MENA Weekly Round-Up: Oman Plans Four 1 GW Solar Projects

Vikram Solar Commissions Module Manufacturing Plant at Gangaikondan

Vena Energy Secures $965 Million for Solar and Storage Projects

Nexamp Secures $106 Million Financing for Community Solar Projects

CEA Notifies Technical Construction Standards for Renewable Energy Projects

SAIL Invites Bids for 4 MW Rooftop Solar Project in West Bengal

Solar Wafer Manufacturer TCL Zhonghuan Acquires DAS Solar

Delhi’s Gobind Sadan Gurdwara Installs 100 kW Rooftop Solar System

Night-Time Solar Generation Loss Not Shutdown, Rules APTEL

MNRE Clarifies ALMM Cell Requirement for Government Rooftop Solar Projects


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					</table><p>Mercom India will host the sixth edition of its flagship <a href="https://www.mercomindia.com/event/mercom-india-renewables-summit-2026/agenda" target="_blank" rel="noopener">Mercom India Renewables Summit</a> on July 1 and 2, 2026, at the Hyatt Regency in New Delhi.</p>
<p>A major event on India’s renewable energy calendar, the Summit will convene industry leaders, policymakers, investors, developers, manufacturers, and technology providers to share insights and discuss the next phase of the country’s clean energy transition.</p>
<p>High-level <a href="https://www.mercomindia.com/event/mercom-india-renewables-summit-2026/agenda" target="_blank" rel="noopener">panel discussions</a> will focus on recent and upcoming policy developments, and the current challenges across key segments, including solar, wind, energy storage, green hydrogen, transmission, and clean energy manufacturing.</p>
<p>One of the highlights of this year’s event will be a panel discussion on how to overcome the skilled workforce shortage in India’s renewable energy manufacturing ecosystem</p>
<p>India’s rapid expansion of solar manufacturing is highlighting a growing mismatch between academic training and industry needs, leading to a shortage of skilled workers.</p>
<p>The industry has been pointing out how the skills gap is affecting project costs, timelines, and productivity, while challenges such as inadequate infrastructure, limited faculty exposure, and weak industry-academia integration are prompting institutions to rethink how engineers are trained for manufacturing-focused roles.</p>
<p>These issues will be discussed during the session titled ‘Bridging the Renewable Energy Talent Gap: Aligning Academia with Industry Needs’ to be held on July 2 (Day 2 of the Event) at 12:30 PM.</p>
<p>It will focus on workforce readiness, industry requirements, and the role of academic institutions in supporting the growth of the renewable energy sector.</p>
<p>The session will feature Raj Prabhu, Chief Executive Officer and Co-founder of Mercom Capital Group; Sishir Garemella, Head of International Business Development at <a href="https://scorecard.pvel.com/" target="_blank" rel="noopener">Kiwa PVEL</a>; Professor Juzer M Vasi, Professor Emeritus, Department of Electrical Engineering and <a href="https://www.ncpre.iitb.ac.in/ncpre/" target="_blank" rel="noopener">NCPRE</a> at <a href="https://www.iitb.ac.in/" target="_blank" rel="noopener">IIT Bombay</a>, and Avinash Hiranandani, Vice Chairman and Managing Director at <a href="https://www.renewsysworld.com/" target="_blank" rel="noopener">RenewSys India</a>.</p>
<p>The panel will discuss the lack of training in installation, equipment handling, and system troubleshooting, essential for workforce readiness, and identify practical solutions for aligning curriculum, technical training, internships, and industry partnerships with the evolving needs of India’s clean energy sector.</p>
<p>The two-day Summit will offer a platform to evaluate progress toward these goals and deliberate on the policy, regulatory, financial, and technological changes needed to support the sector’s next phase of growth.</p>
<p><a href="https://www.mercomindia.com/event/mercom-india-renewables-summit-2026/register" target="_blank" rel="noopener">Register</a> now to attend the event and help shape the future of India’s renewable energy sector.</p>


India’s Solar Growth Hinges on Bridging Industry-Academia Skills Gap


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					</table><p>As India&#8217;s clean energy sector enters its next phase of growth, capital markets are emerging as a critical source of financing. Renewable energy developers, EPC companies, manufacturers, and other industry participants are increasingly tapping public markets to fund expansion, manufacturing capacity, and large-scale project development.</p>
<p>While public markets have emerged as an important source of capital, clean energy companies are also seeing greater access to financing from government-owned and private financial institutions. As investor confidence in the sector grows, lenders are increasingly backing renewable energy projects, manufacturing facilities, and infrastructure investments. The expanding pool of debt and equity capital is playing a critical role in supporting India&#8217;s clean energy transition.</p>
<p>Clean energy financing will be one of the key themes of discussion at the Mercom India Renewables Summit, to be <a href="https://www.mercomindia.com/event/mercom-india-renewables-summit-2026" target="_blank" rel="noopener">held</a> on July 1 and 2, 2026, at the Hyatt Regency in New Delhi. A panel discussion titled ‘<strong>Public Markets and Private Capital: Funding the Clean Energy Scale-Up’</strong> will be held as part of the Summit on July 2 (Day 2 of the Event) at 4:20 PM. The session will feature Joshit Ranjan Sikidar, Director (Finance) at <a href="https://www.seci.co.in/" target="_blank" rel="noopener">Solar Energy Corporation of India</a>, Sridhar Narayan, Founder/Managing Partner, South Asia at <a href="https://gefcapital.com/" target="_blank" rel="noopener">GEF Capital Partners</a>; Sumit Kishore, Managing Director, Institutional Equities Business at <a href="https://www.axiscapital.co.in/" target="_blank" rel="noopener">Axis Capital</a>; and Akhil Jain, Partner at <a href="https://www.fullertonfund.com/" target="_blank" rel="noopener">Fullerton Fund Management</a>.</p>
<p>This session will cover how investment trends and valuations across the renewable energy sector are being influenced by green initial public offerings (IPOs), strategic equity raises, infrastructure funds, and sovereign capital.</p>
<p>This session will explore how green IPOs, strategic equity raises, infrastructure funds, sovereign capital, and other financing mechanisms are shaping investment trends and valuations across the renewable energy sector.</p>
<p>Panelists will discuss investor expectations, risk perception, balance sheet discipline, regulatory certainty, and capital structuring, while examining how renewable energy companies can attract and deploy long-term, cost-competitive capital to support growth.</p>
<p>Mercom India&#8217;s flagship annual event brings together industry leaders, investors, and policymakers to discuss the trends, opportunities, and challenges shaping India&#8217;s clean energy transition. Through data-driven discussions and industry insights, participants will gain a deeper understanding of the forces influencing renewable energy deployment, investment, and market development.</p>
<p>For the first time, the Summit will feature dedicated workshops and focused discussions addressing practical challenges across manufacturing, workforce development, project procurement, and financing.</p>
<p>The 2026 Summit will also feature the sixth Mercom India Awards and the Renewable Energy Exhibition.</p>
<p><a href="https://www.mercomindia.com/event/mercom-india-renewables-summit-2026/register" target="_blank" rel="noopener">Register</a> now to attend the event and help shape the future of India’s renewable energy sector.</p>


Capital Markets, IPOs, and the Next Wave of Renewable Energy Growth

<p>Researchers at the Solar Energy Research Institute of Singapore (<a href="http://www.seris.nus.edu.sg/" target="_blank" rel="noopener noreferrer">SERIS</a>) have claimed that bifacial solar modules that track the sun produced 35% more energy than regular modules and could help achieve some of the lowest Levelized Costs of Electricity (LCOE) in the world.</p>
<p>Solar trackers typically position the solar modules to align with the sun as it moves through the day so that more sunlight/energy is absorbed,which can be converted into power. There are two kinds of trackers single-axis trackers that track the sun over the day around one axis and dual-axis trackers, which can rotate around two axes simultaneously.</p>
<p>The researchers tried different combinations of trackers and solar modules to determine which one was the most cost and energy-efficient. They found that a combination of bifacial solar panels with a single-axis tracker would reduce the LCOE the most – by around 16%.</p>
<p>This LCOE was among the lowest in the world, with projected costs lower than 93.1% of the total land area in the world. Similar installations, but with monofacial modules, were only able to achieve the lowest LCOE in only 3.1% of the world&#8217;s land area.</p>
<p>The researchers said they arrived at these results after estimating the irradiance, reaching both the front and rear surfaces of the modules to estimate their energy production. Then, the overall system cost during their 25-year lifetime was factored in to obtain the LCOE.</p>
<p>However, despite being able to achieve the highest energy generation figures, these tracking solar modules are still too expensive and are hence, not cost-effective, according to the paper published in the Joule Journal.</p>
<p>Recently, scientists at St. Petersburg University in Russia <a href="https://mercomindia.com/scientists-propose-technology-reduce-cost-high-efficiency-solar-cells/" target="_blank" rel="noopener noreferrer">tested</a> a new technology for the fabrication of high-efficiency solar cells based on A3B5 semiconductors integrated on a silicon substrate.</p>
<p>Previously, a team of researchers at the Germany-based organization, Fraunhofer Center for Silicon Photovoltaics CSP, <a href="https://mercomindia.com/solar-modules-facades-deliver-energy-wall-mounted/" target="_blank" rel="noopener noreferrer">discovered</a> that photovoltaic elements on building facades could be useful to supplement the power supply.</p>
<p>Image credit: Nextracker</p>


Tracking Bifacial Solar Modules Can Produce 35% More Energy: Report

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