The average system cost of large-scale solar projects showed mixed trends across module technologies during the first quarter (Q1) of 2026, with Chinese module-based projects recording cost increases, while several Indian and DCR-based configurations remained stable or declined marginally. System costs increased across all Chinese module technologies in Q1 2026.

The Ministry of New and Renewable Energy (MNRE) asked all manufacturers on the Approved List of Models and Manufacturers (ALMM) to submit monthly price ranges for domestically manufactured solar cells and modules. MNRE said it is essential that prices of domestically manufactured solar modules and cells remain within a fair range and that there is no excessive opportunistic profiteering.

The Central Electricity Regulatory Commission quashed transmission charge invoices of ₹21.97 million (~$229,483) raised by the Central Transmission Utility of India on JSW Renewable Energy and directed it to recalculate charges proportional to the company’s delayed 100 MW wind-solar hybrid capacity.

The Tamil Nadu Electricity Regulatory Commission released draft regulations to determine tariffs for renewable energy and non-conventional energy projects during the control period from the financial year (FY) 2027-28 to FY 2031-32.

Power Grid Corporation of India invited bids to set up five standalone battery energy storage systems with a cumulative capacity of 750 MW/3,000 MWh across multiple locations in West Bengal.

The Ministry of Finance extended the countervailing duty on imports of textured tempered glass originating in or exported from Malaysia, a product widely used in the solar industry, for five years after concluding that removing the duty could lead to continued or renewed subsidization and injury to domestic manufacturers.

The Solar Energy Corporation of India, the sole renewable energy implementing agency, has 9,675 MW of unsold renewable energy capacity under several auctions, according to its latest update.

Mumbai-headquartered Clean Max Enviro Energy Solutions partnered with chemical manufacturer Gujarat Alkalies and Chemicals to supply hybrid renewable power from a 75.90 MW wind and 84.34 MW solar project in Gujarat.

Bridge Green Upcycle, a clean technology company with operations in India and the U.S., inaugurated its 7,200 metric tons per annum circularity center in Gummidipoondi, Tamil Nadu, for extracting critical minerals from lithium-ion (Li-ion) batteries. The facility will process end-of-life Li-ion batteries and battery manufacturing scrap across chemistries.

The Indian Energy Exchange traded 12,983 million units of electricity in May 2026, an 18.6% year-over-year (YoY) increase. According to government data, India’s energy consumption reached 164.98 billion units in May 2026, up 11.5% YoY. Peak power demand touched an all-time high of 270.82 GW during the month.

Massachusetts Institute of Technology researchers developed a low-temperature process to extract battery-grade lithium from spodumene, the most common lithium-bearing hard rock mineral. The researchers said the method could reduce the cost and waste associated with conventional hard rock lithium extraction.

U.S.-based SEG Solar announced plans to set up a 4.6 GW solar module manufacturing facility in the Greater Houston area of Texas, its third such production site in the country. The new facility, spanning 1.15 million square feet, is expected to increase SEG Solar’s planned annual solar module manufacturing capacity to 10.6 GW. This facility will also include a factory and a warehouse.