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Businesses are Powering the Renewable Revolution, But Systemic Gaps Persist: Report

In 2024, RE100 member companies consumed over 545 TWh of electricity. More than half of that power, 53%, was attributed to renewable sources. Yet only 42% was verified...

June 4, 2025

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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California Grid Operator Curtails Solar and Wind Power to Maintain Grid Stability

The California Independent System Operator (CAISO), the grid operator for most of the state, is increasingly curtailing solar and wind-powered electricity generation to...

June 2, 2025

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Tina Freese

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Solar
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Waaree Bags $176 Million Order from US to Supply 586 MW Solar Modules

Waaree Solar Americas, a wholly owned subsidiary of Waaree Energies, has received an order to supply 586 MW of solar modules for $176 million from a U.S.-based...

May 30, 2025

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Arjun Joshi

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Markets & Policy

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Modules

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Solar
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Enhanced Geothermal Systems Could Meet 10% of US Power Demand: USGS

The U.S. Geological Survey (USGS) has indicated that geothermal energy in Nevada’s Great Basin and adjoining areas could potentially supply electricity equivalent to...

May 29, 2025

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Staff

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Market & Policy

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Other
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US Clean Energy Tax Credits at Risk as Reconciliation Bill Moves to Senate

The U.S. House of Representatives passed the 2025 budget reconciliation bill, advancing it to the Senate. The bill proposes significant changes that could severely...

May 23, 2025

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Rising Electrolyzer Demand Drives Plug Power’s Q1 Revenue Up 11% YoY

Hydrogen fuel cell solutions provider Plug Power reported a revenue of $133.67 million in the first quarter (Q1) of 2025, an 11% year-over-year (YoY) increase compared...

May 22, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Southeast Asia Braces for Steep US Anti-Dumping Duties on Solar Cells

The United States International Trade Commission (USITC) voted to conclude that domestic solar module manufacturers suffered material injury from imports of crystalline...

May 21, 2025

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Tina Freese

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Markets & Policy

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Solar
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China Overtakes Canada to Regain Top Spot Among Li-ion Supply Chain Countries

China has overtaken Canada to return as the leading Lithium-Ion (Li-ion) supply-chain country in 2024, according to BloombergNEF’s (BNEF) fifth edition of the Global...

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Nextracker Beats Revenue and EPS Expectations in Q4 FY 2025

U.S.-based solar tracker firm Nextracker has reported a revenue of $924.34 million in the fourth quarter (Q4) of the fiscal year (FY) 2025, a 25% year-over-year (YoY)...

May 16, 2025

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Arjun Joshi

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Finance and M&A

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Other
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US Draft Budget Proposes Sweeping Changes to Clean Energy Incentives

The U.S. House Ways & Means Committee has issued the initial draft of the 2025 budget reconciliation bill, proposing sweeping revisions to clean energy tax...

May 15, 2025

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Indian Solar Companies Eye Export Gains As US Slaps Steep Tariffs on Southeast Asia

The 90-day pause on reciprocal trade tariffs between the U.S. and China may temporarily dampen prospects for Indian solar exporters, but the heavy U.S. import duties on...

May 14, 2025

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Melvin Mathew

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Mercom Research Focus

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Solar
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Sunrun’s Q1 2025 Revenue Up 10%, Market Share Increases

Sunrun, a U.S.-based residential solar and battery storage provider, reported a 10% increase in total revenue of $504.27 million for the first quarter (Q1) of 2025...

May 14, 2025

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Staff

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Finance and M&A

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Solar
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Rise in Product Shipment Volume Drives Eos Energy’s Revenue Up 58% YoY

U.S.-based energy storage solutions provider Eos Energy Enterprises reported a 58% year-over-year (YoY)increase in revenue from $6.6 million to $10.5 million in the...

May 13, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Residential Rooftop Solar Prices in the US Dropped to $2.50/W in 2H 2024

Residential rooftop solar prices in the U.S. fell for the third consecutive half-year to $2.5/W in the second half (2H) of 2024 due to softening demand, high interest...

May 13, 2025

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Melvin Mathew

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Rooftop

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Solar
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US, China Agree to Slash Reciprocal Trade Tariffs by 115% for 90 Days

The U.S. and China have agreed to slash reciprocal trade tariffs by 115% for 90 days. The new tariffs will come into effect from May 14, 2025, the two countries said in...

May 13, 2025

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Melvin Mathew

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Finance and M&A

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Markets & Policy

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Solar

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