NLC India announced the winner of its auction to set up a 250 MW/500 MWh battery energy storage system (BESS) at the Tamil Nadu Transmission Corporation’s substations. The tender was floated in January this year. The scope of work entails the design,...

The Tripura Electricity Regulatory Commission (TERC) has approved the tariffs for Tripura State Electricity Corporation (TSECL) for the financial year ending March 2027. The order covers the truing-up for the year ended March 2025, the annual...

U.S.-based energy storage solutions provider Eos Energy Enterprises posted revenue of $57 million in the first quarter (Q1) of 2026, up 444.7% year-over-year (YoY) from $10.5 million, exceeding analysts’ expectations by $563,000. The company...

Crux, a clean energy finance platform, has closed a $500 million debt financing facility with Nuveen Energy Infrastructure Credit, Nuveen’s infrastructure credit investment platform. Skadden, Arps, Slate, Meagher & Flom served as...

The Uttarakhand Electricity Regulatory Commission (UERC) has proposed a resource adequacy framework for the state’s power sector to ensure the availability of sufficient capacity to meet electricity demand reliably. The framework will apply to...

Japan’s Organization for Cross-regional Coordination of Transmission Operators (OCCTO) has announced the results for the FY 2025 Long-Term Decarbonized Power Source Auction, selecting 28 winners, which included winners for 10 lithium-ion (Li-ion),...

The Gujarat Electricity Regulatory Commission (GERC) has approved Gujarat Urja Vikas Nigam’s (GUVNL) petition to adopt tariffs for 500 MW of wind power capacity. The procurement includes 250 MW of base capacity and an additional 250 MW under the...

The Gujarat Electricity Regulatory Commission (GERC) has approved tariffs ranging from ₹210,000 (~$2,179.66)/MW/month to ₹212,000 (~$2,200.42)/MW/month for Gujarat Urja Vikas Nigam’s (GUVNL) procurement of 335 MW/670 MWh energy storage capacity....

The decks have been cleared for the merger of REC Limited with the Power Finance Corporation (PFC), with the boards of the two government-owned companies approving the proposal made in the Union Budget 2026-27. In separate filings on the BSE, the...