2026

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US Adds 3.63 GW of Utility-Scale Solar Capacity in Q1

Utility-scale solar was the largest contributor to new clean power capacity in the U.S. in the first quarter (Q1) of 2026, adding 3.63 GW and accounting for 56% of all...

June 5, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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IREDA’s Revenue for Q4 Jumps 14% Amid Higher Loan Disbursements

Government-owned lender Indian Renewable Energy Development Agency (IREDA) posted revenue of ₹21.75 billion (~$229 million) in the fourth quarter (Q4) of the financial...

June 2, 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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India’s Rooftop Solar Installations Surge by 125% YoY in Q1 2026

India added 2.7 GW of rooftop solar capacity in the first quarter (Q1) of 2026, a year-over-year (YoY) growth of 125.4% from 1.2 GW and a 25.4% quarter-over-quarter...

May 28, 2026

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Melvin Mathew

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Mercom Research Focus

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Rooftop

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Solar
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Canadian Solar Expands Battery Storage and US Manufacturing Despite Weak Module Sales

Renewable energy solutions provider Canadian Solar’s revenue for the first quarter (Q1) of 2026 declined 10% year-over-year (YoY) to $1.08 billion from $1.20 billion....

May 19, 2026

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Melvin Mathew

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Finance and M&A

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Modules

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Solar
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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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Torrent Power’s Q4 FY 2026 Revenue Flat Due to Gas Market Volatility

Gujarat-based Torrent Power posted revenue of ₹64.06 billion (~$673.03 million) in the fourth quarter (Q4) of the financial year (FY) 2026, down 0.8% year-over-year...

May 13, 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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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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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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Pricing Pressure Pushes Flux Power’s Revenue Down 61% YoY in Q3 FY 2026

Lithium-ion storage solutions provider Flux Power has reported revenue of $6.59 million in the third quarter (Q3) of the fiscal year (FY) 2026, down 60.7% year-over-year...

May 8, 2026

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Rakesh Ranjan

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Finance and M&A

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Other
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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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Daqo New Energy’s Q1 2026 Revenue Down 79% Due to Lower Sales Volume

China-based photovoltaic-grade polysilicon manufacturer Daqo New Energy Corporation reported revenue of $26.7 million in the first quarter (Q1) of 2026, down 78.5%...

May 4, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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Strong Solar Module Sales Drive Waaree Energies’ Revenue for Q4 FY 2026 Up 112%

Solar module manufacturer Waaree Energies’ revenue from operations for the fourth quarter (Q4) of the financial year (FY) 2026 rose 111.8% year-over-year (YoY) to ₹84.80...

April 30, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar

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