The Maharashtra Electricity Regulatory Commission (MERC) has allowed Mindspace Business Parks, Gigaplex Estate, and KRC Infrastructure and Projects to withdraw their request for approval of a long-term power purchase agreement (PPA) to procure 60 MW...

India has operationalized a national compliance framework for renewable energy consumption with the Bureau of Energy Efficiency (BEE) issuing operational guidelines for the renewable consumption obligation (RCO) mechanism. The framework signifies a...

Inox Green Energy Services, Mitarsh Energy, Jakson Green, Inspire Clean Energy, and Sterling & Wilson emerged as the top solar project operations and maintenance (O&M) service providers in India for 2025, according to Mercom’s India Solar...

Amid global disruptions in fuel markets caused by the ongoing war in the Middle East, the International Renewable Energy Agency (IRENA) has proposed removing or reducing tariff and non-tariff barriers on imported renewable energy equipment for the...

NLC India has signed a loan agreement with Germany-based bank KfW for €100 million (~$117.32 million) to support its solar and energy storage projects. The loan will also enhance grid reliability, facilitate access to competitive financing, and...

ILOS Projects, a pan-European independent power producer backed by BNP Paribas Asset Management, has upsized its structured credit facility to €450 million (~$529 million) with EIG, an institutional investor in the global energy and infrastructure...

UK-based Exergy3, a thermal energy storage startup, has raised £10 million (~$13.5 million) in a seed funding round, led by Axeleo Capital through its Article 9 Green Tech Industry I fund, with participation from Bayern Kapital and Kibo Invest....

U.S.-based independent power producer Lydian Energy has acquired the 1.5 GW Atlas North portfolio, comprising solar plus battery energy storage systems (BESS), in North America from Hanwha Renewables, a utility-scale solar and BESS projects...