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NTPC REL Announces Winner of 250 MW Solar Plus 200 MWh Storage Auction

NTPC Renewable Energy (NTPC REL) has announced the winner of its auction for the engineering, procurement, and construction (EPC) of a 250 MW solar project with a 50 MW/200 MWh battery energy storage system (BESS) in Sitapur, Utta...

June 16, 2026

Mercom Research Focus

India Adds 4.6 GWh of Battery Energy Storage Capacity in Q1 2026

India added 4.6 GWh of battery energy storage capacity in the first quarter (Q1) of 2026, a 941% increase from 442.7 MWh added in Q4 2025, according to Mercom India Research’s Q1 2026 India’s Energy Storage Landscape Report. The c...

June 16, 2026

Mercom Research Focus

ALMM-II Mandate May Strain Cell Supply for Standalone Module Manufacturers

India’s solar manufacturing sector is bracing for short-term pressure in the cell supply chain, with the Ministry of New and Renewable Energy’s (MNRE) mandating that projects use solar cells from the Approved List of Models and Ma...

June 15, 2026

Mercom Research Focus

Solar Cell Manufacturing Skills Gap Holds Back India’s Manufacturing Ambitions

India’s solar manufacturing ecosystem remains heavily skewed toward modules. In 2025, nearly 119 GW of module manufacturing capacity was added, compared to just over 9 GW of solar cell manufacturing capacity, highlighting th...

June 16, 2026

Latest News

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Navitas Solar to Invest ₹15 Billion in Solar Cell, Wafer Manufacturing in Gujarat

Surat-based solar module manufacturer Navitas Solar will invest approximately ₹15 billion (~$170 million) to establish a 3.6 GW solar cell manufacturing facility and a pilot wafer-ingot production line in Gujarat. The expansion aims to increase...

June 16, 2026

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SolarSquare Raises $53 Million in Series C Funding Round

Mumbai-based residential rooftop solar company, SolarSquare, has raised $53 million (~₹5.02 billion) in a Series C funding round led by B Capital, with participation from existing investors Lightspeed, Elevation Capital, Lowercarbon, Rainmatter by...

June 16, 2026

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PFC Consulting Awards Transmission Project to Evacuate 3 GW of Renewables

PFC Consulting has announced the winner of the auction to set up an interstate transmission system (ISTS) to evacuate 3 GW of renewable energy from the Kurnool IV Renewable Energy Zone Phase II in Andhra Pradesh. Resonia has emerged as the...

June 16, 2026

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PFC Names Winner of 3 GW Transmission Project in Andhra Pradesh

PFC Consulting has announced the winner of its auction to establish an interstate transmission system (ISTS) to evacuate renewable energy for 3 GW of green hydrogen/ammonia projects in Kakinada, Andhra Pradesh. Power Grid Corporation of India...

June 16, 2026

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RECPDCL Announces Winner of 400/132 kV Substation Auction

REC Power Development and Consultancy (RECPDCL) has announced the winner of its auction to set up a 400/132 kV air-insulated substation (AIS) in Jalna district, Maharashtra, on a build-own-operate-and-transfer basis. Maharashtra State Electricity...

June 16, 2026

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Tripura Invites Bids for 21 MW Residential Rooftop Solar Systems

Tripura State Electricity Corporation (TSECL) has invited bids to install 21 MW of grid-connected rooftop solar systems for residential consumers in Belonia Electrical Circle. The tender has been issued under Package I, Lot 1/17, of the PM Surya...

June 16, 2026

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Punjab Energy Development Agency Invites Bids for 10 MW Solar Projects

Punjab Energy Development Agency (PEDA) has invited bids for the design, manufacture, supply, testing, and installation of 10 MW of grid-connected rooftop/ground-mounted solar systems at government building sites across the state and Chandigarh....

June 16, 2026

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Daily News Wrap-Up: ALMM List-II May Tighten Cell Supply for Module Makers

India’s solar manufacturing sector is bracing for short-term pressure in the cell supply chain, with the Ministry of New and Renewable Energy’s (MNRE) mandating that projects use solar cells from the Approved List of Models and Manufacturers (ALMM)...

June 16, 2026

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