Archive

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Inox Clean Energy to Acquire Ningbo Boway’s US Solar Unit

Inox Solar Americas, a renewable energy platform of Inox Clean Energy, is set to acquire 100% equity in Boviet Solar Technology (North Carolina), the U.S.-based solar...

April 29, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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Matrix Renewables Secures $332 Million Non-recourse Project Financing

Matrix Renewables, a renewable energy developer and independent power producer focused on solar and battery energy storage systems, has secured £245 million (~$332...

April 29, 2026

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Dibin DB

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Energy Storage

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Finance and M&A
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Bondada Engineering Secures BoS Orders for 75 MW Solar Project in Gujarat

Bondada Engineering, a Hyderabad-based engineering, procurement, and construction company, has secured multiple orders worth ₹1.25 billion (~$13.22 million) for a 75 MW...

April 29, 2026

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Meghana Prasad

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Inverters & BOS

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Solar

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Utility Scale
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NTPC Tenders Operations and Maintenance of 4 MW Solar Microgrid System

NTPC has invited bids for the operation and maintenance (O&M) of a 4 MW solar microgrid system installed at the NTPC Energy Technology Research Alliance (NETRA) in...

April 29, 2026

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Melvin Mathew

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Solar

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Tenders & Auctions
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Jakson Infra Wins $62 Million Power Distribution Project in Angola

Infrastructure engineering, procurement, and construction (EPC) company Jakson Infra, part of the Jakson Group, has secured a power distribution project from...

April 29, 2026

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Melvin Mathew

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Solar

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Tenders & Auctions
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Emmvee Photovoltaic Reports 116% YoY Surge in FY 2026 Revenue

Bengaluru-based solar cell and module manufacturer, Emmvee Photovoltaic Power, reported a revenue of ₹17.39 billion (~$184 million) in the fourth quarter (Q4) of the...

April 29, 2026

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Arjun Joshi

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Finance and M&A

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Other
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REC Reports Record ₹163 Billion FY 2026 Profit, Loan Book Hits ₹5.84 Trillion

Public infrastructure finance company REC recorded a total income of ₹145.83 billion (~$1.54 billion) for the fourth quarter of the financial year 2026, down 5% from...

April 29, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Enviro Infra’s Subsidiary to Acquire Suyog Urja in $33 Million Deal

Enviro Infra Engineers’ wholly owned subsidiary, EIE Renewables, has signed a share purchase agreement to acquire a 100% stake in Suyog Urja through a phased transaction....

April 29, 2026

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Rakesh Ranjan

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Finance and M&A

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Renewable Energy
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East Central Railway Tenders 1.1 MW Rooftop Solar Systems Under Sonpur Division

East Central Railway has invited bids to install 1.114 MW of rooftop solar systems at Amrit Bharat station (533 kW) and at various locations (581 kW) under Sonpur...

April 29, 2026

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Punjab Floats Tender to Procure 250 MW of Solar Power

The Punjab State Power Corporation (PSPCL) has issued a tender for procuring 250 MW of power from grid-connected solar projects for 25 years. Bids must be submitted by...

April 29, 2026

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Parth Shukla

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Solar

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Tenders & Auctions
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Solar Complements Thermal in Meeting India’s Peak Power Demand

Strong capacity additions and advanced resource adequacy planning have helped India meet peak energy demand without any shortages so far this summer. The country’s peak...

April 29, 2026

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Melvin Mathew

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Grid

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Solar
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Uttar Pradesh Approves Revenue Requirements for Transco, Load Dispatch Centre

The  Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved an aggregate revenue requirement (ARR) of approximately ₹59.61 billion (~$630.22 million) and...

April 29, 2026

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Parth Shukla

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Grid

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Market & Policy
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Daily News Wrap-Up: Rajasthan’s Net Metering Slows Without Guidelines

The Rajasthan Electricity Regulatory Commission notified the regulations for virtual and group net metering for renewable energy projects roughly five months ago, but...

April 29, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Industry Gets Interim Relief as APTEL Stays MERC’s New Energy Banking-Linked Power Bills

The Appellate Tribunal for Electricity (APTEL) has issued an interim order staying the issuance of disconnection notices and electricity bills raised under the new power...

April 29, 2026

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Rakesh Ranjan

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Grid

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Market & Policy
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Hybrid Systems, Storage Drive Next Phase of India’s Solar Growth

India’s solar industry is entering a new phase of growth, marked by a rapid shift toward hybrid energy systems, battery storage, and high-efficiency module technologies,...

April 29, 2026

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Rakesh Ranjan

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C&I

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Renewable Energy

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