Consolidated net profit attributable to equity holders of the parent for the first six months reached SAR542 million, a 21% increase year-on-year. Operating income before impairment loss and other expenses for the same period at SAR1,153 million increased by 9% The Company’s share of renewable energy capacity in its power generation portfolio reached 37% with […]
Daqo New Energy Announces Unaudited Second Quarter 2022 Results – EQ Mag Pro
Shanghai, China : 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 second quarter of 2022. Second Quarter 2022 Financial and Operating Highlights Polysilicon production volume was 35,326 MT in Q2 […]
Enphase Energy Announces Shipment Milestone with Salcomp – EQ Mag Pro
FREMONT, Calif. : Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, announced today that Salcomp, a global high-precision manufacturer, has shipped more than five million Enphase IQ® Microinverters. Since early 2020, Salcomp’s factory in Chennai, India has manufactured Enphase® Microinverters and other […]
First Solar, Inc. Announces Second Quarter 2022 Financial Results – EQ Mag Pro
Net sales of $621 million Net income per diluted share of $0.52 Cash, restricted cash, and marketable securities of $1.9 billion YTD net bookings of 27.1 GW DC 10.4 GW DC of net bookings since prior earnings call have a base Average Selling Price (ASP), prior to the application of pricing adjustors, of $0.301 per […]
Hitachi Energy India Limited announces Q1FY23 results: Significant order wins in challenging markets – EQ Mag Pro
• Strong growth in orders, up 300% YoY • Revenue up 24% YoY • HVDC link to increase Mumbai power inflow by 50% • Rising commodity prices and supply chain constraints impact margin • Published first Business Responsibility and Sustainability Report as industry best practice Bangalore : Hitachi Energy India Ltd. announced its results for […]
Jakson Group announces its new venture Jakson Green Private Limited – EQ Mag Pro
Noida : Jakson Group, one of India’s leading energy and infrastructure company, has today announced its new venture Jakson Green Pvt Limited(JGPL). Jakson Green Pvt Limited will focus on Green Hydrogen & Ammonia , Waste to Energy , Electrolysers and Fuel cells , Utility-scale Battery Energy Storage Systems(BESS) , Solar and related Operation & Maintenance […]
ACME Group announces Green Hydrogen and Ammonia project in Tamil Nadu – EQ Mag Pro
Gurugram : ACME Group today announced a green hydrogen and green ammonia project in the state of Tamil Nadu. The initial agreement with the State Government was signed in presence of Hon’ble Chief Minister of Tamil Nadu Thiru M K Stalin during the Tamil Nadu Investment Conclave. The project entails an investment of Rs 52,474 […]
DOE Announces First Loan Guarantee for a Clean Energy Storage Project in Eight Years – EQ Mag Pro
$504 Million Loan Guarantee to Advanced Clean Energy Storage for World’s Largest Clean Hydrogen and Energy Storage Project in Utah WASHINGTON, D.C. : The U.S. Department of Energy (DOE) today announced it closed on a $504.4 million loan guarantee to the Advanced Clean Energy Storage project in Utah — marking the first loan guarantee for […]
Global Infrastructure Partners Announces €450 Million Notes Investment – EQ Mag Pro
NEW YORK, NY : Global Infrastructure Partners (GIP) announced it has closed on a €450 million secured notes investment in a holding company of Superstrada Pedemontana Veneta (Pedemontana), a 96 kilometer greenfield toll road project in the final stages of construction in the Veneto Region of Italy. The project is underpinned by availability payments from […]
Azure Power Announces Appointment of New Chief Executive Officer – EQ Mag Pro
NEW DELHI : Azure Power Global Limited (NYSE: AZRE) (“Azure” or “the Company”), a leading independent sustainable energy solutions provider and renewable power producer in India, today announced that Mr. Harsh Shah will be joining as the Chief Executive Officer, effective July 1, 2022. Mr. Shah was previously the Chief Executive Officer of IndiGrid, India’s […]