Microinverter and battery storage supplier Enphase Energy reported revenue of $291.85 million in the second quarter (Q2) of 2026, down 20% year-over-year (YoY) from $363.15 million. Revenue increased 3% sequentially from $282.9 million in the first...

The board of Mumbai-based Transrail Lighting, an engineering, procurement, and construction (EPC) company focused on power transmission and distribution infrastructure, has approved a proposal to raise up to ₹6 billion (~$62.72 million) through a...

Mahagenco Renewable Energy (MahaGenco REL), a wholly owned subsidiary of Maharashtra State Power Generation Company, has invited expressions of interest for offtake of green hydrogen and green ammonia from its production facility at Uran in...

The Ministry of New and Renewable Energy (MNRE) has said distribution companies (DISCOMs) may use funds remaining with them under the ‘Incentives to DISCOMs’ component of the PM Surya Ghar: Muft Bijli Yojana program for battery energy storage...

The Uttarakhand Electricity Regulatory Commission (UERC) has rejected Uttarakhand Jal Vidyut Nigam’s (UJVN) petition seeking restoration of the earlier benchmark capacity charge for standalone battery energy storage system (BESS) projects. The...

The Ministry of New and Renewable Energy (MNRE) said it has received several complaints about incorrect electricity bills issued by distribution companies (DISCOMs) following the installation of residential rooftop solar systems. The complaints are...

Gurgaon-based independent power producer ACME Solar Holdings has secured a ₹34.05 billion (~$356 million) long-term project financing loan from Power Finance Corporation (PFC) for its 250 MW firm and dispatchable renewable energy (FDRE) project,...

The Ministry of New and Renewable Energy (MNRE) has issued an advisory to distribution companies (DISCOMs) and electricity departments recommending that they allow a capacity tolerance of up to 10% in the direct current (DC) capacity of rooftop...

India has made significant headway in expanding its solar module and cell manufacturing capacities over the years. However, a globally competitive manufacturing ecosystem also requires a robust domestic supply chain for balance-of-system (BoS) and...