Daily News Wrap-Up: Solar Tendering Surges 61% in Q3 2026
India’s renewable energy growth faces a rising land acquisition crisis
November 4, 2026
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
Government agencies stepped up solar tendering activity in the third quarter (Q3) of 2026, reversing the previous quarter’s slowdown. Tendering increased 61% quarter-over-quarter, while auction activity declined 10%.
India’s renewable energy developers face mounting difficulties securing project-ready land, with acquisition and conversion timelines stretching up to 24 months in some states. Fragmented land ownership, rising acquisition costs, regulatory restrictions, and transmission infrastructure constraints are complicating execution of solar, wind, hybrid, and battery storage projects.
The Central Electricity Regulatory Commission extended the scheduled commercial operation date for a 198 MW wind project in Karur, Tamil Nadu, to February 4, 2026, allowing it to claim a 100% waiver of interstate transmission system charges.
The Meghalaya State Electricity Regulatory Commission allowed consumers with previously approved rooftop solar projects exceeding 500 kW to proceed with their installations, with or without battery energy storage systems.
The Telangana Electricity Regulatory Commission approved an additional surcharge of ₹0.82 (~$0.00865)/kWh for applicable open access consumers procuring electricity from sources other than the state’s distribution companies.
Noida Power Company invited bids to develop 80 MW/320 MWh of standalone battery energy storage systems capacity at identified load centers in Greater Noida, Uttar Pradesh. The projects will be developed under a build-own-operate arrangement. The last day to submit online bids is December 9, 2026. Bids will be opened on December 11, 2026.
Indian Port Rail & Ropeway Corporation floated an engineering, procurement, and construction tender to develop a 6.25 MW offshore wind project in the marine waters of the V.O. Chidambaranar Port Authority in Tuticorin, Tamil Nadu. Bids must be submitted by December 1, 2026. Bids will be opened the next day.
The Indian Energy Exchange’s green power trading volume declined 30% year-over-year (YoY) to 738 million units in October 2026 from 1,055 million units in the corresponding month last year.
Saatvik Green Energy, through its wholly owned subsidiary Saatvik Solar Industries, commenced commercial production at the first phase of its solar module manufacturing facility in Gopalpur, Odisha.
Independent power producer ReNew Energy Global reported total income of ₹49.62 billion (~$518 million) in the second quarter (Q2) of the financial year (FY) 2027, a 28.7% YoY increase from ₹38.56 billion (~$402 million).
Solar glass manufacturer Borosil Renewables reported revenue of ₹3.97 billion (~$43.64 million) in Q2 FY 2027, rising 4.7% YoY from ₹3.79 billion (~$41.68 million).
Energy storage solutions provider Amara Raja Energy & Mobility reported consolidated revenue from operations of ₹41.09 billion (~$451.99 million) in Q2 FY 2027, an 18.5% YoY increase from ₹34.67 billion (~$381.37 million).
Norway-based renewable energy solutions provider Scatec reported revenue of NOK1.4 billion (~$154.66 million) in Q3 2026, a 50.4% YoY increase from NOK935 million (~$102.85 million).
China-based solar module manufacturer Jinko Holdings reported revenue of RMB13.62 billion (~$2.03 billion) in Q3 2026, a 15.7% YoY decline from RMB16.16 billion (~$2.41 billion), primarily because of lower solar module shipments.
Off-grid solar solutions provided electricity access to 149 million people globally in 2025, an increase of 26% from 118 million in 2023, according to a report by the World Bank Group’s Energy Sector Management Assistance Program and GOGLA.
Germany’s Federal Network Agency awarded 288 MW of rooftop solar capacity through 143 successful bids in its auction for solar installations on buildings and noise barriers.
