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Extreme Weather Exposes Hidden Risks in Rooftop Solar Module Design: In-Depth Analysis

Recent extreme weather events in Rajasthan and other parts of the country have raised concerns about the structural durability of rooftop solar installations, with industry experts citing aluminum frames used in solar modules as a...

June 4, 2026

Mercom Research Focus

Q1 2026 Sees Broad Cost Increases for Solar Projects Using Chinese Modules

The average system cost of large-scale solar projects showed mixed trends across module technologies during Q1 2026, with Chinese module-based projects recording cost increases, while several Indian and DCR-based configurations re...

June 3, 2026

Mercom Research Focus

Developers, EPC Players Wary as MNRE Sticks to ALMM Solar Cells Mandate

The Ministry of New and Renewable Energy’s (MNRE) decision not to grant a blanket extension of the Approved List of Models and Manufacturers (ALMM) List-II deadline beyond June 1, 2026, has reinforced regulatory certainty for Indi...

June 2, 2026

Markets & Policy

MNRE Asks Solar Cell, Module Manufacturers to Submit Monthly Price Data

The Ministry of New and Renewable Energy (MNRE) has asked all manufacturers on the Approved List of Models and Manufacturers (ALMM) to submit monthly price ranges for domestically manufactured solar cells and modules. MNRE said it...

June 3, 2026

Latest News

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Sabanci Renewables Secures $533 Million for Texas Solar Projects

Sabanci Renewables, a renewable energy project developer, has secured $533 million in financing for two solar projects in Texas, totaling 286 MW. The financing includes $382 million in project financing and $151 million in tax equity financing for...

June 4, 2026

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TCIL Seeks Consortium Partner for 31.2 MW Solar Projects Across Ghana

Telecommunications Consultants India (TCIL) has invited expressions of interest (EOI) to select a pre-bid consortium or backend partner to supply, deliver, and install 645 solar systems, with a cumulative capacity of 31,210 kW at public facilities...

June 4, 2026

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Rajasthan Treats GST Rate Cut on Clean Energy Equipment as Change-in-Law Event

The Rajasthan Electricity Regulatory Commission (RERC) has held that the reduction in goods and services tax (GST) on renewable energy devices and parts from 12% to 5% will be treated as a change-in-law event under power purchase agreements (PPAs)...

June 4, 2026

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Tamil Nadu’s SLDC Rules Maintain Must-Run Status for Renewables

The Tamil Nadu Electricity Regulatory Commission (TNERC) has issued the State Load Dispatch Center (SLDC) Functions and Accountability Regulations, 2026, mandating  renewable energy generating stations, nuclear power stations, and run-of-river hydro...

June 4, 2026

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Maxwell Power Secures $750 Million Investment from Fairtide Partners

Maxwell Power, formerly known as HDM Renewable Finance, a company that provides financing for residential solar and battery storage systems, has announced that it has closed a $750 million investment commitment from Fairtide Partners to finance...

June 4, 2026

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Inox Clean Energy to Acquire Vena Energy’s 6 GW Renewables Portfolio

Inox Clean Energy, the renewables arm of INOXGFL group, has signed a definitive agreement to acquire Vena Energy India’s 6 GW renewable energy portfolio. Vena Energy India’s portfolio includes 1.2 GW of operational renewable energy assets, 1.8 GW of...

June 4, 2026

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Maharashtra Adopts Tariff for 2.5 GW Round-the-Clock Renewable Power Procurement

The Maharashtra Electricity Regulatory Commission (MERC) has approved the Maharashtra State Electricity Distribution Company’s (MSEDCL) proposal for long-term procurement of 2,500 MW of round-the-clock renewable energy. The Commission adopted...

June 4, 2026

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Energy Storage Startup VoltSeal Raises $1.5 Million in Pre-Seed Round

VoltSeal, a distributed battery storage company serving commercial and industrial consumers, has raised $1.5 million in a pre-seed funding round led by Theia Ventures. Rainmatter by Zerodha, Momentum Capital, Social Alpha, and angel investors also...

June 4, 2026

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NTPC Renewables Floats EPC Tender for 550 MW Solar Project in Rajasthan

NTPC Renewable Energy (NTPC REL) has issued an engineering, procurement, and construction (EPC) tender to set up a 550 MW grid-connected solar project near Shimbhoo Ka Bur in Rajasthan. Bids must be submitted by June 26, 2026. Bids will be opened on...

June 4, 2026

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India’s Solar Industry Shifting Focus to Timely Module Sourcing

Rising solar demand across India, driven by rooftop subsidies, clarity on open access, and commercial and industrial (C&I) adoption, is resulting in developers and engineering, procurement, and construction (EPC) contractors updating their...

June 4, 2026

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