The Ministry of New and Renewable Energy (MNRE) has clarified the applicability of the Approved List of Models and Manufacturers (ALMM) List II for solar cells across multiple categories of solar projects. The clarification covers projects awarded...

The Indian Energy Exchange (IEX) traded 13,527 million units (MU) of electricity in July 2026, a 7.7% year-over-year (YoY) increase. According to government data, India’s energy consumption reached 170.70 billion units (BU) in July 2026, up 10....

Gujarat-based Torrent Power posted revenue of ₹81.24 billion (~$852.21 million) in the first quarter (Q1) of the financial year (FY) 2026-27, an increase of 3% year-over-year (YoY) from ₹79.06 billion (~$829.34 million). Revenue growth can be...

Solar Energy Corporation of India (SECI) has invited bids to select a collaboration partner to trade renewable power available from its existing and upcoming portfolio. The last day to submit bids is September 7, 2026. Bids will be opened on...

India has supported rooftop solar installations for over 5 million households under the PM Surya Ghar: Muft Bijli Yojana since its launch in February 2024; the Ministry of New and Renewable Energy (MNRE) has announced. The Surya Ghar program has...

U.S.-based solar tracker firm Nextpower reported a revenue of $935 million in the first quarter (Q1) of fiscal year (FY) 2027, an 8.2% year-over-year (YoY) increase from $864 million. However, it missed analysts’ expectations by $8.04 million....

Avantus, a U.S. developer, owner, and operator of utility-scale solar and energy storage projects, has closed a $1.05 billion corporate credit facility to support the expansion of its renewable energy portfolio. The new facility doubles the...

Tandem PV, a manufacturer of perovskite-silicon solar panels, has acquired Oregon-based nexTC, a developer of thin-film metal oxide coating processes. The acquisition will bring nexTC’s coating technology, intellectual property, and technical...

Base Power, a distributed energy storage solutions provider, has raised $1 billion in Series D financing at a post-money valuation of $13 billion and started producing Base Core, the company’s new residential battery, at its manufacturing facility...

TotalEnergies, a diversified multinational energy company, has signed agreements to acquire a 4 GW onshore renewables portfolio from Shell and sell a 50% stake in a separate 1.2 GW solar and wind portfolio to KKR, a global investment firm. The...