India scraps norm that kept renewable energy prices uniform, to speed up power deals

India scrapped a uniform renewable energy tariff mechanism aimed at protecting renewable energy buyers from fluctuating prices. The central pricing system imposed on projects was dropped after developers raised concerns that it was slowing down power deals, Reuters reported.

The Ministry of Power said it was dissolving the solar power central pool and the solar-wind hybrid central pool, set up in February 2024 to standardise tariffs for clean energy projects over a three-year period, the memo dated August 1 said.

The pools were part of a uniform renewable energy tariff (URET) mechanism aimed at protecting buyers from fluctuating prices. However, developers and government renewable agencies raised concerns that the buyers were hesitant to sign contracts due to uncertainty over future tariffs for three years, the memo said.

India has a large pipeline of renewable energy projects waiting for power sale agreements and to avoid further delays, the ministry said it was withdrawing the order. India’s stranded renewable power capacity — projects awarded but unable to come online — more than doubled over nine months, due to unfinished transmission lines, and legal and regulatory delays, Reuters reported last week.

MNRE launches second call for proposals to build and upgrade green hydrogen testing infrastructure

The Centre issued its second Call for Proposals that aims to support development and upgradation of testing infrastructure for the various components, technologies and processes used in the production, storage, transport, and utilization of green hydrogen and its derivatives, PV Magazine reported.

The initiative ensures high standards, safety, and quality across the entire value chain. The scheme is also intended to support technology mapping and information dissemination on quality and performance of systems, components and processes under the GH2 ecosystem.

India’s Utility-Scale Solar Tenders, Auctions Fall in Q2 2025 – Mercom India

Solar tender issuance in India fell sharply in the second quarter (Q2) of 2025. According to Mercom India Research, just 6.5 GW of solar tenders were announced — down 53.8% quarter-over-quarter from 14.1 GW, and 65.1% lower than the 18.7 GW issued in the same quarter last year. Auction activity followed the same trend. Only 1.6 GW of utility-scale solar projects were auctioned in the quarter, a steep 74.1% drop from 6.4 GW in Q1 2025 and a 75.2% decline compared to Q2 2024. The lack of firm and dispatchable renewable energy tenders contributed to this sharp fall in tendered capacity.

IEA: Renewables will be world’s top power source ‘by 2026’

By 2026 “at the latest”, renewable energy will overtake coal to become the world’s top source of electricity, according to new forecasts from the International Energy Agency (IEA). Carbon Brief reported that the rise of renewables is being driven by extremely rapid growth in wind and solar output, which topped 4,000 terawatt hours (TWh) in 2024 and will pass 6,000TWh by 2026.

The outlet noted that the IEA report said wind and solar are increasingly under attack from Donald Trump and Reform in the UK, yet they will together meet more than 90% of the increase in global electricity demand out to 2026, while modest growth for hydro power will add to renewables’ rise.

With nuclear and gas also reaching record highs by 2026, coal-fired generation is set to decline – driven by falls in China and the EU – meaning that power-sector emissions will decline, too, the report said.

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