profit

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Solarworld’s Q4 Revenue Doubles as its Solar and BESS Manufacturing Scales

Uttar Pradesh-based renewable energy company Solarworld Energy Solutions reported consolidated revenue from operations of ₹5.92 billion (~$61.94 million) in the fourth...

May 27, 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: MNRE Unveils Relief Plan for 45 GW Projects Awaiting PPAs

The Ministry of New and Renewable Energy (MNRE) prepared a draft one-time relief package for renewable energy projects that have received Letters of Award but have yet...

May 27, 2026

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Meghana Prasad

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Daily Wrap-up

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Other
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Insolation Energy’s Revenue Doubles in Q4 FY 2026 on Higher Solar Demand

Jaipur-based solar module manufacturer Insolation Energy posted revenue of ₹7.92 billion (~$83.12 million in the fourth quarter (Q4) of the financial year (FY) 2026, up...

May 26, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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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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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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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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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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Robust Module Sales Drive Vikram Solar’s Revenue Up 22% in Q4 FY 2026

Solar module manufacturer Vikram Solar’s revenue from operations for the fourth quarter (Q4) of the financial year (FY) 2026 rose 21.7% year-over-year (YoY) to ₹14.53...

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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