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Radiance Renewables buys Azure s solar rooftop assets for Rs 536 cr
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Azure Power Global Stock Shows Every Sign Of Being Significantly Overvalued
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Azure Power Announces Results for Fiscal Third Quarter 2021
EBENE, Mauritius, Feb. 10, 2021 /PRNewswire/ Azure Power Global Limited (NYSE: AZRE), a leading independent solar power producer in India, today announced its consolidated results under United States Generally Accepted Accounting Principles ( GAAP ) for the fiscal third quarter 2021, period ended December 31, 2020.
Fiscal Third Quarter 2021 Period Ended December 31, 2020 Operating Highlights:
Operating Megawatts ( MW ) were 1,987 MWs, as of December 31, 2020, an increase of 10.0% over December 31, 2019. Operating and committed megawatts were 7,115 MWs, as of December 31, 2020, an increase of 34.2% over December 31, 2019. Committed megawatts include 4,000 MWs for which we have received Letters of Award ( LOA ) but the Power Purchase Agreements ( PPAs ) have not yet been signed.
The US stocks advanced on Thursday, 07 January 2021, with major indices- S&P 500 index, the Dow Jones Industrial Average, and the technology-heavy Nasdaq Composite all settling at new record closing highs.
At the close of trade, the Dow Jones Industrial Average index advanced 211.73 points, or 0.69%, to 31,041.13. The S&P 500 index was up 55.65 points, or 1.48%, to 3,803.79. The tech-heavy Nasdaq Composite Index added 326.68 points, or 2.56%, to 13,067.48.
The strength on the Wall Street propelled came as U. S. lawmakers certified President-elect Joe Biden s victory. The certification of Biden s victory along with Democratic victories in Georgia s Senate runoff elections will give Democrats control of the House, Senate and the White House. Traders seem optimistic a Democratic-controlled Congress will provide more coronavirus relief payments, infrastructure spending, and more generous passing of additional stimulus to get the economy back on track.
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