Solar

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Uttar Pradesh Adopts ₹2.57/kWh Tariff for a 400 MW Solar Project in Rajasthan

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved a tariff of ₹2.57 (~$0.028)/kWh for procuring power from 400 MW of solar projects by Uttar...

February 6, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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PFC Acquires Majority Stake in REC, Board Greenlights Merger

Power Finance Corporation (PFC) has acquired 52.63% of the Government of India’s stake in REC Limited, making REC a subsidiary of PFC. The PFC Board took note of the...

February 6, 2026

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Rakesh Ranjan

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Finance and M&A

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Renewable Energy
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Himachal Pradesh Invites Bids for DPR of 3 MW Solar Plus 2 MW BESS Project

Himachal Pradesh State Electricity Board (HPSEBL) has invited bids to conduct a detailed survey and prepare a detailed project report (DPR) for a 3 MW ground-mounted...

February 6, 2026

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Melvin Mathew

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Solar

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Tenders & Auctions
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Solar Cell Capacity Under ALMM List-II Increases to 26 GW

The Ministry of New and Renewable Energy (MNRE) has issued the fourth revised Approved List of Models and Manufacturers List-II for solar cells, raising the total...

February 6, 2026

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Meghana Prasad

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Manufacturing

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Markets & Policy

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Solar
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Oil India Invites Bids for EPC of 100 MW Solar Projects

Oil India (OIL) has invited expressions of interest to enlist engineering, procurement, and construction (EPC) vendors to establish at least 100 MW of grid-connected...

February 6, 2026

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Parth Shukla

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Solar

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Tenders & Auctions
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Industry Opines Budget 2026 Marks a Focus Shift to Stable Renewables

The Union Budget 2026 has provided a new focus to India’s renewable energy strategy, moving from capacity addition to developing a sustainable, resilient domestic clean...

February 6, 2026

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Melvin Mathew

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Energy Storage

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Markets & Policy

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Solar
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NTPC REL Invites Bids for Modules for 400 MW Solar Project in Uttar Pradesh

NTPC Renewable Energy (NREL) has issued a tender for the supply of bifacial crystalline solar modules with a minimum rating of 570 Wp for a 400 MW solar project in...

February 6, 2026

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Parth Shukla

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Modules

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Solar

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Tenders & Auctions
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Saatvik Green’s Q3 Earnings Up on Higher Solar Module Demand

Haryana-based solar module manufacturer Saatvik Green Energy recorded a revenue of ₹12.57 billion (~$139.04 million) in the third quarter (Q3) of FY 2026, representing a...

February 5, 2026

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Melvin Mathew

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Finance and M&A

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Modules

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Solar
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Tata Power Reports Flat Q3 Profit Despite Strong Renewables Performance

Integrated power company Tata Power posted a profit of ₹11.94 billion (~$132.01 million) in the third quarter (Q3) of the financial year (FY) 2026, a slight increase of...

February 5, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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Saatvik Green Invests ₹2.51 Billion in Subsidiary’s 4 GW Solar Module Facility

Haryana-based solar module manufacturer Saatvik Green Energy has invested ₹2.51 billion (~$27.75 million) in a 4 GW solar module manufacturing facility in Odisha....

February 5, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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India’s Solar Power Generation Rises 22% YoY in 2025 on Project Commissioning Surge

Solar power generation in India rose nearly 22% year-over-year (YoY) to 164.5 billion units (BU) in 2025, up from 133.7 BU, according to data published by the Central...

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Strong Development and Construction Cut Scatec’s Loss by 72% in Q4 2026

Norway-based renewable energy solutions provider Scatec reported a revenue of NOK1.03 billion (~$106.3 million) in the fourth quarter (Q4) of 2025, declining 10.8%...

February 5, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A

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Solar
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Month in a Minute: Top Headlines from the Indian Renewable Sector in January 2026

The rapid increase in solar installations under Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) in Maharashtra is leading to developers facing...

February 4, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy
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KP Energy, Waaree, and Vena Energy Among Winners of SECI’s 1.2 GW Wind Auction

KP Energy, Ganeko Three Energy (an SPV of Zelestra), Waaree Forever Energies (a subsidiary of Waaree Energies), Opera Energy, Purvah Green Power, Vena Energy Aura (a...

February 4, 2026

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Rakesh Ranjan

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Tenders & Auctions

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Wind
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Punjab’s Draft Amendments Aim to Liberalize Rooftop Solar Framework

The Punjab State Electricity Regulatory Commission (PSERC) has issued the draft Punjab State Electricity Regulatory Commission (Grid Interactive Rooftop Solar Photo...

February 4, 2026

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Meghana Prasad

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Markets & Policy

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Rooftop

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Solar

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