EESL Registers 70% Consolidated Revenue Growth in FY19 Updated On Tue, May 28th, 2019 by Saurenergy EESL has announced standalone financial results for the fiscal year 2018-19, posting Revenue Growth of 70%. Energy Efficiency Services Limited (EESL), a joint venture of PSUs of Ministry of Power (Govt. of India), registered a revenue of Rs 1,935 crores in FY19, a 37% increase over the previous fiscal, and pre-tax earnings growth of 178% […] Read more
Vestas Reports Drop in Earnings in Q1 Results Updated On Thu, May 9th, 2019 by Saurenergy Denmark-based turbine manufacturer and wind energy solutions provider, Vestas, recently issued its financial results for the first quarter (Q1) of 2019. The financial report revealed that in the first quarter of 2019, the company generated revenue of EUR 1,730 million, marking an increase of 2 percent compared to the same period last year. However, the […] Read more
Siemens Gamesa Has Record Order Backlog of €23.6 Bn in First Half of 2019 Updated On Tue, May 7th, 2019 by Saurenergy Net income amounted to €67 million in the first half, compared to €0 million in the same period last year, and to €49 million in the second quarter, an increase of 40 percent YoY. Spanish renewable energy major Siemens Gamesa has reported the results of the first half (October-March) and second quarter (January-March) for the […] Read more
STMicroelectronics Reports First Quarter Financial Results Updated On Thu, Apr 25th, 2019 by Saurenergy The company reported first-quarter net revenues of $2.08 billion, gross margin of 39.4%, operating margin of 10.2%, and net income of $178 million or $0.20 diluted earnings per share. STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, has reported its financial results for the first quarter ended March 30, 2019. […] Read more
HPL Electric and Power Ltd Reports Q3 FY 19 Results Updated On Thu, Feb 14th, 2019 by Saurenergy PAT for the first nine months of FY19, was stable. HPL Electric and Power Ltd, an established electric equipment manufacturing company in India, manufacturing a diverse portfolio of electric equipment, has announced its financial results for the quarter ended December 31, 2018. Financial Performance in the first nine months of the financial year 2018-19, was […] Read more
SolarEdge Announces Third Quarter 2018 Financial Results Updated On Fri, Nov 2nd, 2018 by Saurenergy SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the third quarter ended September 30, 2018. Third Quarter 2018 Highlights Record revenues of $236.6 million, up 42% year-over-year GAAP net income of $45.6 million GAAP net diluted EPS of $0.95 Non-GAAP net diluted EPS of $0.86 […] Read more
Hanergy Registers over 600% Jump in Operating Revenue Updated On Sat, Sep 1st, 2018 by Saurenergy Hanergy has also reported a 30 fold year on year (YoY) surge in its net profits touching the unprecedented number of HKD 7.329 billion (USD 0.96 billion). The company has registered an over 600 percent increase in its operating revenue reaching a total of HKD 20,414 billion (USD 2,653 billion) in the first half of […] Read more
SolarEdge Q2 Net Income Jumps 53% YOY Updated On Fri, Aug 3rd, 2018 by Saurenergy SolarEdge reported record revenues of $227.1 million, up 8% from $209.9 million in the prior quarter and up 67% from $136.1 million year over year. SolarEdge Technologies, a global leader in smart energy, revealed net income at USD34.6 million, down 3 percent from USD35.7 million in the prior quarter and up 53 percent from USD22.5 million year […] Read more
Trina Solar Announces Third Quarter 2016 Results Updated On Thu, Nov 24th, 2016 by Saurenergy Trina Solar Limited, a global leader in photovoltaic (“PV”) modules, solutions, and services, announced its unaudited financial results for the quarter ended September 30, 2016. Third Quarter 2016 Financial and Operating Highlights Total module shipments were 1,361.2 MW, compared with 1,658.3 MW in the second quarter of 2016, and 1,703.2 MW in the third quarter […] Read more