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					</table><p>The PM Surya Ghar portal <a href="https://www.mercomindia.com/digital-consumer-verification-now-must-for-pm-surya-ghar-vendor-agreements" target="_blank" rel="noopener">made</a> consumer approval of vendor agreements mandatory before rooftop solar installations can proceed. Vendors cannot upload installation details until consumers approve the agreements.</p>
<p>SJVN <a href="https://www.mercomindia.com/sjvn-announces-winner-of-265-mw-530-mwh-battery-storage-auction" target="_blank" rel="noopener">announced</a> the winner of its auction for a 265 MW/530 MWh standalone battery energy storage system in Haryana. The tender included a 250 MW/500 MWh project supported by the Power System Development Fund.</p>
<p>The Appellate Tribunal for Electricity <a href="https://www.mercomindia.com/aptel-extends-deadline-for-72-6-mw-of-uncommissioned-wind-capacity" target="_blank" rel="noopener">extended</a> the commissioning deadline for 72.6 MW of a 200 MW wind project in Maharashtra to December 31, 2026 while declining to stay the compensation mechanism for delayed commissioning.</p>
<p>The Karnataka High Court partially <a href="https://www.mercomindia.com/karnataka-high-court-strikes-down-land-use-limits-on-clean-energy" target="_blank" rel="noopener">allowed</a> petitions challenging provisions of the Karnataka Renewable Energy Policy 2022 to 2027, holding that prescribed land-use limits cannot be imposed on renewable energy developers who acquire or lease land themselves.</p>
<p>A feed manufacturer in Solapur <a href="https://www.mercomindia.com/solapur-factory-trims-annual-power-costs-by-%E2%82%B95-million-with-rooftop-solar" target="_blank" rel="noopener">installed</a> a 550 kW rooftop solar system to address high electricity costs and voltage fluctuations. The facility now saves around 40,000 units of electricity a month and more than ₹5 million (~$56,000) annually.</p>
<p>Maharashtra State Electricity Distribution Company <a href="https://www.mercomindia.com/msedcl-invites-bids-for-battery-energy-storage-systems" target="_blank" rel="noopener">invited</a> bids to procure energy from battery energy storage systems. The last day to submit bids is October 6, 2026. The last day to submit bids is October 6, 2026. Bids will be opened on the same day.</p>
<p>Railway Energy Management Company <a href="https://www.mercomindia.com/remcl-tenders-rooftop-solar-projects-at-railway-stations-in-mumbai" target="_blank" rel="noopener">invited</a> bids on behalf of Mumbai Railway Vikas Corporation for rooftop solar projects at four Central Railway stations in Maharashtra. Bids are due on October 21, 2026. Bids will be opened on October 23.</p>
<p>The Gulbarga Electricity Supply Company <a href="http://mercomindia.com/gescom-invites-bids-for-rooftop-solar-projects-on-government-buildings" target="_blank" rel="noopener">invited</a> bids to supply, install, test, and commission grid-connected rooftop solar projects on government buildings under its jurisdiction, with five years of operation and maintenance. The last date to submit bids is October 17, 2026. Bids will be opened on October 21.</p>
<p>South Korea’s Korea Power Exchange <a href="https://www.mercomindia.com/south-korean-power-exchange-invites-bids-to-procure-6-6-gwh-storage-capacity" target="_blank" rel="noopener">invited</a> bids to procure 1.18 GW/6.6 GWh of storage capacity through its 2026 central contract market. The projects must be completed by February 2029.</p>
<p>Electric vehicle and infrastructure company Ultraviolette <a href="https://www.mercomindia.com/ev-firm-ultraviolette-raises-85-million-from-yali-capital-tdk-ventures" target="_blank" rel="noopener">raised</a> $85 million in a funding round led by Lip-Bu Tan, Yali Capital, and TDK Ventures. Tan will join the company as an advisor.</p>
<p>The median price of imported solar modules in the U.S. <a href="https://www.mercomindia.com/us-solar-module-prices-jump-over-40-after-section-232-measures" target="_blank" rel="noopener">jumped</a> by more than 40% following the country’s Section 232 announcement on tariffs and minimum import prices, according to Anza.</p>
<p>The U.S. clean energy sector <a href="https://www.mercomindia.com/us-clean-energy-sector-lost-nearly-37000-jobs-in-2025-report" target="_blank" rel="noopener">lost</a> 36,949 jobs in 2025, according to E2’s Clean Jobs America 2026 analysis. The decline ended four consecutive years of employment growth.</p>


Daily News Wrap-Up: Consumer Nod a Must for PM Surya Ghar Vendor Agreements


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					</table><p>More than a month after the U.S. introduced price floors and new tariffs on polysilicon products with its Section 232 proclamation, the median price for imported solar modules has jumped by more than 40%, according to solar and energy data company <a href="https://www.anzarenewables.com/" target="_blank" rel="noopener">Anza</a>.</p>
<p>On August 6, 2026, the U.S. <a href="https://www.mercomindia.com/us-imposes-15-tariff-on-polysilicon-derivatives-sets-solar-import-prices" target="_blank" rel="noopener">announced</a> a 15% additional tariff on certain polysilicon products and set minimum import prices for polysilicon, wafers, and solar cells and modules, regardless of the country of origin.</p>
<p>The tariffs and minimum import prices will come into effect on December 4, 2026. In the month since the Section 232 proclamation, solar module suppliers have moved quickly to repricing and adjust prices as developers rush to secure lower cost supply before the minimum import price takes effect.</p>
<p>The median price for imported modules was $0.27/W before the proclamation and is now $0.38/W for deliveries after December 4, the company says.</p>
<p>As of September 9, 2026, 55% of the active suppliers on Anza’s solar platform had adjusted their prices after the Section 232 proclamation, covering 65% of modules on the platform.</p>
<p>“December 4 may be the effective date, but developers can’t treat it as the deadline to make a procurement decision. Modules need time to ship and clear U.S. Customs before then, and lower cost supply available ahead of the deadline is already tightening. Developers need to understand what is available now, at what price and on what terms, and move quickly on the strategy that makes the most sense for their project,” said Aaron Hall, President of Anza.</p>
<p>The company said developers should reassess procurement strategies to focus on inventory already cleared through U.S. Customs, modules that can clear customs before December 4, domestic content supply, and contractual allocation of tariff and stockpiling risks.</p>
<p>It also advised developers to assess domestic content requirements, noting that domestic cell and wafer capacity remains limited.</p>
<p>Anza further recommended that developers review contracts for potential retroactive tariff and stockpiling exposure and seek written commitments from suppliers to absorb those risks where possible.</p>
<p>To prevent companies from stockpiling products ahead of the December 4 deadline, the U.S. Department of Commerce has temporarily introduced <a href="https://www.mercomindia.com/us-moves-to-curb-polysilicon-stockpiling-ahead-of-new-tariffs" target="_blank" rel="noopener">restrictions</a> and monitoring requirements on imports of polysilicon and its derivatives. The rule will be in effect from September 22 through December 3, 2026.</p>
<p>The Department of Commerce said that trade data from the week after the publication of the proclamation showed dramatic increases in polysilicon imports from some importers of record compared to their historical weekly average import volumes.</p>


US Solar Module Prices Jump Over 40% After Section 232 Measures


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					</table><p>The solar and energy storage markets in the U.S. have entered a phase of uncertainty in the first quarter (Q1) of 2026, as several policy developments began directly influencing pricing, procurement strategies, and supply chains, according to <a href="https://www.anzarenewables.com/" target="_blank" rel="noopener">Anza’s</a> Q1 2026 Quarterly Pricing, Foreign Entity of Concern (FEOC) Compliance, and Domestic Content Report.</p>
<p><strong>Solar Module Prices Remain Flat</strong></p>
<p>Solar module prices remained largely flat at around $0.285/W. Imported modules held steady at $0.265/W, reflecting continued global overcapacity, but domestically linked products saw sharp price increases.</p>
<p>Mono PERC modules recorded a 20% surge to $0.33/W, overtaking TOPCon pricing for the first time. This shift is attributed to strong demand for domestically manufactured modules ahead of the July 3, 2026, Investment Tax Credit (ITC) Safe Harbor deadline.</p>
<p>In contrast, TOPCon prices remained stable at $0.28/W, while HJT modules hovered near $0.385/W.</p>
<p><a href="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/04/Anza-report-2.png"><img loading="lazy" decoding="async" class="aligncenter wp-image-92995 size-full" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/04/Anza-report-2.png" alt="Anza report 2" width="809" height="454" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/04/Anza-report-2.png 809w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/04/Anza-report-2-300x168.png 300w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/04/Anza-report-2-768x431.png 768w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/04/Anza-report-2-650x365.png 650w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/04/Anza-report-2-624x350.png 624w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/04/Anza-report-2-600x337.png 600w" sizes="auto, (max-width: 809px) 100vw, 809px" /></a></p>
<p>In November, the market looked normal, with Mono PERC at $0.275/W, TOPCon at $0.285/W, and HJT at $0.39/W. By February, it changed dramatically, with PERC at $0.33/W (+20%), TOPCon at $0.28/W (-2%), and HJT at $0.385/W (-2%).</p>
<p><strong>Domestic Manufacturing </strong></p>
<p>The report highlights a widening pricing gap between domestic and international supply chains. U.S.-made solar cells reached $0.49/W, while modules assembled domestically using imported cells rose to $0.325/W. Fully imported modules, however, remained flat.</p>
<p>This divergence reflects growing demand for domestic content to qualify for incentives, even as supply remains constrained.</p>
<p>Anza expects further expansion in domestic manufacturing, with three additional U.S. cell suppliers likely to come online by end-2026, taking the total to 15.</p>
<p><strong>Policy Actions Increase Market Uncertainty</strong></p>
<p>The quarter was marked by multiple policy developments, including a Section 337 investigation into TOPCon imports.</p>
<p>On March 26, 2026, the U.S. International Trade Commission <a href="https://www.mercomindia.com/usitc-opens-probe-into-topcon-solar-imports-for-patent-infringement" target="_blank" rel="noopener">voted</a> to institute an investigation into imports of TOPCon cells and modules. Petitioner First Solar has alleged patent infringement by multiple manufacturers and seeks a general exclusion order and cease-and-desist orders.</p>
<p>Another decision that <a href="https://www.mercomindia.com/us-hits-indian-solar-cells-with-126-preliminary-countervailing-duties" target="_blank" rel="noopener">affected</a> the market was the imposition of high anti-dumping and countervailing duties on imports from India, Indonesia, and Laos, with preliminary rates ranging from 80% to 143%.</p>
<p>Also, increased enforcement under the Uyghur Forced Labor Prevention Act and evolving Section 301 actions could further disrupt supply chains and increase costs.</p>
<p><strong>FEOC Clarity Expands Supply</strong></p>
<p>A key regulatory development in Q1 2026 was the updated Internal Revenue Service (IRS) guidance on FEOC compliance.</p>
<p>In Q1, the updated IRS guidance clarified core FEOC requirements. It confirmed that taxpayers can rely on existing Safe Harbor tables and supplier certifications, and that compliance at the solar cell level alone is sufficient to qualify as FEOC-compliant. While these changes broaden eligible options, tax equity investors are likely to continue applying more stringent verification standards in practice.</p>
<p>Currently, 78 out of 230 solar modules tracked by Anza met FEOC requirements.</p>
<p><strong>Energy Storage </strong></p>
<p>The downward trend in the battery energy storage system pricing observed in the latter half of 2025 carried into Q1 2026.</p>
<p>Prices for utility-scale systems continued to decline significantly, while distributed generation (DG)-scale systems have largely stabilized, indicating a floor price in that segment.<a href="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/04/Anza-report-4.png"><img loading="lazy" decoding="async" class="aligncenter wp-image-92996 size-full" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/04/Anza-report-4.png" alt="Anza report 4" width="573" height="370" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/04/Anza-report-4.png 573w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/04/Anza-report-4-300x194.png 300w" sizes="auto, (max-width: 573px) 100vw, 573px" /></a></p>
<p>In the energy storage segment, utility-scale battery systems continued to decline, with AC wrap prices falling to around $177-178/kWh and self-integrated systems to $145/kWh, marking declines of up to 20% from 2025 peaks.</p>
<p>However, DG-scale systems stabilized, with prices near $203/kWh, suggesting a potential floor price as suppliers prioritize larger projects.</p>
<p><strong>Storage Faces Policy Risks </strong></p>
<p>Despite recent cost reductions, the storage sector faces mounting policy risks. Tariffs on active anode materials could add $8-$15/kWh, while China’s reduction in VAT export rebates is expected to increase costs by 3% in 2026 and by a further 3% in 2027.</p>
<p>Potential restrictions on Chinese inverters and new Section 232 investigations into batteries and grid equipment could further tighten supply and increase prices.</p>
<p>FEOC compliance in storage remains more challenging than in solar, with only 40% of products classified as low risk and over half as high risk.</p>
<p>At the same time, domestic manufacturing is scaling rapidly, with the number of U.S.-based battery cell suppliers expected to more than double from 6 in 2026 to 13 by 2027, improving long-term supply prospects.</p>
<p><strong>Outlook for 2026</strong></p>
<p>Key developments to watch in 2026 include the Section 232 polysilicon decision and the outcome of the TOPCon investigation, both of which could reshape pricing dynamics.</p>
<p>With the Safe Harbor deadline approaching, buyers are accelerating procurement decisions, particularly for domestic sourcing, while facing an uncertain future amid a changing tariff regime, compliance requirements, and supply chain risks.</p>
<p>The U.S. solar industry <a href="https://www.mercomindia.com/us-solar-industry-sees-14-yoy-decline-in-2025-with-43-2-gw-installed" target="_blank" rel="noopener">added</a> 43.2 GW of new capacity in 2025, a 14% decline from 2024, according to the U.S. Solar Market Insight 2025 Year in Review report released by Wood Mackenzie and the Solar Energy Industries Association. Even with the annual decline, solar remained the dominant source of new electricity generation, accounting for 54% of all new electricity-generating capacity added to the U.S. grid during the year.</p>


US Energy Storage Costs Fall While Solar Market Suffers Under Policy Pressure

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