financial-results

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IREDA’s Q1 Revenue Up 15% on Higher Loan Interest Accruals

Government-owned lender Indian Renewable Energy Development Agency (IREDA) posted a revenue from operations of ₹22.5 billion (~$235.2 million) in the first quarter (Q1)...

August 21, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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Daily News Wrap-Up: India’s Solar Open Access Capacity Rises 42% YoY

India added nearly 6 GW of solar open access capacity in the first half (1H) of the calendar year 2026, up 42% year-over-year (YoY) compared to 4 GW, according to Mercom...

August 21, 2026

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Why Rooftop Solar is Stalling in Southern States

India’s rooftop solar market continues to see consumer interest, but distribution infrastructure and utility-level processes are hindering demand from translating into...

August 20, 2026

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Mercom Staff

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Daily Wrap-up
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ReNew’s Q1 Revenue Rises 16% on Strong Solar Contribution

Independent power producer ReNew Energy Global has a reported revenue of ₹47.86 billion (~$506 million) for the first quarter (Q1) of the financial year (FY) 2027, a 16....

August 19, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy
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Daily News Wrap-Up: CERC Introduces Charges for Grid Connectivity Extensions

The Central Electricity Regulatory Commission (CERC) introduced a standardized mechanism allowing renewable energy and other eligible connectivity grantees additional...

August 18, 2026

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Mercom Staff

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Daily Wrap-up
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Solarworld’s Q1 Revenue Up by 121%, Bets Big on Energy Storage Business

Uttar Pradesh-based renewable energy company Solarworld Energy Solutions has reported a revenue of ₹1.78 billion (~$18.62 million) in the first quarter (Q1) of the...

August 17, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy
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Solex’s Q1 Revenue Up 2% YoY, Cell and Module Manufacturing Expansion on Track

Gujarat-based solar module manufacturer Solex Energy reported a revenue of ₹2.66 billion (~$27.84 million) for the first quarter (Q1) of the financial year (FY) 2027, up...

August 17, 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: Solar Module Prices May Rise Ahead of ALMM-II Compliance

Developers are accelerating project commissioning ahead of the December 31, 2026, Approved List of Models and Manufacturers (ALMM) List-II exemption deadline, tightening...

August 17, 2026

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Mercom Staff

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Daily Wrap-up
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SMA Solar Swings to Profit in 1H 2026, Raises Full-Year Guidance

Germany-based solar energy equipment supplier SMA Solar Technology reported sales of €686.6 million (~$789.6 million) for the first half (1H) of 2026, up 0.3%...

August 17, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Fall in Battery Hardware Resales Pulls Stem’s Q2 Revenue Down 12% YoY

Energy storage company Stem’s revenue fell 12.3% year-over-year (YoY) to $33.65 million in the second quarter (Q2) of 2026 compared with $38.37 million, missing...

August 14, 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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Daily News Wrap-Up: India Adds 27 GW of Solar in 1H 2026

India added a record 27 GW of solar capacity in the first half (1H) of the calendar year 2026, up 49% year-over-year (YoY) from 18 GW, according to Mercom India...

August 14, 2026

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: DCR Push Triggers a Solar Module Supply Crunch

The widening price gap between Domestic Content Requirement (DCR)-compliant and non-DCR modules is reshaping procurement and investment decisions across India’s solar...

August 13, 2026

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Melvin Mathew

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Daily Wrap-up
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Amara Raja Starts 10 GWh Battery Plant Construction, Q1 Revenue Up 24%

Energy storage solutions provider Amara Raja Energy and Mobility reported revenue from operations of ₹42.15 billion (~$442.58 million) in the first quarter (Q1) of the...

August 12, 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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Daily News Wrap-Up: Storage-Backed Renewable Tenders Lead Procurement in 1H 2026

Agencies in India issued tenders for 44.1 GW and auctioned 16.3 GW of renewable energy capacity across energy storage, hybrid, utility-scale solar, wind, manufacturing,...

August 12, 2026

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Mercom Staff

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Daily Wrap-up
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Plug Power Q2 Revenue Beats Estimates, Expects Full Profitability in 2028

Hydrogen fuel cell solutions provider Plug Power reported revenue of $178.3 million in the second quarter (Q2) of 2026, an uptick of 2.5% year-over-year (YoY) from $173....

August 12, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy

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