The Central Electricity Regulatory Commission (CERC) has partly approved the adoption of tariffs discovered through a competitive bidding process for firm and dispatchable renewable energy (FDRE) procured by NHPC, while curtailing the allocation of...

Hyderabad-based Bondada Engineering has commissioned 69.51 MW of solar projects for three companies during January 2026. The projects were executed for Paradigm IT, Maharashtra State Power Generation Company (MAHAGENCO), and NLC India across...

Bid prices in the battery energy storage system (BESS) market are declining sharply, driven by viability gap funding (VGF) support and intense competition. While VGF has reduced upfront project costs, it has also spurred aggressive bidding that may...

Global energy transition investment reached $2.3 trillion in 2025, up 8% from a year earlier, while investment in the clean energy supply chain rose to $127 billion, according to BloombergNEF’s (BNEF) Energy Transition Investment Trends 2026 report....

Saudi Arabia and Türkiye have signed a strategic agreement to develop up to 5 GW of renewable energy projects in Türkiye, primarily focused on solar power. The projects will be implemented in two phases, with Phase One involving a $2 billion...

Adani Energy Solutions (AESL) has secured long-term financing from a consortium of Japanese banks, led by MUFG Bank and Sumitomo Mitsui Banking Corporation, for its ±800 kV high-voltage direct current (HVDC) transmission project to evacuate 6,000 MW...

The board of directors of government-owned lender, Indian Renewable Energy Development Agency (IREDA), has approved a fundraise of ₹29.94 billion (~$330.14 million) through a qualified institutions placement (QIP). IREDA said the Indian government’s...

Philippines-based renewable energy company ACEN Renewables International, a subsidiary of ACEN Corporation, has consolidated its joint venture (JV) with UPC Renewables, taking 100% ownership of the JV. Through this acquisition, ACEN will add 819 MW...

NTPC Renewable Energy (NREL) has issued an engineering, procurement, and construction (EPC) tender for a grid-connected 250 MW/1,000 MWh battery energy storage system (BESS) at its Bikaner Solar project in Rajasthan. Bids must be submitted by March...

Tamilnadu Petroproducts will procure approximately 13.2 MW of solar power from Navia Three Power (NTPPL), a special-purpose vehicle (SPV) of renewable energy solutions company Zelestra, as a captive consumer. The company will invest ₹73.26 million...