Business

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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