Indian companies registered under the Companies Act, 2013, and holding a valid Category-I electricity trading license are eligible to become renewable energy implementing agencies (REIA) if they have a net worth exceeding ₹5 billion (~$58.24 million) and a long-term credit rating of A or above. The net worth must exclude revaluation reserves. The company’s Board of Directors must also formally approve the proposal to act as a REIA. To uphold transparency, subsidiaries or group companies of the REIA are barred from participating in its own bidding processes. In the event of ownership changes, mergers, or demergers, the company must continue to meet the eligibility criteria specified in the guidelines.

The Haryana Electricity Regulatory Commission amended the formula for calculating the net worth criteria for selecting a Qualified Coordinating Agency (QCA), which acts as the intermediary between state load dispatch centres and power generators. The Commission accepted the request of the petitioners, CleanMax and ASK Automotive, to amend the formula for calculating the net worth of QCAs. It stated that the formula for calculating net worth was leading to a double deduction of liabilities.

The Solar Energy Corporation of India issued a request for selection to set up 3,850 kW grid-connected rooftop and ground-mounted solar projects at six campuses across New Delhi, Madhya Pradesh, Puducherry, and Meghalaya. Bids must be submitted by July 28, 2025. Bids will be opened on July 31. Apart from installing the solar projects for the client campuses’ use, the scope of work entails their complete design, engineering, supply, storage, civil work, erection, testing, and commissioning. It also involves providing operation and maintenance services for 25 years, as well as net-metering and grid connectivity for the projects.

The New Jersey Board of Public Utilities (NJBPU) approved Phase 1 of the Garden State Energy Storage Program (GSESP) with a target of 1,000 MW of energy storage systems. Under Tranche 1 of Phase 1, the first solicitation aims to award 350-750 MW. The pre-qualification process, which started on June 25, 2025, has a final bid submission deadline of August 20, 2025. The NJBPU expects to issue awards for Tranche 1 by October 31, 2025. GSESP is a multi-phase program designed to deploy 2 GW of energy storage by 2030, a mandate established by the Clean Energy Act of 2018.

China-based solar solutions company LONGi launched a solar module manufacturing facility in Delta Mas, Indonesia, located in the West Java region. This facility will be established in collaboration with Pertamina, Indonesia’s state-owned energy company, through its subsidiary, Pertamina New and Renewable Energy. The facility is expected to commence manufacturing preparations this month with an annual production capacity of 1.6 GW. It will utilize LONGi’s Hybrid Passivated Back Contact 2.0 technology to produce high-efficiency modules.