The Tamil Nadu Electricity Regulatory Commission (TNERC) has approved a provisional additional tariff subsidy of ₹15.45 billion (~$161.3 million) for FY 2026-27 to compensate Tamil Nadu Power Distribution Corporation (TNPDCL) for revenue loss from...

Maharashtra’s revised Multi-Year Tariff (MYT) order has reset the rules for commercial and industrial solar in the Maharashtra State Electricity Distribution Company territory. With banking restricted to the same Time of Day slot, the Internal Rate...

Kyivstar Group, a subsidiary of digital operator VEON, has acquired six solar power projects totaling 105 MW in Ukraine’s Lviv region for $80.8 million. The acquisition expands Kyivstar’s renewable energy generation portfolio nearly ninefold....

Bankinter Investment and Plenium Partners have secured €530 million (~$617 million) in financing for a 130 MW solar portfolio owned by Helia Renovables IV. Helia Renovables IV was launched in 2020 by Bankinter Investment, an alternative investment...

Mumbai-based engineering, procurement, and construction (EPC) company, KEC International, secured multiple orders totaling ₹13.03 billion (~$136.15 million) across various business verticals. KEC has secured orders for transmission and distribution...

The Central Electricity Regulatory Commission (CERC) has approved Indian Energy Exchange’s (IEX) proposal to revise its green contracts to align with the Ministry of Power’s updated renewable consumption obligation framework, replacing the earlier...

The Appellate Tribunal for Electricity (APTEL) has rejected two interim applications filed by Bangalore Electricity Supply Company (BESCOM) seeking a stay of the Karnataka Electricity Regulatory Commission’s (KERC) orders condoning delays by...

The Central Electricity Regulatory Commission (CERC) has proposed changes to the framework governing deviation settlement, infirm power injection, and payment timelines. The draft CERC (DSM and Related Matters) (Third Amendment) Regulations, 2026,...

Mumbai-headquartered renewable energy solutions provider Clean Max Enviro Energy Solutions (CleanMax) announced that it secured nearly $575 million to expand its solar and wind projects in India. The financing will support large-scale, Central...

Uttar Pradesh-based renewable energy company Solarworld Energy Solutions reported consolidated revenue from operations of ₹5.92 billion (~$61.94 million) in the fourth quarter (Q4) of the financial year (FY) 2026, up 236% compared to ₹1.76 billion...