State-owned lender to the energy sector, Power Finance Corporation (PFC), has reported consolidated revenue from operations of ₹289.20 billion (~$3.03 billion) in the fourth quarter (Q4) of the financial year (FY) 2026, down 1.2% year-over-year...

The Energy Efficiency Services (EESL), a government entity under the administrative control of the Ministry of Power (MoP), has issued an expression of interest for feasibility studies and detailed project reports (DPRs) for ground-mounted, rooftop,...

The Chhattisgarh State Electricity Regulatory Commission (CSERC) has proposed a generic levelized tariff of ₹3.40 (~$0.04)/kWh for solar photovoltaic projects between 500 kW and 2 MW and ₹4.95 (~$0.05)/kWh for biogas-based power projects to be...

The Central Electricity Regulatory Commission (CERC) has approved annual transmission charges of ₹23.92 billion (~$249.86 million) for the interstate transmission system (ISTS) project to evacuate 8 GW of power from the renewable energy zone in...

Sunraycer Renewables, a developer, owner, and operator of clean energy power sites, has closed a $901 million project financing facility to support three solar and battery storage projects in Texas. The financing was provided by MUFG Bank, Ally Bank,...

OCI Energy, a utility-scale solar and battery storage project developer, and Arava Power, an Israeli utility-scale renewable energy company, have signed a Membership Interest Purchase Agreement (MIPA) for La Salle Solar, a 670 MW solar project in La...

The Central Electricity Authority (CEA) has proposed a national framework to rationalize fixed charges and redesign retail tariffs to improve the recovery of fixed costs incurred by distribution companies (DISCOM). The report, titled “Report on...

Consumers in India are increasingly turning to solar to lower their power costs and reduce dependence on conventional energy sources. While commercial, industrial, and residential consumers continue to help drive clean energy adoption, government...

India installed 15.3 GW of solar capacity in the first quarter (Q1) of 2026, its highest-ever quarterly total, according to Mercom India’s Q1 2026 India Solar Market Update Report. Additions rose more than 143% year-over-year (YoY) from 6.3 GW in Q1...