Verse, an energy management platform, has raised $54 million in an oversubscribed Series B funding round led by Bessemer Venture Partners. GV, NVIDIA, Norrsken VC, and other investors also participated in the round. The company said the funding will...

Rivington Energy, a developer and manager of renewable energy solutions, has sold a battery energy storage project in Yarnton, Oxfordshire, in the U.K., to funds managed by Schroders Greencoat. Schroders Greencoat is a renewables and energy...

Equitix, an investor, developer, and long-term fund manager of infrastructure assets, has secured €500 million (~$573 million) in project financing from UniCredit, an Italian multinational banking group headquartered in Milan. The financing is...

The Delhi High Court has dismissed petitions filed by Delhi’s power distribution companies (DISCOMs) challenging a notice issued by the Government of the National Capital Territory of Delhi (GNCTD) proposing that they be audited by the...

Gujarat Urja Vikas Nigam (GUVNL) has issued a request for selection (RfS) to set up 450 MW/900 MWh of battery energy storage systems in Gujarat, with viability gap funding supported through the power system development fund (Phase-IX). Bids must be...

India may struggle to meet its 100 GW wind energy target for 2030, with current installed capacity and a modest pipeline falling short of the required pace. According to Mercom India Renewable Energy Project Tracker, the country has a total...

The Fertilizers and Chemicals Travancore (FACT) has invited bids to set up a 6 MW grid-connected floating solar project at Ambalamedu Lake in the Ernakulam district, Kerala. The project will be developed under a build-own-operate-and-transfer model....

Origis Energy, a U.S.-based renewable energy project developer, has closed a $900 million corporate credit facility comprising $650 million in funded credit facilities and a $250 million letter-of-credit facility. First Citizens Bank, ING Capital,...

Permanent Power Company, an energy holding platform operating and developing solar and storage projects, has secured approximately $600 million in construction financing for its Grape solar and battery energy storage project in California. Permanent...