The Ministry of New and Renewable Energy (MNRE) extended timelines for financial closure and commissioning of certain projects under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program, providing relief to stakeholders grappling with financing constraints. The extension applies to projects for which power purchase agreements have been signed or notices to proceed issued on or before December 31, 2025.

India’s micro, small, and medium enterprises (MSMEs) are increasingly turning to clean energy solutions such as rooftop solar, but access to finance remains a decisive factor shaping adoption. Bankers highlighted that while lending frameworks for such projects are evolving, borrowers must navigate interest-rate volatility, documentation requirements, and realistic project expectations to secure funding.

The Rajasthan Electricity Regulatory Commission directed all distribution companies (DISCOMs) in the state to prepare and submit comprehensive resource adequacy plans in accordance with the Central Government’s guidelines. The Commission has made compliance with the national resource adequacy framework mandatory on an interim basis until formal state regulations are notified.

The Rajasthan Electricity Regulatory Commission moved to align the state’s captive power framework with the Central Government’s newly notified Electricity (Amendment) Rules, 2026, setting the stage for a formal verification mechanism for captive users and power projects. The order follows the Central Government’s overhaul of Rule 3 of the Electricity Rules, 2005, which introduces revised definitions around captive users and ownership structures, and mandates a state-level system to verify captive status

The Telangana Electricity Regulatory Commission increased the power transmission tariffs, wheeling charges, and the State Load Despatch Center (SLDC) charges for FY 2026–27. The Commission increased the transmission tariff to ₹90.90 (~$0.9608)/kW/month for long- and medium-term users for FY 2027, from ₹68.64 (~$0.7255)/kW/month in the previous year.

The Rajasthan Electricity Regulatory Commission adopted the renewable consumption obligation (RCO) framework notified by the Ministry of Power (MoP). The Commission has adopted the provisions in the MoP’s notification in their entirety. These include the RCO targets, compliance framework, computation methodology, fungibility provisions, exclusions, and reporting formats.

Southern Railway invited bids to set up solar projects with a cumulative capacity of 40 MW at Chennai, Salem, and Tiruchirappalli divisions in Tamil Nadu. Bids must be submitted by May 4, 2026. The scope of work includes the design, engineering, procurement, civil works, installation, testing, and commissioning, along with the supply of power under a power purchase agreement.

The Punjab State Transmission Corporation invited bids for the installation of 2.702 MW of grid-connected rooftop solar projects, on the control rooms of its 400/220/132kV substations and the State Load Despatch Center building under the CAPEX model. The rooftop solar systems will be installed on 43 buildings in Patiala and Bhatinda, with a total capacity of 1.384 MW (Package I), and on 50 buildings in Amritsar, Ludhiana, and Jalandhar, with a total capacity of 1.318 MW (Package II).

Premier Energies Global Environment, a subsidiary of Premier Energies, commissioned a 5.6 GW G12 R TOPCon solar module manufacturing facility in Seetharampur, Ranga Reddy district, Telangana. With this commissioning, Premier’s total solar module manufacturing capacity stands at 11.1 GW. Premier said the facility can manufacture four G12R TOPCon modules every 16 seconds. The facility will incorporate AI-powered fault detection to identify and correct defects in real time.

Gujarat Fluorochemicals (GFL) announced that its subsidiary GFCL EV Products has raised approximately $80 million from an unnamed global investor, in addition to the $50 million previously secured from the International Finance Corporation. The total capital raised now stands at $130 million and will be deployed to scale manufacturing capacity for advanced battery materials, strengthen global supply chain integration, and support India’s energy transition objectives, including transport electrification and energy security.

Saatvik Solar Industries, a subsidiary of Saatvik Green Energy, won a ₹6.38 billion (~$67.35 million) order to supply G12 R TOPCon solar cells from a solar module manufacturer. The delivery of the modules is expected to be completed by March 2027. The company also received two orders aggregating ₹140 million (~$1.48 million) and ₹144.8 million (~$1.53 million) from two independent power producers/engineering, procurement, and construction companies.

Scientists at the University of California in the U.S. have developed a molecular system that can capture, store, and release solar energy without relying on conventional batteries or grid infrastructure, addressing a key limitation in renewable energy deployment. The research introduces a modified organic molecule, pyrimidone, that stores sunlight in chemical bonds and releases it as heat when required.