The  Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved an aggregate revenue requirement (ARR) of approximately ₹59.61 billion (~$630.22 million) and ₹255.41 million (~$2.7 million) for Uttar Pradesh Power Transmission Corporation...

The Rajasthan Electricity Regulatory Commission notified the regulations for virtual and group net metering for renewable energy projects roughly five months ago, but implementation has progressed slowly. Rooftop solar installers say that while the...

From: Mercom Capital Group U.K.-based Enviromena, an independent power producer, signed an £825 million (~$1.1 billion) senior portfolio financing package to support the expansion of its solar portfolio across the U.K. The transaction is...

From: Mercom Capital Group UK-based Exergy3, a thermal energy storage startup, raised £10 million (~$13.5 million) in a seed funding round, led by Axeleo Capital through its Article 9 Green Tech Industry I fund, with participation from Bayern...

Gurugram-based Battery Smart, a battery-swapping network for electric two- and three-wheelers operated by Upgrid Solutions, has secured $15 million in debt funding from Mirova, an affiliate of Natixis Investment Managers focused on sustainable...

The Karnataka High Court has issued an interim stay on the enforcement of the Central Electricity Regulatory Commission’s (CERC) revised deviation settlement mechanism (DSM) for renewable energy project developers. The stay will be in force until...

The Haryana Electricity Regulatory Commission (HERC) has approved Haryana Power Purchase Centre’s (HPPC) revised proposal to procure short-term round-the-clock (RTC) power of 390 MW in June, 687 MW in July, and 200 MW in August 2026 to manage...