . The company reported revenue of $16.09 billion (RMB 113.392 billion) for 2023, 27.26% more than in 2022. The final […] Read more
FY24: REC Ltd Reports 125% Jump In Sanctions For Solar Projects Updated On Tue, Apr 30th, 2024 by Saurenergy REC Limited, a Maharatna Central Public Sector Enterprise (CPSE) today presented its audited standalone and consolidated financial results for the quarter ended March 31, 2024 and FY24. REC Limited comes under the Ministry of Power. As per the details shared by REC Limited, it recorded its highest-ever annual profit. The media release from the company […] Read more
KP Energy Reports 9.8% Jump In Total Income In FY24, Profit Rises Too Updated On Mon, Apr 22nd, 2024 by Saurenergy Indian power company KP Energy released its financial results for FY24 and Q4 results today. In its latest public disclosure before the Bombay Stock Exchange (BSE), the firm reported a 9.8% jump in its total income. The audited consolidated financial results of the firm said that while in FY23 it witnessed a total income of […] Read more
Sterling & Wilson Marks Complete Turnaround In Q3 Fy24 With Profits Updated On Sun, Apr 21st, 2024 by Saurenergy Publicly listed renewable energy company Sterling & Wilson has released its financial results for the Fourth Quarter (Q4) and FY24. The annual and quarterly results were shared by the firm with the Bombay Stock Exchange (BSE) in its public disclosure. The company reported a net profit of Rs 1.40 crore in Q4 of FY24. The […] Read more
Solar & Storage Solutions OTR Finance Manager Updated On Thu, Feb 1st, 2024 by Saurenergy The Solar and Storage Solutions OTR Finance Manager will be responsible for orchestrating the process to estimate, analyze and report the financials of the Solar and Storage projects organization, comprising of equipment and service projects. This is a critical global role within the Solar & Storage Solutions finance organization that requires the ability to influence […] Read more
Waaree Renewable Reports 158% Jump In PAT In Q3 Updated On Mon, Jan 22nd, 2024 by Saurenergy Waaree Renewable Technologies, the solar EPC subsidiary of the Waaree Group has now announced its Financial Results for Third Quarter (Q3). The consolidated financial results of the renewable firm said that its total revenue in Q3 increased by 338.78 percent on a Year-on-Year (YoY) basis. It also announced a 158.09% increase in Profit After Tax […] Read more
IREDA Witnesses 67% Profit In Q3, Earnings Per Share Up by 57% Updated On Mon, Jan 22nd, 2024 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) recently announced its audited financial results for the third quarter of the fiscal year 2023-24. The company reported a 67% increase in profit, reaching a Profit After Tax (PAT) of ₹ 335.54 crores for the quarter. This performance is attributed to the consistent growth in the loan book […] Read more
Chinese Module Majors Feel The Pinch From Module Price Drop Updated On Thu, Nov 16th, 2023 by Saurenergy As financial results for Q3 come in, it is obvious that the pain of dropping module prices is beginning to impact major global players, especially the Chinese majors that dominate global markets. Except for pockets where buyers are from the US and Europe who consciously avoided Chinese players, revenues have sustained only on higher volumes, […] Read more
