U.S.-based solar tracker and clean power technology company Nextpower reported record revenue of $1.11 billion in the second quarter (Q2) of fiscal year (FY) 2027, up 22.5% year-over-year (YoY) from $905.27 million, driven in part by strong demand...

California and Texas recorded an estimated wholesale electricity cost savings of $2.5 billion and $3.55 billion, respectively, between June and August 2026 compared with the corresponding period in 2021, according to an analysis by the Solar Energy...

The annual failure rate of lithium-ion battery energy storage systems (BESS) declined by 98% globally from 2018 to 2025,  according to a report by the Electric Power Research Institute (EPRI). The annual failure rate was calculated by analyzing...

The Indian Energy Exchange (IEX) reported revenue of ₹1.67 billion (~$17.55 million) in the second quarter (Q2) of the financial year (FY) 2027, an 8.4% year-over-year (YoY) increase from ₹1.54 billion (~$16.18 million). Profit after tax (PAT) rose...

Gurugram-based independent power producer ACME Solar Holdings reported a total income of ₹10.07 billion (~$100.7 million) in the second quarter (Q2) of the financial year (FY) 2027, up 67.5% year-over-year (YoY) from ₹6.01 billion (~$60.1 million)....

Andhra Pradesh Power Generation Corporation (APGENCO) has invited bids to supply solar modules for its 400 MW grid-connected solar power project in Anantapuramu district, Andhra Pradesh. The project involves supplying 1.65 MWp of modules. The last...

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved Noida Power Company’s (NPCL) proposal to procure 300 MW of firm and dispatchable renewable energy on a round-the-clock (RE-RTC) basis for 25 years through tariff-based...

ENNA Solar, a unit of Croatian-based renewables and logistics company ENNA Group, has signed an agreement to acquire a 166 MW solar project with a 612 MWh battery energy storage system in Romania. The company signed a share purchase agreement to...

Otovo, an artificial intelligence-enabled platform providing behind-the-meter energy services for homes and businesses, has completed a $3 million private placement to fund strategic acquisitions, merger and acquisition opportunities, costs related...

The Tamil Nadu government has introduced the Battery Energy Storage Systems Policy, 2026, mandating battery storage for new solar and wind-solar hybrid projects of 1 MW and above. New solar and hybrid projects must install battery storage capacity...