U.S.-based solar tracker company FTC Solar reported revenue of $17.3 million in the first quarter of 2026, down 17% year-over-year from $20.8 million and missing analyst expectations by $7 million. The company’s adjusted EBITDA loss was $8.2 million...

Shoals Technologies Group, a manufacturer of electrical infrastructure solutions for utility-scale solar, battery storage, and data center power systems, reported first quarter (Q1) 2026 revenue of $140.6 million, an increase of 74.9% year-over-year...

Moment Energy, an electric vehicle battery repurposing company, has raised $40 million in its Series B funding round, bringing the total capital raised to more than $100 million. Evok Innovations led the funding round, with participation from...

Indonesia’s government-owned corporation PT PLN has floated a tender to set up 1.225 GW utility-scale solar projects under its PLTS Mentari Nusantara I project. The company launched the official tender process on April 30, 2026. The solar capacity...

The Military Engineer Services (MES) has floated a tender for the comprehensive operation and maintenance (O&M) of a 5 MW solar project at Mhow, Madhya Pradesh, for 10 years. Bids must be submitted by June 3, 2026. Bids will be opened on June 10....

The Jharkhand Renewable Energy Development Agency (JREDA) has invited bids for rate contracts to design, manufacture, supply, install, and commission 10 MW of grid-connected rooftop solar projects (with or without battery systems) of various...

The Lakshadweep Electricity Department has invited expressions of interest for rate contracts and to empanel vendors for setting up a 2,107 kW rooftop solar project with a 5,525 kWh battery storage system on government buildings in Lakshadweep. The...

The Rajasthan Electricity Regulatory Commission (RERC) has introduced new renewable energy compliance requirements, distributed renewable energy targets, and aligned the state rules with the central government’s renewable consumption obligation...

India’s Department for Promotion of Industry and Internal Trade (DPIIT) has issued a standard operating procedure (SOP) for processing foreign direct investment (FDI) proposals requiring government approval. The SOP identifies eligible sectors...

The Konkan Railway Corporation (KRCL) has invited bids for the supply, installation, testing, and commissioning of a 5 MW solar power project at Murdeshwar in Karnataka. The power produced by the project will be supplied to the Murdeshwar substation...