Metafin, a solar financing platform focused on rural micro, small, and medium enterprises (MSMEs) and households, has secured a $10 million structured debt facility from global asset-backed credit provider Lendable. The funding will be used to...

The Karnataka Electricity Regulatory Commission (KERC) has issued a discussion paper proposing a generic ceiling tariff of ₹3.24 (~$0.0346)/kWh for wind power projects for the financial year (FY) 2026-27 to FY 2028-29. The proposed tariff is lower...

Wind turbine manufacturer Suzlon Group has secured a repeat wind turbine order of approximately 100 MW from Gas Authority of India (GAIL), marking the sixth project between the two companies and the fourth public sector undertaking (PSU) order won...

Türkiye expanded its solar energy capacity to 25,827 MW at the end of January 2026, from 40.2 MW in 2014. Solar accounted for 20.9% of total installed power capacity at the beginning of 2026. Solar electricity generation, which was 17 GWh in 2014,...

The Ministry of New and Renewable Energy (MNRE) called for strengthening its role, considering the rapidly expanding scale and strategic importance of renewables, to give greater institutional clarity for effective administration. The Ministry told...

Solar capacity in the United Arab Emirates (UAE) is projected to increase from 6.7 GW in 2025 to 32.3 GW by 2035, registering a compound annual growth rate of over 17%, according to GlobalData’s report, “United Arab Emirates Power Market Trends and...

Renewable energy solutions provider Canadian Solar’s revenue for the fourth quarter (Q4) of 2025 declined 20% year-over-year (YoY) to $1.22 billion, from $1.52 billion the previous year. Revenue was below guidance due to project sales being delayed...

The Karnataka Electricity Regulatory Commission (KERC) has introduced a framework to enhance energy efficiency, manage peak demand, and improve grid reliability through demand-side interventions and demand flexibility measures. The framework...

It’s not just large businesses; even apartment buildings are shifting to solar to reduce their common-area power costs. An apartment in Bengaluru reduced its common-area power expenditure by 30-40% with a 500 kW rooftop solar system. The L&...

Large industrial consumers with high power consumption are shifting to solar to benefit from lower power costs.  With the rooftop space remaining unused, businesses are setting up rooftop systems to avail power at stable costs for years. One such...