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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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Gujarat Regulator Adopts Tariff for 1.25 GW Solar Projects

The Gujarat Electricity Regulatory Commission (GERC) has adopted a tariff of ₹2.34 (~$0.025)/kWh for Gujarat Urja Vikas Nigam’s (GUVNL) procurement of power from 1.25 GW of solar projects. The capacity comprises 625 MW awarded through...

November 9, 2026

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Karnataka Power Corporation Tenders Solar-Plus-Storage Project

Karnataka Power Corporation (KPCL) has issued a tender to set up a ground-mounted solar project integrated with a battery energy storage system (BESS). The project comprises 1 GW of solar and 2 GWh (two-hour) of battery energy capacity. Bids must be...

November 9, 2026

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Gujarat Regulator Rejects Solar Developer’s Change in Law Claim

The Gujarat Electricity Regulatory Commission (GERC) has declined to grant an in-principle declaration recognizing changes in customs duty on imported solar modules as a Change in Law event for a 60 MW solar project in the state. The Commission held...

November 9, 2026

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Gujarat Regulator Bars Encashment of ₹60 Million Connectivity Guarantee

The Gujarat Electricity Regulatory Commission (GERC) has restrained Gujarat Energy Transmission Corporation (GETCO) from invoking or encashing a ₹60 million (~$639,352) bank guarantee furnished for Stage II connectivity at the 220 kV Kalawad...

November 9, 2026

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Soluxtec Restarts TOPCon Solar Module Production in Germany

Germany-based solar module manufacturer Soluxtec has restarted production at its manufacturing facility in Germany following a technical upgrade of its production line. The resumption of production comes months after Soluxtec’s insolvency filing at...

November 9, 2026

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RadianX Raises $9 Million to Scale Perovskite Solar Module Production

RadianX, a perovskite solar module manufacturer formerly known as California Perovskite Technology, has raised $9 million in combined venture and project financing to scale production of its certified perovskite solar modules. SOSV and Twynam co-led...

November 9, 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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