Daily News Wrap-Up: Steel, Zinc Costs Lift Solar Mounting Structure Prices

Rajasthan announces winners of its solar plus storage auction

October 15, 2026

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Solar module mounting structure manufacturers say higher steel and zinc prices, rising galvanization and manufacturing costs, weak order visibility, and staggered project releases are pushing up prices and increasing procurement and working-capital risks. These pressures are particularly significant for orders secured at aggressively competitive rates.

Rajasthan Solar Park Development Company, a subsidiary of Rajasthan Renewable Energy Corporation, announced the winners of its auction for solar projects integrated with battery energy storage systems at Pugal Solar Park in Bikaner, Rajasthan.

The Haryana Electricity Regulatory Commission approved amendments to the Procedure for Grant of Connectivity and Green Energy Open Access, introducing a mechanism for renewable energy developers to request additional time to complete power evacuation infrastructure.

Commercial establishments such as shopping malls are increasingly turning to rooftop solar solutions to reduce electricity expenses and improve the sustainability of their operations. Nexus South City Kolkata Mall has installed a 730 kW rooftop solar project and expects annual electricity savings of approximately ₹7.5 million (~$78,376).

Karnataka Power Corporation invited bids to develop ground-mounted solar power projects integrated with battery energy storage systems across the state. The tender covers 1,000 MW of solar projects integrated with 1,000 MW/2,000 MWh of storage under the build, own, and operate model. The last date to submit bids is November 11, 2026.

Telangana Renewable Energy Development Corporation (TGREDCO) invited bids to set up solar-plus-storage projects across India. The tender covers 3 GW of solar projects integrated with 1 GW/6 GWh of energy storage systems under a build, own, and operate arrangement. The last date to submit bids is November 4, 2026. Bids will be opened on November 9.

TGREDCO invited bids to supply 2,000 MW of round-the-clock firm and dispatchable renewable energy from projects across India.  The last date to submit bids is November 4, 2026. Bids will be opened on November 9, 2026.

Telangana Power Generation Corporation invited bids to supply firm and dispatchable renewable energy from renewable projects integrated with energy storage at Shankar Pally and Ramagundam. The last date to submit bids is November 4, 2026. Bids will be opened on November 9, 2026.

TGREDCO invited bids to develop wind power projects across India. The last date to submit bids is November 4, 2026. Bids will be opened on November 9, 2026.

NTPC Vidyut Vyapar Nigam invited bids from contractors to develop a 1.89 MW rooftop solar project at the Postgraduate Institute of Medical Education and Research in Chandigarh. The last date to submit bids is November 2, 2026.

NTPC Renewable Energy invited bids to supply solar photovoltaic modules for its projects in Rajasthan. The last date to submit bids is November 5, 2026.

Decarbonization solutions company ReNew secured a $100 million financing facility from the Netherlands-based development bank FMO to support renewable energy projects under construction.

GreenCell Mobility, an electric mobility-as-a-service company, secured DKK230 million ($35 million) in funding from Impact Fund Denmark. The funding was routed through the Danish SDG Investment Fund II.

Bengaluru-based energy infrastructure solutions provider Zetwerk Manufacturing Businesses filed a red herring prospectus for a ₹50.12 billion (~$526.36 million) initial public offering.

Researchers from Barcelona-based Institut de Ciències Fotòniques developed a solar cell design that could potentially increase single-junction solar cell efficiency to nearly 43%. The researchers replaced the conventional transparent front electrode with an ultrathin silver layer to address energy losses that limit solar cell conversion efficiency.

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