Archive

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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...

August 31, 2026

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Mercom Staff

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Daily Wrap-up
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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...

August 31, 2026

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Melvin Mathew

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Finance and M&A

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Manufacturing

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Solar
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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...

August 31, 2026

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Melvin Mathew

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Mercom Research Focus

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Solar
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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...

August 31, 2026

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Melvin Mathew

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C&I

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Solar
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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...

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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...

August 31, 2026

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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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,...

August 28, 2026

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Renu

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Finance and M&A

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Solar
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Hero MotoCorp to Raise Equity Stake in Ather by 2.92%

Hero MotoCorp has approved an investment of up to ₹17.58 billion (~$175.8 million) to acquire additional equity shares in electric two-wheeler (e-2Ws) manufacturer Ather...

August 28, 2026

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Parth Shukla

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EV

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Finance and M&A
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New Wind, Solar Projects to Face Same Deviation Charges as General Sellers

The Central Electricity Regulatory Commission (CERC) tweaked the deviation settlement framework for future wind and solar projects by bringing them under the same rules...

August 28, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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SECI Seeks 100 MWh Standalone Storage for Short-Term Use

The Solar Energy Corporation of India (SECI) has invited bids from developers to use a 50 MW/100 MWh (50 MW x 2 hrs.) standalone energy storage system (ESS) on a...

August 28, 2026

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions
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Solar Leads 248 GW Renewable and Storage Transmission Connectivity Pipeline

Nearly 248 GW of power grid connectivity and General Network Access (GNA) granted to renewable energy and storage projects is expected to become effective between August...

August 28, 2026

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B.S. Nagaraj

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Market & Policy

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Renewable Energy
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Matter Raises ₹2.4 Billion to Expand Electric Motorcycle Production

Electric motorcycle and energy storage solutions company Matter has raised ₹2.4 billion (~$25 million) in fresh growth capital from existing investors to expand...

August 28, 2026

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Parth Shukla

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EV

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Finance and M&A
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Fuel Cell Developer Teragen Energy Raises $6 Million in Pre-Seed Funding

Teragen Energy, a developer of modular solid-oxide fuel cell power systems for data centers, industrial sites, and utilities, has raised $6 million in an oversubscribed...

August 28, 2026

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Dibin DB

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Energy Storage

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Finance and M&A
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Voya Energy Raises $35 Million to Scale Aluminum-Based Energy System

Voya Energy, a company that develops aluminum-based metal-fuel energy systems, has raised $35 million in a Series A funding round to support the commercial deployment of...

August 28, 2026

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Dibin DB

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Energy Storage

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Finance and M&A
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Sembcorp Green Infra Files Draft Papers for ₹37.5 Billion IPO

Renewable energy company Sembcorp Green Infra has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise up to ₹37.5...

August 28, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy

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