AXIAN Energy, an Arica-based renewable energy developer and a subsidiary of the AXIAN Group, has signed a $60 million financing facility with Mauritius Commercial Bank (MCB), a financial institution operating in the Indian Ocean region. The package...

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has invited bids for consultancy support to determine tariffs for renewable energy projects in the state. The last date to submit bids is July 14, 2026. Bids will be opened on July 20....

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has finalized the 2026 Grid Code to align the state’s grid operation framework with the Indian Electricity Grid Code. Stakeholders that submitted comments included Himachal Pradesh State...

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved 44 power purchase agreements (PPAs) signed by Uttar Pradesh Power Corporation (UPPCL) to procure 130.1 MW of solar power under Component C-2 of the Pradhan Mantri Kisan Urja...

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved UP Power Corporation’s (UPPCL) proposal for joint procurement of 1,130 MWh battery storage capacity in association with the Madhya Pradesh Power Management Company (MPPMCL) for...

Chrysalis Renewables, a global renewables investment platform established by global infrastructure manager Morrison, has acquired the Atlas V and Atlas VI solar projects in the U.S. from Hanwha Renewables, a utility-scale solar and energy storage...

JBM ECOLIFE Mobility, a subsidiary of electric bus manufacturer JBM Auto, has secured a ₹7.5 billion (~$79.4 million) investment from Motilal Oswal Alternates, the alternative investment arm of Motilal Oswal Group, to expand its electric bus...

The Ministry of Heavy Industries (MHI) has brought electric ambulances (e-ambulances) under the ambit of the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) program and earmarked ₹5 billion (~$53 million) to support the...

India’s renewable energy generation, excluding large hydropower, is expected to rise 4.6% from 310.59 billion units (BU) in the financial year (FY) 2026 to 325 BU in FY 2027, according to the Central Electricity Authority’s (CEA) Load Generation...

Maharashtra’s recent rooftop solar policy revisions have fundamentally altered project economics, making the viability of solar-plus-storage systems increasingly dependent on their ability to offset peak-hour tariffs rather than monetize surplus...