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financial results

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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Canadian Solar Reports $1.43 Billion Revenues in Q2 FY21, a 105% YoY Increase

Canadian Solar Inc. has announced its financial results for Q2 FY21 with strong revenues of $1.43 billion. The firm reports that net revenue in the Q2 FY21 grew by 105% YoY and 31% QoQ to $1.43 billion. The sequential improvement was driven by an increase in module shipments and average selling price (ASP), growth in […]

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Maxeon Reports Around $3 M Loss, 434 MW Shipments in Q2 FY21

Singaporean solar innovation company Maxeon Solar Technologies has announced its financial results for the second quarter ended July 4, 2021, reporting around $176 million in revenues and $2.8 million in losses in Q2 FY21. While the company suffered losses worth $8 million in the year-ago period, it managed to earn a profit of $1.051 million […]

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Vestas Revenues At $4.1 Bn in Q2 FY21, Orsted Reports $2.68 Bn

Danish wind turbines manufacturer, Vestas Wind Systems, has released its financial results for the second quarter of the fiscal year 2021 (Q2FY21), and it has reported a revenue of EUR 3.53 billion (USD 4.15 billion). Fellow Danish utility and developer, Orsted also reported its financial results for the same quarter today, coming out with a […]

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