The Ministry of New and Renewable Energy (MNRE) amended the guidelines for implementing the Model Solar Village under the PM Surya Ghar: Muft Bijli Yojana. This amendment focuses on eligibility and selection processes to ensure more practical and inclusive execution. The ministry issued operational guidelines to set up one model solar village in every district of the country last August. The eligibility criteria have been expanded. While the original rule mandated that a Model Solar Village be a revenue village with a population above 5,000 (and above 2,000 for Special Category States and UTs), the amendment now includes a provision for flexibility.

Coal India invited bids to set up an 875 MW solar power project at Rajasthan Rajya Vidyut Utpadan Nigam’s 2,000 MW Solar Park at Pugal. Bids must be submitted by August 12, 2025. Bids will be opened on August 13, 2025. The scope of work entails the design, engineering, procurement, erecting, testing, and commissioning of the solar project.  It also involves providing comprehensive operation and maintenance services for two years.

India aims to deploy 500 GW of non-fossil fuel-based energy capacity by 2030. While the country has made significant progress toward meeting this goal, it still faces challenges arising from policy and regulatory uncertainty, access to low-cost funding, transmission infrastructure constraints, and domestic manufacturing gaps. These issues will be discussed in depth at the fifth edition of the Mercom India Renewables Summit, set to take place on July 24-25, 2025, at the Hyatt Regency, New Delhi. A key session during the summit on July 24, titled “From Ambition to Action: India’s Clean Energy Roadmap and Strategies for 2030 and Beyond,” will discuss policy frameworks, investment needs, and technological advancements necessary to bridge the gap between current capacity and future targets, with the overarching net-zero target by 2070.

As the global shift toward clean energy accelerates, renewable energy companies are increasingly seeking alternative financing channels to drive their growth. Among the most prominent trends in this evolving landscape is the rising use of initial public offerings (IPOs) to raise capital. This topic will be discussed in depth at the fifth edition of the Mercom India Renewables Summit, set to take place on July 24-25, 2025, at the Hyatt Regency, New Delhi. Another session during the Summit on July 25, titled “Raising Capital for Renewable Energy Expansion,” will examine how companies are leveraging IPOs, green bonds, venture capital, and institutional financing to scale operations, with a focus on investor expectations, regulatory frameworks, and the evolving market landscape driving clean energy investment.

China added 152.5 GW of solar power capacity in the second quarter (Q2) of 2025, a 168.8% year-over-year (YoY) growth from 56.74 GW, according to the National Energy Administration. The country’s cumulative installed capacity reached 1.1 TW as of June 2025. Its solar installations for the first half (1H) of 2025 stood at 212.21 GW, a 107% YoY increase from 102.48 GW during the same period last year. Installations, however, dropped in June, with only 14.36 GW added. China added 51.39 GW of wind energy capacity in 1H 2025, and 25.78 GW of thermal capacity. The country did not add any nuclear power capacity during the quarter.

U.S.-based microinverter and battery storage supplier Enphase Energy reported a revenue of $363.2 million in Q2 of the financial year (FY) 2025, up from $303.5 million in Q2 FY 2024, a 19.6% increase. The company’s U.S. revenue increased by approximately 3% quarter-over-quarter, largely driven by seasonal demand. Enphase attributed the revenue growth to increased sales of its microinverters and battery shipments. Badri Kothandaraman, President and CEO at Enphase Energy, said, “We have completed inventory normalization in the U.S. and Europe in Q2.” He added that this clears the way for more predictable, real-time demand fulfillment moving forward.