Featured
thumbnail
Developers, EPC Players Wary as MNRE Sticks to ALMM Solar Cells Mandate

The Ministry of New and Renewable Energy’s (MNRE) decision not to grant a blanket extension of the Approved List of Models and Manufacturers (ALMM) List-II deadline beyond June 1, 2026, has reinforced regulatory certainty for Indi...

June 2, 2026

Mercom Research Focus

India’s Solar Imports Rise 14% QoQ in Q1 2026, Exports Continue to Decline

India imported solar cells and modules worth over $1.27 billion (~₹116 billion) in Q1 2026, a 2.8% year-over-year (YoY) decline from $1.3 billion (~₹112.9 billion) in Q1 2025, according to data from the Department of Commerce. On ...

June 1, 2026

Markets & Policy

PM Surya Ghar Crosses Four Million, But FY 2027 Target Remains Distant

Rooftop solar installations under the PM Surya Ghar: Muft Bijli Yojana have crossed the four million milestone, according to data from the Ministry of New and Renewable Energy (MNRE) and Mercom India Research. In social media post...

June 1, 2026

Solar

India’s Solar EPC Market Shifting Toward Digital Simulation Tools: Interview

Solar engineering, procurement, and construction (EPC) contractors are increasingly turning to design and simulation platforms to cut proposal delays, improve design accuracy, and connect field assessments with simulation, financi...

June 1, 2026

Latest News

thumbnail
Uttar Pradesh Adopts Tariffs for 165.5 MW of Solar Power Under KUSUM

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has adopted tariffs of ₹2.98 (~$0.0313)/kWh and ₹2.99 (~$0.0314)/kWh for the procurement of 165.5 MW of solar power under the PM KUSUM Component-C2 program. It also approved 29 power...

June 2, 2026

thumbnail
Telangana Amends Power Supply Code to Mandate 18% Interest on Excess Billing

The Telangana Electricity Regulatory Commission (TGERC) has issued the Electricity Supply Code Third Amendment Regulation, 2026, requiring distribution companies (DISCOMs) to pay 18% interest per annum on excess amounts outstanding due to incorrect...

June 2, 2026

thumbnail
IREDA’s Revenue for Q4 Jumps 14% Amid Higher Loan Disbursements

Government-owned lender Indian Renewable Energy Development Agency (IREDA) posted revenue of ₹21.75 billion (~$229 million) in the fourth quarter (Q4) of the financial year (FY) 2026, up 14% year-over-year (YoY) from ₹19.04 billion (~$200 million)....

June 2, 2026

thumbnail
Rajasthan Sets September Deadline for Battery Storage Charging SOP

The Rajasthan Rajya Vidyut Prasaran Nigam (RVPNL) has extended the time for implementing the standard operating procedure (SOP) for first-time charging (FTC) of battery energy storage systems installed at already commissioned and to-be-commissioned...

June 2, 2026

thumbnail
NTPC Renewables Floats Tender for 300 MW Solar Projects in Rajasthan

NTPC Renewable Energy (NTPC REL) has invited bids for an engineering, procurement, and construction (EPC) package for the development of 300 MW (1×300 MW) of grid-connected solar projects near Nokhra in Rajasthan. Bids must be submitted by June...

June 2, 2026

thumbnail
Daily News Wrap-Up: India’s Solar Imports Jump 14% QoQ in Q1 2026

India imported solar cells and modules worth over $1.27 billion (~₹116 billion) in the first quarter (Q1) of 2026, a 2.8% year-over-year decline from $1.3 billion (~₹112.9 billion) in Q1 2025, according to data from the Department of Commerce. On a...

June 2, 2026

thumbnail
Patel Infrastructure Floats EPC Tender for 700 MW Solar Project in Gujarat

Patel Infrastructure has invited bids for the engineering, procurement, and construction (EPC) of a 700 MW solar project in Ahmedabad, Gujarat. The last date to submit bids is June 19, 2026. The e-reverse auction will be held on June 30, 2026....

June 2, 2026

thumbnail
Nextpower to Acquire Prevalon Energy for Up to $365 Million

Nextpower, an integrated provider of utility-scale solar infrastructure solutions offering trackers, electrical balance-of-system solutions, software, and robotics, has entered into a definitive agreement to acquire Prevalon Energy, a U.S....

June 1, 2026

thumbnail
CeLLife Technologies Raises $4.6 Million to Scale Battery Analytics Platform

CeLLife Technologies, a Finnish deep-tech company developing a battery quality and health intelligence platform, has closed a €4 million (~$4.6 million) post-seed funding round. The round included the European Innovation Council, new investors 2C...

June 1, 2026

MORE NEWS