U.S.-based Octillion Power Systems, a supplier of battery systems for electric vehicles, has opened its third manufacturing facility in India in Halol, Gujarat, adding more than 3 GWh of annual battery production capacity. The facility spans more...

European Energy, a renewable energy project developer, has reached financial closure of €234.1 million (~$270 million) for a 225 MW agrivoltaic project in Vizzini, Sicily, Italy. European Energy arranged the financing on behalf of Sun Project, the...

UltraTech Cement, an Aditya Birla Group company, will procure solar power from a 65 MW project being developed by Waaree Forever Energies’ special purpose vehicle (SPV), Solaris Horizon Energy in Chhattisgarh. The company will invest up to ₹277.55...

Electric mobility-as-a-service company Yulu has raised $93 million in a Series C funding round led by GEF Capital Partners. The funding comprises $63 million in equity and $30 million in debt. The Bengaluru-based company plans to use the proceeds to...

The Godavari Marathwada Irrigation Development Corporation (GMIDC) has invited expressions of interest (EOIs) to develop a 170 MW AC floating solar project with a battery energy storage system (BESS) in Maharashtra. The project will be located at...

Waaree Transpower, the transformer solutions subsidiary of Waaree Energies, has secured an order worth approximately ₹1.6 billion (~$16 million) to supply 8.3 MVA medium-voltage (MV)  applications from an undisclosed global energy storage technology...

DNH and DD Power Corporation (DNHDDPCL) has invited expressions of interest to empanel agencies to install 5,000 grid-connected rooftop solar systems in the Union Territory of Dadra and Nagar Haveli and Daman and Diu. The projects will be installed...

The Ministry of New and Renewable Energy (MNRE) has approved the continuation of the Human Resource Development (HRD) Program in New and Renewable Energy from financial year (FY) 2027 to FY 2031, with a fresh financial outlay of ₹2 billion (~$21...

Renewable energy company ACME Solar Holdings has completed the refinancing of ₹21.47 billion (~$225.01 million) of debt by redeeming existing non-convertible debentures issued by 12 operational special purpose vehicles (SPVs) with a cumulative solar...

Energy storage solutions provider Amara Raja Energy and Mobility reported revenue from operations of ₹42.15 billion (~$442.58 million) in the first quarter (Q1) of the financial year 2027, up 23.9% year-over-year (YoY) from ₹34.01 billion (~$357.12...