Electric vehicle manufacturer Ola Electric Mobility’s board of directors has approved a resolution to raise up to ₹15 billion (~$158.84 million) through the issuance of equity shares and other securities. The company may raise the funds by issuing...

Tunisia’s Ministry of Industry, Mines and Energy has awarded contracts to developers for 309 solar projects, with a cumulative capacity of 455 MW, under the sixth round of the country’s renewable energy authorization regime. The selected projects...

The Delhi Electricity Regulatory Commission (DERC) has rejected the petitioner, Bureau of Energy Efficiency’s (BEE) claim seeking a penalty of ₹125.44 million (~$1.33 million) from the New Delhi Municipal Council (NDMC) for non-compliance with...

Pharmaceutical company Shilpa Medicare will source 13 MW of solar power from NeoGreen Power in a group captive arrangement for its operations in Karnataka. NeoGreen Power will supply the power through the solar project of its subsidiary, NeoGreen...

Ceramic and vitrified tiles manufacturer Kajaria Ceramics has signed a long-term power purchase agreement (PPA) with Gurugram-based renewable energy solutions provider Sunsure Energy to procure 20 MW of solar and wind power for its manufacturing...

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has allowed Uttar Pradesh Power Corporation (UPPCL) to continue procuring electricity from certain renewable energy generators at the average power purchase cost (APPC) of the previous...

The Jharkhand State Electricity Regulatory Commission (JSERC) has rejected a steel rope manufacturing company’s petition seeking recalculation of its Renewable Purchase Obligation (RPO) liability by excluding electricity generated through its...

Hyderabad-based power electronics startup Leanwatts has raised approximately $2 million (₹181.5 million) in seed funding across two tranches, led by Trivest Partners, with participation from angel investors Abraham George and Alok Rungta. Leanwatts...

Indian Energy Exchange (IEX) recorded its highest-ever monthly electricity traded volume of 13,938 million units (MUs) in August 2026, an increase of 20.2% year-on-year (YoY). According to government data, India’s energy consumption touched 169.01...

The Middle East and North Africa (MENA) region’s cumulative solar and wind capacity is projected to reach 404 GW by 2035, up from 49 GW currently, according to BloombergNEF’s MENA Clean Energy Market Outlook 2026 report. The report stated that MENA...