The Ministry of New and Renewable Energy (MNRE) has clarified that net billing, and virtual and group net metering will also be treated on a par with net metering provisions under the Approved List of Models and Manufacturers (ALMM) List-II. List-II...

Independent power producer JSW Energy has reported a revenue of ₹34.97 billion (~$408.93 million) in the fourth quarter (Q4) of the financial year (FY) 2024-25, a 21% year-over-year (YoY) growth from ₹28.79 billion (~$336.66 million). The company...

Hyderabad-based solar module manufacturer Surana Solar has announced the divestment of 49% of its equity stake in Surana Technologies, a wholly owned subsidiary. Baidyanath Power, a third-party entity not belonging to the promoter or group companies...

Solar module and cell manufacturer Premier Energies reported a total income of ₹16.80 billion (~$196.55 million) in the fourth quarter (Q4) of the financial year (FY) 2025, a 48% year-over-year (YoY) increase from ₹11.38 billion (~$133.10 million)....

When the PM Surya Ghar Muft Bijli Yojana was launched, it carried a bold promise. The goal was to help 10 million Indian households become prosumers through rooftop solar systems by March 2027.  However, over a year into its rollout, the program...

The European Bank for Reconstruction and Development (EBRD) provided a $30 million equity bridge loan to Obelisk Solar Power, a special purpose vehicle owned by Scatec. The funds will be utilized to construct a 1 GW solar power project with a 200...

China has overtaken Canada to return as the leading Lithium-Ion (Li-ion) supply-chain country in 2024, according to BloombergNEF’s (BNEF) fifth edition of the Global Lithium-Ion Battery Supply Chain Ranking. The rankings cover 30 countries’...

Solar module manufacturer Canadian Solar’s revenue for the first quarter (Q1) of 2025 dropped 10% year-over-year (YoY) to $1.19 billion, as module and battery energy storage system sales declined. However, the figure still surpassed analysts’...

REC Power Development and Consultancy (RECPDCL) has invited bids to establish an interstate transmission system (ISTS) in Davanagere and Chitradurga, Karnataka, to integrate renewable energy generation. The project will be executed on a build, own,...