Archive

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MENA Weekly Round-Up: AfDB Invests $66 Million in Egypt’s Solar Project

The African Development Bank (AfDB) signed a $66 million financing agreement for the first phase of the Dandara solar-plus-storage project in Qena, Egypt. The financing...

November 9, 2026

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Melvin Mathew

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Energy Storage

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Solar

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Wind
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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....

November 9, 2026

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Melvin Mathew

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Markets & Policy

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Solar
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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...

November 9, 2026

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Parth Shukla

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Energy Storage

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Solar

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Tenders & Auctions
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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...

November 9, 2026

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Arjun Joshi

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Markets & Policy

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Solar
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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)...

November 9, 2026

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Arjun Joshi

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Grid

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Market & Policy
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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....

November 9, 2026

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Melvin Mathew

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Manufacturing

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Solar
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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...

November 9, 2026

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Renu

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Finance and M&A

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Solar
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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...

November 9, 2026

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Renu

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Finance and M&A

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Solar
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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,...

November 9, 2026

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Mercom Staff

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Daily Wrap-up
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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...

November 9, 2026

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Arjun Joshi

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Tenders and Auctions

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Wind
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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....

November 9, 2026

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Parth Shukla

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Finance and M&A

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Other
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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...

November 9, 2026

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Parth Shukla

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Finance and M&A

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Solar
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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,...

November 9, 2026

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Melvin Mathew

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Markets & Policy

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Mercom Research Focus

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Solar
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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...

November 9, 2026

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Arjun Joshi

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Mercom Research Focus

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Rooftop

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Solar
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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...

November 6, 2026

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Dibin DB

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Finance and M&A

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Solar

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