financial-results

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Saatvik’s Q4 Revenue Soars on Product Diversification, Backward Integration

Haryana-based solar module manufacturer Saatvik Green Energy reported a revenue of ₹16.07 billion (~$167 million) in the fourth quarter (Q4) of the financial year (FY)...

May 21, 2026

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Parth Shukla

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Finance and M&A

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Solar
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Daily News Wrap-Up: Storage Drives India’s Policy Shift in Q1 2026

India’s renewable energy sector is entering a phase of stricter regulatory compliance, growing integration of storage, and evolving market structures, according to...

May 20, 2026

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Mercom Staff

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Daily Wrap-up
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ReNew’s FY 2026 Net Profit Doubles as Capacity Additions Sustain Momentum

Decarbonization solutions company ReNew’s revenue for the fourth quarter (Q4) of financial year (FY) 2025-26 rose 9.5% to ₹31.79 billion (~$330.44 million) from ₹29.05...

May 19, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Daily News Wrap-Up: NLC Announces Winners of 500 MWh EPC Battery Storage Auction

NLC India announced the winner of its auction to set up a 250 MW/500 MWh battery energy storage system (BESS) at the Tamil Nadu Transmission Corporation’s substations....

May 19, 2026

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Mercom Staff

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Daily Wrap-up
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Solex’s Q4 Revenue Surges 248% on Higher Module Manufacturing, EPC Orders

Gujarat-based solar module manufacturer Solex Energy reported a revenue of ₹8.86 billion (~$92.39 million) for the fourth quarter (Q4) of the financial year (FY) 2026,...

May 18, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Daily News Wrap-Up: India Adds 1.6 GW of Wind Capacity in Q1 2026

India added nearly 1.6 GW of wind power capacity in the first quarter (Q1) of the calendar year 2026, up 14% quarter-over-quarter from 1.3 GW. The capacity additions...

May 18, 2026

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Mercom Staff

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Daily Wrap-up
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PFC’s FY 2026 Net Profit Rises 10% YoY, Loan Asset Book Tops ₹11.64 Trillion

State-owned lender to the energy sector, Power Finance Corporation (PFC), has reported consolidated revenue from operations of ₹289.20 billion (~$3.03 billion) in the...

May 15, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Daily News Wrap-Up: India Adds 15.3 GW of Solar Capacity in Q1 2026

India installed 15.3 GW of solar capacity in the first quarter (Q1) of 2026, its highest-ever quarterly total, according to Mercom India’s Q1 2026 India Solar Market...

May 15, 2026

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Mercom Staff

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Daily Wrap-up
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Strong US Demand Pushes Nextpower’s FY 2026 Revenue Up 20%

U.S.-based solar tracker firm Nextpower reported revenue of $880.5 million in the fourth quarter (Q4) of the financial year (FY) 2026, a 4.7% year-over-year (YoY)...

May 14, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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Tata Power’s Q4 FY 2026 Revenue Falls 8% on Lower EPC Revenue

Integrated power company Tata Power reported a revenue of ₹159.62 billion (~$1.67 billion) in the fourth quarter (Q4) of the financial year (FY) 2026, a 7.9%...

May 14, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy
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Plug Power Q1 Revenue Beats Estimates as Electrolyzer Sales Jump

Hydrogen fuel cell solutions provider Plug Power reported revenue of $163.51 million in the first quarter (Q1) of 2026, a 22.3% year-over-year (YoY) increase compared to...

May 14, 2026

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Arjun Joshi

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Finance and M&A

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Other
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CleanMax’s Q4 Revenue Up 29% on Higher Renewable Energy Sales

Clean energy solutions provider Clean Max Enviro Energy Solutions’ income for the fourth quarter (Q4) of the financial year (FY) 2026 rose 29.2% year-over-year (YoY) to...

May 13, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Sunrun Q1 2026 Revenue Rises 43%, Beats Analyst Estimates of $688 Million

U.S.-based residential solar and battery storage provider Sunrun reported a revenue of $722.2 million in Q1 2026, increasing 43% year-over-year (YoY) from $504.3 million....

May 13, 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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Solar
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Array Technologies’ Q1 Revenue Falls 26% YoY, Exceeds Analysts’ Expectations

U.S.-based solar tracker company Array Technologies reported revenue of $223.4 million in the first quarter (Q1) of 2026, down 26% year-over-year (YoY) compared to $302....

May 13, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Borosil Renewables’ Revenue Jumps 18% YoY, Reports Profit of ₹1.69 Billion in Q4

Mumbai-based solar glass manufacturer Borosil Renewables reported revenue of ₹4.4 billion (~$46.24 million) in the fourth quarter (Q4) of the financial year (FY) 2026,...

May 12, 2026

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Melvin Mathew

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Finance and M&A

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Solar

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