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Strong Subsidiary Performance Drives NextEra’s $2 Billion Profit in Q2 FY 2025

U.S.-based power producer NextEra Energy reported a net income of $2.02 billion in the second quarter (Q2) of the financial year (FY) 2025, a 24.98% year-over-year (YoY)...

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Impacted by the Big Beautiful Bill, Tesla’s Net Income Drops 23% in Q2 2025

Electric vehicle (EV) maker Tesla reported a net income of $1.3 billion in the second quarter (Q2) of 2025, a 23% year-over-year (YoY) fall from the same period last...

July 25, 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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China Adds 152 GW of Solar Capacity in Q2 2025, Up Three Times YoY

China added 152.5 GW of solar power capacity in the second quarter (Q2) of 2025, a 168.8% year-over-year (YoY) growth from 56.74 GW, according to the National Energy...

July 23, 2025

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Tina Freese

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Renewable Energy

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Solar
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India Adds Record 1 GW Rooftop Solar Capacity in 1H 2024

India added 1.1 GW of rooftop solar capacity in the first half (1H) of calendar year (CY) 2024, the highest half-yearly installations to date, according to Mercom...

August 29, 2024

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Arjun Joshi

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Mercom Research Focus

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Rooftop

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Solar
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India Adds Record 15 GW of Solar Capacity in 1H 2024

India added 14.9 GW of solar capacity in the first half (1H) of calendar year 2024, a 282% year-over-year (YoY) increase, according to Mercom India Research’s...

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Battery Company Solid Power Reports 360% YoY Increase in Revenue in Q2 2022

Solid Power, an all-solid-state rechargeable battery cells manufacturer, reported revenue of $2.58 million in the second quarter (Q2) of 2022, a 360% year-over-year...

August 12, 2022

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Arjun Joshi

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Other

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Renewable Energy
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India added 430 MW of Wind Capacity in Q2 2022

India added 430.45 MW of wind power capacity in the second quarter (Q2) of 2022, a 57% quarter-over-quarter (QoQ) increase compared to 275 MW installed in Q1 2022. The...

August 2, 2022

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Arjun Joshi

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Mercom Research Focus

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Wind
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Suzlon Reports ₹6.75 Billion Net Profit in Q2 After Debt Restructuring

Pune-based wind turbine manufacturer Suzlon Energy Limited reported a net profit of ₹6.75 billion (~$91.6 million), a turnaround from last year’s net loss of ₹7.78...

November 13, 2020

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Rakesh Ranjan

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Wind
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India Was the Third Largest Solar Market Globally in Q2 2019 Behind China and the US

India held on to its position as the third-largest solar photovoltaic (PV) market in the second quarter (Q2) of 2019. The United States was the second-largest market...

September 18, 2019

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Anjana Parikh

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Markets & Policy

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Solar
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India’s Solar Installations Decline Quarter-Over-Quarter to 1.6 GW in Q2 2018

Solar installations in India in Q2 2018 declined significantly with 1,599 MW, a 52 percent decrease compared to 3,344 MW installed in Q1 2018. Installations were also...

August 29, 2018

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Sampath Krishna

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Mercom Research Focus

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Other

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