Finance And Ma

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Borosil Renewables’ Q4 Revenue Up 32% YoY as Solar Glass Sales Surge

Solar glass manufacturer Borosil Renewables reported revenue of ₹3.73 billion (~$43.97 million) for the fourth quarter (Q4) of the financial year (FY) 2025, marking a 31....

May 12, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Increase in Power Production Pushes Scatec’s Revenue by 41.6% in Q1 2025

Norway-based renewable energy solutions provider Scatec posted a 41.6% year-over-year (YoY) rise in consolidated revenue to NOK1.81 billion (~$174.28 million) in the...

May 12, 2025

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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REC’s Q4 Net profit Up 21% YoY, Loan Approvals for Renewables Surge

Public infrastructure finance company REC Limited recorded a total income of ₹153.48 billion (~$1.79 billion) for the fourth quarter (Q4) of the financial year (FY) 2025,...

May 9, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Strong Solar Tracker Order Book Pushes Array Technologies Revenue by 97%

Array Technologies, a utility-scale solar tracker supplier, reported a net income of $2.3 million in the first quarter (Q1) of 2025, compared to a net loss of $11.3...

May 9, 2025

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Tina Freese

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Finance and M&A

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Renewable Energy
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SolarEdge Beats EPS and Revenue Expectations in Q1 2025

Israel-based solar inverter manufacturer SolarEdge reported a revenue of $219.5 million in the first quarter (Q1) of 2025, reflecting a 7% year-over-year increase from...

May 9, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Ballard Misses Revenue Expectations in Q1 2025 Despite 6% YoY Uptick

Fuel cell manufacturer Ballard Power Systems reported a revenue of $15.4 million in the first quarter (Q1) of 2025, a 6% year-over-year (YoY) increase, supported by...

May 8, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Funding and M&A Roundup: Recurrent Energy Secures $415 Million

From: Mercom Capital Group Recurrent Energy, a solar and energy storage project developer and wholly owned subsidiary of Canadian Solar, has secured a multi-currency...

May 7, 2025

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Staff

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Finance and M&A

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Other
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Jindal Poly Films Acquires Solar Encapsulation Films Manufacturer Enerlite

Jindal Poly Films, a part of BC Jindal Group, has announced that it acquired Enerlite Solar Films, a manufacturer of solar encapsulation films in India. Enerlite’s...

May 6, 2025

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Tina Freese

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Finance and M&A

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Renewable Energy
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Bloom Energy Reports Revenue Growth of 38.6% in Q1 2025

Fuel cell and electrolyzer manufacturer Bloom Energy reported a revenue of $326 million in first quarter (Q1) 2025, a 38.6% year-over-year (YoY) increase from $235.3...

May 6, 2025

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Staff

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Finance and M&A

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Other
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Indian Oil to Invest ₹10.86 Billion in Subsidiary for 4.3 GW Renewables Portfolio

Indian Oil Corporation’s (IOCL) board of directors has approved an additional equity investment of ₹10.86 billion (~$129.44 million) in its wholly owned subsidiary,...

May 2, 2025

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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Daqo New Energy’s Revenue Plunges 70% in Q1 2025 as Sales Drop

China-based photovoltaic-grade polysilicon manufacturer Daqo New Energy Corporation reported a revenue of $123.9 million in the first quarter (Q1) of 2025, a 70%...

May 2, 2025

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Tina Freese

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Finance and M&A

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Renewable Energy
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JinkoSolar’s Revenue Down 33% Amid Price Pressures, Trade Policy Disruptions

China-based solar cell and module manufacturer JinkoSolar’s revenue for the first quarter (Q1) of 2025 dropped 39.9% year-over-year to RMB13.84 billion (~ $1.91 billion)...

May 2, 2025

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Staff

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Finance and M&A

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Other
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Lower Operating Costs, Bookings Drive Stem’s Q1 2025 Revenue Up 27%

Smart energy storage company Stem reported a 27% revenue increase in the first quarter (Q1) of 2025 to $32.5 million, against the expected $31.27 million, from $25.5...

May 2, 2025

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Tina Freese

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Energy Storage

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Finance and M&A
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Ather Energy’s ₹31 Billion IPO Oversubscribed By 1.43 Times

Electric two-wheeler company Ather Energy’s ₹31 billion (~$363.92 million) initial public offering (IPO) was oversubscribed 1.43 times at the end of the bidding window...

April 30, 2025

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Melvin Mathew

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Electric Vehicles

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Finance and M&A
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First Solar Misses EPS Expectations in Q1, Scales Down 2025 Guidance

U.S.-based solar module manufacturer First Solar reported a revenue of $844.57 million in the first quarter (Q1) of 2025, a 6.4% year-over-year (YoY) increase from $794....

April 30, 2025

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Arjun Joshi

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Finance and M&A

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Other

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