Orb Energy, a provider of rooftop and ground-mounted solar systems and financing solutions, has secured a $2 million investment from KawiSafi Ventures to expand its commercial and industrial (C&I) solar business across East Africa. The capital...

MaxSolar, a German-based solar and storage project developer, has secured €155 million (~$176 million) in HoldCo debt financing from funds managed by Copenhagen Infrastructure Partners (CIP). CIP is a global fund manager and investor in the European...

Reverion, a Germany-based developer of container-based, reversible solid oxide fuel cell power plants, has raised $175 million in a Series B funding round to expand production of its reversible fuel cell power plants. Kembara, Mundi Ventures’...

Exus Renewables North America, a developer and operator of utility-scale renewable energy projects, has acquired four solar projects totaling 715 MW from ibV Energy Partners, a company specializing in developing and operating integrated solar +...

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) List-II for solar cells in its 11th revision, taking the total enlisted capacity to 37,394 MW. Premier Energies Photovoltaic increased...

NTPC Renewable Energy (NTPC REL) has invited bids to procure power from interstate transmission system (ISTS)-connected pumped hydro projects. The 2,000 MW/12,000 MWh projects must have a discharge duration of six hours per day and can be located...

Mahanadi Coalfields (MCL), a subsidiary of Coal India, has invited bids to set up grid-connected rooftop solar projects across 15 non-residential buildings at the Jagannath Open Cast Project in the Jagannath Area, Odisha. The aggregate capacity of...

Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) has invited bids to provide operation and maintenance (O&M) services for a grid-connected solar power project at Kelapur in Maharashtra’s Wardha district. The project...

The Indian Energy Exchange (IEX) recorded an electricity traded volume of 39,685 million units (MU) during the second quarter (Q2) of the financial year (FY) 2027, an increase of 12.7% year-over-year (YoY). The average market clearing price in the...

India added 50.6 GW of solar module and 9.7 GW of solar cell manufacturing capacity in the first half (1H) of 2026, according to Mercom India’s State of Solar PV Manufacturing in India 1H 2026 report. The top 10 manufacturers accounted for nearly...