Does the growth in electric vehicles automatically translate into growth for EV charging companies? Electric vehicle charging companies face intense competition from home charging, as well as networks provided by EV makers. The EV charging business model is still evolving. Expected growth in EVs would drive demand for charging infrastructure. With the number of electric […]
SunPower Reports Q1/2021 GAAP Revenues As $306.4 Million
SunPower Corporation’s Revenues Slid By Over 10% Sequentially In Q1/2021, While Growing More Than 5% Annually; Reiterates 2021 Annual Guidance. SunPower recognized 127 MW capacity in Q1/2021, a quarter when its revenues dropped by more than 10% annually. But the management is confident of being in a position to benefit from strong industry tailwinds and […]
Daqo New Energy Announces Unaudited First Quarter 2021 Results
SHANGHAI : Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy”, the “Company” or “we”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the first quarter of 2021. First Quarter 2021 Financial and Operating Highlights Polysilicon production volume was 20,185 MT in Q1 2021, […]
Tata Power Records PAT of Rs 481 Cr in Q4 FY21
On a consolidated basis, Tata Power Company reported 1% rise in net profit to Rs 481 crore in Q4 FY21 from Rs 475 crore, due to saving in finance cost offset by exceptional gain in previous year. Revenue in Q4 FY21 stood at Rs 10,255 crore, up by 49% from Rs 6,881 crore in the […]
Azure Power Sells Non-core Solar Rooftop Portfolio to Radiance Renewables; Transaction Expected to Improve Overall Cost Structure and be Value Accretive
Azure Power Global Limited, a leading solar power producer in India, announced it has signed a binding agreement to sell its non-core solar rooftop portfolio to Radiance Renewables Pvt. Ltd. Azure Power Global Limited, a leading solar power producer in India, announced it has signed a binding agreement to sell its non-core solar rooftop portfolio […]
Fuel retail in the age of new mobility
With the industry at a crossroads, operators need to move quickly to rethink strategy, build new capabilities, and transform their businesses. Over the past decade, fuel retail has been one of the more resilient segments in the oil and gas industry. The growth of both out-of-home consumption and small-format retail has enabled forecourts to capture […]
Offshore wind firm Orsted beats third-quarter expectations
The world’s largest offshore wind farm developer kept its full-year guidance for earnings before interest, tax, depreciation and amortisation (EBITDA) of 16-17 billion Danish crowns ($2.5-$2.7 billion) COPENHAGEN: Danish energy group Orsted beat third-quarter profit expectations on Wednesday, but said offshore wind projects in the United States faced “significant” delays. The world’s largest offshore wind […]
SENER increases its EBITDA by 22.5%
The engineering group presents its results for 2018, which show an increase in EBITDA of 22.5%, a profit before taxes of 29.2 million euros—27.7% higher than in 2017—and an investment in R&D that remains above 20 million euros. Madrid (Spain): The engineering group SENER has published its Annual Report, which details the key facts regarding […]