Finance and M&A
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...
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...
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...
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,...
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%...
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)...
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...
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...
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....
From: Mercom Capital Group Exowatt, a provider of thermal energy storage solutions, secured $70 million in a Series A funding round led by Felicis, a venture capital...
REC, a state-owned infrastructure finance company, has raised ₹50 billion (~$586 million) through the issuance of bonds. The offering included ₹30 billion (~$352...
Renewable energy company Adani Green Energy (AGEL) generated revenue of ₹26.66 billion (~$312.88 million) from power supply in the fourth quarter (Q4) of the financial...
U.S.-based microinverter and battery storage supplier Enphase Energy reported a 35.22% year-over-year (YoY) rise in revenue to $356.1 million in the first quarter (Q1)...
U.S.-based power producer NextEra Energy reported operating revenue of $6.25 billion for the first quarter (Q1) of 2025, a 9% year-over-year (YoY) increase from $5.73...
Sterling and Wilson Renewable Energy (SWREL), the engineering, procurement, and construction (EPC) arm of the Shapoorji Pallonji Group, recorded its highest-ever...
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