The Union Cabinet has approved a program to promote the manufacturing of sintered rare earth permanent magnets (REPM) used in electric vehicles and renewable energy, with a financial outlay of ₹72.8 billion (~$815.73 million). The program aims to...

The Supreme Court of India directed the Maharashtra Electricity Regulatory Commission (MERC) to review the petitions challenging the impugned multi-year tariff (MYT) within 12 weeks. In a November 17, 2025, ruling remanding the matter to the MERC,...

Lending institutions are reporting a sharp rise in demand for clean-energy financing from India’s commercial and industrial (C&I) sector, as companies ramp up investments in rooftop solar, green energy open access, and energy efficiency measures...

The average system cost of large-scale solar projects remained low in the third quarter of 2025, with cost reductions seen across all module technologies. Projects using Indian TOPCon modules were the premium option in terms of cost, whereas...

China added 12.6 GW of solar power capacity in October 2025, rebounding after dipping to almost a three-year low in August. This is also a clear step up from September’s 9.66 GW, based on the National Energy Administration’s data. Even so,...

Utility-scale energy storage firm Fluence Energy recorded a revenue of $1.04 billion in the fourth quarter (Q4) of the fiscal year (FY) 2025, a 15% year-over-year (YoY) decrease. The revenue fell short of analysts’ estimates by $350 million....

Kolkata-based solar module manufacturer Vikram Solar has commissioned a 5 GW solar module manufacturing facility in Vallam, Tamil Nadu, increasing its total production capacity to 9.5 GW. The facility covers 27,000 square meters and has been...

Power Grid Corporation of India (POWERGRID) has invited bids to select a consortium partner to set up 1,000 MW/2,000 MWh of standalone battery energy storage systems (BESS) across seven substations in Andhra Pradesh. Bids must be submitted by...

Ahmedabad-based integrated power transmission equipment manufacturer, Diamond Power Infrastructure, has received a letter of intent to supply transmission conductors worth ₹2.76 billion (~$30.96 million) from Adani Energy Solutions for the Khavda...

Lineage Power, a material subsidiary of Pace Digitek, has received an order worth ₹1.9 billion (~$22.33 million) from Larsen & Toubro to supply 275,825 kWh of battery energy storage systems (BESS) in 55 integrated LiFePo4 liquid cooling...