Hyderabad-based Bondada Engineering has received approval for credit facilities of ₹5 billion (~$55.01 million) from Canara Bank to fund the debt portion of its  200 MW/400 MWh standalone battery energy storage system (BESS) project with Tamil Nadu...

Shoals Technologies Group, a supplier of electrical balance of system (EBOS) solutions, reported revenue of $148.3 million in the fourth quarter (Q4) of 2025, an increase of 39% year-over-year (YoY) from $107 million, on the back of higher product...

The Tamil Nadu Electricity Regulatory Commission (TNERC) has approved the procurement of 270 MW of firm and dispatchable renewable energy (FDRE) by Tamil Nadu Power Distribution Corporation (TNPDCL) from Solar Energy Corporation of India (SECI). The...

The U.S. Energy Information Administration (EIA) has forecast that 86 GW of new utility-scale electric generation capacity will be added in 2026, with solar accounting for 51%, battery storage for 28%, and wind for 14%. EIA also notes that 53 GW of...

Despite record-low renewable energy tariffs, several states have entered long-term thermal power purchase agreements at significantly higher tariffs of ₹5.38 (~$0.059)-₹7.27 (~$0.079)/kWh, reflecting concerns over supply security, baseload...

U.S.-based module manufacturer First Solar’s net sales in the fourth quarter (Q4) of 2025 rose 11.1% year-over-year (YoY) to $1.68 billion from $1.51 billion. Net income grew 32.5% YoY to $520.88 million from $393.12 million, aided by improved sales...

Telangana Electricity Regulatory Commission (TGERC) has issued a resource adequacy framework outlining a mechanism for electricity generation, transmission, and distribution planning to reliably meet the projected power demand. The Telangana...