Revenue

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Daily News Wrap-Up: India Installs 2.7 GW Solar Open Access in Q1 2026

India added 2.7 GW of solar open access capacity in the first quarter of 2026, according to Mercom India’s Q1 2026 India Solar Open Access Market Report, marking a 55%...

May 22, 2026

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Staff

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Daily Wrap-up
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ReNew’s FY 2026 Net Profit Doubles as Capacity Additions Sustain Momentum

Decarbonization solutions company ReNew’s revenue for the fourth quarter (Q4) of financial year (FY) 2025-26 rose 9.5% to ₹31.79 billion (~$330.44 million) from ₹29.05...

May 19, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Automation, Higher Deliveries Send Eos Energy Q1 Revenue Soaring

U.S.-based energy storage solutions provider Eos Energy Enterprises posted revenue of $57 million in the first quarter (Q1) of 2026, up 444.7% year-over-year (YoY) from...

May 19, 2026

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Rakesh Ranjan

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Energy Storage

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Finance and M&A
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Solex’s Q4 Revenue Surges 248% on Higher Module Manufacturing, EPC Orders

Gujarat-based solar module manufacturer Solex Energy reported a revenue of ₹8.86 billion (~$92.39 million) for the fourth quarter (Q4) of the financial year (FY) 2026,...

May 18, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Higher Sales Volume Pushes Premier Energies’ Revenue Up 40% YoY in Q4 FY 2026

Solar module and cell manufacturer Premier Energies has posted revenue of ₹22.7 billion (~$237.12 million) in the fourth quarter (Q4) of the financial year (FY) 2026, up...

May 15, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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SJVN’s Q4 FY 2026 Revenue Soars 197%, Loss Narrows

Government-owned power generation company SJVN’s revenue rose 196.7% to ₹14.96 billion (~$156.31 million) in the fourth quarter of the financial year (FY) 2026 from ₹5....

May 15, 2026

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Meghana Prasad

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Finance and M&A

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Solar
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PFC’s FY 2026 Net Profit Rises 10% YoY, Loan Asset Book Tops ₹11.64 Trillion

State-owned lender to the energy sector, Power Finance Corporation (PFC), has reported consolidated revenue from operations of ₹289.20 billion (~$3.03 billion) in the...

May 15, 2026

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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: Tamil Nadu Issues Draft MYT Framework Until FY 2032

The Tamil Nadu Electricity Regulatory Commission (TNERC) released its draft multi-year tariff (MYT) regulations for distribution licensees (DISCOMs) covering financial...

May 14, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Plug Power Q1 Revenue Beats Estimates as Electrolyzer Sales Jump

Hydrogen fuel cell solutions provider Plug Power reported revenue of $163.51 million in the first quarter (Q1) of 2026, a 22.3% year-over-year (YoY) increase compared to...

May 14, 2026

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Arjun Joshi

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Finance and M&A

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Other
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CleanMax’s Q4 Revenue Up 29% on Higher Renewable Energy Sales

Clean energy solutions provider Clean Max Enviro Energy Solutions’ income for the fourth quarter (Q4) of the financial year (FY) 2026 rose 29.2% year-over-year (YoY) to...

May 13, 2026

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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’ Q1 Revenue Falls 26% YoY, Exceeds Analysts’ Expectations

U.S.-based solar tracker company Array Technologies reported revenue of $223.4 million in the first quarter (Q1) of 2026, down 26% year-over-year (YoY) compared to $302....

May 13, 2026

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Arjun Joshi

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Finance and M&A

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Other
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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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Daily News Wrap-Up: Global Solar Corporate Funding Rises 131% YoY in Q1 2026

Corporate funding in the solar sector rose to $11.1 billion across 53 deals in the first quarter of 2026, marking a 131% year-over-year increase from the $4.8 billion...

May 11, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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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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REC Silicon Posts Lower Q1 Revenue as Oversupply Pressures Persist

Norway-based silicon material manufacturer REC Silicon reported revenue of $19.5 million in the first quarter (Q1) of 2026, down 8.9% from $21.4 million in the same...

May 8, 2026

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Arjun Joshi

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Finance and M&A

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Other

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