The Ministry of New and Renewable Energy (MNRE) has amended the Revised Guidelines for Installation of Prototype Wind Turbine Models issued on June 12, 2025. The changes introduce provisions for power off-take from prototype wind turbines and revise the listing requirement for their installation. The amendments have been issued through an Office Memorandum with the…
The Ministry of New and Renewable Energy (MNRE) has issued a clarification allowing utility-scale and commercial & industrial (C&I) solar projects installed before June 1, 2026, to be commissioned while their applications for exemption from Approved List of Models and Manufacturers (ALMM) List-II requirements are under review. The move addresses concerns over projects that were…
Domestic solar cells are expected to meet around half of India’s total solar cell demand in fiscal 2027, up from about one-fourth in the previous fiscal, driven by the implementation of the Approved List of Cell Manufacturers (ALCM) and rapid capacity expansion, according to Crisil Ratings. The agency said the shift will reduce dependence on…
The Ministry of New and Renewable Energy (MNRE) has clarified the procedure for rooftop solar projects installed before June 1, 2026, but not yet commissioned under net-metering, to seek exemption from Approved List of Models and Manufacturers (ALMM) List-II requirements for solar photovoltaic (PV) cells. In an office memorandum issued on June 15, 2026, MNRE…
The Ministry of New and Renewable Energy (MNRE) has clarified that residential net-metering consumers under the “Give It Up” category of the PM Surya Ghar: Muft Bijli Yojana (PMSG: MBY) will be exempt from the applicability of Approved List of Models and Manufacturers (ALMM) List-II requirements for solar photovoltaic (PV) cells, subject to specified conditions….
The Ministry of New and Renewable Energy (MNRE) has issued an Office Memorandum introducing relaxed provisions for the inclusion of higher wattage solar photovoltaic (PV) modules in the Approved List of Models and Manufacturers (ALMM), subject to specified conditions. Under the revised guidelines, solar PV module manufacturers may enlist higher wattage models with up to…
The Ministry of New and Renewable Energy (MNRE) has constituted an Expert Committee to examine requests from net-metering and open access solar power projects seeking commissioning extensions beyond May 31, 2026, along with exemptions from the Approved List of Models and Manufacturers (ALMM) List-II requirement for solar photovoltaic (PV) cells. The move follows MNRE’s Office…
Solarium Green Energy Limited reported a 60% increase in revenue from operations to Rs 368 crore for the financial year ended March 31, 2026, driven by its strategic shift towards large-scale Engineering, Procurement, and Construction (EPC) projects. The company reported profit after tax (PAT) of Rs 20 crore and earnings before interest, taxes, depreciation and…
GameChange Solar has entered into a strategic partnership with First Solar, Inc. to support deployment of domestically manufactured thin-film solar modules in India. The collaboration builds on two utility-scale solar projects in India where First Solar’s modules have already been deployed on GameChange Solar’s Genius Tracker™ systems. According to the companies, the projects have operated…
Solex Energy Limited reported a total income of Rs 1,621.1 crore for the financial year ended March 31, 2026, marking a 143.9% year-on-year (YoY) increase from Rs 664.8 crore in FY25. Revenue for the fourth quarter of FY26 stood at Rs 885.8 crore, up 247.6% YoY. The company’s Profit After Tax (PAT) for FY26 rose…