2025

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Market Leaders in India’s Solar Sector in 2025

India’s solar sector witnessed a major reshuffle in market leadership in 2025, with 35 new companies entering the top 10 rankings across key segments, reflecting the...

April 2, 2026

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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India’s Energy Storage Capacity Rose 26% YoY in 2025, Adding 547 MWh

India added nearly 547 MWh of battery energy storage capacity in 2025, around 26% year-over-year (YoY) increase from over 433 MWh, according to the newly released 2H...

March 25, 2026

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Melvin Mathew

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Energy Storage

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Mercom Research Focus
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Canadian Solar Reports 20% Revenue Drop in Q4 Amid Lower Module Shipments

Renewable energy solutions provider Canadian Solar’s revenue for the fourth quarter (Q4) of 2025 declined 20% year-over-year (YoY) to $1.22 billion, from $1.52 billion...

March 24, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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India Added 119 GW Solar Module and 9 GW Cell Capacity in 2025

India added nearly 119 GW of solar module and over 9 GW of solar cell capacity in 2025, according to Mercom India’s State of Solar PV Manufacturing in India 2026 report....

March 18, 2026

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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Germany’s Grid-Connected Solar Capacity Rises to 106.2 GW in 2025

Germany’s total installed grid-connected photovoltaic systems installed on roofs and properties stood at nearly 4.8 million units, with a total capacity of about 106.2...

March 16, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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Array Technologies’ Revenue Drops 17.8% in Q4 2025, Net Loss Widens

U.S.-based solar tracker company Array Technologies’ fourth quarter (Q4) 2025 revenue dropped 17.8% year-over-year (YoY) to $226 million from $275 million. The revenue,...

February 27, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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Rooftop Solar Growth Accelerates in India with 7.1 GW Added in 2025, a 123% YoY Jump

India’s rooftop solar capacity grew to 7.1 GW in the calendar year (CY) 2025, an over 123% year-over-year (YoY) jump from 3.2 GW in 2024, according to Mercom India...

February 26, 2026

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Melvin Mathew

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Mercom Research Focus

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Rooftop

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Solar
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India Adds 7.8 GW of Solar Open Access Capacity in 2025

India added 7.8 GW of solar open access capacity in 2025, a largely flat 0.5% year-over-year (YoY) growth from 7.7 GW, according to Mercom’s Q4 & Annual 2025 India...

February 19, 2026

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Parth Shukla

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Mercom Research Focus

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Open Access

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Solar
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Germany Adds 16.4 GW of Solar Capacity in 2025, Setting a New Record

Germany added 16.4 GW of solar capacity in 2025, up 1.2% year-over-year (YoY) and setting a new record, according to data from the Federal Network Agency...

January 22, 2026

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Parth Shukla

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Markets & Policy

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Rooftop

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Solar

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Utility Scale
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Five Lowest Renewable Plus Storage Auction Tariffs in India During 2025 [Infographics]

Renewable energy implementing agencies are leaning towards integrating energy storage systems with renewable energy to address the intermittency of solar and wind energy...

December 31, 2025

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Melvin Mathew

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Energy Storage

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Mercom Research Focus

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Solar
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Shoals’ Revenue Jumps 33% in Q3 on Higher Project Volumes

U.S.-headquartered Shoals Technologies Group, a manufacturer of electrical balance of systems (EBOS) for solar, energy storage, and emobility, reported a 32.8%...

November 18, 2025

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Melvin Mathew

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Energy Storage

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Finance and M&A

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Solar
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Solar Installations in India Surge 53.7% YoY in 9M 2025 with 26.6 GW

India added a solar capacity of 26.6 GW in the first nine months (9M) of the calendar year (CY) 2025, an increase of 53.7% year-over-year (YoY) from 17.3 GW, according...

November 18, 2025

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Melvin Mathew

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Mercom Research Focus

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Solar

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Utility Scale
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Deliveries to Bus, Rail Segments Help Ballard’s Revenue Growth in Q3

Fuel cell manufacturer Ballard Power Systems’ revenue surged 120% year-over-year (YoY) to $32.5 million in the third quarter (Q3) of 2025, from $14.8 million on the back...

November 17, 2025

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Melvin Mathew

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Energy Storage

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Finance and M&A
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Eos Energy Posts Record Revenue in Q3, But Loss Widens

U.S.-based energy storage solutions provider Eos Energy Enterprises reported a record revenue of $30.51 million in the third quarter (Q3) of 2025, a 3,500%...

November 12, 2025

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Melvin Mathew

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Energy Storage

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Finance and M&A
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SolarEdge’s Revenue Rises 45% YoY in Q3 on Strong US Sales

Israel-based solar inverter manufacturer SolarEdge reported revenue of $340.2 million in the third quarter (Q3) of 2025, representing a 44.5% year-over-year (YoY)...

November 10, 2025

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Melvin Mathew

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Finance and M&A

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Inverters & BOS

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