The Ministry of New and Renewable Energy updated the ALMM List-II for solar cells, adding Avaada Electro as a new manufacturer and expanding Fujiyama Power Systems’ approved manufacturing capacity. As per the MNRE ALMM List-II update dated July 22, 2026, the total ALMM-listed domestic solar cell manufacturing capacity is 31.76 GW.

The Maharashtra Electricity Regulatory Commission adopted a weighted-average levelized tariff of ₹6.38 (~$0.066)/kWh for procuring 750 MW of round-the-clock (RTC) power from grid-connected renewable energy projects, complemented by power from other sources. The procurement will be undertaken by Adani Electricity Mumbai Distribution under a 10-year power purchase agreement with Powerpulse Trading Solutions.

In an interview on the sidelines of the Mercom India Renewables Summit held in New Delhi on July 1 and 2, Hardip Singh, Chief Operating Officer at Grew Solar, said the Approved List of Models and Manufacturers (ALMM) requirement for cells was a welcome step, as was the one for ingots and wafers that will come into force in 2028. He also spoke about Grew Solar’s reverse merger with one of its group companies and plans to go public within this year.

Recognizing the benefits of rooftop solar, packaging materials and solutions company Uflex installed a 2,909 kW system at its facility in Dharwad, Karnataka, to reduce its electricity costs.

GAIL (India) issued a tender to set up a 600 MW solar project integrated with a 275 MW/550 MWh battery energy storage system at the Tusco Jhansi Solar Park in Uttar Pradesh. Bids must be submitted by August 20, 2026. Bids will be opened on the following day.

In the calendar year 2025, 119 GW of solar modules and over 9 GW of solar cell manufacturing capacity were added in the country, according to Mercom India’s State of Solar PV Manufacturing in India 2026 report. Buoyed by large utility-scale project pipelines, residential rooftop targets and ambitious government schemes, India’s solar sector is brimming with opportunities for manufacturers, product suppliers, developers and distributors.

Independent power producer JSW Energy reported consolidated revenue of ₹54.37 billion (~$564.59 million) in the first quarter of the financial year 2027, remaining largely flat from ₹54.11 billion (~$561.89 million) in the corresponding quarter of the previous year.

Global markets for air conditioners have expanded rapidly in recent years. Annual AC unit shipments are now 25% higher than they were five years ago, driven largely by growth in emerging and developing economies, according to the International Energy Agency. In 2024, amid exceptional heatwaves, global AC shipments reached 200 million units. That year, shipments grew by about 10% in India, the Middle East, the U.S. and Europe, and by 40% or more in Latin America and Africa.