Abu Dhabi Future Energy (Masdar) has completed the acquisition of a 70% majority stake in Greece’s TERNA ENERGY in a deal valued at €3.2 billion ($3.3billion) to support its European expansion strategy. The deal is the largest energy transaction in...

The Indian Energy Exchange (IEX) traded 818 million units (MU) of green energy during November 2024, a 331.8% increase from 189 MU in the same month in 2023. The Green Day-Ahead Market (G-DAM) achieved 793 MU during this month, with a weighted...

The Ministry of Railways has floated tender to empanel qualified bidders for setting up 20 MW ground-mounted solar projects at Madhepura, Pandaul, and Rajnagar in Samastipur division of East Central Railway. The last date to submit bids is December...

India added 16.4 GW of solar capacity in the first nine months of 2024, a 167% year-over-year increase from 6.2 GW in 9M 2023, according to Mercom India Research’s Q3 2024 India Solar Market Update. These installations surpassed all previous...

The Appellate Tribunal for Electricity (APTEL) rejected an appeal by a rooftop solar consumer seeking enforcement of a tariff of ₹9.56 (~$0.11)/kWh for a rooftop solar system, as per an initial Power Purchase Agreement (PPA) signed on December 10,...

State power distribution companies (DISCOMs) owed power generators ₹653.51 billion (~$7.71 billion) in total dues for the monthly billing cycle in November 2024, according to the Ministry of Power’s payment ratification and analysis portal PRAAPTI....

The Ministry of New and Renewable Energy has updated the Approved List of Models and Manufacturers (ALMM) for solar photovoltaic modules, with the addition of a combined capacity of 2,271 MW by four manufacturers. The cumulative module manufacturing...

Kintech Synergy, H.G Infra Engineering, Bhilwara Energy (LNJ Bhilwara Group) and Advait Infratech have won Gujarat Urja Vikas Nigam’s Phase IV standalone Battery Energy Storage Systems auction. The project was awarded following the introduction of...

Serbia announced its second renewable energy tender for 424.8 MW of wind and solar projects, supported by a contracts-for-difference (CfD) program for 15 years. The auction is for 300 MW of wind and 124.8 MW of solar projects. The bidders are...