The Ministry of New and Renewable Energy issued clarifications on solar cells’ enlistment in the Approved List of Models and Manufacturers (ALMM). The Ministry clarified that it would treat potential induced degradation (PID) and non-PID cells as different products or families and enlist them separately. The Ministry also clarified that the produced cells’ data for efficiencies or wattages will be collected during the ALMM inspection. The data will be used to calculate the average efficiency and the same will be enlisted.

The Maharashtra Electricity Regulatory Commission (MERC) approved Maharashtra State Electricity Distribution Company’s (MSEDCL) request for adopting 400 MW of solar power from Avaada Energy at a tariff of ₹2.79 (~$0.0326)/kWh. MERC observed that the petitioner’s bidding process was competitive, transparent, and adhered to government guidelines. It also noted that the discovered tariff reflected the current market trends. Additionally, the Commission acknowledged that procuring 400 MW of solar power would help the petitioner meet its renewable purchase obligation.

The Singareni Collieries Company invited bids for the engineering, procurement, and construction (EPC) of 5 MWdc of grid-connected rooftop solar systems on colony residential and office buildings in its different areas. Selected bidders must provide comprehensive operation and maintenance service for ten years. The modules must utilize monocrystalline passivated emitter and rear cell technology with a minimum rating of 540 Wp. They must be listed in the Approved List of Models and Manufacturers.

NLC India invited bids for the EPC of grid-connected solar projects with a cumulative capacity of 5 MW. The total capacity is divided into a 4 MW rooftop and a 1 MW floating solar component. Bids must be submitted by May 24, 2025. Bids will be opened on the same day. The scope of work includes the design, engineering, supply, installation, testing, and commissioning of the projects. It also entails conducting performance guarantee tests. The projects’ operation and maintenance period is five years.

Gujarat-based power company Torrent Power’s total comprehensive income jumped by 142% year-over-year (YoY) in the fourth quarter of the financial year 2025 to ₹10.85 billion (~$127.12 million) from ₹4.48 billion (~$52.48 million). Torrent attributed the growth to an increased contribution from gas-based power projects and licensed and franchised distribution businesses. Its tax expenses also decreased, leading to an increase in total comprehensive income.

The U.S. House Ways & Means Committee issued the initial draft of the 2025 budget reconciliation bill, proposing sweeping revisions to clean energy tax incentives established under the Inflation Reduction Act. The draft legislation outlines a fundamental realignment of the tax policy that favors utility-scale solar development and domestic manufacturing while eliminating or curtailing several benefits for individual consumers and companies with foreign supply chain dependencies.

Europe’s battery energy storage market grew by 15% in 2024, according to the European Market Outlook for Battery Storage 2025-2029 report by SolarPower Europe. However, the growth had slowed YoY. The continent installed 21.9 GWh of battery energy storage systems in 2024, achieving record installations for the eleventh consecutive year and increasing Europe’s total battery capacity to 61.1 GWh. The annual capacity installation growth rate reduced to 15% after three continuous years of doubling the newly added capacity.