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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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Sterling and Wilson’s Q1 FY 2026 Profit Up 680% on Project Execution Growth

Sterling and Wilson Renewable Energy (SWREL) revenue from operations rose to ₹17.62 billion (~$204.88 million) in the first quarter (Q1) of the financial year (FY) 2026,...

July 18, 2025

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Staff

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Finance and M&A

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Other
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Waaree’s Q1 FY 2026 Revenue Jumps 155% as EPC Segment Grows

Waaree Renewable Technologies, the engineering, procurement, and construction arm of the Waaree Group, reported a consolidated revenue from operations of ₹6.03 billion...

July 18, 2025

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: India’s Solar Exports Rise 26% in Q1 2025

Indian solar module and cell exports increased 26.1% quarter-over-quarter to $267.6 million (~₹23.1 billion) in the first quarter of 2025 from $212.2 million (~₹17.92...

June 17, 2025

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Mercom Staff

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Daily Wrap-up
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France Records 1.4 GW Solar Installations in First Quarter of 2025

France added 1,442 MW of solar capacity in the first quarter (Q1) of 2025, a 34.76% year-over-year increase from 1,070 MW, according to the country’s Ministry of Energy...

June 11, 2025

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Melvin Mathew

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Open Access

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Solar
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Solar Open Access Capacity Additions in India Slump 48% QoQ in Q1

India’s solar open access capacity additions dropped 47% year-over-year (YoY) to 1.1 GW in the first quarter (Q1) of 2025 from over 2 GW, according to Mercom India’s Q1...

June 4, 2025

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Melvin Mathew

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Mercom Research Focus

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Open Access

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Solar
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Daily News Wrap-Up: India’s Wind Energy Capacity Up 134% QoQ in Q1 2025

India added 1.8 GW of wind energy capacity in the first quarter (Q1) of the calendar year 2025, an increase of 63% year-over-year from 1.15 GW in Q1 2024. The capacity...

May 22, 2025

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Mercom Staff

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Daily Wrap-up
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US and Europe PPA Prices for Solar and Wind Stable in Q1 2025

Power purchase agreement (PPA) prices for renewable energy remained largely stable across North America in the first quarter (Q1) of 2025, according to a report by...

May 16, 2025

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Staff

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Market & Policy

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Solar

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Wind
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Sunrun’s Q1 2025 Revenue Up 10%, Market Share Increases

Sunrun, a U.S.-based residential solar and battery storage provider, reported a 10% increase in total revenue of $504.27 million for the first quarter (Q1) of 2025...

May 14, 2025

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Staff

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Finance and M&A

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Solar
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Strong Solar Tracker Order Book Pushes Array Technologies Revenue by 97%

Array Technologies, a utility-scale solar tracker supplier, reported a net income of $2.3 million in the first quarter (Q1) of 2025, compared to a net loss of $11.3...

May 9, 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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Shoals Technologies’ Q1 2025 Revenue Drops11.5%, But Beats Estimates

Shoals Technologies Group, a manufacturer of electrical balance of systems for solar, energy storage, and e-mobility, reported its first quarter (Q1) 2025 earnings,...

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Bloom Energy Reports Revenue Growth of 38.6% in Q1 2025

Fuel cell and electrolyzer manufacturer Bloom Energy reported a revenue of $326 million in first quarter (Q1) 2025, a 38.6% year-over-year (YoY) increase from $235.3...

May 6, 2025

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Staff

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Finance and M&A

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Other
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JinkoSolar’s Revenue Down 33% Amid Price Pressures, Trade Policy Disruptions

China-based solar cell and module manufacturer JinkoSolar’s revenue for the first quarter (Q1) of 2025 dropped 39.9% year-over-year to RMB13.84 billion (~ $1.91 billion)...

May 2, 2025

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Staff

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Finance and M&A

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Other

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