Government agencies issued tenders for approximately 5.4 GW of solar capacity in the second quarter (Q2) of 2026, down 5.7% from 5.7 GW in the previous quarter and 21.5% lower than 6.8 GW in the same quarter last year. The decline in standalone...

UJVN has invited bids to develop a 90 MW/225 MWh battery energy storage system (BESS) in Uttarakhand. The BESS will be located near the 132 kV Chilla hydropower substation in Pauri Garhwal. The estimated project cost is ₹3.52 billion (~$36.99...

From: Mercom Capital Group Avantus, a U.S. developer, owner, and operator of utility-scale solar and energy storage projects, has closed a $1.05 billion corporate credit facility to support the expansion of its renewable energy portfolio. The new...

From: Mercom Capital Group Base Power, a distributed energy storage solutions provider, has raised $1 billion in Series D financing at a post-money valuation of $13 billion and started producing Base Core, the company’s new residential battery, at...

NTPC has issued a tender for two years of comprehensive operation and maintenance (O&M) for the 25 MW floating solar project at NTPC Simhadri in Andhra Pradesh. Bids must be submitted by August 24, 2026. Bids will be opened on the same day....

The Ministry of New and Renewable Energy (MNRE) has clarified the applicability of the Approved List of Models and Manufacturers (ALMM) List II for solar cells across multiple categories of solar projects. The clarification covers projects awarded...

The Indian Energy Exchange (IEX) traded 13,527 million units (MU) of electricity in July 2026, a 7.7% year-over-year (YoY) increase. According to government data, India’s energy consumption reached 170.70 billion units (BU) in July 2026, up 10....

Gujarat-based Torrent Power posted revenue of ₹81.24 billion (~$852.21 million) in the first quarter (Q1) of the financial year (FY) 2026-27, an increase of 3% year-over-year (YoY) from ₹79.06 billion (~$829.34 million). Revenue growth can be...

Solar Energy Corporation of India (SECI) has invited bids to select a collaboration partner to trade renewable power available from its existing and upcoming portfolio. The last day to submit bids is September 7, 2026. Bids will be opened on...

India has supported rooftop solar installations for over 5 million households under the PM Surya Ghar: Muft Bijli Yojana since its launch in February 2024; the Ministry of New and Renewable Energy (MNRE) has announced. The Surya Ghar program has...