Mahasamruddhi Renewable Energy (MREL), a special purpose vehicle of the Maharashtra State Road Development Corporation, has invited bids for the long-term purchase of 164 MW of solar power under open access from its projects along a highway...

Japan-based multinational electronics manufacturer Panasonic has announced discontinuing its solar and battery storage business. “We have made the decision to discontinue our solar and battery storage business line. This change allows us to...

Electric two-wheeler company Ather Energy’s ₹31 billion (~$363.92 million) initial public offering (IPO) was oversubscribed 1.43 times at the end of the bidding window on April 30, 2025. The price band was set at ₹304-₹321 (~$3.56-$3.76) per equity...

The Tamil Nadu Electricity Regulatory Commission (TNERC) has approved an additional surcharge of ₹0.10 (~$0.00117)/kWh for open access consumers procuring power from sources other than the Tamil Nadu Power Distribution Corporation (TNPDCL),...

U.S.-based solar module manufacturer First Solar reported a revenue of $844.57 million in the first quarter (Q1) of 2025, a 6.4% year-over-year (YoY) increase from $794.11 million. The revenue was in line with analysts’ expectations. The decrease in...

The Jharkhand Renewable Energy Development Agency (JREDA) has invited bids for rate contracts to select agencies for the comprehensive operation and maintenance (O&M) of a cumulative 3.9 MW of rooftop solar power projects for five years. The...

The Telangana Electricity Regulatory Commission (TGERC) has approved the procurement of 4,000 MW of solar power and the associated power purchase agreements (PPAs) from projects under Component-A of the Pradhan Mantri Kisan Urja Suraksha evam...

The Uttar Pradesh New and Renewable Energy Development Agency invited bids to set up 110 MW of solar power projects in Kanpur Dehat and Kanpur Nagar solar parks. The projects comprise 35 MW of solar projects in Kanpur Nagar solar park and 75 MW...

From: Mercom Capital Group Exowatt, a provider of thermal energy storage solutions, secured $70 million in a Series A funding round led by Felicis, a venture capital firm in Silicon Valley. Among the $70 million raised, $35 million comes from debt...