Daily News Wrap-Up: Green Energy Corridor III Faces Execution Test
CEA proposes safety standards for solar, wind and battery storage projects
October 6, 2026
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The Green Energy Corridor Phase III (GEC III) program has the potential to create new opportunities for transmission equipment suppliers, EPC firms, battery storage providers, and grid technology companies as India develops infrastructure to accommodate an extra 135 GW of renewable energy.
The Central Electricity Authority proposed technical standards applicable to electrical safety requirements for solar, wind, battery energy storage systems, electric vehicle charging stations, transmission systems, and other electrical installations.
The Maharashtra Electricity Regulatory Commission (MERC) rejected a solar power developer’s request to extend the scheduled commercial operation date for its 200 MW solar project in Hingoli, Maharashtra.
MERC allowed, in principle, a petition seeking revision of the scheduled commencement of supply dates for solar projects where the associated transmission evacuation infrastructure is expected to be commissioned after the contractual timelines.
Commercial and industrial units investing in renewable energy projects have access to a growing range of bank financing options, including green loans with concessional interest rates, longer repayment periods, and collateral-free funding for eligible borrowers.
The Solar Energy Corporation of India invited bids to select developers to set up grid-connected rooftop solar projects across India under the Renewable Energy Service Company model (RTSPV Tranche-XIV). The last date to submit bids is November 10, 2026. Bids will be opened on November 13.
PFC Consulting invited bids to establish the interstate transmission system (ISTS) to integrate the Kadapa II Renewable Energy Zone (REZ), Phase I, in Andhra Pradesh. The last date to submit bids is December 4, 2026. Technical bids will be opened on the same day.
Military Engineer Services invited bids for the comprehensive operation and maintenance of a solar power project at Air Force Station, Tughlakabad, New Delhi. The last date to submit bids is October 24, 2026. Bids will be opened on October 26.
UltraTech Cement, the cement flagship company of the Aditya Birla Group, commissioned 116.55 MW of wind capacity at its ISTS-connected wind-solar project in Barmer, Rajasthan.
Onix IPP, a subsidiary of Bondada Engineering, secured ₹9.11 billion (~$94.96 million) in financing from the State Bank of India for a 225 MW solar power project in Maharashtra.
Lithium carbonate futures on Chinese markets plunged more than 20% in September 2026 amid weakening demand and concerns over excess battery cell production capacity.
The value of crystalline silicon solar module imports into the U.S. fell 78% between the first half of 2024 and the first half of 2026, as trade enforcement measures and domestic manufacturing incentives reshaped the country’s solar supply chain, according to a white paper by Crux.
US-based solar technology and manufacturing company, First Solar filed a lawsuit against JA Solar and American Panel Solutions, alleging unauthorized use of a patent related to tunnel oxide passivated contact technology.
