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Daily News Wrap-Up: India Adds 15.3 GW of Solar Capacity in Q1 2026

India installed 15.3 GW of solar capacity in the first quarter (Q1) of 2026, its highest-ever quarterly total, according to Mercom India’s Q1 2026 India Solar Market...

May 15, 2026

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Mercom Staff

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Daily Wrap-up
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Sunrun Q1 2026 Revenue Rises 43%, Beats Analyst Estimates of $688 Million

U.S.-based residential solar and battery storage provider Sunrun reported a revenue of $722.2 million in Q1 2026, increasing 43% year-over-year (YoY) from $504.3 million....

May 13, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A

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Solar
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Ballard’s Revenue Up 26% in Q1 2026 on Higher Fuel Cell Shipments

Fuel cell manufacturer Ballard Power Systems’ revenue surged 26% year-over-year (YoY) to $19.4 million in the first quarter (Q1) of 2026, from $15.4 million on the back...

May 8, 2026

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Melvin Mathew

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Finance and M&A

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Other Energy
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SolarEdge’s Q1 Revenue Rises 41.5% YoY on Higher Inverter and Battery Shipments

Israel-based solar inverter manufacturer SolarEdge reported revenues of $310.5 million in the first quarter (Q1) of 2026, a 41.5% year-over-year (YoY) jump from $219.5...

May 8, 2026

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Melvin Mathew

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Energy Storage

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Finance and M&A
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First Solar’s Q1 Revenue Rises 24% YoY on Technology Edge, U.S. Manufacturing

U.S.-based module manufacturer First Solar reported a revenue of $1.04 billion in the first quarter (Q1) of 2026, rising 24% year-over-year (YoY). Adjusted earnings...

May 8, 2026

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Parth Shukla

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Finance and M&A

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Solar
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Foreign Market Disruptions Drive Scatec’s Q1 2026 Revenue Down 31% YoY

Norway-based renewable energy solutions provider Scatec reported revenue of NOK1.64 billion (~$177 million) in the first quarter (Q1) of 2026, down 31.3% year-over-year...

May 7, 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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Bloom Energy Q1 2026 Revenue Jumps 130% to $751 Million

Fuel cell and electrolyzer manufacturer Bloom Energy reported revenue of $751.1 million in the first quarter (Q1) of the financial year (FY) 2026, a 130.4%...

May 6, 2026

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Meghana Prasad

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Finance and M&A

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Renewable Energy
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Weather, Financing Challenges Weigh on Enphase’s Weak Start to 2026

Microinverter and battery storage supplier Enphase Energy reported revenue of $282.9 million in the first quarter (Q1) of 2026, decreasing 20.6% year-over-year (YoY)...

May 4, 2026

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Parth Shukla

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Finance and M&A

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Inverters & BOS
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Lower Manufacturing Costs Drive Vikram Solar’s Revenue in Q1 FY 2026

Module manufacturer Vikram Solar’s revenue increased by 79.7% year-over-year (YoY) to ₹1.13 billion (~$12.86 million) in the first quarter (Q1) of the financial year...

September 18, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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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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Renewables Growth Drives Tata Power’s Revenue, Profit Up in Q1 FY 2026

Integrated power company, Tata Power, reported a profit after tax of ₹12.62 billion (~$144 million) in the first quarter (Q1) of the financial year (FY) 2026, a 6%...

August 7, 2025

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Melvin Mathew

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Finance and M&A

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Solar

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T&D
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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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REC’s Loan Disbursements to Renewables Sector Up 12% YoY in Q1 FY26

Public infrastructure finance company REC has reported its highest-ever quarterly net profit of ₹44.51 billion (~$514.09 million) for the first quarter (Q1) of the...

July 30, 2025

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Staff

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Finance and M&A

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Solar
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Capacity Additions Push Adani Green’s Revenues Up 31% in Q1 2026

Adani Green Energy (AGEL) reported a 31% year-over-year (YoY) revenue surge, from ₹25.28 billion (~$291 million) to ₹33.13 billion (~$382 million) in the first quarter...

July 29, 2025

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Tina Freese

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Finance and M&A

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Renewable Energy
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IREDA’s Q1 FY 2026 Profits Fall 35% as Non-Performing Assets Expand

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has reported a consolidated revenue of ₹19.48 billion (~$226 million) for the first quarter...

July 22, 2025

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Tina Freese

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Finance and M&A

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Other

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Renewable Energy

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