As a conditional relief measure for renewable energy developers granted grid connectivity access, the Central Electricity Regulatory Commission (CERC) recently introduced a standardized mechanism that allows them additional time to meet land, financial closure, and commercial operation milestones by paying milestone extension charges.

The Ministry of New and Renewable Energy (MNRE) added 3,709 MW of solar cell capacity under the Approved List of Models and Manufacturers (ALMM) List-II in its ninth revision. The total enlisted capacity under ALMM-II has expanded to 35,468 MW.

MNRE advised renewable energy implementing agencies and other power procuring agencies to consider granting an extension of up to four months to renewable energy projects affected by disruptions arising from the situation in West Asia.

A Central Electricity Authority committee recommended setting up a formal institutional framework to drive the indigenization of Supervisory Control and Data Acquisition software and hardware and eliminating import dependence by 2030.

PFC Consulting announced the winner of its auction to establish an interstate transmission system to evacuate 6.5 GW of renewable energy from Gujarat.

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) invited bids to install 2.5 MW of hybrid rooftop solar systems with hybrid inverters and battery backup at multiple government buildings under the capital expenditure mode. Bids must be submitted by September 15, 2026. Bids will be opened the next day.

Bhagwati Industrial Group floated two tenders for the design, engineering, procurement, erection, construction, testing, and commissioning of grid-interactive solar projects aggregating 2,249 MW across multiple Maharashtra State Electricity Distribution Company’s substations under the Mukhyamantri Saur Krishi Vahini Yojana 2.0. The last date to submit bids for both tenders is August 27, 2026.

UPNEDA invited bids to install 11 MW of grid-connected rooftop solar projects at government buildings across the state. The last date to submit bids is September 15, 2026.

UPNEDA invited bids to install 2.5 MW of off-grid solar projects at multiple government buildings under the capital expenditure mode. Bids must be submitted by September 15, 2026. Bids will be opened the next day.

Tata Power Renewable Energy, a subsidiary of Tata Power Company commissioned a 190.5 MW solar firm and dispatchable renewable energy project at Kalasar in Bikaner, Rajasthan. The project is part of a larger 460 MW firm and dispatchable renewable energy capacity.

The solar arm of KP Group, Sun Drops Energia, will acquire up to 100% of the equity shares in renewable energy solutions provider DEK and Mavericks Green Energy at a valuation of ₹558 million (~$5.83 million).

State-owned lender to the energy sector, Power Finance Corporation’s revenue for the first quarter (Q1) of the financial year 2026-27 remained flat at ₹285.27 billion (~$2.98 billion), compared to ₹285.39 billion (~$2.98 billion) during the same period the previous year.

China-based photovoltaic-grade polysilicon manufacturer Daqo New Energy reported revenue of $62.66 million in Q2 of 2026, a 16.7% year-over-year (YoY) decline from $75.19 million. The quarterly revenue beat analysts’ estimates by $6.59 million.

Norway-based renewable energy solutions provider Scatec posted revenue of NOK1.37 billion (~$147.3 million) in Q2 of 2026, up 4% YoY from NOK1.32 billion (~$141.6 million). Earnings before interest, taxes, depreciation, and amortization stood at NOK824 million (~$88.65 million), down 20% YoY from NOK1.03 billion (~$110.5 million).