Heavy Civil Infrastructure, a subsidiary of Larsen and Toubro (L&T), has secured an order from Torrent Energy Storage Solutions, an arm of Torrent Power, for the construction of the 3,000 MW Saidongar-1 Pumped Storage Project in the Raigad...

The Delhi Government has approved a proposal to implement a Carbon Credit Monetization Framework to convert the city’s green projects into revenue-generating assets to support pollution control and sustainability efforts. Under the framework, every...

The Ministry of Heavy Industries (MHI) has notified amendments to the Production-Linked Incentive (PLI) program for the automobile and auto components industry. The amendments have revised the performance criteria for electric vehicles (EVs)...

GreenTech, an operations and maintenance (O&M) company specializing in wind turbine asset management, has raised ₹300 million (~$3.3 million) in its first funding round, comprising a mix of equity and debt, led by Transition VC. The company...

Punjab State Power Corporation (PSPCL) has invited bids to set up 500 MW/1,000 MWh standalone battery energy storage systems (BESS). The last date to submit bids is February 13. Bids will be opened on February 16. Bidders must submit an earnest...

Chennai Petroleum Corporation, a subsidiary of Indian Oil Corporation, has invited bids for a pre-feasibility study for the round-the-clock (RTC) supply of 100 MW of energy from wind and solar power projects. The last day to submit the bids is...

Global renewable energy sector employment stood at 16.6 million in 2024, up 2.3% from 2023, even as global renewable power capacity expanded to 4,443 GW, with a record 582 GW added during the year, according to the Renewable Energy and Jobs – Annual...

Only 50% of the standalone battery energy storage system (BESS) projects evaluated in a new industry survey showed positive project economics and economic viability under modeled assumptions, highlighting the continuing cost challenges facing the...

Global solar irradiation swung to both positive and negative extremes in 2025, with the highest positive anomalies reaching up to 20% over long-term averages (LTA), according to the maps released by Slovakia-based global solar data assessor and...

From: Mercom Capital Group Aspen Power, a distributed energy generation platform, announced the closing of a $200 million capital raise provided by Deutsche Bank. Aspen is said to partner with businesses, communities, and other industry participants...