SUBSCRIBE NEWS LETTER

EBITDA

Could Ørsted Come for Solar And Storage in India?

Ørsted , formerly DONG ( Denmark Oil and Natural Gas) was a typical energy firm a decade back, primarily making its money from oil, coal, and natural gas. Now, it has been voted the world’s most sustainable firm. How did that happen? The accolade of the world’s most sustainable firm for Ørsted , while a […]

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Solar Integrated Roofing Secures $2.7 Million in Financing

Solar Integrated Roofing has announced that it has secured a USD 2.7 million financing in a non-dilutive structure to close two acquisitions. Solar Integrated Roofing Corporation, an integrated solar and roofing installation company specialising in commercial and residential properties with a focus on acquisitions of like companies to build a footprint nationally, has announced that […]

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Scatec Solar Posts Strong Financial Results for Q3 2019

Scatec Solar delivered solid results in the Q3 of 2019 with proportionate revenues of USD 166.14 mn and EBITDA of USD 47.2 mn, a 68 percent increase YoY. Scatec Solar has announced that the company delivered solid results in the third quarter (Q3) of 2019 with proportionate revenues of NOK 1,522 million (1,259) (USD 166.14 […]

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Adani Green Energy Revenue Jumps 40% YoY in Q1 2019-20

Adani Green Energy has reported total revenue in Q1 of Rs 661 crore, a jump of 40 percent yoy from the same quarter in the last financial year. Adani Green Energy (AGEL), a part of the Adani Group, recently announced its financial results for the first quarter ending June 30, 2019, of the financial year […]

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Ørsted Reports Strong Numbers for First Half of 2019

Ørsted has achieved an operating profit of USD 1.32 billion in first half of 2019, up 2% and on track to deliver its full-year guidance. Wind Major Ørsted’s Board of Directors approved the interim report for the first half year (H1) of 2019. The firm revealed that it has achieved an operating profit (EBITDA) of […]

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Azure Power Appoints new CEO and President

Azure Power has announced the appointment of Ranjit Gupta as CEO and a member of the Board, and Murali Subramanian as president. Azure Power, one of the leading solar power producers in India has announced the appointment of Ranjit Gupta as chief executive officer (CEO) and a member of the Board, and Murali Subramanian as […]

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Tariffs Drop to Rs 2.5/kWh in SECI’s 750 MW (Tranche-II) Solar Auction

Four firms have emerged as the lowest bidders in the latest auction by SECI for the Rajasthan 750 MW solar Tender under Tranche-II. State-owned power giant NTPC, Mahindra Susten, Hero Solar Energy and Azure Power Maple have emerged as the lowest bidders in the latest auction by the Solar Energy Corporation of India (SECI) for the Rajasthan 750 MW solar […]

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Azure Power Announces 29% Gain in Revenue For FY 2018-19

Total revenue for Azure Power during the year was Rs 992.6 crore, up by 29% from Rs 770 crore during last year. Azure Power, a leading independent solar power producer in India, has announced its consolidated results and revenue for the fiscal fourth quarter and year ended March 31, 2019. The company generated a revenue […]

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