State-owned lender to the energy sector, Power Finance Corporation’s (PFC) revenue for the first quarter (Q1) of the financial year (FY) 2026-27 remained flat at ₹285.27 billion (~$2.98 billion), compared to ₹285.39 billion (~$2.98 billion) during...

The Ministry of New and Renewable Energy (MNRE) has added 7,632 MW of solar cell capacity under the Approved List of Models and Manufacturers (ALMM) List-II in its ninth revision. The total enlisted capacity under ALMM-II has expanded to 39,391 MW....

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has invited bids to install 2.5 MW of hybrid rooftop solar systems with hybrid inverters and battery backup at multiple government buildings under the capital expenditure mode....

A Central Electricity Authority (CEA) committee has recommended setting up a formal institutional framework to drive the indigenization of Supervisory Control and Data Acquisition (SCADA) software and hardware and eliminating import dependence by...

China-based photovoltaic-grade polysilicon manufacturer Daqo New Energy reported a revenue of $62.66 million in the second quarter (Q2) of 2026, a 16.7% year-over-year (YoY) decline from $75.19 million. The quarterly revenue beat analysts’ estimates...

India imported solar cells and modules valued at $1.26 billion (~₹119.41 billion) in the second quarter (Q2) of 2026, up 50.3% year-over-year (YoY) compared to $839.49 million (~₹71.85 billion), according to data from the Department of Commerce. As...

Swift Current Energy, a renewable energy project developer, has closed a $750 million corporate credit facility that includes a $250 million accordion option that could increase its total capacity to up to $1 billion. The company said the...

Norway-based renewable energy solutions provider Scatec posted revenue of NOK1.37 billion (~$147.3 million) in the second quarter (Q2) of 2026, up 4% year-over-year (YoY) from NOK1.32 billion (~$141.6 million). Earnings before interest, taxes,...