In 2025, inverter shipments to solar projects in India increased 40.8% compared to 2024, driven by record installations and a strong project pipeline targeted for commissioning in the first half of 2026, ahead of the phased reduction in interstate...

From: Mercom Capital Group Matrix Renewables, an independent power producer, has secured £245 million (~$332 million) in non-recourse financing. The funding package was structured as an underwritten project finance facility, provided by CIBC (London...

From: Mercom Capital Group Contemporary Amperex Technology (CATL), a China-based battery manufacturing and technology company, announced the completion of a share placement of 62,385,000 new H shares in Hong Kong on April 30, 2026, raising HK$39.12...

Fuel cell and electrolyzer manufacturer Bloom Energy reported revenue of $751.1 million in the first quarter (Q1) of the financial year (FY) 2026, a 130.4% year-over-year (YoY) increase from $326 million. Revenue exceeded analyst estimates of $529...

The Central Electricity Regulatory Commission (CERC) has approved the deviations sought by Madhya Pradesh Power Management Company (MPPMCL) and Uttar Pradesh Power Corporation (UPPCL) from the standard bidding guidelines for the procurement of 500...

The Indian Energy Exchange (IEX) reported a monthly electricity traded volume of 12,341 million units (MU) in April 2026, increasing 16.6% year-over-year (YoY). India’s electricity consumption reached 154 billion units (BUs), up 4% YoY. April...

Contemporary Amperex Technology (CATL), a China-based battery manufacturing and technology company, announced the completion of a share placement of 62,385,000 new H shares in Hong Kong on April 30, 2026, raising HK$39.12 billion (~$5 billion) after...

NTPC Renewable Energy (NTPC REL) has floated two tenders inviting bids to supply the balance-of-system (BoS) for 2,100 MW of grid-connected solar projects in Andhra Pradesh. The last day to submit bids is June 5, 2026. Bids will be opened on the...