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Saatvik Green’s Q1 Revenue Falls 44% as Manufacturing Expansion Continues

Haryana-based solar module manufacturer Saatvik Green Energy has reported a revenue of ₹5.11 billion (~$53.56 million) in the first quarter (Q1) of the financial year...

August 14, 2026

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Parth Shukla

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Finance and M&A

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Solar
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Surge in Cell, Module Production Boosts Premier Energies’ Q1 Revenue by 35%

Solar module and cell manufacturer Premier Energies has reported a revenue of ₹24.63 billion (~$258.6 million) in the first quarter (Q1) of the financial year (FY) 2027,...

August 7, 2026

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Parth Shukla

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Finance and M&A

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Solar
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Navgrun Plans 1.2 GW TOPCon Solar Wafer and Cell Manufacturing Facility

Solar solutions company Navgrun has announced its plans to establish 1.2 GW of annual manufacturing capacity for TOPCon G12R solar wafers and cells. The planned facility...

August 7, 2026

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Parth Shukla

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Manufacturing

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Solar
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US Imposes 15% Tariff on Polysilicon Derivatives, Sets Solar Import Prices

The U.S. has announced a 15% additional tariff on certain polysilicon products and set minimum import prices for polysilicon, wafers, and solar cells and modules,...

August 7, 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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Could US FEOC Rules Create New Export Opportunities for Indian Solar Manufacturers?

With the U.S. beginning to enforce the Foreign Entity of Concern (FEOC) rules and global buyers accelerating China+1 sourcing strategies, Indian solar module...

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Daily News Wrap-Up: PFC, REC Boards Approve Merger, Share-Swap Ratio

The boards of directors of the Power Finance Corporation (PFC) and REC have approved the scheme of merger of the two public sector non-banking financial companies that...

June 30, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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India’s Large-Scale Solar Pipeline Tops 200 GW

India’s large-scale solar project pipeline has crossed a significant milestone, exceeding 200 GW for the first time, according to data from the Mercom India...

June 12, 2026

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B.S. Nagaraj

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Market Tracker

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Mercom Research Focus
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US Commissions Prismatic Cell Line to Test Grid Storage Technologies

Researchers have commissioned an advanced prismatic battery cell production line at the U.S. Department of Energy’s (DOE) Pacific Northwest National Laboratory (PNNL)....

June 9, 2026

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Parth Shukla

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Energy Storage

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Technology
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Daily News Wrap-Up: MNRE’s ALMM-II Deadline Worries Developers, EPC Players

The Ministry of New and Renewable Energy’s (MNRE) decision not to grant a blanket extension of the Approved List of Models and Manufacturers (ALMM) List-II deadline...

June 3, 2026

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Mercom Staff

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Daily Wrap-up
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PM Surya Ghar Crosses Four Million, But FY 2027 Target Remains Distant

Rooftop solar installations under the PM Surya Ghar: Muft Bijli Yojana have crossed the four million milestone, according to data from the Ministry of New and Renewable...

June 1, 2026

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B.S. Nagaraj

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Markets & Policy

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Solar
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Fujiyama to Set Up 1.2 GW Solar Cell Manufacturing Plant in Madhya Pradesh

Rooftop solar solutions company Fujiyama Power Systems’ board of directors has approved a proposal to set up a 1.2 GW TOPCon solar cell manufacturing facility at its...

May 22, 2026

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Parth Shukla

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Manufacturing

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Solar
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Daily News Wrap-Up: Pace Digitek Wins KREDL’s Solar-BESS Project

Pace Digitek won Karnataka Renewable Energy Development’s (KREDL) auction to set up a 250 MW solar project with a 250 MW/1,100 MWh battery energy storage system (BESS)...

February 12, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Solar Cell Capacity Under ALMM List-II Increases to 26 GW

The Ministry of New and Renewable Energy (MNRE) has issued the fourth revised Approved List of Models and Manufacturers List-II for solar cells, raising the total...

February 6, 2026

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Meghana Prasad

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Manufacturing

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Markets & Policy

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Solar
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Fujiyama Commissions 1 GW Solar Cell Facility in Uttar Pradesh

Solar energy solutions provider Fujiyama Power Systems (UTL Solar) has announced the commissioning of a 1 GW solar cell manufacturing facility in Dadri, Uttar Pradesh....

January 27, 2026

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Meghana Prasad

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Manufacturing

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Solar
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Antimony Chalcogenide Solar Cell Efficiency Hits a New High of 10.7%

Researchers at the University of New South Wales (UNSW) Sydney have set a world record efficiency for solar cells based on antimony chalcogenide, achieving a certified...

January 23, 2026

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Meghana Prasad

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Solar

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Technology

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