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Standalone Solar Module Makers Seek 18-Month ALMM List-II Extension

The All India Solar Module Manufacturers (AISMM) has urged Union Minister for New and Renewable Energy (MNRE) Pralhad Joshi to provide an 18-month, output-linked transition for the mandatory use of solar cells listed under the App...

July 23, 2026

Energy Storage

Lithium Prices Drop as Suspended Mining Operations in China, Australia Restart

The lithium carbonate market has remained highly volatile this year amid expectations of stronger global supply of the key battery material. Lithium carbonate futures in China fell to CN¥144.11 (~$21.28) per kg on July 21, a decli...

July 23, 2026

Markets & Policy

Solar Module Manufacturers May Face Cell Supply Shortage for 6-7 Months: Interview

The rush to comply with the Approved List of Models and Manufacturers (ALMM) guidelines for solar modules and cells has sparked concerns among industry stakeholders about a potential mismatch between demand and supply and delayed ...

July 23, 2026

Energy Storage

Storage Market Could Become Bigger Than Solar and Wind Combined: Interview

As renewable energy penetration rises, battery storage is becoming critical for addressing the intermittency of solar and wind, managing curtailment, and supplying firm power to consumers. At the same time, transmission constraint...

July 23, 2026

Latest News

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Electricity Regulations Must Balance Accountability with Developer Flexibility: Interview

Stricter regulations and project oversight can discourage speculative developers, but they may also inadvertently affect genuine developers facing legitimate execution challenges that delay project timelines. According to Shri Venkatesh, Founding...

July 23, 2026

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Malaysia Launches 2.65 GW Solar Program with 1.25 GW Energy Storage

Malaysia’s Ministry of Energy Transition and Water Transformation (PETRA) has launched the sixth Large-Scale Solar (LSS6) program, offering 2,650 MW of solar capacity and 1,250 MW of battery storage capacity across three procurement packages. PETRA...

July 23, 2026

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Waaree Renewable Technologies’ Revenue Surges 53% in Q1 FY 2027

Waaree Renewable Technologies, the engineering, procurement, and construction (EPC) arm of the Waaree Group, reported consolidated revenue from operations of ₹9.24 billion (~$95.7 million) for the first quarter (Q1) of the financial year (FY) 2027,...

July 23, 2026

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PFC Consulting Invites Bids for Transmission System in Maharashtra

PFC Consulting has invited bids to establish an intrastate transmission system (InSTS) for the 400/220 kV Malegaon (Saundane) air-insulated substation (AIS) in the Nashik district of Maharashtra. The transmission scheme has been planned for the...

July 23, 2026

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Higher Electricity Sales Drive Adani Green’s Revenue Up 29% YoY in Q1 FY 2027

Adani Green Energy (AGEL) posted revenue of ₹42.80 billion (~$443.52 million) in the first quarter (Q1) of the financial year (FY) 2027, an increase of 29% year over year (YoY) from ₹33.12 billion (~$343.21 million). The company attributed the...

July 23, 2026

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Ather Energy Raises ₹13 Billion Through Qualified Institutional Placement

Electric two-wheeler manufacturer Ather Energy has raised approximately ₹13 billion (~$134.74 million) through a qualified institutional placement of equity shares. The company’s Fund Raise Committee approved the issue and allotment of 10,815,307...

July 23, 2026

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Maharashtra Regulator Orders MSEDCL to Clear Delayed Wind Payments

The Maharashtra Electricity Regulatory Commission (MERC) has directed Maharashtra State Electricity Distribution Company (MSEDCL) to pay ₹1.14 billion (~$11.84 million) for delayed payments to wind energy developers. It directed MSEDCL to pay Vena...

July 23, 2026

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