The Ministry of New and Renewable Energy (MNRE) mandated that all original equipment manufacturers enlisted for the supply of inverters under the PM Surya Ghar: Muft Bijli Yojana integrate inverter communication devices with the PM Surya Ghar portal. The move comes in the background of inverter communication devices transmitting data to servers outside India, potentially risking grid disruptions. The inverters must also be connected to software managed by the MNRE or any other agency designated by it. The integration of inverter communication devices with the portal will be rolled out for the testing phase from September 1, 2025.

The Ministry of Heavy Industries amended the Phased Manufacturing Programme for the electric vehicle public charging stations component of the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) program. According to MHI’s revised guidelines, domestic manufacturing of charger enclosures or panels, internal wiring harnesses, and IS/IEC 60309 connectors must have commenced by December 1, 2021. Software/mobile applications for the Open Charge Point Protocol, as well as the central server, must be developed indigenously from the same date.

Rajasthan Rajya Vidyut Utpadan Nigam invited bids from consultants to design land banks to develop 34 GW of solar parks on government land. The contract will be for a period of six months from the date of issuance of the letter of intent. Bids must be submitted by July 29, 2025. Bids will be opened the next day. The scope of work involves providing end-to-end consultancy services to design land banks to support the development of solar parks on government land. It also entails identifying and mapping suitable land parcels, retrieving land records such as khasra numbers and land types from government sources, and analyzing the data to ensure contiguity and suitability for solar park development.

The Indian Institute of Science Education and Research Bhopal invited expressions of interest to implement a 2 MW captive solar project. Bids must be submitted by August 11, 2025. Bids will be opened on August 12. Bidders must furnish an earnest money deposit of ₹250,000 (~$2,898.68). The scope of work entails the planning, design, supply, installation, testing, and commissioning of the solar project. It also involves providing operations and maintenance services for ten years. Selected bidders must conduct site surveys, technical feasibility, and regulatory and policy assessments. They must also obtain all necessary permits and approvals from local authorities (central or state), distribution companies, and IISER.

Government-owned lender Indian Renewable Energy Development Agency (IREDA) reported a consolidated revenue of ₹19.48 billion (~$226 million) for the first quarter of the financial year 2026, a 29% year-over-year increase from ₹15.1 billion (~$176 million). This revenue growth can be attributed to the 26% expansion of IREDA’s loan book. IREDA’s profit after tax was ₹2.47 billion (~$29 million), decreasing 35% from ₹3.84 billion (~$44 million) in the same period of the previous year. This decline was attributed to an increase in the company’s non-performing assets to 4.13% from 2.45%.

Switzerland-headquartered solar solutions provider Candi Solar raised $24 million (~₹2.06 billion) from Norfund, STOA, and the Energy Entrepreneurs Growth Fund (EEGF) to fund new solar power projects in India and South Africa. This fundraising includes a $20 million (~₹1.7 billion) convertible loan from Norfund and STOA, as well as a $4 million (~₹344.59 million) top-up to its existing mezzanine facility with the EEGF. After this round, the company’s total capital raised has grown to over $140 million (~₹12.06 billion). Last June, Candi Solar had secured $38 million in equity investment from Norfund, Kyuden International, and STOA to fund 200 MW of commercial and industrial solar projects in India and South Africa. Founded in 2018, Candi Solar offers energy solutions as a solar engineer, financier, and operator.