The All India Solar Module Manufacturers urged Union Minister for New and Renewable Energy Pralhad Joshi to provide an 18-month, output-linked transition for the mandatory use of solar cells listed under the Approved List of Models and Manufacturers (ALMM) List-II across all project categories.

The lithium carbonate market remained highly volatile this year amid expectations of stronger global supply of the key battery material. Lithium carbonate futures in China fell to CN¥144.11 (~$21.28) per kg on July 21, a decline of nearly 28% from more than CN¥200 (~$29.53) per kg in May, according to Trading Economics.

On the sidelines of the Mercom India Renewables Summit 2026, Bhavesh Kumar Rathod, Founder and Managing Director at Soleos Energy, spoke about domestic manufacturing, battery energy storage, open access, transmission bottlenecks, financing, and the company’s plans to support industrial decarbonization.

Stricter regulations and project oversight can discourage speculative developers, but they may also inadvertently affect genuine developers facing legitimate execution challenges that delay project timelines. According to Shri Venkatesh, Founding Partner at SKV Law Offices, India’s electricity regulations must strike a balance between stronger oversight and adequate flexibility for private developers.

In an interview on the sidelines of the Mercom India Renewables Summit 2026, held in New Delhi on July 1 and 2, Kalthia talks about India’s solar manufacturing ecosystem, export opportunities, timelines for the ALMM, battery energy storage, and Kosol’s plans to foray into battery cell manufacturing.

The Maharashtra Electricity Regulatory Commission directed Maharashtra State Electricity Distribution Company (MSEDCL) to pay ₹1.14 billion (~$11.84 million) for delayed payments to wind energy developers. It directed MSEDCL to pay Vena Energy ₹710.96 million (~$7.37 million) as late payment surcharge and ₹431.52 million (~$4.47 million) as interest for delays relating to invoices issued between July 2020 and November 2024.

Electric two-wheeler manufacturer Ather Energy raised approximately ₹13 billion (~$134.74 million) through a qualified institutional placement of equity shares.

PFC Consulting invited bids to establish an intrastate transmission system for the 400/220 kV Malegaon (Saundane) air-insulated substation in the Nashik district of Maharashtra.

Waaree Renewable Technologies, the engineering, procurement, and construction arm of the Waaree Group, reported consolidated revenue from operations of ₹9.24 billion (~$95.7 million) for the first quarter of the financial year (FY) 2027, a 53.23% year-over-year (YoY) increase from ₹6.03 billion (~$62.49 million).

Adani Green Energy posted revenue of ₹42.80 billion (~$443.52 million) in Q1of FY 2027, an increase of 29% YoY from ₹33.12 billion (~$343.21 million). The company attributed the growth primarily to higher electricity sales and the expansion of its operational portfolio.

Surat-based solar module manufacturer Navitas Solar entered into a five-year partnership with California-based perovskite technology company Caelux Corporation to develop and manufacture 5 GW of hybrid tandem solar modules in India.

Malaysia’s Ministry of Energy Transition and Water Transformation launched the sixth Large-Scale Solar program, offering 2,650 MW of solar capacity and 1,250 MW of battery storage capacity across three procurement packages.