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ALMM Expansion to Wafers Raises Capacity Gap and Timeline Concerns

The government’s move to extend the Approved List of Models and Manufacturers (ALMM) framework to solar wafers marks a major step toward building a fully integrated domestic solar manufacturing ecosystem, but industry stakeholders...

April 9, 2026

Mercom Research Focus

Adani, NTPC, and SJVN Top Utility-Scale Solar Developers in 2025

Adani Green Energy, NTPC Green Energy, SJVN Green Energy, Megha Engineering and Infrastructure (MEIL), and Gentari Renewables emerged as the top utility-scale solar project developers in India for 2025, according to Mercom’s India...

April 7, 2026

Mercom Research Focus

Maharashtra’s Energy Banking Reset Reshapes Solar Economics for C&I Consumers

The Maharashtra Electricity Regulatory Commission has eliminated the ability to time-shift solar generation beyond its production window by restricting energy banking to the same time-of-day (ToD) slot, fundamentally altering the ...

April 7, 2026

Grid

CEA Projects National Power Requirement to Touch 1,121 GW by FY 2036

The Central Electricity Authority (CEA) has projected that India’s installed power capacity requirement will reach 1,121 GW by the financial year (FY) 2036, with the share of fossil fuel-based generation declining from the current...

April 9, 2026

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Daily News Wrap-Up: ALMM Expansion to Wafers Raises Capacity Gap Concerns

The government’s move to extend the Approved List of Models and Manufacturers (ALMM) framework to solar wafers marks a major step toward building a fully integrated domestic solar manufacturing ecosystem, but industry stakeholders warn that a sharp...

April 10, 2026

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Uttarakhand Raises Tariffs for Industrial Category Power Consumers in FY 2027

The Uttarakhand Electricity Regulatory Commission (UERC) has raised tariffs for some industrial-category power consumers and retained tariffs for commercial-category power consumers for the financial year (FY) 2027. Industrial Consumers Industrial...

April 9, 2026

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Mahindra to Procure Power from 30 MW Captive Solar Project in Punjab

Mahindra and Mahindra will procure power from a 30 MW captive solar power project in Punjab, being developed by Neon Hybren, as part of its plan to secure long-term clean energy for its operations. The company approved an investment of up to ₹111.7...

April 9, 2026

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India Tops Brazil to Rank 3rd in Renewable Energy Capacity Globally

India has climbed to third place globally in installed renewable energy capacity, surpassing Brazil, adding a record 55.3 GW of non-fossil capacity in the financial year (FY) 2026, while total installed non-fossil fuel power capacity reached 283.46...

April 9, 2026

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Premier Energies Secures 1.6 GW Solar Cell and Module Orders in Q4 FY 2026

Hyderabad-based Premier Energies has secured orders to supply 1,600 MW of solar cells and modules, worth ₹25.77 billion (~$278.8 million) in the fourth quarter of the financial year (FY) 2026. The company said the contracts were awarded by a mix of...

April 9, 2026

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Daily News Wrap-Up: Finance Ministry Allows Insurance Bonds for Power Tenders

The Ministry of Finance permitted the use of insurance surety bonds as an alternative to bank guarantees for both bid and performance security under the standard bidding guidelines for power projects. These projects include solar, wind, hybrid, firm,...

April 9, 2026

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Maxeon Solar Cites Financial Distress, Files for Restructuring at Singapore Court

Singapore-based solar solutions provider Maxeon Solar Technologies and its subsidiary, Maxeon Solar, have submitted an application to the Singapore High Court seeking judicial management, citing financial distress stemming from changes in U.S....

April 9, 2026

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