Domestic solar cell mandate delayed: Boost for renewable energy growth, test for regulators
The revised timeline for the implementation of the Approved List of Models and Manufacturers for Solar Cells (ALMM-II) offers temporary relief to solar developers amid persistent domestic cell supply constraints. However, it also introduces fresh regulatory challenges, particularly around tariff renegotiations for recently awarded projects, according to analysts at CareEdge Ratings.
Prime minister Narendra Modi unveils vision for energy self-reliance on 79th Independence Day
On the occasion of India’s 79th Independence Day, Prime Minister Narendra Modi unveiled India’s roadmap to energy self-reliance, highlighting key milestones in solar energy and green hydrogen.
PNC Infratech receives LoA from NHPC for 300 MW solar-plus-storage project
PNC Infratech has received a Letter of Award (LoA) from NHPC for the development of a 300 MW interstate transmission system (ISTS)-connected solar power project, integrated with a 150 MW/600 MWh energy storage system.
Mitsubishi, Evhacs launch world’s first integrated heat pump, EV charger
The integrated system is claimed to efficiently provide dynamic load balancing, while supporting demand-side management and future smart grid applications. The heat pump technology comes from Mitsubishi’s Ecodan, Mr. Slim, and M heat pump series, which Evhacs modified for integration with the EV charger.
Jakson Green wins SECI’s 6th green ammonia auction at record-low price of INR 50.75/kg
Jakson Green has emerged as the successful bidder in Solar Energy Corp. of India’s (SECI) 6th green ammonia auction, securing a capacity of 85,000 tonnes per annum (tpa) at a record-low price of INR 50.75 per kg.
Redington partners Websol Energy System to launch residential solar kits
Redington has partnered with Websol Energy System to introduce bundled solar kits for homes and small businesses, each containing high-efficiency Websol modules, inverters, and all essential Balance of System (BoS) accessories. The kits are available in sizes from 2 kW to 10 kW.
ReNew reports 13-fold jump in Q1 net profit
ReNew Energy Global has reported a net profit of INR 5,131 million for the first quarter of fiscal year 2026 (Q1 FY26), marking a 13-fold increase from INR 394 million in Q1 FY25. A significant portion of the profit—INR 3,562 million—was contributed by external sales from the company’s solar module and cell manufacturing business.
Redefining Smart Cities: The transformative role of solar energy in urban grid evolution
The economics of solar have evolved significantly. With declining panel costs and robust government support—through schemes like the PM Surya Ghar Muft Bijli Yojana and PM-KUSUM—solar is now a financially viable solution for municipalities and citizens alike.
Juniper Green Energy raises INR 1,739 crore in debt financing from IREDA
The funding will support the execution of large-scale renewable energy projects by the company and its subsidiaries, further strengthening its operational capacity.
NTPC Renewable Energy tenders EPC for 300 MW solar project in Goa
NTPC Renewable Energy Ltd (NTPC REL) has invited bids for an engineering, procurement, and construction (EPC) package, including land acquisition, for the development of a 300 MW grid-connected solar photovoltaic (PV) project anywhere in the state of Goa. Bidding closes on Aug. 26.
