Engineering, procurement, and construction (EPC) company Hartek Group has commissioned a 300 MW solar power project in Rajasthan. The company had won the contract from an independent power producer at an estimated cost of ₹4.74 billion (~$53...

Government-owned lignite mining and power generation company NLC India has commissioned 106 MW as part of the second phase of its 300 MW solar project at Barsingsar in Bikaner, Rajasthan. The first phase of the project, with a capacity of 52.83 MW,...

Fourth Partner Energy has closed a ₹7.8 billion (~$87.85 million) refinancing deal for most of its rooftop solar portfolio with NIIF Infrastructure Finance (NIIF IFL), a debt fund that provides financing solutions to operating infrastructure...

The Ministry of Power has asserted that government-owned distribution companies (DISCOM) will continue to operate alongside private licensees in a regulated, level-playing environment, while referring to the Electricity (Amendment) Bill, 2025. It...

The Indian Energy Exchange (IEX) has posted a revenue of ₹1.83 billion (~$20.63 million), a 9.2% YoY increase from ₹1.67 billion (~$18.82 million), in the second quarter of the financial year (FY) 2026. It earned a post-tax profit of ₹1.23 billion...

The global energy transition is falling behind as the world drifts further from its climate goals, according to Wood Mackenzie’s Energy Transition Outlook 2025–26. It warned that net zero target achievements are unlikely before 2060. Ten years after...

U.S.-based solar module manufacturer First Solar’s revenue rose 79.6% year-over-year (YoY) to $1.59 billion in the third quarter (Q3) of 2025 from $887.67 million. First Solar attributed the rise in revenue to an increase in volume of modules sold...

Maharashtra government-owned manganese ore mining company MOIL has invited bids for a 7 MW solar project at its Parsoda Mine site in the state’s Nagpur district. Bids must be submitted by December 8, 2025. Bids will be opened on December 10. The...

Ingka Investments, the investment arm of Ingka Group and the parent company of IKEA retail, has announced its first renewable energy investment in India, acquiring a 100% stake in a 210 MW solar project in Bikaner, Rajasthan. The project is part of...

Spain’s EPE Institute for Energy Diversification and Saving (IDAE) has approved the expansion of the budget allocation for non-repayable grants to support 2,416.54 MW of energy storage projects by 20% from €699.75 million (~$813.7 million) to €839....