financials

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Torrent Power’s Q4 FY 2026 Revenue Flat Due to Gas Market Volatility

Gujarat-based Torrent Power posted revenue of ₹64.06 billion (~$673.03 million) in the fourth quarter (Q4) of the financial year (FY) 2026, down 0.8% year-over-year...

May 13, 2026

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Rakesh Ranjan

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Finance and M&A

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Renewable Energy
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JSW Energy’s Q4 Revenue Up 39% as Renewable Capacity Rises

Independent power producer JSW Energy posted revenue of ₹48.51 billion (~$513.49 million) in the fourth quarter (Q4) of the financial year (FY) 2026, an increase of 38....

May 11, 2026

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Rakesh Ranjan

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Finance and M&A

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Renewable Energy
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Fluence Energy’s Revenue Rises 8% YoY to $465 Million in Q2 2026

Utility-scale energy storage firm Fluence Energy reported revenue of $464.9 million for the second quarter (Q2) of fiscal year 2026, a 7.7% year-over-year (YoY) increase...

May 8, 2026

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Meghana Prasad

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Energy Storage

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Finance and M&A
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FTC Solar’s Net Loss Widened by 14.49% Due to Low Product Volume

U.S.-based solar tracker company FTC Solar reported revenue of $13.2 million in the fourth quarter (Q4) of 2024, representing a 43.1% year-over-year (YoY) decline from...

April 7, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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NextEra Energy’s Q4 2024 Revenue Drops 21.69%

U.S.-based power producer NextEra Energy reported a 21.69% year-over-year (YoY) drop in consolidated revenue to $5.38 billion in the fourth quarter (Q4) of the financial...

January 30, 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: Solar Power Reaches 21% in India’s Power Mix

Solar photovoltaic projects comprised 21.2% of India’s total installed power capacity and 46.8% of the total installed renewable capacity at the end of December 2024....

January 30, 2025

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Melvin Mathew

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Daily Wrap-up
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Daily News Wrap-Up: NVVN Awards 66 MW Solar Projects to Two Companies

NTPC Vidyut Vyapar Nigam (NVVN) has awarded seven contracts to Kirloskar Solar Technologies to develop 32.29 MW ground-mounted and 14.74 MW rooftop solar projects, with...

November 15, 2024

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Mercom Staff

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Daily Wrap-up
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Price Cuts of Imported Solar Glass Plunge Borosil Into ₹131 Million Loss in Q2

Mumbai-based solar glass manufacturer Borosil Renewables reported a net loss of ₹131.27 million (~$1.55 million) in the second quarter (Q2) of the financial year (FY)...

November 12, 2024

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Staff

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Finance and M&A

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Solar
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Suspension of Facilities Sinks REC Silicon into 112.09% YoY Net Loss in Q3 2024

Norway-based silicon material manufacturer REC Silicon‘s net loss widened 112.09% year-over-year (YoY) to $52.6 million in the third quarter (Q3) 2024 from $24.8...

November 12, 2024

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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: India’s Solar Share in Installed Power Capacity Up 20%

India’s installed power capacity was 450.7 GW as of September 2024. Renewable energy accounted for 44.3% of the country’s power capacity mix, with 199.5 GW installed at...

November 12, 2024

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Mercom Staff

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Daily Wrap-up
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SJVN’s Q2 FY25 Revenue Up 17% YoY, Driven by Renewables Expansion

Government-owned power generation company SJVN’s revenue rose 16.38% year-over-year (YoY) to ₹11.08 billion (~$131.33 million) in the second quarter (Q2) of the...

November 11, 2024

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Staff

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Finance and M&A

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Other

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Solar

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Wind
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Nextracker Posts Seventh Consecutive Quarter of Double-Digit Revenue Growth

US-based solar tracker firm Nextracker’s net profit climbed 193.9% year-over-year (YoY) to $115.39 million in the second quarter (Q2) of the financial year (FY) 2024-25...

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Daily News Wrap-Up: Powerica Wins SECI’s 500 MW Wind Auction

Powerica has won Solar Energy Corporation of India’s (SECI) auction to develop 500 MW interstate transmission system (ISTS)-connected wind power projects (Tranche-XVII)....

October 29, 2024

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Staff

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Daily Wrap-up
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Gensol Engineering’s Net Profit Surges Eight Fold to ₹120 Million in Q3 FY24

Engineering and consulting firm Gensol Engineering posted a net profit of ₹123.1 million (~$1.5 million) in the third quarter (Q3) of the financial year (FY) 2024, an...

January 24, 2024

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Arjun Joshi

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Markets & Policy

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Solar
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Waaree Renewable Tech’s Profit Surges by 158% to ₹645 Million YoY in Q3 FY24

Waaree Renewable Technologies, the solar engineering, procurement, and construction (EPC) arm of the Waaree Group, posted a net profit of ₹644.6 million (~$7.7 million)...

January 23, 2024

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Arjun Joshi

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Other

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Renewable Energy

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