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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TREX Energy Commissions Lithium Battery Manufacturing Facility in Hyderabad

Hyderabad-based energy storage solutions company TREX Energy has commissioned a lithium battery manufacturing facility at E-City in Hyderabad, Telangana. The company...

November 6, 2026

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Melvin Mathew

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Energy Storage

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Manufacturing
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Solar Cell Manufacturing Capacity Under ALMM-II Grows to 47 GW

The Ministry of New and Renewable Energy (MNRE) has added 2.13 GW of solar cell manufacturing capacity to the Approved List of Models and Manufacturers (ALMM) List-II,...

November 6, 2026

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Parth Shukla

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Manufacturing

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Markets & Policy

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Solar
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Bihar Regulator Approves Tariff for 10 MW Canal Bank Solar Project

The Bihar Electricity Regulatory Commission (BERC) has adopted a tariff of ₹3.46 ($0.0366)/kWh for procurement of power from a 10 MW grid-connected canal bank solar...

November 6, 2026

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Nimisha Dwivedi

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Markets & Policy

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Solar
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ARRAY’s Q3 Revenue Falls 16% Amid Slower Deliveries, Project Delays

U.S.-based solar tracker company ARRAY Technologies posted a revenue of $330.21 million in the third quarter (Q3) of 2026, down 16.1% year over year (YoY) from $393.49...

November 6, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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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...

November 6, 2026

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Rakesh Ranjan

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Finance and M&A

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Mercom Research Focus

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Solar
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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...

November 6, 2026

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Nimisha Dwivedi

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Manufacturing

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Mercom Research Focus

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Solar
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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...

November 6, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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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...

November 6, 2026

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Melvin Mathew

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Finance and M&A

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Modules

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Solar
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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...

November 5, 2026

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Arjun Joshi

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Markets & Policy

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Solar
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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,...

November 5, 2026

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Arjun Joshi

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C&I

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Solar
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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...

November 5, 2026

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Dibin DB

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Finance and M&A

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Solar
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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....

November 5, 2026

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Nimisha Dwivedi

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Energy Storage

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Finance and M&A

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Solar
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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...

November 5, 2026

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Melvin Mathew

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Finance and M&A

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Modules

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Solar
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Green Genius Raises $72.5 Million Through Green Bond Issue

Renewable energy project developer Green Genius has completed a €65 million (~$72.5 million) green bond issue to refinance existing subordinated construction loans. The...

November 5, 2026

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Renu

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Finance and M&A

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Solar

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