Archive

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Global Corporate Funding for Solar Surges 131% YoY to $11.1 Billion in Q1 2026

Corporate funding in the solar sector rose to $11.1 billion across 53 deals in the first quarter of 2026, marking a 131% year-over-year increase from the $4.8 billion...

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First Solar’s Q1 Revenue Rises 24% YoY on Technology Edge, U.S. Manufacturing

U.S.-based module manufacturer First Solar reported a revenue of $1.04 billion in the first quarter (Q1) of 2026, rising 24% year-over-year (YoY). Adjusted earnings...

May 8, 2026

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Parth Shukla

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Finance and M&A

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Solar
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Andhra Pradesh Approves ₹1.72 Trillion Investments in Renewables and Data Centers

The Andhra Pradesh government has approved investments totaling ₹1.72 trillion (~$18.21 billion) across three renewable and data center projects at the 17th State...

May 8, 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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Stem’s Q1 2026 Revenue Drops 11%, Misses Analyst Expectations

U.S.-based smart energy storage company Stem reported revenue of $29 million in the first quarter (Q1) of 2026, down 11% year-over-year (YoY) from $32.5 million and...

May 8, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Foreign Market Disruptions Drive Scatec’s Q1 2026 Revenue Down 31% YoY

Norway-based renewable energy solutions provider Scatec reported revenue of NOK1.64 billion (~$177 million) in the first quarter (Q1) of 2026, down 31.3% year-over-year...

May 7, 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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India, EU Invite Proposals for €15.2 Million EV Battery Recycling Initiative

The Government of India and the European Union have launched a joint funding initiative worth €15.2 million (₹1.69 billion) to support research and innovation in...

May 7, 2026

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Meghana Prasad

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Electric Vehicles

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Other Energy
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CERC Proposes Exit, Auction of Stalled Renewable Projects with Grid Connectivity

The Central Electricity Regulatory Commission (CERC) has proposed a one-time framework to deal with renewable energy projects that secured transmission connectivity...

May 7, 2026

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Rakesh Ranjan

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Grid

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Market & Policy
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CERC Proposes Shorter Gate Closure for Real-Time Market Power Trades

The Central Electricity Regulatory Commission (CERC) has proposed shortening the scheduling time in the real time market (RTM) in the power exchanges from 75 minutes to...

May 7, 2026

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B.S. Nagaraj

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Markets & Policy

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Other
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Nyobolt Raises $60 Million to Expand Fast-Charging Battery Technology

Nyobolt, a U.K.-based fast-charging Li-ion battery solutions developer, has raised $60 million in a Series C funding round, bringing the company’s valuation to $1...

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South Central Railway Announces Winner of 1.4 MW Rooftop Solar Auction

The Vijayawada Division of the South Central Railway has announced the winner of the auction to install 46 rooftop solar systems with a total capacity of 1,415 kW....

May 7, 2026

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Arjun Joshi

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Solar

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Tenders & Auctions
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Solar Module Capacity Under ALMM Rises to 193 GW

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 20,044 MW of solar module capacity. The...

May 7, 2026

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Parth Shukla

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Manufacturing

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Solar
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Gujarat Issues Guidelines to Streamline Renewable Energy Project Development

The Gujarat Energy Development Agency (GEDA) has issued the guidelines for the development of solar, wind, and wind-solar projects with or without battery storage...

May 7, 2026

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Melvin Mathew

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Markets & Policy

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Solar

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Wind
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West Bengal Approves CESC’s Procurement of 600 MW of Wind-Solar Power

The West Bengal Electricity Regulatory Commission (WBERC) has approved Calcutta Electric Supply Corporation’s (CESC) petition to procure 600 MW of power from interstate...

May 7, 2026

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Parth Shukla

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Markets & Policy

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Solar

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Wind
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Bihar Regulator Approves BSPHCL’s 300 MW Wind-Solar Power Procurement

The Bihar Electricity Regulatory Commission (BERC) has approved Bihar State Power Holding Company’s (BSPHCL) proposal to procure 300 MW of wind-solar hybrid power...

May 7, 2026

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Arjun Joshi

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Markets & Policy

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Solar
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Hopewind’s Energy Storage PCS Meets India’s 51°C Heat Challenge

Renewable energy solutions company Hopewind is powering over 650 MW of utility-scale battery energy storage systems (BESS) across two major projects in Rajasthan,...

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