India added nearly 119 GW of solar modules and over 9 GW of solar cell capacity in 2025, according to Mercom India’s State of Solar PV Manufacturing in India 2026 report. The manufacturing expansion was driven by demand from India’s large utility-scale solar project pipeline, residential rooftop targets, the PM Surya Ghar program, and the Approved List of Models and Manufacturers (ALMM) List-II domestic cell mandate.

India’s battery energy storage market is entering a new phase of growth, but developers are increasingly facing a constraint that traditional project models have not fully captured: heat. In key renewable hubs such as Rajasthan and Gujarat, summer temperatures often exceed 40°C, reaching 48°C during peak periods. In some procurement frameworks, systems are now expected to perform at ambient conditions approaching 50°C.

The Ministry of New and Renewable Energy expanded the ALMM framework by introducing a seven-day cut-off window after the publication of the initial solar wafers list to determine project exemptions. The ALMM for solar wafers takes effect on June 1, 2028. Projects that submit bids before this defined cut-off date can avoid using ALMM-listed wafers, even if they are commissioned after the effective date.

India’s non-fossil energy sources reached 52.3% of the country’s total installed power capacity of 520.5 GW as of January 2026, while thermal power continues to account for around 70% of electricity generation, according to the Ministry of Power. Of the total installed capacity, 271,96 GW comes from non-fossil sources, including renewables and nuclear, compared to 248.54 GW from fossil fuels, Minister of Power Manohar Lal told Parliament.

The Punjab State Electricity Regulatory Commission proposed amendments to the Punjab State Electricity Regulatory Commission (Terms & Conditions for Intra-State Open Access) Regulations, 2011, to permit the carry-forward of banked energy for intrastate transmission system-connected green energy open access projects, including captive users.

Deendayal Port Authority invited bids to set up a metal hydride technology-based green hydrogen storage system with a capacity of at least 3 kg and fuel cell-based power generation of at least 4 kW at its port in Kandla, Gujarat. The last date to submit bids is April 6, 2026. Bids will be opened on the same day. The scope of work includes designing, supplying, installing, integrating, testing, and commissioning the project.

PFC Consulting invited bids to establish an interstate transmission system to evacuate 5,500 MW of renewable energy from the Jam Khambhaliya Renewable Energy Zone (Phase II) and 1,000 MW from Jamnagar (Phase I). Together, the system is expected to support the integration of around 6.5 GW of renewable energy capacity in the Dwarka–Jamnagar area. The last date to submit the bids is May 15, 2026. Bids will be opened on the same day.

Solar engineering, procurement, and construction company Solarium Green Energy commissioned a fully automated 1 GW solar module manufacturing facility in Ahmedabad, Gujarat. The facility will manufacture up to 725 Wp large-format crystalline silicon G12 solar modules using TOPCon cells and half-cut cells. The plant will also manufacture bifacial modules.

UltraTech Cement, an Aditya Birla Group company, signed an energy supply agreement and a share subscription & shareholders’ agreement to procure power from Sunsure Solarpark Seven’s 60 MW captive solar project integrated with a battery energy storage system in Uttar Pradesh. UltraTech Cement will invest ₹192 million (~$2.07 million) to secure 26.18% stake in the special purpose vehicle of Sunsure Energy.

Global investment firm KKR will invest up to $310 million (~₹28.63 billion) and form a partnership with electric bus (e-bus) platform Allfleet and e-bus manufacturer PMI Electro. The investment will enable KKR to acquire a majority stake in Allfleet and a minority stake in PMI Electro. The transaction is expected to be completed in mid- 2026.

Waaree Energies received a request for arbitration from Enel Green Power Development over a dispute arising from a share purchase agreement in 2025, under which Waaree had agreed to acquire the entire share capital of Enel Green Power India. The arbitration has been filed with the International Court of Arbitration of the International Chamber of Commerce, London.

Mumbai-based solar components manufacturer RenewSys commissioned a 3 GW solar module manufacturing facility at IndoSpace Industrial Park in Khopoli, Maharashtra. The facility has been designed to support high-volume module production, featuring AI-enabled automated production lines, advanced quality control systems, and logistics integration, with scope for future scalability.

Clean energy solutions provider Clean Max Enviro Energy Solutions reported a total income of ₹4.66 billion (~$50.45 million) in the third quarter of the financial year 2026, up 13.9% year-over-year (YoY) from ₹4.09 billion (~$44.28 million). Earnings before interest, taxes, depreciation, and amortization for the quarter stood at ₹3.07 billion (~$33.24 million), increasing 39.6% YoY from ₹2.20 billion (~$23.81 million).