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Maharashtra’s C&I Solar Market Shifts Toward Demand Matching

Maharashtra’s evolving renewable energy regulations have shifted the commercial and industrial (C&I) solar market from maximizing solar generation to optimizing when and how renewable energy is consumed. Developers say p...

July 8, 2026

Manufacturing

Policy Certainty, Quality Norms Key to India’s Solar BoM, BoS Manufacturing

India must strengthen its domestic bill-of-materials (BoM) and balance-of-system (BoS) manufacturing ecosystem to capture more value across the solar supply chain, panelists said at the Mercom India Renewables Summit 2026. At the ...

July 6, 2026

Manufacturing

Manufacturers Expect Solar Cell Crunch to Not Last Beyond a Year

The renewable energy industry believes there will be a shortage of solar cells over the next 12 months due to the ALMM List-II mandate, but strong domestic demand, policy support, and increasing backward integration will help stab...

July 8, 2026

Manufacturing

Skilling, R&D, Cost Competitiveness Key to India’s Solar Cell Manufacturing Growth

India’s solar cell manufacturing industry is entering a decisive phase as the domestic market adjusts to the implementation of the Approved List of Models and Manufacturers (ALMM) List-II mandate. Industry leaders said India’s suc...

July 7, 2026

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CEA Drafts Grid Connectivity Standards for Renewables, Energy Storage

The Central Electricity Authority (CEA) has issued the draft Central Electricity Authority (Technical Standards for Connectivity to the Grid) Regulations, 2026, to strengthen technical requirements for grid connectivity and compliance. The draft...

July 8, 2026

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SBI Proposes Raising Loan Limits for Renewables Under Priority Sector Lending

The State Bank of India (SBI) has proposed that the limit for lending to renewable energy entities under priority sector lending should be increased from ₹350 million (~$3.67 million) to ₹1 billion (~$10.5 million). The public sector lender has also...

July 8, 2026

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Maharashtra Tenders 59 MW Floating Solar Plus 59 MWh Battery Storage Project

The Maharashtra Krishna Valley Development Corporation (MKVDC), Pune, has invited expressions of interest (EoIs) for the development of a 59 MW floating solar project with a 29 MW/59 MWh battery storage system at the Ekrukh reservoir in the Solapur...

July 8, 2026

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Daily News Wrap-Up: Skilling, R&D to Drive Solar Cell Manufacturing Growth

India’s solar cell manufacturing industry is entering a decisive phase as the domestic market adjusts to the implementation of the Approved List of Models and Manufacturers (ALMM) List-II mandate. Industry leaders said India’s success under ALMM...

July 8, 2026

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POWERGRID Signs $493 Million Loan Agreement With JBIC

Power Grid Corporation of India (POWERGRID) has signed a loan agreement of up to ¥80 billion (~$493.5 million) with the Japan Bank for International Cooperation (JBIC). The financing includes a ¥48 billion (~$296 million) contribution from JBIC,...

July 8, 2026

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Project Finance Brief: Vena Energy Secures $965 Million Project Financing

From: Mercom Capital Group Vena Energy, an independent solar power producer, has secured approximately A$1.4 billion (~$965 million) in green financing facilities to support solar and battery storage assets across Australia. The facilities cover two...

July 8, 2026

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Funding and M&A Roundup: Eos Energy Secures $75 Million Equity Investment

From: Mercom Capital Group Eos Energy Enterprises, a zinc-based long-duration energy storage solutions provider, has announced a $75 million equity investment from Hudson Bay Capital Management to support its investment in Frontier Power USA (FPUSA),...

July 8, 2026

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