Integrated home battery systems and virtual power plant (VPP) software provider, Lunar Energy, has raised $102 million in a Series D funding round led by B Capital and Prelude Ventures. Lunar Energy will utilize the funding to expand its hardware...

The Rajasthan Electricity Regulatory Commission (RERC) has approved the Procedure for Grant of Connectivity to the Intra-State Transmission System (InSTS), which seeks to streamline connectivity approval for entities seeking new or modified...

Integrated power company Tata Power posted a profit of ₹11.94 billion (~$132.01 million) in the third quarter (Q3) of the financial year (FY) 2026, a slight increase of 1% year-over-year (YoY) from ₹11.88 billion (~$131.3 million). The company said...

REC Power Development and Consultancy (RECPDCL) has invited bids to set up an interstate transmission system (ISTS) to evacuate power from 5 GW of green hydrogen projects in Visakhapatnam, Andhra Pradesh. The last date to submit bids is April 7,...

Haryana-based solar module manufacturer Saatvik Green Energy has invested ₹2.51 billion (~$27.75 million) in a 4 GW solar module manufacturing facility in Odisha. Saatvik Green subscribed to 8.5 million equity shares of Saatvik Solar Industries, a...

Aggressive bidding is rapidly becoming the defining feature of India’s energy storage tender landscape, raising concerns among stakeholders. As competition intensifies and tender volumes rise, discovered tariffs for battery energy storage systems...

Norway-based renewable energy solutions provider Scatec reported a revenue of NOK1.03 billion (~$106.3 million) in the fourth quarter (Q4) of 2025, declining 10.8% year-over-year (YoY) from NOK1.15 billion (~$119.23 million) Earnings before interest,...

UJVN, a Government of Uttarakhand undertaking, has invited bids for setting up a 30 MW/75 MWh standalone battery energy storage system (BESS) at the Dhakrani Hydro Electric Project in Dehradun district. Bids must be submitted by February 25, 2026....

The rapid increase in solar installations under Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) in Maharashtra is leading to developers facing high land-leasing costs and delays in project execution. The issue of higher land...