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Unreliable power supply slows EV charging infrastructure growth
November 2, 2026
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The Ministry of New and Renewable Energy added 7,063 MW of solar cell manufacturing capacity to the Approved List of Models and Manufacturers (ALMM) List-II, increasing the total enlisted capacity to 44.9 GW.
In an interview with Mercom India, Tushar Gupta, Business Head, Lithium Battery Division and VP Strategy at Servotech Renewable Power System, discussed the growing demand for utility-scale battery storage, the adoption of hybrid solar inverters, challenges in electric vehicle (EV) charging infrastructure, and the company’s plans to expand its manufacturing capabilities and product portfolio.
The Telangana Electricity Regulatory Commission approved the procurement of 2,545 MW of solar power by the state’s distribution companies from NTPC, NHPC, and the Solar Energy Corporation of India.
The Kerala State Electricity Regulatory Commission partially approved Kerala State Electricity Board’s proposal to procure short-term electricity, reducing the proposed financial commitment by 61% to ₹1.31 billion (~$13.76 million) from ₹3.36 billion (~$35.29 million).
NTPC Renewable Energy invited bids for an engineering, procurement, and construction package, including land, for a solar power project connected to the interstate transmission system near its Anantapur solar project in Andhra Pradesh. The last date to submit bids is November 27, 2026.
Wind turbine manufacturer Suzlon Energy posted revenue of ₹48.69 billion (~$511.25 million) in the second quarter (Q2) of the financial year (FY) 2027, a 26% year-over-year (YoY) increase from ₹38.66 billion (~$405.88 million). The company attributed the growth to higher deliveries during the quarter.
U.S.-based solar tracker and clean power technology company Nextpower reported record revenue of $1.11 billion in Q2 FY 2027, up 22.5% YoY from $905.27 million, driven partly by strong demand for its solar tracker products.
Waaree Energies’ U.S. subsidiary, Waaree Solar Americas, commenced commercial production at two new solar module manufacturing lines with a combined annual capacity of 1.6 GW at its Brookshire facility in Texas.
California and Texas recorded estimated wholesale electricity cost savings of $2.5 billion and $3.55 billion, respectively, between June and August 2026 compared with the corresponding period in 2021, according to an analysis by the Solar Energy Industries Association.
The annual failure rate of lithium-ion battery energy storage systems declined by 98% globally between 2018 and 2025, according to a report by the Electric Power Research Institute. The report recorded 150 incidents during the period.
Mercom Staff
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