According to Mercom’s India Solar Market Leaderboard report, AM Green Energy was the leading open access solar developer in 2024. Serentica Renewables followed closely in second place, with Gentari (formerly Amplus Solar) ranked third. Fourth Partner Energy and Brookfield Renewable Partners took the fourth and fifth spots, respectively. The top five open access solar project installers accounted for 35.4% of the market share.

The Ministry of New and Renewable Energy updated the Approved List of Models and Manufacturers (ALMM) by adding 8,653 MW of solar module manufacturing capacity. The cumulative module manufacturing capacity has reached 87,973 MW after the latest additions. Premier Energies Global Environment (Premier Energies) (1,085 MW), Indosol Solar (472 MW), Pravanya Solar India (Luno Solar) (79 MW), Green Brilliance Renewable Energy LLP (32 MW), Nextbrio Industries (21 MW), and Amrut Energy (48 MW) were the new entries.

The Gujarat Electricity Regulatory Commission issued a detailed draft procedure for renewable energy projects seeking connectivity to the state’s grid. The procedure applies to multiple stakeholders, including applicants covered under Regulation (4) of the GERC Open Access Regulations 2011, developers of renewable energy projects with or without energy storage systems, standalone energy storage systems, and renewable energy parks.

REC Power Development and Consultancy invited bids to set up an interstate transmission system to integrate 3 GW of renewable energy at Ananthapuram-II Renewable Energy Zone (Phase-II) in Andhra Pradesh. The work must be completed within 24 months from the allocation date. Bids must be submitted by July 27, 2025. Bids will be opened on the same day. The scope of work includes the augmentation of the Ananthapuram-II pooling station with a 400/220 kV, 1×500 MVA interconnecting transformer, along with the provision of 220 kV and 400 kV line bays for the termination of dedicated transmission lines from renewable energy generation projects.

NTPC invited bids for two years comprehensive operation and maintenance (O&M) of 56.3 MW solar power projects at Kawas in Surat, Gujarat. The Kawas project includes a 31.25 MW ground-mounted and a 25 MW floating solar project. It also comprises a 52.5 kW rooftop solar system on the administrative building of NTPC’s Kawas gas power plant. The ground-mounted project is on 137 acres of land, and the floating project is on an 84-acre reservoir. Bids must be submitted by June 6, 2025. Bids will be opened on the same day.

The Indian Oil Corporation (IOCL) invited bids for the operations and maintenance (O&M) of 5 MW solar power project for three months at IOCL Rawra, Rajasthan. Bids must be submitted by May 30, 2025. Bids will be opened on May 31. The project’s defect liability is 12 months from the contract’s completion date. The O&M scope of work covers full preventive (scheduled) and breakdown maintenance to maximize electricity generation.

Maharashtra-based rooftop solar engineering, procurement, and construction services provider Roofsol Energy secured ₹2.1 billion (~$24.67 million) in funding from Aseem Infrastructure Finance. The funding will be used to develop 92.66 MWp of rooftop and group captive solar projects across multiple locations in India. This funding round follows Roofsol Energy’s earlier funding in October last year when the company raised ₹255 million (~$3.03 million) through its inaugural equity funding round.

The real-time market on the Indian Energy Exchange saw market clearing prices plunge to near-zero levels on Sunday due to a surge in power supply and a simultaneous dip in demand caused by unseasonal rains and thunderstorms. Prices began falling from the 06:30–06:45 time block and remained low until 12:45–13:00, with the market clearing price remaining at nearly ₹0/kWh between 09:00–13:00 hours. During this period, supply far outpaced demand, with sell bids routinely outweighing purchase bids by five times.

The U.S. Department of Commerce determined preliminary countervailing duties of up to 721% on imports of active anode material from China, which is crucial to battery manufacturing. The U.S. is conducting an anti-dumping investigation, along with investigations on countervailing duties. The final determinations for both investigations will be issued on November 13, 2025.

Gulf Cooperation Council countries increasingly rely on independent power producers to achieve their renewable energy goals. Dubai’s clean energy transition has recently taken a major step forward. The Emirate’s main utility, the Dubai Electricity and Water Authority (DEWA), revised the target capacity of its flagship solar project, the Mohammed Bin Rashid Al-Maktoum Solar Park, by 45%. Initially aiming for 5,000 MW by 2030, DEWA increased its target to 7,260 MW. Achieving this target would require an investment of AED50 billion (~$13.6 billion).