Pace Digitek won Karnataka Renewable Energy Development’s (KREDL) auction to set up a 250 MW solar project with a 250 MW/1,100 MWh battery energy storage system (BESS) at Ryapte village in Tumkur district. Pace Digitek has won the project at a tariff of ₹5.51 (~$0.06)/kWh. The contract value is ₹17.75 billion (~$195.89 million). The tender was floated in May 2025. The project will supply peak power and optimize grid utilization at the Pavagada Solar Park.

Indian solar module and cell exporters are upbeat after the U.S. slashed tariffs on Indian goods from an effective rate of 50% to 18%. They hope the lower tariff will make their products more competitive in the U.S. market. Indian exporters have sufficient capacity to serve both domestic and international markets, and they believe the tariff cut couldn’t have come sooner.

Kerala State Electricity Regulatory Commission issued the draft framework for resource adequacy planning and regulations, aligning with the central government guidelines. Stakeholders can send their objections/suggestions before February 25, 2026. The Commission said the Kerala State Electricity Regulatory Commission (Framework for Resource Adequacy) Regulations, 2026, are important for Kerala, as the state faced the dual challenges of climate change and rapid injection of renewable energy into the grid.

Power Grid Corporation of India floated tenders inviting bids to select a pre-bid tie-up partner to set up six standalone battery energy storage projects (BESS) with a cumulative capacity of 125 MW/500 MWh in Odisha. The last date to submit bids is February 16, 2026.

Maharashtra State Electricity Distribution Company issued a tender to procure 2,500 MW of round-the-clock power, with at least 51% (1,275 MW) sourced from renewable energy projects. Successful bidders can supply the remaining power from non-renewable sources.

PFC Consulting invited bids to set up a 3×500 MVA, 400/220 kV substation, along with associated transmission lines, at Humnabad in Bidar district, Karnataka. Bids must be submitted by April 14, 2026. Bids will be opened on the same day.

Military Engineer Services invited bids for comprehensive operations and maintenance of a 6 MW solar power project at Meerut cantonment in Uttar Pradesh. The work should be completed within 330 days from the date of handover of the site. The estimated cost of the project is ₹4.9 million (~$54,037). The last date to submit the bids is March 5, 2026. Bids will be opened on March 11.

Gujarat-based Torrent Power‘s revenue from operations increased 4% year-over-year (YoY) to ₹67.78 billion (~$747.72 million) in the third quarter (Q3) of the financial year (FY) 2026 from ₹64.99 billion (~$717 million). Profit after tax came in at ₹6.55 billion (~$72.25 million), a 34% YoY increase from ₹4.89 billion (~$54 million).

Kolkata-based solar cell manufacturer and solar solutions provider, Jupiter International, commissioned a 1 GW Monocrystalline Passivated Emitter Rear-Cell (Mono PERC) solar cell manufacturing facility in Baddi, Himachal Pradesh. This is the company’s third solar cell manufacturing facility. The company already has a 1 GW facility in Baddi. With this addition, the company’s total installed capacity stands at 2 GW.

A recent study has shown that missing Supervisory Control and Data Acquisition data could be distorting measured solar tracker availability in utility-scale projects. Larger distortions in tracker availability data could also affect perceptions of the overall project’s performance. The findings were published in a research paper titled ‘Assessing tracker availability in 2 GW solar power plants,’ and published in the EPJ Photovoltaics journal.