Government agencies issued tenders for 21 GW of renewable energy capacity and auctioned 12 GW in the third quarter (Q3) of 2026, according to Mercom India’s Q3 and 9M 2026 India Renewable Energy Procurement and Demand Report. Battery energy storage and hybrid projects together accounted for 45.2% of auctioned capacity

The Telangana Electricity Regulatory Commission increased the additional surcharge on eligible open access consumers from ₹0.13 (~$0.00137)/kWh to ₹0.82 (~$0.00865)/kWh, raising concerns about the cost competitiveness of third-party renewable energy procurement.

In an interview with Mercom India, Kayan Kalthia, Executive Director, Business Development at Kosol Energie, discussed how intelligent energy management software, energy arbitrage, and integration with renewable energy projects can improve battery storage economics.

The Gujarat Electricity Regulatory Commission rejected a petition seeking an extension of the commissioning deadline for a 4 MW solar project in Kheda district, Gujarat. The Commission found that the developer had failed to establish force majeure as the cause of the commissioning delay.

For textile businesses, electricity is a recurring operational expense. Kerala-based Radhas Textiles installed a 161 kW rooftop solar system at its facility in Punalur, Kerala, to reduce electricity costs.

NHPC invited bids to set up battery energy storage systems and supply solar-plus-battery storage power at the Jalaun Solar Park in Uttar Pradesh. Developed by Bundelkhand Saur Urja, the solar park has a total capacity of 1,200 MW. The bid submission deadline is December 12, 2026. Bids will be opened on December 16.

Clean energy company Candi Solar announced a $50 million financing partnership with Pentagreen Capital to develop 400 MW of solar and battery energy storage projects in India. The partnership aims to expand clean energy access for small and medium-sized enterprises.

Solar cell and module manufacturer Premier Energies reported revenue of ₹26.32 billion (~$278.25 million) in Q2 of the financial year (FY) 2027, a 43.3% year-over-year (YoY) increase from ₹18.37 billion (~$194.21 million).

Solar cell and module manufacturer Websol Energy System reported revenue from operations of ₹3.61 billion (~$38.16 million) in Q2 FY 2027, up 114.6% YoY from ₹1.68 billion (~$17.76 million).

U.S.-based lithium-ion energy storage solutions provider Flux Power reported revenue of $6.76 million in Q1 of FY 2027, down 48.7% YoY from $13.18 million. The decline was primarily attributed to reduced spending by a major customer and broader economic conditions, including higher interest rates and fuel prices.

More than 16% of new utility-scale solar capacity installed in the U.S. through September 2026 was paired with operational battery energy storage systems, compared with just 2% in 2017, according to the U.S. Energy Information Administration.