Electric vehicle (EV) sales in India reached a record 2.27 million units in 2025, an over 16% year-over-year increase from 1.95 million units sold in 2025. EVs accounted for 8% of overall automobile sales, according to data released by the Ministry...

Singapore-based Blueleaf Energy, owned by the Macquarie Asset Management Fund, in partnership with Universal Peak, has been selected by Malaysia’s Energy Commission to build and operate a 100 MW/400 MWh utility-scale battery energy storage...

The Uttarakhand Electricity Regulatory Commission (UERC) has decided to retain the existing time-of-day (ToD) tariff structure and defer any immediate changes to peak and off-peak hours, even as it initiates a formal consultation on introducing...

From: Mercom Capital Group Okovate Sustainable Energy, an agrivoltaic project developer, has announced the acquisition of assets from Fundusol, a modeling platform born out of Stanford University and Carnegie Mellon. Backed by the Schmidt Family...

From: Mercom Capital Group Serengeti Energy, an independent renewable power producer, closed $26 million in project financing from a syndicate of lenders for the development of the 32 MWp Ilute solar project located in Western Zambia. The financing...

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...

The Indian Energy Exchange (IEX) has traded a monthly electricity volume of 34.08 billion units (BU) during the third quarter (Q3) of the financial year (FY) 2026, an 11.9% year-over-year (YoY) increase. In December 2025, the exchange traded 11.44...

Bondada Engineering, a Hyderabad-based engineering, procurement, and construction (EPC) company, commissioned 120.46 MW of solar projects in December 2025 for Paradigm IT, Maharashtra State Power Generation Company, and NLC India. The projects are...