U.S.-based solar tracker company FTC Solar reported revenue of $32.81 million in the third quarter (Q3) of 2026, an increase of 26.1% year-over-year (YoY) from $26.03 million, missing analyst expectations by $869,400. Earnings before interest, taxes,...

Uttar Pradesh’s rooftop solar market is expanding, but consumer preferences are diverging across urban and rural areas and between residential and commercial and industrial (C&I) segments. While urban households primarily seek to reduce...

Avantus, a developer, owner, and operator of utility-scale solar and energy storage projects, has increased commitments under its corporate credit facility to $1.28 billion from $1.05 billion. Helaba, Mitsubishi UFJ Financial Group (MUFG),...

Hyderabad-based energy storage solutions company TREX Energy has commissioned a lithium battery manufacturing facility at E-City in Hyderabad, Telangana. The company also plans to expand its manufacturing operations with a second facility in Madhya...

The Ministry of New and Renewable Energy (MNRE) has added 2.13 GW of solar cell manufacturing capacity to the Approved List of Models and Manufacturers (ALMM) List-II, increasing the total capacity to 46.99 GW from 44.86 GW. The addition represents...

The Bihar Electricity Regulatory Commission (BERC) has adopted a tariff of ₹3.46 ($0.0366)/kWh for procurement of power from a 10 MW grid-connected canal bank solar power project. The Commission also approved the 25-year draft power purchase...

U.S.-based solar tracker company ARRAY Technologies posted a revenue of $330.21 million in the third quarter (Q3) of 2026, down 16.1% year over year (YoY) from $393.49 million the previous year. It exceeded analysts’ expectations by $33.31 million....

Government agencies issued tenders for 21 GW of renewable energy capacity and auctioned 12 GW in the third quarter (Q3) of 2026, according to Mercom India’s Q3 and 9M 2026 India Renewable Energy Procurement and Demand Report. Battery energy storage...