The Karnataka Electricity Regulatory Commission (KERC) has issued regulations governing the procedure, terms, and conditions for granting transmission licenses for intrastate transmission projects selected through tariff-based competitive bidding....

The Uttarakhand Electricity Regulatory Commission (UERC) has clarified that the Power Transmission Corporation of Uttarakhand (PTCUL) is not required to execute a separate connection agreement directly with consumers seeking a new EHV connection, an...

Vesper Energy, a U.S.-based utility-scale solar and battery storage project developer, has reached financial close on $236 million in debt financing for its 201 MW Nazareth Solar project in Swisher County, Texas. The financing package includes a...

Renewable energy company Avaada Group has secured $950 million in financing from a consortium of global and domestic banks for renewable energy projects in India. The financing covers the financial closure of its firm and dispatchable renewable...

Eelpower Energy, an energy storage project developer backed by Equitix, Aware Super, and the National Wealth Fund, has acquired the 50 MW/100 MWh Stoneworthy battery storage project in Great Britain from renewable energy company RES. The Stoneworthy...

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has adopted tariffs of ₹2.98 (~$0.0313)/kWh and ₹2.99 (~$0.0314)/kWh for the procurement of 165.5 MW of solar power under the PM KUSUM Component-C2 program. It also approved 29 power...

The Telangana Electricity Regulatory Commission (TGERC) has issued the Electricity Supply Code Third Amendment Regulation, 2026, requiring distribution companies (DISCOMs) to pay 18% interest per annum on excess amounts outstanding due to incorrect...

Government-owned lender Indian Renewable Energy Development Agency (IREDA) posted revenue of ₹21.75 billion (~$229 million) in the fourth quarter (Q4) of the financial year (FY) 2026, up 14% year-over-year (YoY) from ₹19.04 billion (~$200 million)....

The Rajasthan Rajya Vidyut Prasaran Nigam (RVPNL) has extended the time for implementing the standard operating procedure (SOP) for first-time charging (FTC) of battery energy storage systems installed at already commissioned and to-be-commissioned...

NTPC Renewable Energy (NTPC REL) has invited bids for an engineering, procurement, and construction (EPC) package for the development of 300 MW (1×300 MW) of grid-connected solar projects near Nokhra in Rajasthan. Bids must be submitted by June...