revenue

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JSW Neo Acquires Renewable Energy Firm Virya Infrapower for ₹75.4 Million

JSW Neo Energy, a wholly owned subsidiary of JSW Energy, has acquired a 100% stake in Virya Infrapower for ₹75.4 million (~$866,000) in an all-cash transaction. The...

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ChargePoint Beats Revenue Expectations in Q4 Despite 12% YoY Decline

U.S.-based electric vehicle charging solutions company ChargePoint has reported a revenue of $101.9 million in the fourth quarter (Q4) of the fiscal year (FY) 2025, a...

March 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: India’s Rooftop Solar Installations Reach 3.2 GW in 2024

India installed 3.2 GW of rooftop solar capacity in 2024, an 86% increase from 2023, according to Mercom India Research’s newly released Q4 & Annual 2024 India...

March 5, 2025

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Mercom Staff

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Daily Wrap-up
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Solid Power Exceeds Revenue Expectations, Posts 16% Growth YoY

Solid Power, an all-solid-state battery (ASSB) manufacturer for electric vehicles, delivered $20.1 million in revenue during 2024, marking a 16% increase from $17.4...

March 5, 2025

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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 Posts 19% Dip in Q4 FY24 Revenue, Order Book Grows

U.S.-based solar tracker company Array Technologies has reported a revenue of $275.2 million in the fourth quarter (Q4) of the financial year (FY) 2024, aligning with...

March 4, 2025

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Staff

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Finance and M&A

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Solar
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Sunrun Misses Q4 2024 Revenue Estimates, Beats Earnings Expectations

U.S.-based solar energy, battery, and storage services provider Sunrun reported a revenue of $518.49 million in the fourth quarter (Q4) of 2024, a mostly flat growth...

March 3, 2025

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Arjun Joshi

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Finance and M&A

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Solar
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Data Centers Business Fuels Bloom Energy’s Revenue Growth in Q4 2024

Fuel cell and electrolyzer manufacturer Bloom Energy reported revenue of $572.4 million for the fourth quarter (Q4) of 2024, a 60% year-over-year (YoY) increase from...

March 3, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Shoals’ Revenue Falls 18% Amid Delayed Projects and Political Shifts

Shoals Technologies Group, a manufacturer of electrical balance of systems for solar, energy storage, and e-mobility reported a net income of $7.8 million during the...

March 3, 2025

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Tina Freese

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Markets & Policy

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Press Releases
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Fluence Energy’s Revenue Drops in Q1, Lowers Guidance for FY 2025

Utility-scale energy storage firm Fluence Energy recorded a revenue of $186.8 million in the first quarter (Q1) of the fiscal year (FY) 2025, a 49% year-over-year (YoY)...

February 25, 2025

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Arjun Joshi

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Finance and M&A

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Other
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ReNew’s Q3 FY 2025 Revenue Up Slightly, Lower Wind PLF Bites

Decarbonization solutions company ReNew reported revenue of ₹21.2 billion (~$248 million) during the third quarter (Q3) of the financial year (FY) 2025, a 10%...

February 21, 2025

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Staff

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Finance and M&A

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Other
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SolarEdge’s Q4 Revenue Falls 38% YoY, Misses EPS Expectations

Israel-based solar inverter manufacturer SolarEdge reported revenues of $196.21 million in the fourth quarter (Q4) of 2024, a 37.9% year-over-year (YoY) decline from...

February 20, 2025

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Arjun Joshi

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Finance and M&A

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Other
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SJVN’s Q3 Revenue Rises 25% YoY Due to Strong Renewables Performance

Government-owned power generation company SJVN’s revenue rose to ₹7.61 billion (~$87.52 million) in the third quarter (Q3) of the financial year (FY) 2025, a 25%...

February 19, 2025

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Arjun Joshi

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Finance and M&A

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Other
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REC Silicon’s Revenue Falls 26% YoY as it Shuts Polysilicon Facility

Norway-based silicon material manufacturer REC Silicon reported a revenue of $29.7 million in the fourth quarter (Q4) of 2024, a 26.5% year-over-year (YoY) decline from...

February 14, 2025

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Arjun Joshi

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Finance and M&A

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Other
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REC Records 18% YoY Increase in Revenue in Q3 FY 2025

Public infrastructure finance company REC Limited recorded a total income of ₹142.86 billion (~$1.63 billion) for the third quarter (Q3) of the financial year (FY) 2025,...

February 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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Enphase Exceeds Q4 Revenue, EPS Expectations Due to US Market Demand

Microinverter and battery storage supplier Enphase Energy recorded total revenue of $382.71 million in the fourth quarter (Q4) of 2024, reflecting a 26.5% year-over-year...

February 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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