Finance Three major Chinese solar manufacturers disclosed financial results showing increased net losses for the first nine months of 2026. JA Solar, Longi, and Tongwei all reported revenue declines year on year alongside expanded deficits.
Finance Sunrun reported $1.1 billion in Q3 2026 revenue, a 51.7% year-over-year increase, while SolarEdge outlined cost reductions amid softer demand. Shoals and Array Technologies announced a merger, with Shoals reporting strong growth and Array posting a net loss.
Storage Wood Mackenzie analysis indicates that sodium-ion battery supply agreements have exceeded 70 GWh, driven primarily by Chinese manufacturers. While cell-level cost parity with lithium iron phosphate is expected by late 2026, full system-level parity is projected to arrive only after 2030.
Markets University of Glasgow researchers have demonstrated a laser-based recycling technique that selectively recovers more than 95% of silver from end-of-life crystalline silicon modules. The study, published in Communications Materials, shows that targeting the encapsulant-silicon interface with a fiber laser enables high-purity material separation without energy-intensive pyrolysis.
Policy The Union Cabinet has approved a five-year capital expenditure support scheme to establish domestic processing capacity for lithium and nickel. The initiative aims to reduce India's dependence on imports of high-purity materials for sectors like electric mobility and defence.
Markets The IEA forecasts that global renewable capacity will add 4,800 GW between 2026 and 2031, a 57% increase over the previous six years. The report states that energy security, rather than climate goals, is the primary driver of this expansion, with solar PV accounting for over three-quarters of new capacity.
Solar Researchers in Iran developed a computational model to predict hailstone trajectories and PV module damage, highlighting that wind direction significantly influences impact severity. The study suggests panel orientation should consider local hailstorm conditions rather than energy production alone.
Markets Industry experts presented at a Mumbai conference, detailing that green hydrogen currently costs $3.50-$4.50 per kg compared to $2 for grey hydrogen. They identified renewable power costs and electrolyser utilisation as key factors for improving project economics and securing financing.
Finance Tata Power has filed a First Information Report against Kleros Capital Partners and seven others, alleging criminal conspiracy and the misuse of confidential information. The company estimates its direct loss at approximately $8 million, distinct from the $490 million principal awarded in the underlying arbitration.
Policy The Australian government has formally revoked plans for new anti-dumping duties on imported steel used in solar projects. The decision follows an appeal by Nextpower Australia, which warned the measures would harm ongoing energy transition projects.
Solar SunWiz data shows October rooftop solar installations hit 305 MW, keeping the year on track for its highest annual total. Mid-scale system growth is currently stalled as installers wait for new Small-scale Renewable Energy Scheme registrations to open in late 2026.
Wind The 704-mW Revolution Wind project near Connecticut and Rhode Island has reached full commercial operations, becoming the third utility-scale offshore wind farm in the US. The $6.2 billion project powers over 350,000 homes after overcoming multiple stop-work orders and legal challenges.
Markets The Council on Energy, Environment and Water projects India's solar panel component market to more than double to $7.8 billion by March 2028, up from $3.6 billion in September 2026. The study highlights varying timelines for domestic capacity to meet demand across six key components, with junction boxes already self-sufficient and solar glass lagging until 2028.
Finance Saatvik Green Energy reported Q2 FY27 revenue of ₹902.61 crore, a 76.63% increase quarter-on-quarter, while first-half profit fell 87.28% to ₹25.61 crore. The company attributes the profit decline to strategic investments and notes its confirmed order book stands at 6.68 GW.
Storage Solar-plus-storage now accounts for over 90% of new U.S. grid capacity, driven by data center expansions and rising demand. Developers are adapting through AC-coupled architectures, terrain-following trackers, and stricter construction deadlines.
Storage Researchers at Pennsylvania State University modelled a residential system pairing heat pumps with potassium carbonate thermochemical storage to manage cold-weather demand. The study identifies specific efficiency targets needed to make the technology viable for long-duration heating.
Finance Websol Energy System reported a 73% year-on-year increase in Q2 FY27 profit after tax to INR 80.21 crore, driven by revenue that more than doubled to INR 361 crore. The company also secured a 54.20-acre land allotment in West Bengal for a planned 4 GW greenfield solar cell facility.
Markets LevelTen Energy reports that North American solar PPA prices increased by 4.9% quarter over quarter in Q3 2026, while wind prices remained essentially flat. The report notes that Section 232 tariffs on imported polysilicon are set to take effect in December.
Markets A new report by The Brattle Group estimates that scaling virtual power plants to 524 gigawatts by midcentury could prevent $614 billion in unnecessary grid investments. The study highlights that current uncertainty in load forecasts, driven by AI data centers, makes flexible distributed resources critical for cost avoidance.
Policy The 750 MW wind and 500 MW battery project near Eneabba received unanimous approval from state and local panels on Tuesday. Planners' requests to reduce turbines or change the project name were rejected, though the developer remains open to renaming.
Solar The Indian Solar Manufacturers Association projects that agricultural solarisation could drive 116 GW of additional module demand in India. The report highlights current PM-KUSUM progress and recommends policy measures to support domestic manufacturing.
Wind Nabrawind’s Nabralift system, which eliminates the need for crawler cranes, is being tested at scale in Western Australia. The single-source nature of the technology raises questions about its viability for independent wind developers.
Storage GridPoint is expanding its energy intelligence platform to include on-site battery storage, aiming for 2 GW of capacity across more than 20,000 commercial sites. The company will finance, install, and manage the systems to help customers optimize bills, provide grid services, and enhance resilience.
Markets Dutch grid operator Liander has placed new high-voltage connection applications in eastern Gelderland on a waiting list due to insufficient capacity. The decision affects 16 municipalities bordering Germany, with connections deferred until at least July 2027.
Policy The Union Cabinet has approved a Rs 14,500 crore Viability Gap Funding scheme to support 92 GWh of new grid-scale energy storage capacity. The plan targets 30 GWh of battery systems, 60 GWh of pumped storage, and 2 GWh of emerging technologies between FY 2026-27 and FY 2030-31.
Solar Scientists from Southeast University and the University of Technology Sydney have developed a self-powered photovoltaic-thermoelectric generator (PV-TEG) system that simultaneously harvests waste heat and localizes thermal anomalies on solar panels. Field tests in Taizhou, China, demonstrated the system’s ability to reduce local surface temperatures by up to 7.7 C while maintaining wireless connectivity.
Solar The International Energy Agency projects India’s renewable energy capacity will reach 530 GW by 2030, with solar PV accounting for over 80% of new additions. India is currently the world's second-fastest-growing renewable energy market and second-largest solar module manufacturer.
Storage Noida Power Company Limited has issued a tender for an 80 MW/320 MWh standalone battery energy storage system in Greater Noida, Uttar Pradesh. The project will be developed under a build-own-operate-transfer model with bids due by December 9, 2026.
Finance CleanMax reported a significant increase in profitability and revenue for the second quarter of fiscal 2027, driven by capacity commissioning and higher margins. The company maintains its target of commissioning at least 1.5 GW of renewable energy capacity in fiscal 2027.
Policy Victoria’s planning minister approved two wind farms and four batteries worth nearly $4 billion before the state entered caretaker mode. The move seeks to lock in generation ahead of the 2028 Yallourn coal closure, though political opponents propose gas alternatives.
Markets New data from Victorian gas distributors shows household gas consumption dropping significantly while the number of active connections rises. The divergence highlights a shift toward dormant usage rather than permanent disconnection.
PM Surya Ghar: eligibility, subsidy and how to apply
ALMM explained: List-I modules, List-II cells and the 2028 wafer rule
Maharashtra rooftop solar subsidy: PM Surya Ghar, the SMART scheme and MSEDCL net metering
Rajasthan rooftop solar subsidy: PM Surya Ghar, the ₹17,000 state top-up and 150 free units
Gujarat rooftop solar subsidy: PM Surya Ghar, what happened to SURYA Gujarat, and GERC net metering
Tamil Nadu rooftop solar subsidy: PM Surya Ghar plus the new state top-up, and TNERC net metering
Andhra Pradesh rooftop solar subsidy: free plants for SC/ST homes, BC top-up and APERC net metering
Telangana rooftop solar subsidy: Gruha Jyothi solar plan, PM Surya Ghar and TGERC net metering
Madhya Pradesh rooftop solar subsidy: PM Surya Ghar, MPERC’s 2026 fee waiver and net metering rules
Odisha rooftop solar subsidy: up to ₹1,38,000 with the state top-up, and OERC’s net metering rules
