JBM ECOLIFE Mobility, a subsidiary of electric bus manufacturer JBM Auto, has secured a ₹7.5 billion (~$79.4 million) investment from Motilal Oswal Alternates, the alternative investment arm of Motilal Oswal Group, to expand its electric bus...

The Ministry of Heavy Industries (MHI) has brought electric ambulances (e-ambulances) under the ambit of the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) program and earmarked ₹5 billion (~$53 million) to support the...

India’s renewable energy generation, excluding large hydropower, is expected to rise 4.6% from 310.59 billion units (BU) in the financial year (FY) 2026 to 325 BU in FY 2027, according to the Central Electricity Authority’s (CEA) Load Generation...

Maharashtra’s recent rooftop solar policy revisions have fundamentally altered project economics, making the viability of solar-plus-storage systems increasingly dependent on their ability to offset peak-hour tariffs rather than monetize surplus...

The Central Electricity Regulatory Commission (CERC) has rejected a developer’s petition seeking extension of the start date of connectivity for a 700 MW solar power project in Maharashtra from March 31, 2026, to September 30, 2027. The Commission...

The Karnataka Electricity Regulatory Commission (KERC) has proposed reducing levelized generic tariffs for distributed and ground-mounted solar projects serving domestic and non-domestic consumers. It proposed a levelized tariff of ₹2.65 (~$0....

Create Energy, an advanced energy and electrical power system solutions provider, has acquired SOL Components, a solar mounting and tracker company, from Kloeckner Metals to expand its energy systems platform and solar tracker portfolio. The...

Nautilus Solar Energy, a U.S.-based community solar company, has renewed its construction debt facility with a total commitment of $600 million. National Bank of Canada Capital Markets, Royal Bank of Canada, and Export Development Canada served as...

The Indian Institute of Technology (IIT) Palakkad has invited bids for the supply, installation, testing, and commissioning of a 1,252 kW solar power generation system at its Sahyadri and Nila campuses in Kerala as part of the construction of its...