Renewable Energy

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HPERC Issues Draft Rules Defining Useful Life for Solar, Wind, Biomass Projects

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued the draft Promotion of Generation from the Renewable Energy Sources and Terms and Conditions...

May 13, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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Renewable Energy Solution Providers to Gain from Green Energy Transition

The transition to green energy continues to accelerate in India, driven by policy support, declining solar technology costs, and rising electricity demand across...

May 13, 2026

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Meghana Prasad

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C&I

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Renewable Energy
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Torrent Power’s Q4 FY 2026 Revenue Flat Due to Gas Market Volatility

Gujarat-based Torrent Power posted revenue of ₹64.06 billion (~$673.03 million) in the fourth quarter (Q4) of the financial year (FY) 2026, down 0.8% year-over-year...

May 13, 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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Gujarat Regulator Clears GUVNL’s Bid Deviations for Firm Renewable Power

The Gujarat Electricity Regulatory Commission (GERC) has allowed Gujarat Urja Vikas Nigam’s (GUVNL) request to modify the bid documents and the draft power...

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MENA Weekly Round-Up: Masdar to Lead Abu Dhabi Solar and Storage Expansion

Masdar signed an agreement with the Emirates Water and Electricity Authority (EWEC), under which it will represent Abu Dhabi in domestic solar independent power producer...

May 12, 2026

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Meghana Prasad

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Other

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Renewable Energy
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JSW Energy’s Q4 Revenue Up 39% as Renewable Capacity Rises

Independent power producer JSW Energy posted revenue of ₹48.51 billion (~$513.49 million) in the fourth quarter (Q4) of the financial year (FY) 2026, an increase of 38....

May 11, 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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Ecofy Secures $15 Million from Mirova to Support Rooftop Solar Financing

Ecofy, a non-banking financial company backed by Eversource Capital, British International Investment, FMO, and Finnfund, has raised $15 million in debt financing from...

May 11, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy
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Apple to Invest ₹1 Billion in CleanMax for 150 MW Renewable Energy Projects

Multinational technology company Apple has committed an initial investment of ₹1 billion (~$10.6 million) in Clean Max Enviro Energy Solutions (CleanMax) to develop more...

May 8, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy
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ACME Solar’s Q4 Revenue Rises 12.5% on Capacity Additions, Higher CUF

Gurgaon-based independent power producer ACME Solar Holdings has reported a revenue of ₹5.48 billion (~$58.05 million) in the fourth quarter (Q4) of the financial year...

May 8, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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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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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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Rajasthan Introduces New Renewable Energy Purchase Compliance Rules

The Rajasthan Electricity Regulatory Commission (RERC) has introduced new renewable energy compliance requirements, distributed renewable energy targets, and aligned the...

May 6, 2026

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Parth Shukla

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Market & Policy

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Renewable Energy
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India Eases Foreign Investment Rules for Polysilicon, Wafer, Batteries

India’s Department for Promotion of Industry and Internal Trade (DPIIT) has issued a standard operating procedure (SOP) for processing foreign direct investment...

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Month in a Minute: Top Headlines from the Indian Renewable Sector in April 2026

India’s solar sector witnessed a major reshuffle in market leadership in 2025, with 35 new companies entering the top 10 rankings across key segments, reflecting the...

May 6, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy
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Bloom Energy Q1 2026 Revenue Jumps 130% to $751 Million

Fuel cell and electrolyzer manufacturer Bloom Energy reported revenue of $751.1 million in the first quarter (Q1) of the financial year (FY) 2026, a 130.4%...

May 6, 2026

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Meghana Prasad

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Finance and M&A

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Renewable Energy

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