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Solar Module Prices Set to Rise as Procurement Rush Builds Ahead of ALMM-II Deadline

Developers are accelerating project commissioning ahead of the December 31, 2026, Approved List of Models and Manufacturers (ALMM) List-II exemption deadline, tightening module supply and pushing up project costs. Industry executi...

August 14, 2026

Mercom Research Focus

India Adds Record 27 GW of Solar Capacity in First Half of 2026

India added a record 27 GW of solar capacity in the first half (1H) of the calendar year (CY) 2026, up 49% year-over-year (YoY) from 18 GW, according to Mercom India Research’s newly released Q2 and 1H 2026 India Solar Market Upda...

August 13, 2026

Mercom Research Focus

India’s Floating Solar Push Hinges on More Than Subsidies

India’s nascent floating solar market has struggled to scale amid high project costs, complex reservoir engineering, fragmented water-surface allocation, and limited technical standards. The ₹50.7 billion (~$530.20 million) Pradha...

August 13, 2026

Energy Storage

GUVNL Announces Winners of 450 MW/900 MWh Battery Storage Auction

Gujarat Urja Vikas Nigam (GUVNL) has announced the winners of the auction to set up 450 MW/900 MWh of battery energy storage systems in the state, with viability gap funding from the power system development fund (Phase-IX). NLC I...

August 12, 2026

Latest News

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RECPDCL Tenders Transmission System to Evacuate 12 GW of Renewable Power

REC Power Development and Consultancy (RECPDCL) has invited bids to establish three packages of an interstate transmission system (ISTS) for evacuating 12 GW of renewable power from the Rajasthan Renewable Energy Zone Phase IV (Part 6), at the...

August 17, 2026

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CERC Allows Paid Grid Connectivity Deadline Extensions for Renewable Projects

The Central Electricity Regulatory Commission (CERC) has introduced a standardized mechanism allowing renewable energy and other eligible connectivity grantees additional time to meet land, financial closure, and commercial operation milestones...

August 17, 2026

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Rajasthan Launches Distributed Renewable Energy Project Monitoring Tool

The Rajasthan Renewable Energy Corporation (RRECL) has launched the Distributed Renewable Energy Project Monitoring Tool (DRE-PMT) to enable centralized and technology-driven monitoring of renewable energy projects across the state. The DRE-PMT will...

August 17, 2026

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Solex’s Q1 Revenue Up 2% YoY, Cell and Module Manufacturing Expansion on Track

Gujarat-based solar module manufacturer Solex Energy reported a revenue of ₹2.66 billion (~$27.84 million) for the first quarter (Q1) of the financial year (FY) 2027, up 1.8% year-over-year (YoY) from ₹2.61 billion (~$27.32 million). Earnings before...

August 17, 2026

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NTPC Invites Bids for Modules for 10 MW Solar Project in Telangana

NTPC has invited bids to supply 1,300 kWp of solar modules for its solar project at the Ramagundam Super Thermal Power Station in Peddapalli district, Telangana. The modules must have a rated capacity of 545 Wp to 590 Wp and be mono-PERC bifacial...

August 17, 2026

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FAGMIL Invites Bids for 2.52 MW Solar Project in Rajasthan

FCI Aravali Gypsum and Minerals India (FAGMIL) has invited bids from engineering, procurement, and construction (EPC) contractors to develop a 2.52 MW ground-mounted solar project under the build-own-operate model in Bhawad, Jodhpur, Rajasthan. The...

August 17, 2026

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Daily News Wrap-Up: Solar Module Prices May Rise Ahead of ALMM-II Compliance

Developers are accelerating project commissioning ahead of the December 31, 2026, Approved List of Models and Manufacturers (ALMM) List-II exemption deadline, tightening module supply and pushing up project costs. Industry executives say the rush to...

August 17, 2026

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SunScout Raises $15.5 Million in Initial Public Offering

SunScout Holding Limited, a clean-technology company developing autonomous solar-powered robotic mowers and related solar energy solutions, has raised $15.5 million through its initial public offering. The company offered 3.1 million Class A...

August 17, 2026

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SMA Solar Swings to Profit in 1H 2026, Raises Full-Year Guidance

Germany-based solar energy equipment supplier SMA Solar Technology reported sales of €686.6 million (~$789.6 million) for the first half (1H) of 2026, up 0.3% year-over-year (YoY) from €684.9 million (~$787.6 million). The figure included a €22.3...

August 17, 2026

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Form Energy Raises $750 Million to Scale Iron-Air Battery Production

Form Energy, an iron-air-based battery systems provider, has raised $750 million in a Series G financing round, bringing Form Energy’s total equity funding to more than $2 billion. The funding round was led by T. Rowe Price, along with new investors...

August 14, 2026

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