revenue

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Solex Energy’s Revenue Up 52% YoY to ₹4 Billion in 1H FY2026

Gujarat-based solar module manufacturer, Solex Energy, has reported a 52% year-over-year (YoY) revenue growth of ₹4.15 billion (~$46.83 million) in the first half (1H)...

October 10, 2025

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Staff

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Finance and M&A

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Solar
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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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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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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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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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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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Higher Order Execution Drives Inox Wind’s Revenue Up 32% YoY in Q1 FY 2026

Wind energy solutions provider Inox Wind reported a revenue of ₹8.63 billion (~$98.57 million) in the first quarter (Q1) of the financial year (FY) 2026, a 32%...

August 14, 2025

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Arjun Joshi

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Finance and M&A

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Wind
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Ballard Misses Revenue Expectations Despite 11% YoY Uptick in Q1 2025

Fuel cell manufacturer Ballard Power Systems reported a revenue of $17.8 million in the second quarter (Q2) of 2025, an 11% year-over-year (YoY) increase, supported by...

August 12, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Higher Tracker Shipments Drive Array Technologies’ Revenue Up 42% YoY in Q2

U.S.-based solar tracker company Array Technologies reported a revenue of $362.2 million in the second quarter (Q2) of 2025, a 42% year-over-year (YoY) increase compared...

August 12, 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: Renewables Account for 48.3% of India’s Power Capacity

India’s renewable energy capacity, including large hydroelectric projects, made up 48.3% of the country’s cumulative power capacity, with 234.2 GW installed at the end...

August 11, 2025

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Mercom Staff

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Daily Wrap-up
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FTC Solar Misses Expectations Despite a 75% YoY Rise in Revenue in Q2

U.S.-based solar tracker company FTC Solar reported revenue of $29.93 million in the second quarter (Q2) of 2025, representing a 75% year-over-year (YoY) increase from...

August 8, 2025

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Arjun Joshi

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Finance and M&A

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Solar
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Strong Demand Drives Shoals Technologies’ Q2 Revenue Up 11.7%

Shoals Technologies Group, a manufacturer of electrical balance of systems for solar, energy storage, and e-mobility, reported a revenue of $110.8 million in the second...

August 8, 2025

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Staff

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Finance and M&A

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Solar
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Lower Home Solution Sales Reduce SMA Solar’s 1H 2025 Revenue by 10% YoY

Germany-based solar energy equipment supplier SMA Solar Technology reported sales of €684.9 million (~$795.6 million) for the first half (1H) of 2025, marking a 9.8%...

August 7, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Lower Power Demand Drives Torrent Power’s Q1 Revenue Down 12% YoY

Gujarat-based Torrent Power’s revenue from operations decreased 12% year-over-year (YoY) to ₹79.06 billion (~$900.3 million) in the first quarter (Q1) of the financial...

August 6, 2025

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Arjun Joshi

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Other

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Renewable Energy

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