With the U.S. beginning to enforce the Foreign Entity of Concern (FEOC) rules and global buyers accelerating China+1 sourcing strategies, Indian solar module manufacturers are positioning themselves to capture new export opportunities and expand their international manufacturing footprint. Manufacturers with transparent supply chains, robust quality systems, and FEOC-compliant sourcing strategies are expected to be the biggest beneficiaries.

The Ministry of New and Renewable Energy (MNRE) issued a model service agreement for electrolyzer-as-a-service to support the adoption of green hydrogen across industrial sectors. Under the proposed arrangement, a service provider will finance, design, install, own, operate, and maintain an electrolytic hydrogen generation plant at the consumer’s premises.

In an interview on the sidelines of the Mercom India Renewables Summit 2026, Vishal Jain, Managing Director at August Energy India, discussed the growth of decentralized energy, the increasing role of battery storage, the emergence of integrated utility solutions, and the outlook for India’s solar manufacturing ecosystem.

The Solar Energy Corporation of India announced the winners of its auction to set up 4.455 MW of grid-connected rooftop solar projects (Tranche IX) across India under the renewable energy service company model.

REC Power Development and Consultancy announced the winner of its auction to set up an interstate transmission system to evacuate power from 4.5 GW of green hydrogen/ammonia projects in Visakhapatnam, Andhra Pradesh.

PFC Consulting invited bids to develop an intrastate transmission system for 765 kV grid substations in Bikaner and Babai in Rajasthan. The last date to submit bids is September 25, 2026. Bids will be opened on the same day.

China added 158.7 GW of new power generation capacity in the first half of 2026, according to the latest electricity statistics released by the National Energy Administration.

Electric vehicle maker Tesla reported total revenue of $28.24 billion in the second quarter of 2026, a 26% year-over-year increase from $22.5 billion, driven by vehicle deliveries, higher automotive sales, and continued growth in its services business.

Sino-American Silicon Products, a Taiwan-based manufacturer of semiconductor and renewable energy materials, and United Renewable Energy, a Taiwanese solar cell and module manufacturer, have established a U.S.-based joint venture to set up a 1 GW solar module manufacturing facility.