Mufin Green Finance, a listed non-banking financial company (NBFC), has completed the allotment of 5,000 non-convertible debentures (NCDs) worth ₹500 million (~$5.67 million) through a private placement. As per an intimation filed with the stock...

The Saudi Electricity Company (SEC) secured two major battery energy storage projects in the northern region of the country with a combined capacity of 4.9 GWh. The projects’ installation costs will range between $73/kWh and $75/kWh. The contracts...

Independent power producer Serentica Renewables has signed binding agreements to acquire Statkraft’s 445 MW operational solar project at Bikaner, along with 1 GW of solar projects under development across Rajasthan. Projects in the portfolio have...

Distributed and utility-scale renewable energy markets are reshaping product strategies and investment decisions in India, with technology choices and policy stability emerging as decisive factors. There has been a growing demand for microinverters...

The reduction in Goods and Services Tax (GST) from 12% to 5% on solar cells and other renewable energy devices is likely to lower power costs for consumers while enhancing project viability for developers. Besides solar cells, windmills, and...

The U.S. solar industry installed 7.5 GW of capacity in the second quarter (Q2) of 2025, a 24% year-over-year (YoY) and a 28% quarter-over-quarter (QoQ) decline, according to Wood Mackenzie and Solar Energy Industries Association‘s US Solar...

A delay of over 18 months in commissioning a transmission system strengthening program has created bottlenecks for evacuating 8.1 GW of power from a renewable energy zone (REZ) in solar-rich Rajasthan. The Phase II (Parts E, G, and G1) transmission...

Sterling and Wilson Renewable Energy (SWREL) has received a letter of intent (LOI) from a private independent power producer for the engineering, procurement, and construction (EPC) of the balance of system (BoS) package for a 300 MW solar project...

The Maharashtra Electricity Regulatory Commission (MERC) has approved the power sale agreement (PSA) between Maharashtra State Electricity Distribution Company (MSEDCL) and NTPC for 300 MW of wind-solar hybrid power at a tariff of ₹3.36/kWh (~$0....