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financial results

NextEnergy Capital Divests its 149MW Italian Solar Portfolio

London-based solar investor NextEnergy Capital has announced the sale of the entire portfolio of operating solar projects owned by NextPower II (Fund) in Italy. The Fund’s portfolio comprises 105 individual solar plants for a total installed capacity of 149 MW. Its plants are located across Italy, in regions including Piedmont, Lombardy, Veneto, Tuscany, Puglia, Sardinia, […]

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Microinverter-maker Enphase Energy Earns $351.5 M Revenue in Q3FY21

California-based supplier of microinverter-based solar and battery systems Enphase Energy has released its financial results for the third quarter of 2021, reporting quarterly revenue of $351.5 million, along with 40.8% for non-GAAP gross margin. The company shipped approximately 2,599,575 microinverters, or 913 megawatts DC, and 65 megawatt hours of Enphase Storage systems during this period. […]

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Ameresco to Mitigate California’s Electricity Issues with 2GWh BESS

Ameresco, a cleantech integrator and renewable energy asset developer, owner and operator, has entered into a contract with Southern California Edison (SCE) to design and build three grid scale battery energy storage systems (BESSs) at existing substation parcels throughout SCE’s service territory in California. Due to the impact of the extreme weather events in the […]

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Chief Executive Officer

Applications are invited from eligible Indian nationals for appointment to the post of Chief Executive Officer of EESL to be posted at the Corporate Office of EESL presently in New Delhi. Company Profile: – EESL is a Joint Venture Company of NTPC Ltd., Power Grid Corporation of India Ltd, Power Finance Corporation Ltd. and Rural […]

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NHOA Bags 200MWh Battery Storage Project in Australia

Energy storage and e-mobility solutions company New HOrizons Ahead (NHOA), which was previously known as Engie EPS, has won a 200MWh battery energy storage system (BESS) project in Australia. NHOA said that the construction phase of the project, at an as-yet undisclosed location for an unnamed customer, is scheduled to start immediately, with completion expected by […]

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PFC Raises €300 M in First-ever Euro Green Bond Issuance

Power Finance Corporation Ltd (PFC), a leading non-banking financial company (NBFC) in the power sector, has successfully issued its maiden Euro 300 million 7-year Euro Bond issuance on September 13, 2021. The pricing of 1.841% achieved is the lowest yield locked in by an Indian Issuer in the Euro markets, as per PFC’s release. It […]

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US Firm Modine to Open Exclusive EV Business Unit

US-based thermal management company Modine Manufacturing is establishing a separate business unit to focus exclusively on thermal management systems for electric vehicles. “We are making a significant commitment to the EV market to better serve customers who are leading the transition to alternative powertrains,” said Neil D. Brinker, President and Chief Executive Officer. “We plan […]

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Sungrow Reports $1.26 Billion Revenue in H1 FY21

Inverter solutions supplier Sungrow has released its semi-annual report, reporting a net income of 757 million yuan (about 116.42 million US dollars), with a year-over-year increase of 69.68%, in H1 FY21. The company’s revenue was 8.21 billion yuan (1.26 billion US dollars) during this period, with a year-over-year increase of 18.27%. The highlights of H1 FY21 […]

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General Manager, DCK

We are now looking for a General Manager to lead our Delivery Centre Khopoli (DCK) team in India. The position is permanent. The location for the position is in Khopoli, India. In this position, your work will include leading the team at DCK (approx. 90 employees) with role model behaviours and you will be responsible […]

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