Daily News Wrap-Up: Gujarat Announces Top-up Subsidy for Rooftop Solar
October 26, 2026
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The Gujarat government announced an additional state subsidy for residential consumers installing rooftop solar systems up to 2.18 kW under the PM Surya Ghar: Muft Bijli Yojana.
In an interview with Mercom India, Bernhard Rack, CEO of Agastya Energy, discussed the risks of overcapacity in India’s solar wafer manufacturing industry, cost disadvantages compared with Chinese manufacturers, the implications of the Approved List of Models and Manufacturers List-III, and India’s prospects as a solar wafer exporter.
The Ministry of Power issued the National Electricity Data Sharing Framework, 2026, to enable secure, standardized electricity data sharing. The voluntary framework classifies shareable datasets as public or access-controlled and outlines requirements for access, governance, cybersecurity, and privacy.
Commercial and industrial rooftop solar developers in Tamil Nadu face structural and electrical infrastructure constraints that limit the capacity they can install at their facilities, even when sufficient rooftop space is available.
India’s solar operations and maintenance segment is moving beyond routine equipment servicing as developers and asset owners place greater emphasis on long-term generation performance, equipment availability, and operational reliability.
China’s Ministry of Industry and Information Technology proposed stricter manufacturing standards for solar cells and modules, introducing minimum conversion efficiency requirements for different technologies and setting limits on energy consumption, water usage, and module degradation.
Solar power purchase agreement (PPA) prices in North America increased 6% year-over-year in the third quarter of 2026, while prices in Europe declined 4.1%, according to LevelTen Energy‘s latest PPA Price Index reports.
Power Grid Corporation of India commissioned a transmission project to evacuate renewable energy in Koppal and Gadag, Karnataka.
Rwanda’s Energy Development Corporation invited bids from independent power producers to set up a floating solar project with a battery energy storage system at Lake Sake, Ngoma District, in the country’s Eastern Province.
Renewable energy solutions company Fourth Partner Energy raised ₹7.5 billion (~$79.27 million) from Tata Capital – Cleantech Finance to develop its ongoing solar-plus-wind project with an integrated battery energy storage system in Maharashtra.
Pivot Energy, a distributed solar and energy storage developer and independent power producer, secured a $500 million corporate credit facility from Nuveen Energy Infrastructure Capital (Nuveen EIC).
Peak Energy, a sodium-ion battery manufacturer, raised $108 million in an oversubscribed Series B funding round led by General Motors Ventures to expand its sodium-ion battery manufacturing operations.
VECKTA, an energy planning and procurement platform, raised $11 million in an oversubscribed Series A funding round led by Origin Ventures. The funding will support expanding the company’s U.S. customer team, product capabilities, partnerships, and supplier network.
