India installed 27.3 GW of large-scale solar capacity in the first nine months (9M) of the calendar year 2026, up 21% year-over-year (YoY) compared to 22.5 GW, according to Mercom India Research’s newly released 9M and Q3 2026 India Solar Market Update Report. Utility-scale projects accounted for 70.9% of installations in 9M 2026, while rooftop solar contributed 29.1%.

The Ministry of Power proposed amendments to the tariff-based competitive bidding guidelines for solar, wind-solar hybrid, firm and dispatchable renewable energy, and battery energy storage system projects to incorporate domestic content requirements for energy storage systems.

The Odisha Electricity Regulatory Commission proposed regulations increasing the renewable purchase obligations to 43.33% and introducing an energy storage obligation of 4% by the financial year 2030.

PFC Consulting selected the winner of its auction to set up a 3×500 MVA, 400/220 kV substation, along with associated transmission lines, at Humnabad in Bidar district, Karnataka. The tender was issued in February 2026.

In an interview with Mercom India at the recently concluded Renewable Energy India Expo 2026, Aniket Sawant, Country Head at GoodWe India, discussed emerging trends in India’s inverter market, the growing importance of battery storage, technological developments, component supply challenges, and the company’s expansion plans.

Pune-based renewable fuels company Greenjoules raised ₹1.5 billion (~$16.01 million) in a Series B funding round co-led by Amazon’s Smbhav Venture Fund and Climate Pledge Fund.

The Saudi Power Procurement Company, Saudi Arabia’s principal power buyer, issued a request for qualification for solar and wind projects under the eighth round of the country’s National Renewable Energy Program.

Gopalan Fortune City Tech Park in Bengaluru installed a 200 kW rooftop solar system developed by Solar Hitech Solutions to reduce its dependence on grid electricity and lower operational costs. The project was commissioned in July this year.