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PFC Records Growth in Both Topline and Bottomline in COVID Affected Q1

PFC has reported strong financial results for COVID affected Q1, recording growth both in its topline and bottomline for the quarter. Amid rising strain in the power sector with faltering demand and increasing indebtedness, state-owned power sector financing institution, Power Finance Corporation (PFC) has reported a strong outcome in its financial results for COVID affected April-June quarter […]

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Envision Solar Announces 1st EV ARC Order From Baltimore G&E

Envision Solar, a leading producer of unique and sustainable infrastructure products for electric vehicle (EV) charging, energy security and outdoor media, announced that Baltimore Gas and Electric (BGE) has ordered its EV ARC product to forward the utility’s innovation and environmental stewardship efforts and to promote off-grid EV charging within its workplaces and corporate offices. […]

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SIGECO Issues 2nd RFP Targeting Wind, Solar & Solar + Storage

CenterPoint Energy’s Indiana-based electric and gas business, SIGECO is opening a new RFP to seek a combination of wind, solar and solar + storage resources CenterPoint Energy has announced that its Indiana-based electric and gas business, Southern Indiana Gas and Electric Co (SIGECO) is opening a new request for proposals (RFP) to seek a combination of wind, […]

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XLRI Planning for 1 MW Solar Plant in NCR Campus

The Xavier School of Management (XLRI) is planning to set up a 1 MW solar power plant in its newly established Delhi NCR campus in Jhajjar, Haryana. The Xavier School of Management (XLRI), one of the top 10 business management schools in India, is planning to set up a 1 MW solar power plant in […]

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Tata Power Reports Q1 FY2021 Results, to Merge Solar EPC Business

Tata Power reports Q1 FY 2020-21 results, reporting a 10% increase in consolidated PAT at Rs 268 crore, and that it plans to merge its solar EPC business. Tata Power, one of India’s largest privately-owned power producers has announced its first quarter (Q1) FY 2020-21 results. The firm has reported that for the quarter, consolidated […]

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Vestas Surpasses 1 GW Order Intake in China in 2020 With two new Orders

Vestas has received two new orders in China, which has taken the manufacturers’ order intake in the country well over the 1 GW mark for the year 2020. Global wind major Vestas has announced that it has received two new orders for the supply of wind turbines for wind energy projects in China which have […]

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Ørtsed Reports Strong First Half for 2020, Operating Profit of $1.5 Bn

Ørsted has issued its interim report for the first half of 2020, reporting an operating profit (EBITDA) of USD 1.5 billion, an 11 percent increase YoY The Board of Directors at Ørsted has approved the interim report for the first half (H1) of 2020. The firm reported an operating profit (EBITDA) of DKK 9.8 billion […]

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Vestas Reports 67% Increase in Revenue for Q2 2020

Vestas has issued its financial report for Q2 2020, reporting revenue of EUR 3,541 million – an increase of 67% compared to the year-earlier period. Global wind energy major Vestas has issued its interim financial report for the second quarter (Q2) of the financial year 2020. The firm has shown a strong performance in spite […]

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PTC India Reports net Profit of Rs 100 Crore in April-June Quarter

PTC India has posted a consolidated net profit of just over Rs 100 crore (100.6) for the April – June quarter, witnessing a 7 percent increase YoY. PTC India, a power trading solutions provider, has reported its financial results for the April – June quarter of the financial year 2020. The company has managed to […]

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