financial-results

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Daily News Wrap-Up: Solar Cell Production Lags Behind Module Manufacturing

India’s solar manufacturing sector is expanding unevenly, with module production scaling rapidly while cell manufacturing continues to lag. Despite policy support and...

April 30, 2026

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Mercom Staff

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Daily Wrap-up
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Emmvee Photovoltaic Reports 116% YoY Surge in FY 2026 Revenue

Bengaluru-based solar cell and module manufacturer, Emmvee Photovoltaic Power, reported a revenue of ₹17.39 billion (~$184 million) in the fourth quarter (Q4) of the...

April 29, 2026

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Arjun Joshi

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Finance and M&A

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Other
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REC Reports Record ₹163 Billion FY 2026 Profit, Loan Book Hits ₹5.84 Trillion

Public infrastructure finance company REC recorded a total income of ₹145.83 billion (~$1.54 billion) for the fourth quarter of the financial year 2026, down 5% from...

April 29, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Strong Project Execution Drives Websol’s Revenue Up 132% YoY in Q4 FY 2026

Solar cell and module manufacturer Websol Energy System reported a revenue of ₹4.01 billion (~$42.4 million) in the fourth quarter (Q4) of the financial year (FY) 2026,...

April 28, 2026

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Parth Shukla

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Finance and M&A

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Solar
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Tesla Q1 Revenue Up 16% YoY on Strong Automotive Business Growth

Electric vehicle (EV) maker Tesla reported total revenue of $22.39 billion for the first quarter (Q1) of 2026, a 16% year-over-year (YoY) increase from $19.34 billion,...

April 28, 2026

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Arjun Joshi

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Finance and M&A

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Other
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NextEra Energy Reports $6.7 Billion Q1 2026 Revenue, Misses Estimates

U.S.-based power producer NextEra Energy reported operating revenue of $6.7 billion for the first quarter (Q1) of 2026, a 7.3% year-over-year (YoY) increase from $6.25...

April 27, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Sterling and Wilson’s Revenue Drops 23% but Profit Surges in Q4 FY 2026

Sterling and Wilson Renewable Energy (SWREL) reported a consolidated revenue from operations of ₹19.46 billion (~$207.57 million) for the fourth quarter (Q4) of the...

April 23, 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: Top Solar Module Suppliers in 2025

Trina Solar, Waaree Energies, Goldi Solar, Rayzon Solar, and Saatvik Green Energy were the top solar module suppliers in 2025, according to Mercom’s recently released...

April 21, 2026

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Power Ministry Extends RCO Compliance Deadline

Ministry of Power extended the deadline for submission of Renewable Consumption Obligation compliance details for the financial year 2024–25 to May 31, 2026, following...

April 20, 2026

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Mercom Staff

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Daily Wrap-up
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Waaree Renewable Technologies’ Q4 FY 2026 Revenue Up 131% YoY

Waaree Renewable Technologies, the engineering, procurement, and construction (EPC) arm of the Waaree Group, reported a consolidated revenue from operations of ₹11.02...

April 17, 2026

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Arjun Joshi

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Finance and M&A

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Other

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Renewable Energy
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Funding and M&A Roundup: EnerVenue Secures $300 Million in Series B Funding

From: Mercom Capital Group EnerVenue Holdings, a company that develops metal-hydrogen batteries, announced the closing of a $300 million extension of its Series B...

April 8, 2026

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: 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 6, 2026

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: India’s Peak Power Demand to Reach 459 GW by 2036

India’s peak power demand is expected to rise to 459 GW by 2035-36 from 289 GW in 2026-27, according to the Central Electricity Authority’s National Generation Adequacy...

March 25, 2026

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Mercom Staff

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Daily Wrap-up
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CleanMax’s Income Rises 14% YoY in Q3 FY 2026

Clean energy solutions provider Clean Max Enviro Energy Solutions reported a total income of ₹4.66 billion (~$50.45 million) in the third quarter (Q3) of the financial...

March 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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Higher Deliveries Help Drive Ballard’s Revenue Up 37% YoY in Q4 2025

Fuel cell manufacturer Ballard Power Systems’ fourth quarter (Q4) 2025 revenue rose 37% year-over-year (YoY) to $33.6 million from $24.5 million. Earnings before...

March 17, 2026

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Parth Shukla

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Finance and M&A

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Other Energy

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