NLC India Limited, representing Coal Lignite Urja Vikas Private Limited, has issued a tender for skilled manpower to monitor O&M for SECL's solar power projects in Chhattisgarh. Bids are due by July 18, 2026, with specific eligibility criteria for bidders and a five-year contract duration. An EMD is required, with MSMEs exempted.
Jordan Green Ammonia (JGA), a joint venture between Hynfra and Fidelity Group, has secured a land lease for a green ammonia production facility near Aqaba. The project will produce 120,000 tonnes annually, powered by a 550 MWp solar plant, and aims for operations by 2030. It enhances Jordan’s renewable energy strategy.
Global solar capacity has exceeded 3 TW, with India now the second-largest solar market after significant installations in 2025. Key developments include Gujarat’s 450 MW battery storage tender, updates on renewable connectivity in Andhra Pradesh, and various solar projects across India. These initiatives reflect rapid advancements in clean energy.
India will host the 11th BRICS Energy Ministers’ Meeting on June 25-26, 2026, in Gurugram, focusing on energy security, sustainability, and equitable access. With an emphasis on “Energy for All,” the gathering aims to strengthen cooperation among BRICS nations, fostering innovation and addressing energy challenges while promoting India's clean energy achievements.
The Karnataka Electricity Regulatory Commission has released new Forecasting, Scheduling, and Deviation Settlement Mechanism Regulations for renewable energy projects, effective June 2026. These regulations tighten deviation limits and revise calculation methods for deviation charges to enhance grid stability. The framework aims to support Karnataka's growing renewable energy capacity while ensuring consumer protection.
The Andhra Pradesh Electricity Regulatory Commission (APERC) recognized recent tax reductions on solar equipment as "Change in Law" events affecting Power Purchase Agreements. This includes a cut in Basic Customs Duty and GST, lowering project costs. Renewable energy generators must submit financial data for implementing these benefits, ensuring consumer protection.
The UP Electricity Regulatory Commission has mandated that reduced electricity tariffs be passed on to consumers following a GST cut on renewable energy equipment. This decision, stemming from the PM-KUSUM scheme, encourages solarization of agricultural pumps. Distributions companies must form committees to assess financial impacts and revise tariffs accordingly.
The Ministry of New and Renewable Energy has clarified the ALMM regulations to alleviate delays in commissioning renewable energy projects in India. They introduced a temporary relief mechanism for projects installed before June 1, 2026, allowing provisional commissioning. This measure is effective for one month, aiming to streamline project approvals while maintaining the original compliance deadlines.
On June 24, 2026, the Indian stock market closed positively, with the S&P BSE Sensex up 1.04% and Nifty 50 up 0.78%. Battery manufacturers like Exide Industries led gains, reflecting investor confidence in renewable energy. However, some companies, including Tata Power, faced declines, resulting in mixed sector performance overall.
In California, utility-scale solar generation surpassed natural gas for the first time in early 2026, marking a significant transition in energy production. Solar output increased 21% while natural gas dropped by 60%. This shift, fueled by expanded solar capacity and battery storage, indicates a changing electricity landscape and growing reliance on renewables.
On June 23, 2026, Indian equity markets fell, with the S&P BSE Sensex decreasing by 1.16 percent and the Nifty 50 by 1.22 percent, driven by widespread selling in the renewable energy and power sectors. Significant losses were noted for major companies, although some stocks, like Sterling and Wilson Renewable Energy, managed to gain.
A report by Ember highlights that Southeast Asia may face delays in connecting power grids due to management and political challenges, not technical ones. ASEAN aims to boost cross-border electricity trade but lacks a cohesive planning framework and faces cost-sharing issues. Recommendations include enhancing regional cooperation and developing a cost-sharing framework.
In early 2026, global solar power capacity surpassed 3 terawatts, underscoring rapid adoption. In 2025, the industry added 664 gigawatts, with Asia-Pacific leading growth. China remains the top market, while India overtook the U.S. Despite projected declines in 2026 due to policy shifts, long-term growth is expected, reinforcing solar's crucial role in renewable energy.
On June 22, 2026, India's green energy sector experienced a positive trading session, with renewable energy stocks generally rising amid overall market gains. Sterling and Wilson Renewable Energy led with a nearly 4% increase. Other notable performers included Adani Green Energy and JSW Energy. Investor sentiment remained optimistic, highlighting confidence in the sector's growth.
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As renewable energy expands, traditional power systems are transforming. Conventional synchronous generators provided grid stability, but the rise of solar PV and battery storage, using grid-following inverters, presents challenges. Grid-forming inverters facilitate essential grid functions independently, enabling increased renewable integration while maintaining stability, crucial for future low-inertia power systems.
Midea Energy's PowerX1 offers a flexible home energy storage system, enhancing self-consumption and backup capabilities. ATESS expands microgrid solutions for reliable power access, while KUKA Cable prepares for Intersolar, focusing on advanced solar technologies. M-BAT innovates in battery recycling, and AI transforms solar module performance, driving efficiency and quality.
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Waaree Energies Limited announced the resignation of Chief Procurement Officer Sanjeev Pushkarna, effective June 19, 2026, as part of a senior management restructuring. The company confirmed that the resignation was voluntary and complied with SEBI regulations, with disclosures available on its official website.
As Europe moves towards clean energy, the M-BAT initiative, funded by Horizon Europe, aims to innovate the recovery of critical battery materials like lithium, cobalt, and nickel from various sources. With 18 partners across seven countries, it focuses on sustainable extraction methods to strengthen the battery supply chain and reduce reliance on imports.
