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SECI Announces Winners of 1,500 MW/12,000 MWh of Pumped Storage Auction

Solar Energy Corporation of India (SECI) has announced the winners of its auction to set up 1,500 MW/12,000 MWh of pumped-storage projects (PSP) for on-demand usage under the PSP-I program. Greenko Energies secured 720 MW, quoting...

July 20, 2026

Energy Storage

Lithium Prices Drop as Suspended Mining Operations in China, Australia Restart

The lithium carbonate market has remained highly volatile this year amid expectations of stronger global supply of the key battery material. Lithium carbonate futures in China fell to CN¥144.11 (~$21.28) per kg on July 21, a decli...

July 23, 2026

Markets & Policy

Solar Module Manufacturers May Face Cell Supply Shortage for 6-7 Months: Interview

The rush to comply with the Approved List of Models and Manufacturers (ALMM) guidelines for solar modules and cells has sparked concerns among industry stakeholders about a potential mismatch between demand and supply and delayed ...

July 23, 2026

Energy Storage

Storage Market Could Become Bigger Than Solar and Wind Combined: Interview

As renewable energy penetration rises, battery storage is becoming critical for addressing the intermittency of solar and wind, managing curtailment, and supplying firm power to consumers. At the same time, transmission constraint...

July 23, 2026

Latest News

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PFC Consulting Invites Bids for Transmission System in Maharashtra

PFC Consulting has invited bids to establish an intrastate transmission system (InSTS) for the 400/220 kV Malegaon (Saundane) air-insulated substation (AIS) in the Nashik district of Maharashtra. The scope of work includes design, construction and...

July 23, 2026

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Higher Electricity Sales Drive Adani Green’s Revenue Up 29% YoY in Q1 FY 2027

Adani Green Energy (AGEL) posted revenue of ₹42.80 billion (~$443.52 million) in the first quarter (Q1) of the financial year (FY) 2027, an increase of 29% year over year (YoY) from ₹33.12 billion (~$343.21 million). The company attributed the...

July 23, 2026

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Ather Energy Raises ₹13 Billion Through Qualified Institutional Placement

Electric two-wheeler manufacturer Ather Energy has raised approximately ₹13 billion (~$134.74 million) through a qualified institutional placement of equity shares. The company’s Fund Raise Committee approved the issue and allotment of 10,815,307...

July 23, 2026

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Maharashtra Regulator Orders MSEDCL to Clear Delayed Wind Payments

The Maharashtra Electricity Regulatory Commission (MERC) has directed Maharashtra State Electricity Distribution Company (MSEDCL) to pay ₹1.14 billion (~$11.84 million) for delayed payments to wind energy developers. It directed MSEDCL to pay Vena...

July 23, 2026

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Daily News Wrap-Up: Solar Cell Capacity Under ALMM-II Expands to 31.76 GW

The Ministry of New and Renewable Energy updated the ALMM List-II for solar cells, adding Avaada Electro as a new manufacturer and expanding Fujiyama Power Systems’ approved manufacturing capacity. As per the MNRE ALMM List-II update dated July 22,...

July 23, 2026

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Battery Material Company Sila Raises $300 Million in Funding

Battery materials company Sila has raised $300 million in a private equity funding round to expand U.S. production of its silicon-carbon anode material and support the planned second phase of its manufacturing facility in Moses Lake, Washington....

July 22, 2026

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Solar Cell Capacity Under ALMM List-II Grows to 31.76 GW

The Ministry of New and Renewable Energy (MNRE) has updated the Approved List of Models and Manufacturers (ALMM) List-II for solar cells, adding Avaada Electro as a new manufacturer and expanding Fujiyama Power Systems’ approved manufacturing...

July 22, 2026

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