Tata Power Posts Q4 Net at Rs 1,478 cr on Impairment Reversal for Mundra Updated On Thu, May 3rd, 2018 by Saurenergy “The consolidated net loss of the company stood at Rs 226.93 crore during the same period a year ago,” said Tata Power Company in a statement. India-based power generator and distributor Tata Power Company reported a robust consolidated net profit after tax at Rs 1,477.50 crore in January-March quarter of 2018, on the back of […] Read more
First Solar Net Loss Narrows to $432.45 Mn in Q4 Updated On Fri, Feb 23rd, 2018 by Saurenergy Its net sales in Q4 were $339 million, a decrease of $748 million from the previous quarter on the back of lower systems and third-party module sales. Comprehensive PV solar systems provider, First Solar, Inc. has reported that its net loss narrowed to $432.45 million, or $4.14 per share, in the fourth quarter of 2017. […] Read more
Swelect Energy Systems Net Surges 38.8% in Dec Quarter Updated On Fri, Feb 16th, 2018 by Saurenergy Swelect Energy’s net profit jumps 83.2 per cent to Rs 6.65 crore in December quarter of FY18, as compared to its net profit of Rs 3.63 crore in September quarter of FY18. Solar power products manufacturer, Swelect Energy Systems Ltd has reported a significant growth of 38.8 per cent in its standalone net profit after […] Read more
Tesla-Marked Home Depot to Boost Solar Equipment Sales Updated On Fri, Feb 2nd, 2018 by Saurenergy The leader in the technology space, Tesla is primarily known for its electric cars, is starting to take off Tesla-marked offering spaces at 800 of the retailer’s areas called home depot, as per reports. Tesla is growing its solar division crosswise over Home Depot’s stores, a source acquainted with those plans. The leader in the […] Read more
SMA Solar Expects Growth in Sales and Earnings in 2018 Updated On Thu, Jan 25th, 2018 by Saurenergy For the 2018 fiscal year, the SMA Solar expects sales would grow to between 900 million and 1 billion euros ($1.1 billion-$1.2 billion), exceeding the analyst consensus for 901 million euros. SMA Solar Germany’s biggest solar company has said it expects a rise in sales in 2018, thanks to strong Asian and European business and […] Read more
SMA Exceeds 3 GW Solar Inverter Sales In India Updated On Fri, Dec 8th, 2017 by Saurenergy We are proud to announce that our total shipment of solar inverters in India has passed 3GW accumulatively says Executive Vice President of SMA Sales North America SMA Solar Technology AG (SMA) has announced that it has sold more than 1 gigawatt of solar inverters into all market segments in India in 2017. According to […] Read more
Solar Business: Greenlight Planet Raises $60 Million led by Apis Partners Updated On Wed, Dec 6th, 2017 by Saurenergy Greenlight Planet will use the new debt and equity capital to expand its solar-energy product lines, distribution networks, and financing capabilities in Africa and Asia Renewable energy firm Greenlight Planet Inc has raised $60 million in a funding round led by London-based private equity fund manager Apis Partners. The debt and equity round, which was […] Read more
Solar Industries India Net Profit Rises 23.31 Percent in the September 2017 Quarter Updated On Thu, Nov 16th, 2017 by Saurenergy The Company reported net sales of Rs. 408.40 crore compared to Rs. 313.36 cr for the period ended September 30, 2016. Net profit of Solar Industries India has reported a 24 percent increase for the September quarter. The company has posted a net profit of Rs. 45.74 crore for the period ended September 30, 2017 […] Read more
Fronius Solar Energy Expands its Global Network by Opening the First Branch Office in Hungary Updated On Thu, Jul 20th, 2017 by Saurenergy An important benefit offered by the new branch office is technical consultants who speak Hungarian and who can provide Hungarian installers, and sales and service partners with even more effective support thanks to their geographical proximity Fronius Solar Energy, the quality leader on the global solar energy market, opened a Hungarian branch office on 1st […] Read more
