Over the last five financial years, public sector banks, government-owned/controlled financial institutions, and foreign direct investments have cumulatively invested around ₹7.16 trillion (~$79.13 billion) in India’s renewable energy sector....

Solar and battery solutions provider T1 Energy has begun construction of its G2_Austin TOPCon solar cell manufacturing facility in Milam County, Texas. The facility is expected to receive $400 million to $425 million in investment. The company had...

South Africa’s Department of Electricity and Energy has selected four additional solar projects with a total capacity of 890 MW under the seventh bid window of the country’s Renewable Energy Independent Power Producer Procurement Program (REIPPPP)....

ACME Solar Holdings has secured a debt tie-up of ₹47.2 billion (~$519.2 million) from Indian financial institutions to fund the construction of renewable energy projects and optimize its capital structure by reducing financing costs. Out of the...

The board of directors of renewable energy solutions provider KPI Green Energy has approved a proposal to raise ₹4.75 billion by issuing 10.1 million fully convertible equity warrants to the promoter group entity Quyosh Energia. Quyosh Energia holds...

The Central Electricity Regulatory Commission (CERC) has approved the adoption of the tariff discovered through competitive bidding for a 300 MW interstate transmission system connected wind power project awarded by the Solar Energy Corporation of...

The Uttar Pradesh Electricity Regulatory Commission approved the tariffs and the execution of 25 power purchase agreements for grid-connected solar power projects with an aggregate capacity of 71.9 MW. The accepted tariffs ranged from ₹2.79 (~$0....

Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) has issued a tender for land development and power evacuation works for a 3 MW solar project with a 33 kW substation for the National Cancer Institute, Nagpur, Maharashtra. The...

Europe’s battery energy storage system (BESS) market has matured, with deployments reaching 11 GW in 2024. Installations are expected to grow 45% year-over-year (YoY) to 16 GW by the end of 2025, according to new analysis from Wood Mackenzie. By...