Oriana Power won Solar Energy Corporation of India’s auction to supply 60,000 tons per annum (TPA) of green ammonia under the Strategic Interventions for Green Hydrogen Transition program (Mode-2A-Tranche-I). The company quoted a tariff of ₹52.25 (~$0.59)/kg to win the auction. The green ammonia will be supplied to Madhya Bharat Agro Products in Sagar, Madhya Pradesh, for 10 years.  This is the third auction under the same tranche. The tender was initially floated in June 2024 and subsequently amended to increase the projects under its scope. The total available capacity under bidding increased to 739,000 TPA from 539,000 TPA.

India generated approximately 43 billion units (BU) of solar power in the second quarter of the calendar year 2025, a 19.2% year-over-year (YoY) increase. Solar generation was up by 2.5% quarter-over-quarter from 42.1 BU. Rajasthan, Gujarat, Tamil Nadu, Karnataka, and Maharashtra were the top states for solar power generation. Rajasthan continues to be the highest generating state with 15.9 BU, followed by Gujarat, Tamil Nadu, Karnataka, and Maharashtra with 5.9 BU, 4.7 BU, 4.1 BU, and 2.3 BU generated, respectively.

The Maharashtra Electricity Regulatory Commission released the Draft Deviation Settlement Mechanism and Related Matters Regulations, 2025, proposing significant changes to deviation accounting, scheduling, despatch, and financial settlements in the state’s power sector. These regulations will apply to all generating stations connected to the intrastate transmission and distribution system, including conventional power generators, solar and wind generating stations, bagasse/biomass-based cogeneration plants, captive generators, buyers, including distribution licensees and open access consumers, and all entities engaged in wheeling, banking, or self-consumption of electricity.

The Supreme Court of India directed the states to clear the pending dues of approximately ₹1.74 trillion (~$19.72 billion) owed to distribution companies within four years. New dues created after April 1, 2024, must be liquidated within three years. The Court directed the Appellate Tribunal for Electricity to register a suo motu case under Section 121 of the Electricity Act to monitor the liquidation of regulatory assets nationwide, and issue binding orders and directions to ensure compliance by state commissions.

The Singareni Collieries Company has invited bids for the engineering, procurement, and construction of rooftop solar projects with a cumulative capacity of 15 MW in Telangana. The projects will be implemented on the rooftops of residential colonies and office buildings. The scope of work includes the design, engineering, procurement, installation, testing, and commissioning of the solar projects. It also includes the operation and maintenance services for 10 years. The entire project must be completed within 120 days from the date of the letter of intent or purchase order.

The Uttar Pradesh Electricity Regulatory Commission approved the power sale agreement between Uttar Pradesh Power Corporation and NHPC for the procurement of 1,280 MW of firm and dispatchable renewable energy at tariffs ranging from ₹4.7 (~$0.0547)/kWh to ₹4.71 (~$0.0548)/kWh. The Commission also approved a trading margin of ₹0.07 (~$0.0008)/kWh. UPERC noted that CERC had already adopted the tariffs for 1,400 MW of FDRE capacity, affirming that the process adhered to the specified guidelines.

Integrated power company, Tata Power, reported a profit after tax of ₹12.62 billion (~$144 million) in Q1 of the financial year (FY) 2026, a 6% YoY increase from ₹11.89 billion (~$135.67 million). The company reported revenue of ₹174.64 billion (~$1.99 billion), up by 4% from ₹168 billion (~$1.91 billion) in the same quarter last year. Praveer Sinha, CEO and MD at Tata Power, said in the earnings call that the company witnessed a quarter in which power consumption declined by 1.3% after five to six years. “It was due to the early onset of the monsoon, which came in mid-May. With rains moving away from the central and western parts of India and northern India, we will have high temperatures along with humidity, which will lead to higher power demand in the latter part of August and September.”

Renewable energy is set to achieve a historic milestone by overtaking coal-fired generation either in 2025 or by 2026 at the latest, according to the International Energy Agency’s Electricity Mid-Year Update 2025. Solar and wind power are leading this transformation, together expected to meet over 90% of the net increase in global electricity demand in 2025. Combined output from these two technologies exceeded 4,000 TWh in 2024, is projected to surpass 5,000 TWh in 2025 and approach 6,000 TWh by 2026. Their share of total electricity generation is expected to rise from 15% in 2024 to 17% in 2025 and almost 20% in 2026, compared with just 4% a decade earlier.

In Q2 of 2025, P25 solar prices, which are the 25th percentile of offered prices in power purchase agreements, increased by 1% for North America, according to LevelTen Energy’s Market-Averaged Continental Index report. This increase follows another modest growth in the previous quarter. LevelTen said this rise is surprising in an environment of considerable policy uncertainty. While solar prices may appear unaffected, the pricing impacts of tariffs, tax credit shifts, and other factors are being incorporated through means other than direct price hikes.

The European Union is projected to install 64.2 GW of new solar capacity in 2025, down from 65.1 GW in 2024, a projected 1.4% annual decline, the first since 2015, according to SolarPower Europe’s mid-year market report. The projected decrease will be driven by the shrinking residential rooftop market. This expected downturn follows sharp growth in 2022 (47%) and 2023 (51%), and stagnation in 2024 (3.3%). Despite the expected slowdown, total installed solar capacity will reach 402 GW by year-end, meeting the EU’s RePowerEU 2025 target.

Germany-based solar energy equipment supplier SMA Solar Technology reported sales of €684.9 million (~$795.6 million) for the first half (1H) of 2025, marking a 9.8% YoY decline from €759.3 million (~$881.9 million). Sales in the Home and Business Solutions division fell by 48.1% to €116.1 million (~$134.7 million), attributed to weaker demand and intensified competitive pressure. The Large Scale and Project Solutions division posted an increase of 6.2%, reaching €568.8 million (~$660.9 million). This division accounted for 83% of SMA Group’s total sales, while the Home and Business Solutions segment contributed the remaining 17%.