The Ministry of Power decided to eliminate the requirement for clearance from the Power Telecom Coordination Committee for transmission lines, effective July 1, 2026, to reduce delays in project execution. The decision was taken at a meeting chaired by the Secretary of the Ministry of Power to address bottlenecks in transmission project development, particularly those affecting the Power Grid Corporation of India.

The U.S. Department of Commerce announced preliminary affirmative determinations in antidumping duty investigations into crystalline silicon photovoltaic cells, whether or not assembled into modules or solar cells, from India, Indonesia, and Laos. For India, the Commerce Department assigned an estimated weighted-average dumping margin of 123.04% to Mundra Solar PV, Mundra Solar Energy, Kowa Company, and Premier Energies.

SJVN Green Energy issued an expression of interest to sell 712.89 MW of solar modules stored at multiple locations in India. Bids must be submitted by May 14, 2026. Bids will be opened on May 15. The scope of work includes identifying prospective buyers and assessing commercial modalities, including lot-wise, location-wise, or composite sale structures.

Seven companies have won the Solar Energy Corporation of India’s auction to install 5,665 kW rooftop solar projects under the renewable energy service company model on 14 government buildings (Tranche-VIII). The tender was floated in January this year. GH2 Solar secured the highest overall capacity, winning 300 kW at a tariff of ₹3.13 (~$0.0333)/kWh, 1,200 kW at ₹3 (~$0.0319)/kWh, and 1,000 kW at ₹3.04 (~$0.0323)/kWh.

Nexamp, a developer of solar and battery storage projects, secured a $200 million credit facility from Nuveen Energy Infrastructure Credit, acting as the sole lender. The facility is structured as a delayed draw term loan, with an initial commitment of $125 million and an option to access an additional $75 million.

The Indian Energy Exchange reported revenue from operations of ₹1.74 billion (~$18.49 million) in the fourth quarter of the financial year 2026, a 22.5% year-over-year (YoY) increase from ₹1.42 billion (~$15.09 million). The company’s profit after tax stood at ₹1.3 billion (~$13.82 million), a 10.8% YoY increase from ₹1.17 billion (~$12.43 million).

Gujarat-based solar company Ahasolar Technologies secured a work order from Mahatma Phule Renewable Energy and Infrastructure Technology to provide consultancy services for 30 MW of distributed grid-connected rooftop solar projects in Goa. The project involves implementing rooftop solar systems at various government buildings across the state.

Independent power producer ReNew Energy Global will set up a 6.5 GW solar ingot-wafer manufacturing facility in Anakapalli, Andhra Pradesh, with an investment of ₹42 billion (~$446.47 million). Through this manufacturing facility, ReNew aims to enable backward integration of its solar module and cell manufacturing processes.

India’s industrial sector is increasingly adopting rooftop solar to offset rising electricity costs and improve energy efficiency within existing infrastructure constraints. Large manufacturing units, in particular, are leveraging distributed solar systems across factory rooftops to optimize available space while maintaining uninterrupted operations.

The Saudi Power Procurement Company launched the qualification process for the second group of four-hour-duration battery energy storage projects, with a total capacity of 3,000 MW/12,000 MWh. Each project will be set up under a build-own-operate model, with selected bidders holding 100% equity in the special purpose vehicle established to develop and operate the storage project.

U.S.-based Headwater Energy, a utility-scale solar and energy storage development firm, completed the acquisition of Arena Renewables, a distributed generation solar and battery energy storage system developer. The financial terms of the transaction were not disclosed. The acquisition combines Arena’s project development capabilities with Headwater’s financing and operational platform, bringing a development pipeline of nearly 1 GW of solar and storage projects.