Solar continued to dominate India’s renewable energy landscape. Installed solar capacity reached 163.7 GW, accounting for 29.7% of the country’s total power capacity and 56.4% of its renewable energy capacity. The addition of new projects during the...

Mahagenco Renewable Energy (MahaGenco REL) has invited bids to prepare detailed project reports (DPR) for two pumped storage power projects with a combined capacity of 2,200 MW in Maharashtra. The last date to submit bids is August 21, 2026. Bids...

As manufacturers invest in backward integration, advanced technologies, and exports, India’s solar manufacturing segment is entering a phase where competitiveness will increasingly depend on innovation, quality, and supply chain resilience...

U.S.-based power producer NextEra Energy reported operating revenue of $7.53 billion for the second quarter (Q2) of 2026, a 12.4% year-over-year (YoY) increase from $6.7 billion. Revenue missed analysts’ expectations by approximately $640 million....

The Indian Energy Exchange (IEX) reported revenue from operations of ₹1.58 billion (~$16.33 million) in the first quarter (Q1) of the financial year (FY) 2027, an 11.4% year-over-year (YoY) increase from ₹1.42 billion (~$14.66 million). IEX’s profit...

The Lebanon Electricity Regulatory Authority (ERA) has invited expressions of interest (EOIs) for developing up to five grid-connected solar projects with a combined installed capacity of 350 MWp and battery energy storage systems (BESS) totaling 1,...

CS PowerTech, the U.S. manufacturing subsidiary of Canadian Solar, has inaugurated the first phase of its solar cell manufacturing facility in Jeffersonville, Indiana. Once fully built out, the facility is expected to have an annual production...

Bondada Engineering (BEL) has acquired a 60% equity stake in Onix IPP, which entitles the company to a controlling interest in a 225 MW solar power project in Maharashtra, under the Mukhyamantri Saur Krushi Vahini Yojana 2.0. Onix IPP is a special...

Grenergy, a Spanish clean energy producer, has closed €100 million (~$117.7 million) in senior non-recourse financing, including credit facilities, for its 618 MWh Oviedo standalone battery energy storage project in Spain. Santander and Sumitomo...

Greenvolt Power, a developer of wind, solar, and battery energy storage projects, and part of the Greenvolt Group, has signed an agreement to sell a 57.47 MW solar project in Hungary to PPC Group, a Greece-based electric power and natural gas...