Adani Green Energy, NTPC Green Energy, SJVN Green Energy, Megha Engineering and Infrastructure, and Gentari Renewables emerged as the top utility-scale solar project developers in India for 2025, according to Mercom’s India Solar Market Leaderboard 2026. These developers together accounted for more than 47% of the market share of projects commissioned during calendar year 2025, highlighting strong concentration among leading players, alongside rising competition amongst mid-tier developers.

The Ministry of New and Renewable Energy (MNRE) reiterated that renewable energy implementing agencies cannot include a greenshoe option in their tenders unless they obtain prior approval from the appropriate electricity regulatory commission. This clarification follows repeated observations by electricity regulators that the existing bidding guidelines do not explicitly permit the greenshoe mechanism.

MNRE introduced an additional provision under the ‘Give It UP’ option, allowing consumers to forgo Central Financial Assistance without a Domestic Content Requirement (DCR) certificate under the PM Surya Ghar: Muft Bijli Yojana. While the ‘Give It Up’ option with a DCR certificate was already available on the national portal, the MNRE has now enabled this new feature, enabling greater flexibility for residential consumers opting for rooftop solar systems under the program.

The Maharashtra Electricity Regulatory Commission eliminated the ability to time-shift solar generation beyond its production window by restricting energy banking to the same time-of-day slot, fundamentally altering the viability of projects for commercial and industrial consumers installing solar.

The Telangana Electricity Regulatory Commission retained the existing retail electricity tariff structure for the financial year 2026–27 while revising key components, including the cross-subsidy surcharge, additional surcharge, and other open access–linked charges. Industrial Consumers for HT-I(A) Industry General, the tariff remains unchanged.

Plastic components manufacturer Pune Polymers installed two rooftop solar systems totaling 705 kW across its manufacturing facilities in Maharashtra, aiming to reduce grid dependency, lower peak demand charges, improve cost predictability, and enhance reliability. The installations are expected to generate over 910,000 units of electricity annually, helping reduce power bills by approximately 30–40%.

Power Grid Corporation of India (POWERGRID) invited bids for a transmission line package between Barmer-II and South Kalamb (Part-V) associated with the transmission system for the evacuation of power from Rajasthan Renewable Energy Zone Ph-IV (6 GW) and the Barmer complex (6 GW solar). The last date to submit bids is April 16, 2026.

POWERGRID invited bids for a pre-bid tie-up to set up a ±800 kV high-voltage direct current (HVDC) transmission line package connecting the Barmer-II HVDC terminal in Rajasthan and the South Kalamb HVDC terminal in Maharashtra to evacuate 6 GW of solar power from the Rajasthan Renewable Energy Zone Phase-IV. Bids must be submitted by April 16, 2026. Bids will be opened on the same day.

NTPC Renewable Energy invited bids for the engineering, procurement, and construction of 900 MW (3 X 300 MW) solar projects at Mandsaur, Madhya Pradesh. The last day to submit the bids is May 8, 2026. Bids will be opened on the same day.

Mumbai-headquartered renewable energy solutions provider Clean Max Enviro Energy Solutions commissioned a 185 MW wind-solar hybrid power project in Kalavad, Gujarat. The project will supply renewable energy to 17 corporate customers, including APAR Industries and Borosil Renewables, under a group captive arrangement. The 185 MW wind-solar hybrid project was developed over 12 months.

Aroma Solar, the renewable energy subsidiary of agricultural exporter Aroma Agrotech, commenced operations at its 1.2 GW solar module manufacturing facility in Karnal, Haryana. The facility has begun producing TOPCon solar modules in the 620 W to 635 W range, with reported efficiencies up to 23.51%.

China’s total installed solar generation capacity reached 1,234 GW by the end of February 2026, and wind generation capacity reached 650 GW, increasing 33.2% and 22.8% year-over-year (YoY), respectively, according to the country’s National Energy Administration. The total installed power generation capacity as of February 2026 stood at 3,950 GW, rising 15.9% YoY.

The solar and energy storage markets in the U.S. have entered a phase of uncertainty in the first quarter of 2026, as several policy developments began directly influencing pricing, procurement strategies, and supply chains, according to Anza’s Q1 2026 Quarterly Pricing, Foreign Entity of Concern Compliance, and Domestic Content Report.

The Government of Zambia, in partnership with Norway, issued a call for proposals under a Carbon Feed-In Premium program targeting up to 300 MW of grid-connected solar projects with battery storage to mobilize private investment. Developers must submit the proposals by May 31, 2026.