IndiGrid Investment Managers (IIML), the investment management arm of IndiGrid, a Mumbai-based power transmission and renewable energy company, has approved a board resolution to raise ₹15 billion (~$169 million). The fundraise may be carried out...

Surat-based renewable energy solutions provider KPI Green Energy has signed contracts with SJVN for the engineering, procurement, and construction (EPC) of a 200 MW solar project at the Gujarat Industries Power Company Renewable Energy Park in...

KP Group, through its group entities, KPI Green Energy, KP Energy, and KP Green Engineering, has entered into a framework agreement with wind turbine manufacturer Senvion India to jointly develop up to 2 GW of wind and wind-solar hybrid projects...

The Gujarat Electricity Regulatory Commission (GERC) has adopted the tariffs discovered by Gujarat Urja Vikas Nigam (GUVNL) to procure 500 MW of solar power under its Phase XXVII tender. The Commission approved the discovered tariff range of ₹2.44...

Decarbonization solutions company ReNew will invest approximately ₹600 billion (~$6.76 billion) to set up multiple green energy projects in Andhra Pradesh. This adds to the committed investment of roughly ₹220 billion (~$2.48 million) announced in...

The Union Cabinet approved the specification or revision of the royalty rates for caesium, graphite, rubidium, and zirconium to promote the auction of blocks containing these minerals, which are used in renewable energy technologies. The royalty...

Noida-based automotive component manufacturer Samvardhana Motherson International’s board of directors has approved the acquisition of Onega Solar, a special purpose vehicle created to build a 15 MW group captive solar project in Uttar Pradesh. The...

Solar glass manufacturer Borosil Renewables reported a revenue of ₹3.8 billion (~$42.7 million) for the second quarter (Q2) of the financial year (FY) 2026, a 1.5% year-over-year (YoY) increase from ₹3.73 billion (~$42.05 million). Profit after tax...

U.S.-based residential solar and battery storage provider Sunrun reported total revenues of $724.6 million for the third quarter (Q3), a 35% year-over-year (YoY) increase from $537.2 million. The company attributed the revenue growth to increased...