From: Mercom Capital Group Pivot Energy, a distributed solar and energy storage developer and independent power producer, has secured a $500 million corporate credit facility from Nuveen Energy Infrastructure Capital. The three-year bilateral...

From: Mercom Capital Group Australian battery energy storage developer Akaysha Energy has refinanced its existing project-level debt through an A$1.75 billion (~$1.2 billion) portfolio-level financing facility to support its battery storage...

The Central Electricity Regulatory Commission (CERC) has approved the tariff for SJVN’s procurement of 448 MW of firm and dispatchable energy (FDRE) on a round-the-clock basis from interstate transmission-connected renewable energy projects. The...

Power equipment manufacturer Transformers and Rectifiers (TARIL) has announced an investment of ₹12.5 billion (~$131.45 million) to develop three greenfield projects to manufacture transformer components at its Chiyada complex in Gujarat. The...

The Appellate Tribunal for Electricity (APTEL) has remanded the claim for a higher tariff for a developer’s 2 MW solar project in Karnataka to the Karnataka Electricity Regulatory Commission (KERC) for fresh determination. The Tribunal directed KERC...

Public infrastructure finance company REC reported a revenue from operations of ₹150 billion (~$1.58 billion), down 1% year-over-year (YoY) from ₹151.53 billion (~$1.59 billion). The company’s net profit declined 21.2% YoY to ₹34.78 billion...

The Central Electricity Regulatory Commission (CERC) has allowed an extension of the scheduled commercial operation date (SCOD) for a 250 MW wind-solar hybrid project in Gujarat until June 30, 2026, enabling the developer to claim a 100% waiver of...

Rewa Ultra Mega Solar  (RUMSL) has invited bids to construct power evacuation infrastructure for the 600 MW Morena Solar Park in Madhya Pradesh. The project involves the construction of two 33/220 kV pooling substations and a 220 kV double-circuit...