Archive

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MNRE Clarifies ALMM List II Rules for Solar Cell Compliance

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...

August 4, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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IEX’s Electricity Trading Volume Rises 7.7% YoY in July

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,...

August 4, 2026

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Arjun Joshi

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Other

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Renewable Energy
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Distribution Business, Renewables Boost Torrent’s Revenue 3% in Q1 FY 2027

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%...

August 4, 2026

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Rakesh Ranjan

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Finance and M&A

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Renewable Energy
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SECI Seeks Trading Partner to Sell Renewable Energy

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....

August 4, 2026

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Arjun Joshi

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Renewable Energy

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Tenders and Auctions
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PM Surya Ghar Powers 5 Million Homes, Total Capacity Hits 15 GW

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...

August 4, 2026

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Parth Shukla

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Markets & Policy

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Rooftop

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Solar
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Nextpower Raises Guidance for FY 2027 on Strong Q1 Performance

U.S.-based solar tracker firm Nextpower reported a revenue of $935 million in the first quarter (Q1) of fiscal year (FY) 2027, an 8.2% year-over-year (YoY) increase from...

August 4, 2026

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Parth Shukla

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Finance and M&A

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Solar
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Avantus Closes $1 Billion Credit Facility to Expand Project Portfolio

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...

August 4, 2026

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Dibin DB

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Energy Storage

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Finance and M&A

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Solar
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Tandem PV Acquires nexTC to Bring Thin-Film Coating Technology In-House

Tandem PV, a manufacturer of perovskite-silicon solar panels, has acquired Oregon-based nexTC, a developer of thin-film metal oxide coating processes. The acquisition...

August 4, 2026

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Renu

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Finance and M&A

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Solar
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Base Power Raises $1 Billion in Series D Funding Round

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...

August 4, 2026

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Dibin DB

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Energy Storage

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Finance and M&A
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TotalEnergies Acquires Shell’s 4 GW European Renewables Portfolio

TotalEnergies, a diversified multinational energy company, has signed agreements to acquire a 4 GW onshore renewables portfolio from Shell and sell a 50% stake in a...

August 4, 2026

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Renu

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Finance and M&A

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Solar
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CERC Rescinds Revocation of Renewable Projects’ Grid Connectivity

The Central Electricity Regulatory Commission (CERC) has set aside the revocation of two interstate transmission connectivity grants aggregating 105.84 MW and directed...

August 4, 2026

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Arjun Joshi

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Market & Policy

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Wind
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Month in a Minute: Top Headlines from the Indian Renewable Sector in July 2026

The Ministry of New and Renewable Energy (MNRE) extended the exemption from the Approved List of Models and Manufacturers (ALMM) List II requirement for solar cells for...

August 4, 2026

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Parth Shukla

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Markets & Policy

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Renewable Energy
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Solar Module Capacity Under ALMM Grows to 215.5 GW

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 11,964 MW of solar module capacity The...

August 4, 2026

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Arjun Joshi

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Manufacturing

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Solar
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PFC Awards Project to Evacuate 3 GW of Renewables in Andhra Pradesh

Power Finance Corporation (PFC) has announced the winner of the auction to establish the inter-state transmission system (ISTS) for integrating the Ananthapuram-III PS...

August 4, 2026

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Rakesh Ranjan

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Grid

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Tenders and Auctions
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Storage, Engineering, and Service Become Distributed Solar’s Growth Drivers

India’s distributed solar and energy storage markets are expanding, driven by time-of-day (ToD) tariffs, evolving rooftop regulations, backup power requirements,...

August 4, 2026

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Parth Shukla

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Energy Storage

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Markets & Policy

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Solar

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