Mercom Research Focus
thumbnail
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

Featured

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

Mercom Research Focus

Higher Surcharge Could Erode Savings for Telangana’s Open Access Consumers

The Telangana Electricity Regulatory Commission (TGERC) has increased the additional surcharge on eligible open access consumers from ₹0.13 (~$0.00137)/kWh to ₹0.82 (~$0.00865)/kWh, raising concerns over the cost competitiveness o...

November 5, 2026

Latest News

thumbnail
Daily News Wrap-Up: Battery Storage, Hybrid Projects Lead Q3 Auctions

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...

November 6, 2026

thumbnail
Shoals’ Q3 Revenue Up 44%, Announces Merger with ARRAY Technologies

Shoals Technologies Group, a manufacturer of electrical infrastructure solutions for utility-scale solar, battery storage, and data center power systems, posted revenue of $195.3 million in the third quarter (Q3) of 2026, up 43.8% year over year...

November 6, 2026

thumbnail
Saatvik Green’s Q2 Profit Down 76% as Solar Cell Shortage Bites

Haryana-based solar module manufacturer Saatvik Green Energy reported a revenue from operations of ₹9.03 billion (~$93.8 million) in the second quarter (Q2) of the financial year (FY) 2027, up 17.5% year-over-year (YoY) from ₹7.68 billion (~$79.8...

November 6, 2026

thumbnail
GERC Rejects Plea to Extend Commissioning Time for 4 MW Solar Project

The Gujarat Electricity Regulatory Commission (GERC) has rejected a petition seeking an extension of the commissioning deadline for its 4 MW solar project in Kheda district, Gujarat. The Commission ruled that the developer failed to establish that...

November 5, 2026

thumbnail
Kerala Textile Firm Targets 50% Electricity Savings with Rooftop Solar

For textile businesses, electricity is a recurring operational expense. Rooftop solar installations can help such businesses reduce their dependence on grid electricity, lower power bills, and improve long-term cost predictability. By generating...

November 5, 2026

thumbnail
Sunraycer Renewables Acquires 325 MW of Solar Projects in the US

Sunraycer Renewables, an independent power producer and a portfolio company of Crayhill Capital Management, has acquired two utility-scale solar projects totaling 325 MW from Apricus Energy, a joint venture between NOVI Energy and Osaka Gas USA. The...

November 5, 2026

thumbnail
Candi Solar and Pentagreen to Fund 400 MW Solar-Plus-Storage Projects

Clean energy company Candi Solar has announced a $50 million partnership with Pentagreen Capital to finance 400 MW of solar and battery energy storage projects in India. The partnership aims to expand access to clean energy for small and...

November 5, 2026

thumbnail
Websol Posts 115% Jump in Q2 Revenue, Announces Foray into EPC Business

Solar cell and module manufacturer Websol Energy System reported a revenue from operations of ₹3.61 billion (~$38.16 million) in the second quarter (Q2) of the financial year (FY) 2027, up 114.6% year-over-year (YoY) from ₹1.68 billion (~$17.76...

November 5, 2026

MORE NEWS