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Business

Solar ingot

India’s Agastya Energy Plans 12 GW Ingot-Wafer Facility

Agastya Energy estimates to incur an investment of about INR 7,800 crore on the Kurnool project that will add upstream solar manufacturing capabilities
SMA

SMA Solar Technology Swings to €72.8 Million Profit In H1 2026

SMA reported stable H1 sales, stronger earnings and a larger order backlog; confirms full-year outlook increase
Solar and storage

Finnish Solar & Battery Storage Joint Venture For 3 GW

The partnership will develop about 3 GW of solar, BESS, and hybrid projects in Finland, with further expansion planned across the Nordic region
Saatvik

Saatvik Advances 3.6 GW In Odisha; Q1 FY27 EBITDA Declines

Saatvik’s Gopalpur expansion moves closer to commissioning while it signs MoU for 3.6 GW cell capacity; management reports a weaker Q1 FY27 and a 6.35 GW order book
Solex

Solex Energy Q1 FY27 Revenue Rises 1.8%, Profit Falls 67%

Solex Energy says delivery schedules were affected by the ALMM timeline, while it moves ahead with new orders and cell manufacturing plans
Tesla

Tesla Proposes $10 Billion Solar PV Manufacturing Facility

Tesla’s proposed Project Crystal Sun could produce solar cells and modules, with construction targeted for 2026 and operations by 2029
IRENA

IRENA: Solar Panel Waste Could Unlock $20 Billion By 2050

IRENA says recovered materials from retired solar PV panels could become a major economic resource as waste volumes rise
FTC Solar

FTC Solar Q2 2026 Revenue Jumps 52%; Reports Net Loss

FTC Solar reports new tracker orders and international projects while margins and near-term growth remain under pressure
Solar cell manufacturing

InfoLink Consulting: Top 5 Cell Suppliers Ship 92 GW In H1 2026

Analysts say that the combined solar cell shipment share of the top five suppliers, led by Tongwei, increased by 5% annually
Solar power plant

European Energy Secures €234M For 225 MW Agrivoltaic Project

The Vizzini project, one of Italy’s largest agrivoltaic projects, has achieved financial close
Vikram Solar

Vikram Solar’s Q1 FY27 Profit Falls Despite 38% Revenue Growth

Indian solar manufacturer’s Q1 FY27 profit declined sharply due to higher input costs and intense competition
Premier Energies

Premier Energies Q1 FY27 Profit Rises 53% YoY As Orders Grow

Indian solar manufacturer reported higher Q1 FY27 revenue and profit as solar production increased, while its order book reached INR 150 billion
Sunrun

Sunrun's Q2 2026 Revenue Rises; Trims Full Year Forecast

Sunrun posted higher Q2 revenue, but lowered full-year guidance due to slower direct sales ramp-up and weaker affiliate volumes
Fluence Energy Q3 2026

Fluence Energy Reports Higher Q3 Revenue, Cuts FY26 Outlook

Manufacturing ramp-up challenges delayed project deliveries for Fluence Energy, while customer demand continued to strengthen
Array

ARRAY Technologies Reports Strong Q2 2026 Financial Results

ARRAY reported improved Q2 earnings and a record order book, but projects softer Q3 revenue
Sono Motors

Sono Motors to Sell Solar Business After Insolvency Filing

German solar mobility company ends operations after failing to secure funding and begins insolvency proceedings
Shoals

Shoals Q2 2026 Revenue Up By Over 47%, Reaffirms Outlook

Shoals reported higher revenue and record backlog in Q2, offset by lower margins, while reaffirming its full-year 2026 guidance
Solar power plant

TotalEnergies To Acquire Shell’s 4 GW Europe Renewables Portfolio

TotalEnergies will acquire Shell's European onshore renewables business while selling a 50% stake in a separate renewable portfolio to KKR
Tata Power

Tata Power Starts 800 MW RE Project, Q1 Profit Up 11%

Tata Power has started work on an 800 MW renewable energy project in Andhra Pradesh; reports higher revenue, EBITDA and profit for Q1 FY27
Nextpower

Nextpower’s Q1 FY Revenue Rises 8%; Raises FY2027 Outlook

Nextpower has raised the lower end of its full-year financial guidance following ‘record’ revenue; completes its Zigor/Apex power conversion acquisition
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