q3

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Enphase Q3 Revenue Best in Two Years on Higher Inverter, Battery Demand

Microinverter and battery storage supplier Enphase Energy’s revenue for the third quarter (Q3) of 2025 rose 7.8% year-over-year (YoY) to  $410.4 million from $380.87...

October 29, 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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Adani Green’s Q2 Profit Rises 24.2% on Higher Renewable Energy Sales

Adani Green Energy’s (AGEL) revenue dropped 4.3% year-over-year (YoY) to ₹32.49 billion(~$368.5 million) in the second quarter (Q2) of the financial year (FY) 2026 from...

October 29, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Rise in Polysilicon Prices Drives Daqo’s Revenue Up 23% in Q3 2025

China-based photovoltaic-grade polysilicon manufacturer Daqo New Energy Corporation has posted a revenue of $244.6 million in the third quarter (Q3) of 2025, up 23%...

October 28, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Tesla Q3 Revenue Up 12% in Q3 on Strong Automotive Business Growth

Electric vehicle (EV) maker Tesla reported a total revenue of $28.1 billion for the third quarter of 2025, a 12% year-over-year (YoY) increase from $25.1 billion. The...

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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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Alpex Solar Posts 423% YoY Profit Increase in Q3, Expands Module Capacity  

Greater Noida-based solar module manufacturer Alpex Solar reported a 137.22% year-over-year (YoY) increase in revenue to ₹1.88 billion (~$21.62 million) in the third...

February 21, 2025

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Melvin Mathew

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Finance and M&A

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Modules

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Solar
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Borosil Hurt by Cheaper Chinese Solar Glass, Loss Widens in Q3 FY 2025

Borosil Renewables reported a net loss of ₹300.7 Million (~$3.46 million) in the third quarter (Q3) of the financial year (FY) 2025, from a loss of ₹158.9 million (~$1....

February 19, 2025

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Staff

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Finance and M&A

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Other
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Tata Power Sustains Growth Momentum, PAT Up 10% YoY in Q3 FY 2025

Integrated power company Tata Power has reported a ₹11.88 billion (~$136.4 million) profit after tax (PAT) in the third quarter (Q3) of the financial year (FY) 2025, a...

February 6, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Torrent’s Q3 Profit Up 31% on Higher Merchant Sales and Power Demand

Gujarat-based power company Torrent Power recorded a profit after tax (PAT) of ₹4.89 billion (~$55.9 million) for the third quarter (Q3) of the financial year (FY) 2025,...

February 5, 2025

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Tina Freese

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Finance and M&A

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Other

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Renewable Energy
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Module Sales Drive Waaree Energies’ Profit Up 260% in Q3 FY 2025

Waaree Energies’ net profit for the third quarter (Q3) of the financial year (FY) 2024-25 rose 260% to ₹5.07 billion (~$58.54 million) from ₹1.41 billion (~$16.28...

February 3, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Nextracker Beats Earnings Estimates in Q3 FY25, Raises 2025 Profit Outlook

U.S.-based solar tracker firm Nextracker has reported a net profit of $115.28 million in the third quarter (Q3) of the financial year (FY) 2025, a 178.48% year-over-year...

January 31, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Adani Green’s Q3 Profits Jump 84%, Operational Capacity Up 37%

Renewable energy company Adani Green Energy (AGEL) reported an 84.07% year-over-year (YoY) growth in net profit for the third quarter (Q3) of the financial year (FY)...

January 24, 2025

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Melvin Mathew

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Uncategorized
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IREDA’s Q3 Profits Record a 27% YoY Increase

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has reported a profit after tax of ₹4.25 billion (~$49.52 million) during the third quarter...

January 10, 2025

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Tina Freese

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Other

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Renewable Energy
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India Adds an Unprecedented 16 GW Solar Capacity in 9M 2024

India added 16.4 GW of solar capacity in the first nine months (9M) of 2024, a 167% year-over-year (YoY) increase from 6.2 GW in 9M 2023, according to Mercom India...

November 21, 2024

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Arjun Joshi

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Markets & Policy

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Mercom Research Focus

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Solar
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Adani Green Registers 47% YoY Increase in Cash Profits in 9M 2022

Renewable energy company Adani Green Energy (AGEL) has generated ₹26.55 billion (~$355.04 million) as revenue from power supply in the first nine months (9M) of the...

February 3, 2022

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Arjun Joshi

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Markets & Policy

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Solar

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