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July-August 2026

MNRE Extends PM-KUSUM Financial Closure Deadline to Nov 30

The Ministry of New and Renewable Energy has extended the deadline for achieving financial closure under PM-KUSUM Components A and C to November 30, 2026, while retaining March 31, 2027 as the project completion deadline.

Policies & Regulations | 01/10/2026 | By Mrinmoy Dey

Cabinet Approves INR 1.86 Lakh Cr Green Energy Corridor Phase-III

The Union Cabinet has approved the INR 1.86 lakh crore Green Energy Corridor Phase-III scheme to strengthen intra-state transmission to evacuate 135 GW of renewable energy and deploy 50 GWh of BESS by FY 2032-33. Industry leaders weigh in on its impact on the RE and BESS sector.

Policies & Regulations | 01/10/2026 | By Mrinmoy Dey

India Energy Week 2027 to be held in Kolkata in January

Kolkata will host India Energy Week 2027 from January 28-31, drawing global energy stakeholders.

Business | 30/09/2026 | By EI News Network

Solar Cell Capacity in ALMM Nears 37 GW in September 2026

MNRE has updated the ALMM List-II, adding 1,397 MW of TOPCon solar cell capacity in September 2026, taking the total enlisted capacity to 36,864 MW. While Jupiter International's subsidiary, Jupiter Solartech, has enlisted 1,297 MW of TOPCon capacity from a new unit in Baddi, Renewsys India has added 100 MW of capacity from its unit in Telangana.

Policies & Regulations | 29/09/2026 | By Mrinmoy Dey

Data Centre Expansion Puts India’s Renewable Power Capacity to Test

For renewable developers, the expansion of data centres creates a large potential market.

Energy efficiency | 28/09/2026 | By Abha Rustagi

REC Q1 FY27 Net Profit Rises 23 Percent to INR 4,149 Crore, NII at INR 5,212 Crore

REC Ltd. reported a 23 percent QoQ rise in standalone net profit to INR 4,149 crore and a 5 percent increase in net interest income to INR 5,212 crore in Q1 FY27. The renewable energy portfolio expanded to INR 78,596 crore, accounting for 13.32 percent of the overall loan book.

Business | 27/07/2026 | By Mrinmoy Dey

Waaree Renewable Technologies Bags EPC Orders for 800 MWac Solar Projects

Waaree Renewable Technologies has secured two EPC contracts for the execution of 800 MWac/1,082 MWp ground-mounted solar PV projects, scheduled for completion during FY 2027-28.

Renewable energy / Solar PV | 27/07/2026 | By Mrinmoy Dey

EIM, HPCL Partner to Roll Out EV Charging and Battery Swapping Hubs for Heavy Commercial Vehicles

Energy In Motion has signed an agreement with HPCL to phase-wise deploy fast-charging and battery swapping infrastructure for electric heavy commercial vehicles at select HPCL retail outlets, starting with the Mumbai-Pune, Delhi-Jaipur and Chennai-Bengaluru freight corridors over the next 18-24 months.

Other Energy Applications / Sustainable Transport | 27/07/2026 | By Mrinmoy Dey

PM KUSUM Scheme Installs 13.11 GW by March 2026, PPA Projects Extended Until March 2027

PM KUSUM installed 13.11 GW of solar capacity by March 31, 2026, while projects with PPAs signed by December 31, 2025, received implementation extension through March 2027.

Policies & Regulations | 26/07/2026 | By EI News Network

Power Ministry Discusses Consumer-Centric Framework for Parallel Distribution Licensing

The Consultative Committee of the Ministry of Power has discussed a proposed framework for parallel distribution licensing aimed at enabling consumer choice, improving electricity distribution services and ensuring efficient utilisation of existing power infrastructure.

Policies & Regulations | 25/07/2026 | By Mrinmoy Dey

NTPC Green Energy Reports 63 Percent Revenue Growth to INR 1,107 Cr in Q1 FY27, PAT Rises 38 Percent

NTPC Green Energy has reported a 63 percent YoY increase in revenue from operations to INR 1,107 crore in Q1 FY27, supported by 595 MW renewable energy capacity additions during the quarter that took its operational portfolio to 10,671 MW.

Business | 25/07/2026 | By Mrinmoy Dey

ENGIE Achieves Financial Closure for 250 MW Khaba Solar Project in Rajasthan

ENGIE has achieved financial closure for its 250 MW Khaba Solar Project in Rajasthan, advancing construction toward Q3 2026 commissioning. The project will generate 650 GWh of clean power annually while supporting local employment and emissions reduction.

Solar manufacturing | 25/07/2026 | By News Bureau

NTPC Board Approves Raising Up to INR 12,000 Crore Through NCDs

NTPC's Board has approved raising up to INR 12,000 crore through the private placement of non-convertible debentures (NCDs), subject to shareholders' approval.

Business | 25/07/2026 | By Mrinmoy Dey

Yanara Secures EUR 150 Mn from Mirova to Develop 2 GW Utility-Scale RE Projects in Australia

Renewable energy developer Yanara has secured a EUR 150 million investment from Mirova to accelerate the development of over 2 GW of utility-scale renewable energy and BESS projects across Australia.

Investment & Trading | 25/07/2026 | By Mrinmoy Dey

BPE Targets INR 700 Crore Revenue by FY28, Expands Manufacturing and Clean Energy Portfolio

Best Power Equipments (India) has unveiled an ambitious growth roadmap to achieve INR 700 crore in revenue by FY28, backed by expanded manufacturing capacity, global market expansion and a strategic focus on advanced energy storage and clean power solutions.

Business | 24/07/2026 | By News Bureau