Daily News Wrap-Up: Tamil Nadu Announces Top-up Subsidy for Rooftop Solar

The Union Cabinet has approved the GOBARdhan program

August 7, 2026

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The Tamil Nadu government announced that electricity consumers installing solar panels under the PM Surya Ghar: Muft Bijli Yojana will receive a subsidy of up to ₹100,000 (~$1,052). The state government will provide a top-up subsidy of ₹22,000 (~$231.33) over and above the ₹78,000 (~$820.2) subsidy available under PM Surya Ghar for rooftop systems of 3 kW.

The Union Cabinet approved GOBARdhan, the National Circular Bioenergy program, with an outlay of ₹237.31 billion (~$2.5 billion) to expand compressed biogas production in India. The program will run from the financial year (FY) 2026-27 through FY 2035-36 and will be administered by the Ministry of Petroleum and Natural Gas.

The Maharashtra Electricity Regulatory Commission approved Brihanmumbai Electric Supply and Transport Undertaking’s proposal to procure 220 MW of solar power bundled with a 110 MW/440 MWh energy storage system from the Solar Energy Corporation of India.

In an interview on the sidelines of the Mercom India Renewables Summit 2026, held in New Delhi on July 1 and 2, Krishan Dutt Tiwari, Chief Projects Officer at Adani Green Energy, discussed India’s transition toward round-the-clock and firm and dispatchable renewable energy projects, the commercial viability of battery storage, and challenges of building a domestic supply chain.

At the Mercom India Renewables Summit 2026, Nikhil Tambe, Chief Executive Officer, The Energy Consortium at the Indian Institute of Technology Madras, discussed his team’s collaboration with High Energy Batteries, which received the Research-to-Innovation Award for developing a vanadium redox flow battery system for long-duration energy storage.

The Solar Energy Corporation of India invited bids to procure a phasor measurement unit for a 100 MW solar project integrated with a 40 MW/120 MWh battery energy storage system in Rajnandgaon, Chhattisgarh. The last date to submit bids is August 27, 2026. Bids will be opened on the same day.

Bengaluru Electricity Supply Company invited bids to develop 500 MW of grid-connected distributed solar projects. The last date to submit bids is August 30, 2026. Bids will be opened on September 2.

Energy equipment manufacturer GE Vernova signed an agreement with Enfinity Global to supply and install 43 of its 3.8 MW-154m onshore wind turbines. The turbines, with a collective capacity of 163.4 MW, will be installed at Enfinity Global’s wind farm in Fatehgarh, Rajasthan.

Robotic solar module cleaning equipment supplier Aegeus Technologies’ ₹237 million (~$2.49 million) initial public offering was subscribed 24.33 times at the end of the bidding window on August 6, 2026.

Israel-based solar inverter manufacturer SolarEdge reported revenue of $346.2 million in the second quarter (Q2) of 2026, a 19.6% year-over-year (YoY) increase from $289.4 million and surpassing analysts’ expectations by $5.08 million.

U.S.-based residential solar and battery storage provider Sunrun reported total revenue of $869.99 million in Q2 of 2026, a 52.8% YoY increase from $569.34 million, driven by higher energy storage system sales.

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