Tariffs, foreign content restrictions, and antidumping and countervailing duty investigations have reshaped the landscape for imports of solar components and manufactured products.
India installed 18 GW of solar power capacity in the first five months of FY 2026 and is on track to add over 45 GW during the fiscal year, according to a new report by SBICAPS.
ACME Solar Holdings Ltd has secured domestic funding of INR 1,100 crore from the State Bank of India (SBI) to refinance its 300 MW renewable energy project in Rajasthan.
The two parties have signed a joint investment framework agreement to develop, construct and operate 1.5 GW worth of solar-plus-storage projects in Malaysia over the next three to five years.
Larsen & Toubro has signed a Memorandum of Understanding with ACWA Power for engineering, procurement and construction of the renewables and grid infrastructure at the Yanbu Green Ammonia Project in Saudi Arabia.
With U.S. domestic steel mills booked solid through 2025, a sudden doubling of tariffs on imported steel has created a critical bottleneck for American industries. The move, which hits specialized Indian steel particularly hard, is now delaying projects for builders and renewable energy developers who rely on steady, affordable supply.
Prime Minister Narendra Modi recently inaugurated Avaada Group’s 280 MW solar power plant in Surendranagar district, Gujarat. The project features Avaada Electro’s ALMM-certified, Make-in-India TOPCon n-type bifacial solar PV modules. On the same occasion, the Prime Minister also laid the foundation stone for Avaada’s upcoming 100 MW solar project in Vadodara district.
In a new weekly update for pv magazine, Solcast, a DNV company, reports that solar irradiance fell by up to 30% in India’s northern regions during the southwest monsoon season, while central areas of the country made solar gains.
The gradual phase-out of ISTS charges waiver for solar and wind projects–75% for projects commissioned by June 30, 2026, 50% by June 30, 2027, and 25% by June 30, 2028, and zero thereafter–is bound to push up final price for end consumers. The shift could increase tariffs by INR 0.40–0.50 per unit
Serentica Renewables has signed a power purchase agreement (PPA) with the Solar Energy Corp. of India (SECI) for 100 MW of round-the-clock (RTC) renewable power. To ensure the RTC power supply, it will deploy a mix of wind and solar power capacities, backed with battery energy storage systems.
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