Engineering, procurement, and construction (EPC) firm Soleos Solar Energy has raised ₹200 million (~$2.26 million) from Gujarat Venture Finance to accelerate its next phase of business expansion. The company will utilize this funding to scale its...

Solar module manufacturer Vikram Solar’s total income for the second quarter (Q2) of the financial year (FY) 2026 rose 93.7% year-over-year (YoY) to ₹11.10 billion (~$126.27 million) from ₹5.73 billion (~$65.18 million). The company’s earnings...

Uttar Pradesh-based renewable energy company Solarworld Energy Solutions‘ total income for the first quarter (Q1) of the financial year (FY) 2026 rose 241.8% year-over-year (YoY) to ₹805.5 million (~$9.16 million) from ₹235.7 million (~$2.68...

The ministry has confirmed that non-DCR modules cannot be used in Component C projects, except where the LoA was issued on or before March 31, 2024. This condition applies even to developers who choose to forgo central financial assistance.The...

The installed renewable energy worldwide is expected to increase by 4,600 GW by 2030, according to the International Energy Agency’s (IEA) latest ‘Medium-Term Forecast’ report. The growth is being driven primarily by solar installations, which will...

The total demand for copper is forecasted to rise 24% to 42.7 million tons per annum (MTPA) under the base case, largely driven by global economic development and electrification, according to a Wood Mackenzie report. The report titled “High-wire...

The Pennsylvania-New Jersey-Maryland (PJM) interconnection must deploy at least 16 GW of energy storage by 2032 and 23 GW by 2040 to ensure system reliability, according to a new report from the U.S. Energy Storage Coalition. The report finds that...