SolarEdge Earns $431.5 M Revenues from Solar in Q2 FY21 Updated On Wed, Aug 4th, 2021 by Saurenergy SolarEdge, an Israel-headquartered photovoltaics company, has announced its financial results for the second quarter ended June 30, 2021. The company reported $431.5 million of revenues from the solar segment, up 39% from $310.1 million in the year-ago period. “We are happy to finish the second quarter of 2021 with record revenues in both our solar and non-solar businesses […] Read more
Canadian Solar Financial Results Q1 FY21 Out; 32% YoY Rise in Revenue Updated On Fri, May 21st, 2021 by Saurenergy Guelph-headquartered solar PV modules manufacturer Canadian Solar Inc. yesterday announced its financial results for the quarter ended March 31, 2021, reporting a 32% YoY increase in revenue and a net income of $23 million. In Q1 2021, the company’s solar module shipments were 3.1 GW, compared to guidance of 3.0 GW to 3.2 GW. Net revenue […] Read more
JinkoSolar Reports 31.4 % Increase in Shipments in FY20, Revenue up 18% Updated On Mon, Apr 12th, 2021 by Saurenergy JinkoSolar has revealed that despite ‘extreme challenges’ it managed to bump up its annual shipments to 18.77 GW in FY 2020. The firm also ran into losses for the fourth quarter. JinkoSolar, one of the largest solar module manufacturers in the world, has recently announced its financial results for the financial year 2020 (FY20) ended […] Read more
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
