revenue

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EPC Contracts Push Waaree’s Revenue Up 83% in FY25

Waaree Renewable Technologies, the solar engineering, procurement, and construction (EPC) arm of the Waaree Group, has reported a 74.84% year-over-year (YoY) rise in...

April 17, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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PSERC Approves Punjab Transmission Corporation’s FY 2026 Revenue Requirement

The Punjab State Electricity Regulatory Commission (PSERC) has issued an order addressing the true-up of the Aggregate Revenue Requirement (ARR) for the financial year...

April 2, 2025

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Staff

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Grid

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Market & Policy
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Lower Home Solution Segment Sales Reduce SMA Solar’s Revenue by 20%

Germany-based solar energy equipment supplier SMA Solar Technology has reported a 19.7% decline in its 2024 revenue, primarily due to a significant decrease in sales in...

April 1, 2025

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Tina Freese

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Finance and M&A

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Solar
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JinkoSolar’s Q4 Revenue Drops 37% YoY Due to Lower Module Prices

China-based solar cell and module manufacturer JinkoSolar’s revenue dipped 37.1% year-over-year (YoY) to RMB20.65 billion (~$2.83 billion) in the fourth quarter (Q4) of...

March 27, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Canadian Solar Misses Expectations as Revenue Falls 11% YoY in Q4

Solar module manufacturer Canadian Solar generated $1.52 billion in revenue in the fourth quarter (Q4) of 2024, reflecting an 11% year-over-year decline due to lower...

March 27, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Ballard’s Q4 Revenue Falls 48% YoY to $24.5 Million, Misses Expectations

Fuel cell manufacturer Ballard Power Systems reported a revenue of $24.5 million, a 48% year-over-year (YoY) decline, in the fourth quarter (Q4) of 2024, reaching $24.5...

March 20, 2025

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Arjun Joshi

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Finance and M&A

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Other
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JSW Neo Acquires Renewable Energy Firm Virya Infrapower for ₹75.4 Million

JSW Neo Energy, a wholly owned subsidiary of JSW Energy, has acquired a 100% stake in Virya Infrapower for ₹75.4 million (~$866,000) in an all-cash transaction. The...

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ChargePoint Beats Revenue Expectations in Q4 Despite 12% YoY Decline

U.S.-based electric vehicle charging solutions company ChargePoint has reported a revenue of $101.9 million in the fourth quarter (Q4) of the fiscal year (FY) 2025, a...

March 6, 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 Rooftop Solar Installations Reach 3.2 GW in 2024

India installed 3.2 GW of rooftop solar capacity in 2024, an 86% increase from 2023, according to Mercom India Research’s newly released Q4 & Annual 2024 India...

March 5, 2025

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Mercom Staff

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Daily Wrap-up
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Solid Power Exceeds Revenue Expectations, Posts 16% Growth YoY

Solid Power, an all-solid-state battery (ASSB) manufacturer for electric vehicles, delivered $20.1 million in revenue during 2024, marking a 16% increase from $17.4...

March 5, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Array Technologies Posts 19% Dip in Q4 FY24 Revenue, Order Book Grows

U.S.-based solar tracker company Array Technologies has reported a revenue of $275.2 million in the fourth quarter (Q4) of the financial year (FY) 2024, aligning with...

March 4, 2025

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Staff

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Finance and M&A

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Solar
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Sunrun Misses Q4 2024 Revenue Estimates, Beats Earnings Expectations

U.S.-based solar energy, battery, and storage services provider Sunrun reported a revenue of $518.49 million in the fourth quarter (Q4) of 2024, a mostly flat growth...

March 3, 2025

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Arjun Joshi

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Finance and M&A

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Solar
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Data Centers Business Fuels Bloom Energy’s Revenue Growth in Q4 2024

Fuel cell and electrolyzer manufacturer Bloom Energy reported revenue of $572.4 million for the fourth quarter (Q4) of 2024, a 60% year-over-year (YoY) increase from...

March 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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Shoals’ Revenue Falls 18% Amid Delayed Projects and Political Shifts

Shoals Technologies Group, a manufacturer of electrical balance of systems for solar, energy storage, and e-mobility reported a net income of $7.8 million during the...

March 3, 2025

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Tina Freese

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Markets & Policy

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Press Releases
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Fluence Energy’s Revenue Drops in Q1, Lowers Guidance for FY 2025

Utility-scale energy storage firm Fluence Energy recorded a revenue of $186.8 million in the first quarter (Q1) of the fiscal year (FY) 2025, a 49% year-over-year (YoY)...

February 25, 2025

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Arjun Joshi

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Finance and M&A

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Other

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