India installed 15.3 GW of solar capacity in the first quarter (Q1) of 2026, its highest-ever quarterly total, according to Mercom India’s Q1 2026 India Solar Market Update Report. Additions rose more than 143% year-over-year (YoY) from 6.3 GW in Q1 2025, and nearly 49% quarter-over-quarter from about 10.3 GW in Q4 2025.

The Rajasthan Government amended the Rajasthan Land Revenue (Conversion of Agricultural Land for Non-Agricultural Purposes in Rural Areas) Rules, 2007, bringing renewable energy projects within the land conversion framework.

The Tamil Nadu Electricity Regulatory Commission adopted the discovered tariff for Tamil Nadu Power Distribution Corporation’s procurement of 500 MW of pumped-storage capacity. The approved procurement is for 500 MW from an existing grid-connected pumped storage project in Kurnool District, Andhra Pradesh.

Businesses in Jodhpur are evincing interest in sourcing power, specifically rooftop and open-access models. Commercial and industrial entities, large institutions, and residential apartments benefit immensely from such solutions, as they provide access to power at tariffs below conventional grid rates.

Terra Clean, a wholly owned subsidiary of Indian Oil Corporation, issued a request for proposal to aggregate land for an interstate transmission system (ISTS)-connected 100 MW solar project near the Davanagere ISTS Pooling Substation in Karnataka. The last date to submit bids is June 11, 2026. Bids will be opened on the same day.

Terra Clean, a subsidiary of India Oil Corporation, invited bids for land aggregation to develop an ISTS-connected wind power project of 200 MW within the jurisdiction of the Davangere substation, Karnataka. The last date to submit bids is June 11, 2026, and bids will be opened on the same day.

Rewa Ultra Mega Solar invited expressions of interest for the purchase of private land parcels from prospective land owners to set up solar projects in Madhya Pradesh. The last day to submit the bids is June 8, 2026.

Indraprastha Gas, a joint venture of GAIL India, BPCL, and the Government of Delhi, invited bids to set up a 160 MW solar power project with a 28 MWh battery storage system in Rajasthan. The successful bidder must operate and maintain the project for five years. The last date to submit bids is June 9, 2026. Bids will be opened on the same day.

Bharat Heavy Electricals invited bids to set up a 1,500 kW grid-connected rooftop solar project at its facility in Piplani, Bhopal. The project will connect to the internal 415 V system at the factory, including the 415 V switchgear of the load center. Bids must be submitted by June 3, 2026.

The Southern Power Distribution Company of Andhra Pradesh invited bids to set up 93.2 MW of grid-connected rooftop solar projects through the utility-led aggregation capital expenditure model under PM Surya Ghar: Muft Bijli Yojana within the jurisdiction of the Kuppam Rural Electric Cooperative Society.

Integrated power company Tata Power reported a revenue of ₹159.62 billion (~$1.67 billion) in the fourth quarter of the financial year 2026, a 7.9% YoY decrease from ₹173.28 billion (~$2 billion). Solar engineering, procurement, and construction revenue fell to ₹22.08 billion (~$231 million) during the quarter from ₹31.1 billion (~$325.18 million) last year, mainly due to a decline in income from large and group captive projects, which fell to ₹4.8 billion (~$50.2 million) from ₹22.46 billion (~$234.84 million).

U.S.-based solar tracker firm Nextpower reported revenue of $880.5 million in Q4 of the financial year 2026, a 4.7% YoY decrease from $924.3 million. The revenue exceeded analysts’ expectations by $50.7 million.

Hydrogen fuel cell solutions provider Plug Power reported revenue of $163.51 million in Q1 2026, a 22.3% YoY increase compared to $133.67 million. This growth was driven by expansion across its material handling and electrolyzer businesses.

Germany’s Federal Network Agency awarded 268 bids for solar installations with a combined capacity of 2,299 MW in its March 2026 solar PV auction. The auction targeted a total capacity of 2,295 MW but received 532 bids totaling 4,622 MW, more than double the tender volume. Thirty-nine bids were excluded from the process.