financial-results

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ReNew’s Revenue and Profit in Q1 FY 2026 Up on Higher Module Sales

Decarbonization solutions company ReNew has reported a 1,202% year-over-year (YoY) increase in net profit to ₹5.13 billion ($59 million) in the first quarter (Q1) of the...

August 14, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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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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Suzlon’s Revenue Jumps 55% on Higher Wind Turbine Sales in Q1 FY 2026

Wind turbine manufacturer Suzlon Energy recorded a net profit of ₹3.24 billion(~$37.01 million) in the first quarter (Q1) of the financial year (FY) 2026, increasing 7....

August 14, 2025

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Melvin Mathew

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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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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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First Solar’s Revenue Up 8.6% YoY in Q2 2025 on Higher Module Sales

U.S.-based solar module manufacturer First Solar reported a revenue of $1.1 billion in the second quarter (Q2) of 2025, an 8.6% year-over-year (YoY) increase from $1.01...

August 8, 2025

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Melvin Mathew

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Finance and M&A

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Manufacturing

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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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Daily News Wrap-Up: Power Ministry Ends URET Mechanism

The Ministry of Power ended the uniform renewable energy tariff (URET) mechanism in response to concerns of renewable energy implementing agencies and developers over...

August 7, 2025

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Mercom Staff

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Daily Wrap-up
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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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Data Center Business Fuels Bloom Energy’s Revenue Growth in Q2 2025

Fuel cell and electrolyzer manufacturer Bloom Energy has reported a revenue of $401.2 million for the second quarter (Q2) of 2025, a 25.9% year-over-year (YoY) increase...

August 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: L&T Wins BSGCL’s Solar Plus Storage Auction

Larsen and Toubro Renewables (L&T) won Bihar State Power Generation Company’s auction for the engineering, procurement, and construction of a 116 MW solar power...

August 5, 2025

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Mercom Staff

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Daily Wrap-up
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Eos Misses Analyst Expectations Despite Record Revenues in Q2 2025

U.S.-based energy storage solutions provider Eos Energy Enterprises reported a record quarterly revenue of $15.2 million in the second quarter (Q2) of 2025, a 1,597%...

August 4, 2025

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Arjun Joshi

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Finance and M&A

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Other Energy
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Full-Scale Solar Module Plant Operations Drive Premier Energies’ Profit Up

Solar module and cell manufacturer Premier Energies reported a net profit of ₹3.08 billion (~$36.94 million) in the first quarter (Q1) of the financial year (FY) 2026, a...

August 4, 2025

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Staff

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Finance and M&A

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Solar

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