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India’s Solar Inverter Localization Faces Semiconductor Supply Hurdles

India’s solar inverter industry faces significant challenges in increasing domestic content because of its dependence on imported power electronic components, particularly semiconductors. Industry executives say this could c...

November 9, 2026

Mercom Research Focus

Solar Corporate Funding Rises 45% to $25 Billion in 9M 2026

Global solar corporate funding, including venture capital (VC), public market, and debt financing, increased 45% year-over-year (YoY) to $25.1 billion in the first nine months (9M) of 2026 from $17.3 billion in the corresponding p...

November 6, 2026

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China’s Proposed Tech Export Curbs Test India’s Solar Manufacturing Push

China’s proposed curbs on solar technology exports have once again exposed the vulnerabilities in India’s plans to ramp up domestic solar manufacturing. On October 19, China proposed revising its catalog of technologie...

November 6, 2026

Mercom Research Focus

Battery Storage, Hybrid Projects Dominate Renewable Auctions in Q3 2026

Government agencies issued tenders for 21 GW of renewable energy capacity and auctioned 12 GW across energy storage, hybrid, large-scale solar, wind, manufacturing, green hydrogen, and rooftop solar projects in the third quarter (...

November 5, 2026

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Panamint Capital Closes $769 Million Financing for 491 MW Solar Project

Panamint Capital, a U.S. energy investment firm, has achieved financial close on $769 million in financing for the 491 MW Big Rooter West solar project in Robertson County, Texas. The financing represents the first phase of a $1.8 billion green loan...

November 9, 2026

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Daily News Wrap-Up: Solar Funding  Rises 45% to $25 Billion in 9M 2026

Global solar corporate funding rose 45% year-over-year (YoY) to $25.1 billion in the first nine months of 2026, up from $17.3 billion in the same period in 2025, according to Mercom Capital Group’s latest Solar Funding and M&A Report. China’s...

November 9, 2026

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GUVNL Invites Bids to Purchase Power from Wind Projects

Gujarat Urja Vikas Nigam (GUVNL) has invited bids to procure power from grid-connected wind power projects under Phase XII of its wind power procurement program. The 250 MW of projects, with an additional 250 MW greenshoe capacity, can be developed...

November 9, 2026

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SolarEdge’s Q3 Revenue Falls 4% YoY Amid Weak US Demand

Israel-based solar inverter manufacturer SolarEdge reported revenue of $326.08 million in the third quarter (Q3) of 2026, declining 4.1% year-over-year (YoY) from $340.18 million, missing analysts’ expectations by $890,040. The adjusted earnings...

November 9, 2026

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FTC Solar’s Q3 Revenue Rises 26% YoY on Strong Project Execution

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,...

November 9, 2026

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Uttar Pradesh Rooftop Solar Demand Diverges Across Consumer Segments

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...

November 9, 2026

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Avantus Upsizes Corporate Credit Facility to $1.28 Billion

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),...

November 6, 2026

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TREX Energy Commissions Lithium Battery Manufacturing Facility in Hyderabad

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...

November 6, 2026

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Solar Cell Manufacturing Capacity Under ALMM-II Grows to 47 GW

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...

November 6, 2026

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