Finland-based TheStorage, a provider of industrial thermal energy storage solutions, has raised €3.6 million (~$4.2 million) in a seed funding round to scale its technology and accelerate commercial deployment. To date, TheStorage has raised a total...

Rooftop solar solutions and products company, Fujiyama Power Systems, has approved the acquisition of an additional 31% equity stake in Zayo Energy and Zayo Cables. Delhi-based Zayo Energy manufactures solar panel components, including ethylene...

The Solar Energy Corporation of India (SECI) has invited proposals from scheduled commercial banks and financial institutions for a term loan of up to ₹27.2 billion (~$289.6 million) to finance a 700 MW solar project at Radhanesda, Gujarat. Bids...

NTPC SAIL Power Company (NSPCL), a joint venture of NTPC and Steel Authority of India (SAIL), has invited bids for an engineering, procurement, and construction (EPC) package for a 20 MW floating solar project at Maroda Reservoir-2, in Bhilai,...

The Ministry of Power decided to eliminate the requirement for clearance from the Power Telecom Coordination Committee for transmission lines, effective July 1, 2026, to reduce delays in project execution. The decision was taken at a meeting chaired...

U.S.-based power producer NextEra Energy reported operating revenue of $6.7 billion for the first quarter (Q1) of 2026, a 7.3% year-over-year (YoY) increase from $6.25 billion in Q1 2025. The revenue, however, missed analysts’ expectations by $390...

The Bombay High Court has dismissed a writ petition challenging the Maharashtra Electricity Regulatory Commission’s (MERC) review order on tariff revisions, holding that the petitioners must avail themselves of the remedy before the Appellate...

India’s industrial sector is increasingly adopting rooftop solar to offset rising electricity costs and improve energy efficiency within existing infrastructure constraints. Large manufacturing units, in particular, are leveraging distributed solar...

Seven companies have won the Solar Energy Corporation of India’s (SECI) auction to install 5,665 kW rooftop solar projects under the renewable energy service company (RESCO) model on 14 government buildings (Tranche-VIII). The tender was floated in...