The Rajasthan Electricity Regulatory Commission notified the regulations for virtual and group net metering for renewable energy projects roughly five months ago, but implementation has progressed slowly. Rooftop solar installers say that while the notification has sparked consumers’ interest, distribution companies are yet to issue operational guidelines.

Evolving tariff structures and advances in battery technology are bringing energy storage to the center stage. Industry experts note that batteries are no longer limited to storing energy but are emerging as multifunctional assets that support diverse operational needs.power conversion and energy management systems, increasing their efficiency.

The Karnataka High Court issued an interim stay on the enforcement of the Central Electricity Regulatory Commission’s revised deviation settlement mechanism for renewable energy project developers. The stay will be in force until the next hearing on June 10, 2026. The revised mechanism proposed changes to the deviation calculation formula, tighter deviation bands, and higher penalties, effective April 1, 2026.

The Haryana Electricity Regulatory Commission approved Haryana Power Purchase Centre’s (HPPC) revised proposal to procure short-term round-the-clock (RTC) power of 390 MW in June, 687 MW in July, and 200 MW in August 2026 to manage peak summer demand. The approval comes in response to HPPC’s original petition seeking up to 1,345 MW of RTC power from May to September 2026.

The Odisha Electricity Regulatory Commission approved discovered tariffs in the range of ₹304,000 (~$3,226)/MW/month and ₹354,000 (~$3,757)/MW/month for GRIDCO to procure 125 MW/500 MWh battery energy storage capacity for 15 years. The Commission also approved the draft Battery Energy Storage Purchase Agreement to be executed between GRIDCO and the selected developers.

The Kerala State Electricity Regulatory Commission permitted the Kerala State Electricity Board (KSEBL) to procure up to 250 MW of short-term power through exchange-based contingency mechanisms to manage the ongoing summer supply deficit. The approval allows KSEBL to procure power based on time-slot-wise requirements at the Day Ahead Market- cleared price for the day, with a margin of up to ₹0.05 (~$0.0005)/kWh.

The Bombay High Court ordered the Maharashtra State Electricity Distribution Company to verify the amounts paid by a food products manufacturer, adjust any dues, and refund any excess amount collected towards the denied night power tariff rebate, in accordance with the Electricity Act, 2003.

The Rajasthan government issued new guidelines stating that power projects up to 1 MVA capacity, including renewable energy sources such as solar and wind, can now be self-certified. Certification from an electrical inspector will no longer be mandatory.

The Andhra Pradesh Electricity Regulatory Commission approved the state distribution companies’ performance review petitions for the financial year 2025, allowing limited changes to future resource plans, such as revisions to demand, sales, and energy requirements, based on actual performance.

The Jharkhand State Electricity Regulatory Commission issued the Draft State Grid Code Regulations, 2026, establishing a comprehensive framework for the planning, operation, maintenance, and commercial management of the electricity grid.

JK Cement will procure power from a 70 MW solar project for its Nimbahera facility in Rajasthan by acquiring a 26% equity stake in Truere Guj, a special purpose vehicle of Oriana Power, under a captive user model. The company has subscribed to 3.276 million equity shares at a face value of ₹10 (~$0.106) each, with a premium of about ₹2.88 (~$0.031) per share.

Surat-based solar module manufacturer Sunora Solar signed a long-term purchase agreement with Hyderabad-based Bharat Enterprise to supply TOPCon G12R solar modules for a 30 MW solar project in Hyderabad under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program.

U.K.-based Enviromena, an independent power producer, signed an £825 million (~$1.1 billion) senior portfolio financing package to support the expansion of its solar portfolio across the U.K. The transaction is underwritten by a syndicate of lenders, including BBVA, Intesa Sanpaolo, Lloyds, NatWest, and Société Générale.

Solar cell and module manufacturer Websol Energy System reported a revenue of ₹4.01 billion (~$42.4 million) in the fourth quarter of the financial year 2026, a 132.1% (YoY) increase from ₹1.73 billion (~$18.3 million). Earnings before interest, taxes, depreciation, and amortization stood at ₹1.46 billion (~$15.43 million), up 86.4% YoY from ₹780 million (~$8.25 million).

Electric vehicle maker Tesla reported total revenue of $22.39 billion for the first quarter of 2026, a 16% year-over-year increase from $19.34 billion, driven by higher vehicle deliveries, improved average selling prices, and strong growth in services and other revenue.

China expanded its installed solar power capacity by 41.4 GW in the first quarter of 2026. On a year-over-year basis, solar capacity addition dropped 41.7% from 70.97 GW. The country’s cumulative installed power generation capacity reached 3,960 GW by the end of March 2026, a 15.5% YoY increase, according to data released by the National Energy Administration.

Germany’s Federal Network Agency (Bundesnetzagentur) invited bids to set up 296,269 kW solar projects on buildings or noise barriers. The last date to submit bids is June 1, 2026. The 296 MW tender is part of the 1,100 MW of solar projects announced by the German agency in 2026.

GreenYellow, a France-based energy platform providing solar, battery storage, and energy efficiency solutions, secured over €800 million (~$938 million) to refinance its existing corporate debt and support future growth. The transaction was supported by a consortium of international lenders, including Allianz Global Investors, Banco Santander, BNP Paribas, BPifrance, Crédit Agricole CIB, BPCE Energeco, La Banque Postale, MUFG, Rabobank, SMBC, and Société Générale.

Global energy demand grew by 1.3%, or 8 exajoules, in 2025, down from a 2% increase in 2024, according to a report by the International Energy Agency. This decline in demand was driven by slower global economic growth in 2025 than a year ago, with slower growth in energy-intensive industries in certain regions.