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Module Glut, DCR Cell Shortages, and Financing Risks Squeeze Solar Manufacturers

India’s push to build a domestic solar manufacturing ecosystem is creating new challenges for manufacturers. While policy measures such as the Approved List of Models and Manufacturers (ALMM) and Domestic Content Requirement (DCR)...

August 31, 2026

Mercom Research Focus

Gujarat Energy Banking Reform Reduces Near-Term Costs for Open Access

The Gujarat Electricity Regulatory Commission’s (GERC) decision to reduce banking charges to ₹1 (~$0.01)/kWh from ₹1.5 (~$0.015)/kWh after a 2.5-year interval has provided much-needed relief to open access consumers and improved p...

August 31, 2026

Mercom Research Focus

Q2 2026 Sees Project Cost Declines Across Most Large-Scale Solar Technologies

The average system cost of large-scale solar projects declined across most module technologies during the second quarter (Q2) of the calendar year 2026. Quarterly movements remained relatively narrow, and the overall cost structur...

August 28, 2026

C&I

New C&I Consumers Seek Clearer Power Demand Matching Visibility: Interview

Round-the-clock (RTC) and firm and dispatchable renewable energy (FDRE) are gaining traction, with newer commercial and industrial (C&I) consumers evaluating projects based on how efficiently they can match future power demand...

August 31, 2026

Latest News

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Westbridge to Sell 225 MW Alberta Solar and Storage Project

Westbridge Renewable Energy, a utility-scale renewable energy project developer, has entered into a definitive share purchase agreement to sell its Red Willow solar and battery storage project in Alberta, Canada. Red Willow is an advanced-stage...

August 31, 2026

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Ukraine Invites Bids for 50 MW Solar Support Auction

Ukraine’s state-owned ‘Guaranteed Buyer’ has invited bids to allocate 50 MW of annual support quota for solar power projects through a closed auction. The auction can have multiple winners. The deadline to submit bids is September 24, 2026. Bids...

August 31, 2026

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Waaree Energies to Raise Arizona Solar Module Capacity to 1.6 GW

Solar module manufacturer Waaree Energies is increasing the capacity of its solar module manufacturing plant in Arizona in the U.S. from 1 GW to 1.6 GW by investing $37 million. Following the expansion, the company’s aggregate manufacturing capacity...

August 31, 2026

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Daily News Wrap-Up: Large-Scale Solar Project Costs Fall in Q2 2026

The average system cost of large-scale solar projects declined across most module technologies during the second quarter (Q2) of the calendar year 2026. Quarterly movements remained relatively narrow, and the overall cost structure was largely...

August 31, 2026

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Canadian Solar’s Q2 Revenue Falls 29% on Lower Module, Project Sales

Renewable energy solutions provider Canadian Solar’s revenue for the second quarter (Q2) of 2026 declined 29% year-over-year (YoY) to $1.21 billion compared to $1.69 billion. The revenue beat analysts’ expectations by $71.94 million. The company...

August 31, 2026

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Driven By Chinese Imports, Africa’s Solar Additions to Reach 17 GW in 2026

Solar capacity additions in Africa are projected to reach 17 GW in 2026, clocking a 45% year-over-year (YoY) rise amid a surge in Chinese solar panel imports to the continent, according to a recent report by Ember. The figure implies an installation...

August 31, 2026

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MARS Energy Group Acquires Citadel Roofing & Solar in California

MARS Energy Group, a diversified energy and infrastructure company, has acquired Northern California residential roofing and solar contractor Citadel Roofing & Solar, marking its 11th acquisition. The companies did not disclose the transaction...

August 28, 2026

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