The draft rules suggest penalties to be levied on discoms for faulty subsidy accounting, raising erroneous subsidy bills The Union Ministry of Power has proposed to streamline electricity subsidy and its accounting, and would direct power distribution companies (discoms) to report details of electricity subsidy disbursal and its monitoring. Through an amendment to the Draft […]
SolarEdge Announces Third Quarter 2019 Financial Results
Revenues surpass $1 billion in first three quarters of 2019 FREMONT, Calif.: SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy, today announced its financial results for the third quarter ended September 30, 2019. Third Quarter 2019 Highlights Record revenues of $410.6 million Record revenues from solar products of $387.8 million GAAP gross […]
ReneSola Provides Third Quarter 2019 Preliminary Results
SHANGHAI: ReneSola Ltd (“ReneSola” or the “Company”) (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today provided preliminary unaudited financial results for the third quarter ended September 30, 2019. Preliminary Third Quarter 2019 Results Based on preliminary unaudited results, the Company expects revenue for the third quarter of 2019 to range between $55 […]