Adani Energy Solutions (AESL) has secured long-term financing from a consortium of Japanese banks, led by MUFG Bank and Sumitomo Mitsui Banking Corporation, for its ±800 kV high-voltage direct current (HVDC) transmission project to evacuate 6,000 MW...

The board of directors of government-owned lender, Indian Renewable Energy Development Agency (IREDA), has approved a fundraise of ₹29.94 billion (~$330.14 million) through a qualified institutions placement (QIP). IREDA said the Indian government’s...

Philippines-based renewable energy company ACEN Renewables International, a subsidiary of ACEN Corporation, has consolidated its joint venture (JV) with UPC Renewables, taking 100% ownership of the JV. Through this acquisition, ACEN will add 819 MW...

NTPC Renewable Energy (NREL) has issued an engineering, procurement, and construction (EPC) tender for a grid-connected 250 MW/1,000 MWh battery energy storage system (BESS) at its Bikaner Solar project in Rajasthan. Bids must be submitted by March...

Tamilnadu Petroproducts will procure approximately 13.2 MW of solar power from Navia Three Power (NTPPL), a special-purpose vehicle (SPV) of renewable energy solutions company Zelestra, as a captive consumer. The company will invest ₹73.26 million...

Prostarm Info Systems has won South Eastern Railway’s auction to set up 2.059 MW rooftop solar systems under the Santragachi division in Howrah, West Bengal. Prostarm won the project at a contract value of ₹134.3 million (~$1.48 million). The tender...

The Andhra Pradesh Electricity Regulatory Commission (APERC) has directed all power distribution companies (DISCOMs) in the state to implement monthly energy settlement and billing for solar rooftop prosumers with immediate effect. The Commission...

The Bihar Electricity Regulatory Commission (BERC) has approved a proposal by Bihar State Power Holding Company (BSPHCL) to procure 190 MW of assured peak power supply through an interstate transmission system (ISTS)–connected wind–solar hybrid...

Mumbai-based Radiance Renewables, a clean energy firm backed by Eversource Capital, has raised about $100 million in equity funding from two major international investors — Impact Fund Denmark and the Dutch entrepreneurial development bank FMO....

UJVNL, a Government of Uttarakhand undertaking, has floated a tender to set up a 16 MW/40 MWh battery energy storage system (BESS) at the Pathri substation and hydroelectric project in Uttarakhand’s Haridwar district. The projects will receive...