revenue

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Daily News Wrap-Up: Madhya Pradesh Invites Bids for 100 MW Solar Project

Madhya Pradesh Jal Nigam issued a request for proposal to develop a 100 MW ground-mounted solar project under captive mode in the state’s Mandsaur district. Bids must be...

August 1, 2025

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Mercom Staff

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Daily Wrap-up
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Nextracker Acquires Robotics and AI Technologies to Expand Solar Platform

U.S.-based solar tracker and energy technology solutions firm Nextracker has posted a revenue of $864 million for the first quarter (Q1) of fiscal year (FY) 2026, up 20%...

July 31, 2025

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Staff

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Finance and M&A

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Solar
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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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Daily News Wrap-Up: ALMM Solar Cells Mandatory One Month After Listing

The Ministry of New and Renewable Energy (MNRE) exempted government projects mandated to use solar modules from the Approved List of Models and Manufacturers (ALMM -List...

July 30, 2025

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Mercom Staff

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Daily Wrap-up
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Higher Solar Module Sales Drive Waaree Energies’ Income Up 31% in Q1 FY26

Solar module manufacturer Waaree Energies’ total income for the first quarter (Q1) of the financial year (FY) 2026 rose 31% year-over-year (YoY) to ₹45.97 billion (~$529....

July 29, 2025

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Arjun Joshi

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Finance and M&A

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Other
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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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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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Enphase Revenue Up in Q2 FY 2025 on Uptick in European Demand

U.S.-based microinverter and battery storage supplier Enphase Energy reported a revenue of $363.2 million in the second quarter (Q2) of the financial year (FY) 2025, up...

July 23, 2025

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Staff

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Energy Storage

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Finance and M&A
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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: Solar Helps Textile and Ceramic Firms Save ₹152 Million Yearly

Taking the green route, four companies from the textile and ceramic industries have cumulatively saved ₹152.26 million (~$1.7 million) since 2024 by procuring power from...

June 18, 2025

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Mercom Staff

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Daily Wrap-up
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ChargePoint’s Q1 Revenue Declines 9% YoY, Misses Analyst Expectations

U.S.-based electric vehicle charging solutions company ChargePoint has reported a revenue of $97.6 million in the first quarter (Q1) of the fiscal year (FY) 2026, a 9%...

June 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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Amara Raja’s Revenue Up in Q4 2025 as EV Battery Pack Sales Rise

Amara Raja Energy and Mobility has reported revenue from operations of ₹30.60 billion (~$359.3 million) in the fourth quarter (Q4) of the financial year (FY) 2025, a 5....

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Inox Wind Logs Highest-Ever Quarterly Profit in Q4, Order Book Grows 21%

Wind energy solution provider Inox Wind has reported its highest-ever quarterly profit in the fourth quarter (Q4) of the financial year (FY) 2025. The company reported a...

June 2, 2025

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Tina Freese

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Finance and M&A

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Wind
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Solar Module Manufacturer Premier Energies’ Q4 Revenue Up 48% YoY

Solar module and cell manufacturer Premier Energies reported a total income of ₹16.80 billion (~$196.55 million) in the fourth quarter (Q4) of the financial year (FY)...

May 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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