financial-results

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Saatvik Green Records 272% YoY Revenue Growth in Q1 FY 2026

Haryana-based solar module manufacturer Saatvik Green Energy has recorded a revenue of ₹9.16 billion (~$103.20 million) in the first quarter (Q1) of the financial year...

October 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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Daily News Wrap-Up: India’s Solar Imports Up 8.3% YoY in Q2 2025

India imported solar cells and modules worth over $839.4 million (₹71.9 billion) in the second quarter (Q2) of 2025, an 8.3% year-over-year (YoY) increase, according to...

September 19, 2025

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Mercom Staff

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Daily Wrap-up

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Other
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Lower Manufacturing Costs Drive Vikram Solar’s Revenue in Q1 FY 2026

Module manufacturer Vikram Solar’s revenue increased by 79.7% year-over-year (YoY) to ₹1.13 billion (~$12.86 million) in the first quarter (Q1) of the financial year...

September 18, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Daily News Wrap-Up: Coal India Floats EPC Tender for 3 GW Solar Projects

Coal India floated an engineering, procurement, and construction (EPC) tender to set up 3,000 MW grid-connected solar projects anywhere in India on a turnkey basis. Bids...

September 4, 2025

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Mercom Staff

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Daily Wrap-up
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Borosil Renewables Reports 7% YoY Dip in Revenue in Q1 FY 2026

Solar glass manufacturer Borosil Renewables reported revenue of ₹3.46 billion (~$39.4 million) for the first quarter (Q1) of the financial year (FY) 2026, a 7%...

September 3, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Daqo’s Revenue in Q2 Dropped 65.8% YoY Due to Lower Sales

China-based photovoltaic-grade polysilicon manufacturer Daqo New Energy Corporation reported a revenue of $75.2 million in the second quarter (Q2) of 2025, a 65.8%...

September 1, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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REC Silicon’s Q2 Revenue Dips on Lower Sales and Maintenance Outages

REC Silicon, a Norway-based silicon material manufacturing company, reported a revenue of $19.9 million for the second quarter (Q2) of 2025, an 83% year-over-year (YoY)...

August 26, 2025

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Staff

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Finance and M&A

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Renewable Energy
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Higher Sales Drive Hydrogen Fuel Cell Company Plug Power’s Revenue Up 21%

Hydrogen fuel cell solutions provider Plug Power reported a revenue of $174 million in the second quarter (Q2) of 2025, a 21% year-over-year (YoY) increase from $143...

August 26, 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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Domestic Demand for US-Made Goods Grows SolarEdge’s Revenue by 9.04%

Israel-based solar inverter manufacturer SolarEdge reported a revenue of $289.4 million in the second quarter (Q2) of 2025, a 9.04% year-over-year (YoY) growth from $265....

August 25, 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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Canadian Solar Misses Revenue Expectations in Q2 Despite 4% YoY Rise

Solar module manufacturer Canadian Solar’s revenue for the second quarter (Q2) of 2025 rose 4% year-over-year (YoY) to $1.69 billion, due to higher sales of battery...

August 22, 2025

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Arjun Joshi

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C&I

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Solar
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Scatec’s Revenue Rises 26% in Q2 on Forex Gains and Lower Interest Costs

Norway-based renewable energy solutions provider Scatec posted a revenue of NOK1.31 billion (~$124.76 million) in the second quarter (Q2) of the financial year (FY) 2025,...

August 20, 2025

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Staff

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Finance and M&A

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Renewable Energy
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Daily News Wrap-Up: Tata Power Announces Winners of 250 MW FDRE Auction

Juniper Green Energy, Navayuga Engineering Company, ACME Solar Holdings, and Tata Power Renewable Energy won Tata Power Company’s auction to supply 250 MW of firm...

August 20, 2025

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Mercom Staff

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Daily Wrap-up
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Fluence Energy’s Revenue Up 25% in Q3 2025, Misses Forecasts

Utility-scale energy storage firm Fluence Energy reported revenue of $602.5 million for the third quarter (Q3) of the financial year (FY) 2025, a 24.7% increase from the...

August 19, 2025

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Staff

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Energy Storage

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Finance and M&A
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Daily News Wrap-Up: India’s Solar Module Manufacturing Capacity Reaches 100 GW

India’s solar module manufacturing capacity under the Approved List of Models and Manufacturers (ALMM) reached the 100 GW milestone, up from just 2.3 GW in 2014,...

August 18, 2025

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Mercom Staff

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Daily Wrap-up
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ReNew’s Revenue and Profit in Q1 FY 2026 Up on Higher Module Sales

Decarbonization solutions company ReNew has reported a 1,202% year-over-year (YoY) increase in net profit to ₹5.13 billion ($59 million) in the first quarter (Q1) of the...

August 14, 2025

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Melvin Mathew

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Finance and M&A

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Solar

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