SUBSCRIBE NEWS LETTER

financial results

Sterling and Wilson Solar Net Profit up 36% in Q2 2019, Stock Slumps

Sterling and Wilson Solar has reported a 36 percent rise in consolidated net profit at Rs 79.40 crore for the second quarter of this fiscal. Sterling and Wilson Solar on November 15, 2019, issued its financial results for the quarter ended September 30, 2019, reporting a 36 percent rise in consolidated net profit at Rs 79.40 crore […]

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Suzlon Energy Net Loss Widens to Rs 777 cr in Q2 2019

Suzlon Energy has reported a widening of its consolidated net loss to Rs 777.52 crore in Q2 2019. Suzlon Energy on November 14, 2019, reported widening of its consolidated net loss to Rs 777.52 crore in the quarter ended September 30, 2019 (Q2 2019). The company had reported a net loss of Rs 625.76 crore […]

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Sanjay Varghese to Head ReNew Power’s Solar Business

ReNew Power has announced that it has promoted Sanjay Varghese to the post of Executive President and head the firms’ solar business India’s largest renewable energy IPP, ReNew Power has announced that it has promoted Senior Vice President Sanjay Varghese to the post of Executive President. In his new role Varghese will head the solar […]

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SECI Tenders for Solar PV Home Cooking Systems

SECI has issued a tender for the commissioning of solar PV based home cooking systems in different districts of different states in India. The Solar Energy Corporation of India (SECI) has issued a tender, seeking bids for commissioning of solar PV based home cooking systems in different districts of different states in India. The scope […]

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Suzlon Energy Denies Reports of Filing for Bankruptcy

Suzlon Energy has specifically denied all reports suggesting that it has filed for bankruptcy and that it will soon be approaching the NCLT. Debt-laden renewable energy solutions provider Suzlon Energy on Monday specifically denied all reports suggesting that it has filed for bankruptcy and that it will soon be approaching the National Company Law Tribunal (NCLT). “We wish to reiterate that Suzlon’s debt […]

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LONGi Shipped Over 2 Billion Mono Wafers in H1 2019, Revenue up 41%

LONGi Solar has released its H1-2019 report to shareholders, reporting stellar financial results and significant capacity achievements. Xi’an, China headquartered LONGi Solar has released its 2019 semi-annual (H1) report to shareholders, reporting stellar financial results and significant capacity achievements.  According to the financial report, the company’s operation revenue in the first six months of the […]

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Vestas Sells Majority Stake in 3 Romanian Wind Projects

Vestas has entered into an agreement to sell 80% of its shares in the subsidiaries owning the 3 Romanian wind power plants at a price of EUR 136 million Wind Energy Major, Vestas Wind Systems has announced that it has entered into an agreement to sell 80 percent of its shares in the subsidiaries owning […]

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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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