Premier Energies is set to supply 1.6GW of solar cells and modules in the fourth quarter of 2026, under contracts valued at INR25.77 billion (US$276 million).
As key purchasers of solar power, distribution companies are central to India’s renewable energy goals. But, under severe financial strain, they could also derail those same ambitions.
The California Public Utilities Commission (CPUC) has issued a proposed decision rejecting a solar industry-backed Net Value Billing Tariff (NVBT) for community solar programmes, and instead advancing a compensation framework based on the Avoided Cost Calculator (ACC).
kWh Analytics subsidiary, Solar Energy Insurance Services, has launched a data-sharing initiative that rewards renewable energy assets for efforts in extreme weather mitigation.
Sangam Solar One, a subsidiary of Indian solar PV manufacturer Waaree Energies, has commissioned a 3GW PV module manufacturing facility in Samakhiali, Kutch, Gujarat.
According to Ember, solar-plus-storage could supply up to 90% of India’s electricity demand at a levelised cost of electricity (LCOE) of INR5.06/kWh (US$56/MWh).