Continuing the trend of municipal corporations tapping the market to raise funds for infrastructure and green energy initiatives, the Agra Nagar Nigam is proposing a ₹500 million (~$5.8 million) municipal bond issue to part-finance a 7.5 MW solar...

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has invited bids to implement 11 kW to 50 kW on-grid hybrid rooftop solar power projects with a battery backup on multiple government buildings across Uttar Pradesh. The...

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has issued its first-ever perpetual bonds worth ₹12.47 billion (~$144.5 million) at an annual coupon rate of 8.4%. By issuing the bonds, IREDA targets enhancing its Tier-I...

The Solar Energy Corporation of India (SECI) declared the results of its auction to select green hydrogen producers to set up production facilities for green hydrogen in India under the Strategic Interventions for Green Hydrogen Transition Program...

The Philippines’ Department of Energy has released the Terms of Reference (TOR) for the fourth round of the green energy auction (GEA-4). This auction round aims to add 9,378 MW of renewable energy capacity from ground-mounted, rooftop, and floating...

The Dhaka Electricity Supply Company (DESCO) has floated an expression of interest (EoI) to set up 120 MW on-grid solar power projects under the design-build-finance-operate and maintain model in Dhaka. The last date to submit bids is May 4, 2025....

Fuel cell manufacturer Ballard Power Systems reported a revenue of $24.5 million, a 48% year-over-year (YoY) decline, in the fourth quarter (Q4) of 2024, reaching $24.5 million. The revenue missed analyst expectations by  $4.05 million. All business...

Sweden-headquartered battery developer and manufacturer Northvolt has filed for bankruptcy in Sweden. The company’s board of directors approved the move in an effort to secure a viable financial and operational future. Following the filing, a...