What’s moving in solar.

India’s renewable energy sector to attract over ₹20 lakh crore by 2030, says PM Modi

Calls for more investment in battery storage, solar-powered mobility and domestic manufacturing

Green energy push helped India avert deeper energy crisis: PM Modi

PM says India would have faced a far worse crisis without a decade of renewable investment, targets another 500 GW over 10-11 years

India’s renewable sector draws $67 billion in two years, says Pralhad Joshi

PM Surya Ghar scheme has recorded 65 lakh rooftop solar installations, with one lakh new installations being added every six days, the minister said

India emerges as a role model in renewable energy policy, targets $220 billion investment by 2030

An international analysis highlights India's effective policies and measures that mitigate investment risks in renewable energy. Moreover, the government supports foreign direct investment in the electricity sector to pr...

Gujarat Regulator Sets 1 MW Cap for Net Metering and Net Billing Projects

The Gujarat Electricity Regulatory Commission (GERC) has notified the Grid Interactive Distributed Renewable Energy Sources Regulations, 2026, and set the maximum project capacity for net metering and net billing project...

Terra Clean Floats EPC Tender for ISTS and InSTS-Connected Solar Projects

Terra Clean (TeCL), a wholly owned subsidiary of Indian Oil Corporation (IOCL), has invited bids for the empanelment of engineering, procurement, and construction (EPC) contractors for the design, engineering, supply, co...

Uttarakhand Eases Rooftop Solar Agreement Requirements Under PM Surya Ghar

The Uttarakhand Electricity Regulatory Commission (UERC) has allowed residential rooftop solar consumers under the PM Surya Ghar: Muft Bijli Yojana to execute net metering agreements digitally, eliminating the requiremen...

Central Power Regulator Approves Tariffs for 400 MW Solar Projects

The Central Electricity Regulatory Commission (CERC) has adopted tariffs for 400 MW of interstate transmission system (ISTS)-connected solar projects.The Commission approved a tariff of ₹2.54 (~$0.0268)/kWh for 50 MW of...

SECI issue Tender for RfS Document of Solar Power Developers for Setting up of 11.2 MW Grid-Connected Rooftop Solar PV Projects under RESCO Mode (RTSPV-Tranche-XIV)

Summary: — 1. Background & Project Structure 1.1 Client Organizations (13 Nos.) — Total ~11,159 kW The projects are spread across 13 Government organizations/institutes, grouped into 5 Projects: Category A Projects (Ce...

MoR issue Tender for Electrical Improvement works in West &amp East Colony at RWF using Solar Energy Installations

Summary: —- 1. Key Tender Facts (NIT Header) | Parameter | Detail | |—|—| | Name of Work | Electrical Improvement works in West & East Colony at RWF using Solar Energy Installations | | Bidding Type | Normal Tender | |...

ENGIE Commissions 450 MW Solar Projects in Rajasthan and Gujarat

French energy company ENGIE has commissioned two solar projects with a cumulative capacity of 450 MW in Rajasthan and Gujarat. The

Indian Green Energy Stocks Rally As Sensex Surges 1.7% On November 2

On November 2, 2026, the Indian stock market experienced a robust trading session, with benchmark indices rising due to strong buying in industrial and renewable energy stocks. The S&P BSE SENSEX gained 1.7%, led by nota...

RAYZON Solar to start production at 5.1 GW TOPCon cell facility in December, plans ingot-wafer manufacturing by 2028

The Gujarat-based solar manufacturer expects to start initial solar cell deliveries in the first quarter of 2027. It is also planning a 5.1 GW ingot casting and wafer slicing facility by 2028.

India's RE policies a role model for emerging economies: Analysis

India is actively seeking to attract $220 billion in investments to expand its renewable energy sector. The country aims to reach 500 GW of installed non-fossil fuel capacity by 2030, enhancing its manufacturing and ener...

Juniper Green Energy Reports Q2 FY27 Profit of ₹30.6 Crore as Revenue Surges 136%, Renewable Portfolio Expands

In Short : Juniper Green Energy reported a turnaround in its financial performance for Q2 FY27, posting a consolidated net profit of ₹30.59 crore compared with a loss of ₹18.40 crore in the corresponding quarter last yea...

Solex Energy Targets US Market for Global Expansion, Plans Solar Module and Cell Manufacturing Investments

In Short : Solex Energy is exploring the United States as its first international manufacturing destination, with plans to establish solar module and cell production facilities as part of its USD 1.5 billion investment r...

ACME Solar Signs 400 MW FDRE Power Purchase Agreement with NTPC at ₹4.37 per Unit

In Short : ACME Solar Holdings Limited, through its wholly owned subsidiary ACME Marigold Urja Private Limited, has signed a 400 MW Firm and Dispatchable Renewable Energy (FDRE) power purchase agreement with NTPC Limited...

Avaada Electro Secures MNRE Enlistment for 7.1 GW TOPCon Solar Cell Manufacturing Capacity in Maharashtra

In Short : Avaada Electro Limited, the solar manufacturing arm of Avaada Group, has secured government enlistment for 7,117 MW (7.1 GW) of N-type TOPCon solar cell manufacturing capacity at its Butibori facility in Mahar...

Sustainable and Inclusive Healthcare Infrastructure Through Green Hospital Design

In Short : The project aims to improve hospital efficiency, environmental sustainability, and healthcare accessibility through renewable energy integration, energy-efficient building systems, and inclusive patient facili...

CCI approves acquisition of 100% of the issued share capital of Solenergi Power (Target) by Aditya Birla Renewables Ltd (Acquirer)

In Short : The Competition Commission of India (CCI) has approved the proposed acquisition of 100% of the issued share capital of Solenergi Power by Aditya Birla Renewables Ltd. The transaction will give the acquirer com...

NTPC To Set Up India’s First 320 kW Ceramic Thermal Storage-Based Solar Project In Rajasthan

NTPC plans to establish India's first ceramic thermal energy storage-based concentrated solar power pilot project at Bhadla Solar Park, Rajasthan. This 320 kW project aims to generate electricity after sunset using store...

RERC Approves 1,300 MW Power Procurement from Himachal Pradesh At INR 16.62/kWh For Rajasthan

The Rajasthan Electricity Regulatory Commission has approved Rajasthan Urja Vikas and IT Services Limited's plan to procure 1,300 MW of electricity from Himachal Pradesh for the Rabi season to address increasing power de...

Juniper Green Energy’s Q2 Revenue More Than Doubles to ₹3.45 Billion

Independent renewable energy producer Juniper Green Energy reported a revenue from operations of ₹3.45 billion (~$36.35 million) in the second quarter (Q2) of the financial year (FY) 2027, a 136.2% year-over-year (YoY) i...

RenewSys signs 1.2 GW POE encapsulant and backsheet supply agreement with Kosol Energie

RenewSys India has signed an agreement with Gujarat-based solar module manufacturer Kosol Energie to supply CONSERV POE encapsulants and PRESERV backsheets for 1.2 GW of solar modules. The encapsulants and backsheets wil...

The Hydrogen Stream: Finnish researchers increase voltage in alkaline systems to cut costs by 10-15%

Recent developments across the global green hydrogen sector highlight growing efforts to improve production efficiency, reduce costs, strengthen international supply chains and accelerate investment in renewable hydrogen...

GERC Approves Tariffs For 450 MW/900 MWh Battery Storage Projects In Gujarat

The Gujarat Electricity Regulatory Commission (GERC) has adopted the tariffs discovered through a competitive bidding process for the development of a 450 MW / 900 MWh standalone Battery Energy Storage

GERC Extends e-Court System Tender Deadline to November 25, 2026 In Gujarat

The Gujarat Electricity Regulatory Commission has extended the bid submission deadline for its e-Court system project to November 25, 2026. This extension responds to bidder inquiries and allows additional preparation ti...

Solar module cos seek more time to comply with local sourcing

The Renewable Energy Manufacturers Association has highlighted a significant gap between module production capacity and cell supply.

Solarworld Acquires 50% Stake in 2.4 GW Solar Cell Manufacturing JV

Solarworld Energy Solutions has acquired a 50% equity stake in Rays Green Energy Manufacturing for ₹268.2 million (~$2.83 million) in the first

NTPC Green Energy’s Q2 Revenue Up 53% Amid Renewable Capacity Expansion

NTPC Green Energy (NGEL) reported revenue from operations of ₹9.38 billion (~$97.03 million) in the second quarter (Q2) of the financial year (FY) 2027, a 53.2% year-over-year (YoY) increase from ₹6.12 billion (~$63.33 m...

Karnataka Power Corporation Floats O&M Tender for Solar Project

Karnataka Power Corporation (KPCL) has invited bids for the operation and maintenance (O&M) of a Solar project at Shivanasamudram, Mandya District, for two years, extendable by one more year.

GERC Notifies 2026 Distributed Renewable Energy Regulations, Introduces Five Metering Options and BESS Requirements In Gujarat

The Gujarat Electricity Regulatory Commission has issued new regulations for grid-connected distributed renewable energy systems, replacing 2016 provisions. The regulations introduce various metering mechanisms, set batt...

Why solar system design will matter as much as solar capacity

A rooftop solar system that is well sized, well oriented, clear of shadow, placed on a sound roof and fitted with panels suited to the heat will serve its owner better than one that is large on paper alone. That is why d...

Daily News Wrap-Up: Solar Cell Capacity Under ALMM-II Rises to 45 GW

The Ministry of New and Renewable Energy added 7,063 MW of solar cell manufacturing capacity to the Approved List of Models and Manufacturers (ALMM) List-II, increasing the total enlisted capacity to 44.9 GW.

LEAPTING Crosses 10 GW Milestone in India as Solar Cleaning Robot Demand Grows

Solar cleaning robot manufacturer LEAPTING has crossed the 10 GW milestone in India, supplying more than 50,000 robots to solar developers and engineering, procurement, and construction (EPC) contractors.

First Solar Cuts 2026 Guidance as Q3 Revenue Falls 23% YoY

U.S.-based solar module manufacturer First Solar reported net sales of $1.23 billion in the third quarter (Q3) of 2026, a 22.8% year-over-year (YoY) decline from $1.59 billion. Revenue missed analysts’ expectations by $5...

From Rooftops to Utility-Scale Solar: HYXI Highlights Smart Energy Solutions at REI Expo 2026

HYXI showcased its diverse solar and energy storage solutions at the Renewable Energy India Expo 2026, promoting its vision of "Smarter Energy for All." The company displayed products across various market segments, incl...

Advait Energy Transitions reports 88.5% growth in Q2 FY27 profit as order book reaches INR 1,575 crore

Consolidated revenue increased 40.8% year-on-year to INR 221 crore in the September quarter. The company’s order book stood at INR 1,574.83 crore as of Sep. 30, 2026, representing 47% year-on-year growth, with power tran...

CIL Appoints Neopulse Energy As Owner’s Engineer For 80 MW 320 Mwh BESS Project In Odisha

Neopulse Energy Private Limited has been designated as Owner’s Engineer for Coal India's 80 MW / 320 MWh Battery Energy Storage System project in Odisha. They will offer technical support during all stages of the Enginee...

China polysilicon prices hold amid market standoff, spot-futures gap

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

First Solar cuts sales forecast as tariff uncertainty slows orders

First Solar reported third-quarter net sales of $1.23 billion and net income of $571 million, as the US thin-film manufacturer navigated customer uncertainty over Section 232 tariffs.

Avaada Electro Achieves 7.1 GW ALMM Enlistment for TOPCon Solar Cell Manufacturing Capacity in Maharashtra

NTPC Reports 25.71% Growth in H1 FY27 Consolidated PAT, Declares INR 3 Interim Dividend

NTPC Limited, India's largest integrated power generation company, reported strong financial results for Q2 and the first half of FY27, with standalone income rising 15.12% to ₹46,842 crore and PAT increasing by approxim...

PM to inaugurate Bharat Renewable Energy Summit & Expo 2026 on Monday

On November 2, Prime Minister Narendra Modi is set to launch the Bharat Renewable Energy Summit & Expo, expected to attract delegates from over 130 nations, including key ministers and industry chiefs. The event aims to...

REI Expo 2026 attracts over ₹3,200 cr investments for bioenergy: IBA

India's biogas and compressed biogas sector received investment commitments exceeding ₹3,200 crore at the Renewable Energy India Expo 2026 in Greater Noida.

Solex Energy eyeing US market for international debut; plans module, cell projects: Chairman

Solex Energy plans to invest $1.5 billion into building their solar module and cell manufacturing facilities in the US by 2030. Aiming to tap into the rising global appetite for clean energy, Solex seeks to provide a com...

Deye’s 125 kW Hybrid Inverter: Advancing Flexible Energy Storage for C&I Applications

As commercial and industrial (C&I) facilities increasingly adopt renewable energy and battery storage, the demand for flexible, efficient and scalable power solutions continues to grow. Addressing these requirements, Dey...

CCI clears Aditya Birla Renewables’ acquisition of Solenergi Power

The proposed transaction involves the acquisition of 100% of Solenergi Power’s issued share capital from Shell Overseas Investment B.V.

India’s clean energy leadership: Moving beyond megawatts

India's renewable energy landscape is rapidly evolving, with installations exceeding 300 GW. To ensure the sustainability of this growth, it is crucial to merge generation, storage, and transmission systems effectively....

Avaada Electro gets MNRE enlistment for 7.1 GW of TOPCon solar cell capacity

The company’s Butibori facility in Maharashtra has secured enlistment for 7,117 MW of N-type TOPCon cell capacity under the 13th revision of ALMM List-II, with a declared maximum cell efficiency of up to 26.8%.

ACME Solar signs 400 MW FDRE power pact with NTPC at ₹4.37 per unit

CERC-adopted tariff agreement takes the company’s PPA-locked under-construction portfolio to 4,710 MW, with the project requiring 4.5 hours of peak-hour supply daily.

Nuclear Fuel Complex issue Tender for Providing Polyethylene Glass Lining PEG lining in existing Solar Evaporation Ponds A and D at Zirconium Complex, Pazhayakayal, Tuticorin

Summary: — 1. Key Tender Parameters (At a Glance) | Parameter | Detail | |—|—| | Tender Type | Online item-rate e-tender, Two-Envelope (Techno-commercial + Financial) | | Portal | CPP Portal — https://eprocure.gov.in/ep...

Chennai Port Trust issue Tender for Selection of developer for DESFPITC, O&M of a grid connected 3 MW ac solar PV power plant integrated with a 1 MW 4 MWh BESS

Summary: — 1. Objects of the Tender (Business Purpose) The tender and resulting contract aim to achieve ChPA’s four Objects: | | Object | Business Implication | |—|—|—| | (a) | Reduce dependence on grid/Distribution Ut...

Asian Countries, Including India, Must Accelerate Transition to Renewable Energy

In Short : Asian countries, including India, need to accelerate their transition towards renewable energy to address rising electricity demand, reduce dependence on fossil fuels and strengthen long-term energy security....

Sunsure Energy Signs 21 MWp Group Captive Solar PPA With SPR Auto and SPR Takahata in Rajasthan

In Short : Sunsure Energy has signed a 21 MWp group captive Power Purchase Agreement (PPA) with SPR Auto and SPR Takahata in Rajasthan, enabling the companies to increase their procurement of renewable electricity. The a...

ENGIE Commissions 450 MW of Solar Projects in Rajasthan and Gujarat, Strengthening India’s Renewable Energy Capacity

In Short ; ENGIE has commissioned two solar power projects with a combined capacity of 450 MW in Rajasthan and Gujarat, strengthening its renewable energy portfolio in India. The projects comprise a 250 MW plant at Khaba...

Innovative Rooftop Solar Solutions Could Transform India’s Residential Clean Energy Landscape

In Short : India can accelerate residential rooftop solar adoption through innovative solutions such as plug-in solar systems, simplified registration, rental models, and solar-ready housing, according to emerging policy...

NTPC Green Energy Reports 59% Surge in Q2 Net Profit to ₹137.50 Crore on Strong Revenue Growth

In Short : NTPC Green Energy Limited (NGEL), the renewable energy arm of state-owned NTPC Limited, reported a 59.2% year-on-year increase in consolidated net profit to ₹137.50 crore for the second quarter of FY2026-27. T...

Rooftop Solar Adoption in Chennai: Nearly 12,800 Households Benefit Under PM Surya Ghar Scheme

Adyant Alpha Power Signs 110 MW Wind PPA With SJVN, Taking Datta Infra Group Portfolio Beyond 600 MW

Adyant Alpha Power Private Limited, part of Datta Infra Group, has signed a 110 MW Wind Power Purchase Agreement with SJVN Limited for a project in Karnataka. This agreement boosts Datta's cumulative power purchase agree...