Other

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Websol Energy’s Q1 FY 2027 Profit Rises 16% YoY on Higher Production

Solar cell and module manufacturer Websol Energy System reported revenue from operations of ₹3.73 billion (~$39.11 million) in the first quarter (Q1) of the financial...

August 11, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Energy Storage-Backed Renewable Tenders Dominate Procurement in 1H 2026

Agencies in India issued tenders for 44.1 GW and auctioned 16.3 GW of renewable energy capacity across energy storage, hybrid, utility-scale solar, wind, manufacturing,...

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Daily News Wrap-Up: Energy Storage Funding Drops 2% YoY in 1H 2026

Corporate funding for energy storage companies totaled $8.9 billion across 73 deals in the first half (1H) of 2026, down 2% year-over-year (YoY) from $9.1 billion across...

August 11, 2026

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Melvin Mathew

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Daily Wrap-up
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Amara Raja Energy to Invest ₹5.5 Billion in Subsidiaries

Battery manufacturer Amara Raja Energy & Mobility has approved additional investments totaling ₹5.5 billion (~$57.64 million) in two of its wholly owned subsidiaries...

August 11, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A
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Array’s Q2 Revenue Drops 6% YoY, Higher Volumes Push EBITDA

U.S.-based solar tracker company Array Technologies reported revenue of $342.1 million in the second quarter (Q2) of 2026, down 5.6% year-over-year (YoY) from $362.2...

August 11, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Solar and Wind Additions Push Global Renewable Energy Capacity to 5.2 TW

Global renewable energy capacity reached 5,155 GW at the end of 2025, following annual additions of 693 GW, taking renewables’ share of global installed power...

August 11, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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Fujiyama Commissions 2 GW Power Electronics Facility in Madhya Pradesh

Rooftop solar solutions and products company Fujiyama Power Systems has announced the commissioning of its 2 GW power electronics manufacturing facility in Ratlam...

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Government Bans New Solar, Wind Projects Within 1 km of India’s Borders

The Ministry of Home Affairs (MHA) has said no new solar, wind or hybrid renewable energy project will be permitted within 1 km of India’s international borders, the...

August 10, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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India’s Non-Fossil Power Capacity Crosses 300 GW

India’s installed non-fossil fuel-based electricity generation capacity reached 300.5 GW as of July 31, 2026, crossing 60% of the country’s target of 500 GW by 2030,...

August 10, 2026

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Melvin Mathew

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Renewable Energy

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Solar
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Daily News Wrap-Up: SECI Announces Winners of 1 GW FDRE-RTC Auction

The Solar Energy Corporation of India (SECI) announced the winners of the auction to supply 1 GW of Firm and Dispatchable Renewable Energy Round-the-Clock (FDRE-RTC)...

August 10, 2026

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Mercom Staff

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Daily Wrap-up
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Inox Wind’s Q1 FY 2027 Revenue Slips 1.5% YoY to ₹8.14 Billion

Wind energy solutions provider Inox Wind reported revenue from operations of ₹8.14 billion (~$85.5 million) in the first quarter (Q1) of the financial year (FY) 2027,...

August 7, 2026

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Arjun Joshi

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Finance and M&A

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Other
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China Targets 3.5 TW of Renewable Energy Capacity by 2030

China has set a target to increase its total renewable energy generation capacity to around 3.5 TW by 2030 under its Renewable Energy Development Plan for the 15th...

August 7, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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Higher Storage System Deliveries Drive Eos Energy’s Revenue Up 351% in Q2

U.S.-based energy storage solutions provider Eos Energy Enterprises reported a revenue of $68.8 million in the second quarter (Q2) of 2026, a 351% year-over-year (YoY)...

August 7, 2026

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Melvin Mathew

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Energy Storage

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Finance and M&A
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Vikram Solar’s Q1 Revenue Up 38% YoY, Profit Hit by Higher Costs of Goods

Solar module manufacturer Vikram Solar reported consolidated revenue from operations of ₹15.63 billion (~$164.2 million) in the first quarter (Q1) of the financial year...

August 7, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Fluence Energy’s Q3 Revenue Weaker than Expected Due to Production Delays

Utility-scale energy storage firm Fluence Energy posted revenue of $649.8 million in the third quarter (Q3) of the fiscal year (FY) 2026, up 7.9% year-over-year (YoY)...

August 7, 2026

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Rakesh Ranjan

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Energy Storage

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Finance and M&A

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