Renewable Energy

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SECI Announces Winners of 6 GWh Peak Power Supply Auction

The Solar Energy Corporation of India (SECI) has announced the winners of its auction to select developers for the assured peak supply of 6,000 MWh (1,500 MW X 4 hours)...

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IREDA’s Q1 Revenue Up 15% on Higher Loan Interest Accruals

Government-owned lender Indian Renewable Energy Development Agency (IREDA) posted a revenue from operations of ₹22.5 billion (~$235.2 million) in the first quarter (Q1)...

August 21, 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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ABRen Secures $1.6 Billion from MUFG to Fund Sprng Energy Acquisition

Aditya Birla Renewables (ABRen), the renewable energy arm of the Aditya Birla Group, has secured a $1.6 billion (~₹153.08 billion) term loan facility from Mitsubishi UFJ...

August 21, 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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Coal India Seeks ₹7 Billion Term Loan for 750 MWh Battery Storage Project

Coal India (CIL) has invited bids for a rupee term loan of ₹7.13 billion (~$74.55 million) to develop a 187.5 MW/750 MWh standalone battery energy storage system (BESS)...

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Mahindra Susten Closes Financing for 150.8 MW Hybrid Renewable Project

Mahindra Susten, the clean-tech arm of the Mahindra Group, has achieved financial closure for its 150.8 MW hybrid renewable energy project being developed under the...

August 20, 2026

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Staff

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Finance and M&A

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Renewable Energy
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Over 5,400 Power Sector Cases Pending, Delaying Projects and Raising Costs

The government recently told Parliament that over 5,400 power sector cases are pending before electricity sector regulators and the courts. Cases involving the Ministry...

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ReNew’s Q1 Revenue Rises 16% on Strong Solar Contribution

Independent power producer ReNew Energy Global has a reported revenue of ₹47.86 billion (~$506 million) for the first quarter (Q1) of the financial year (FY) 2027, a 16....

August 19, 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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Solarworld’s Q1 Revenue Up by 121%, Bets Big on Energy Storage Business

Uttar Pradesh-based renewable energy company Solarworld Energy Solutions has reported a revenue of ₹1.78 billion (~$18.62 million) in the first quarter (Q1) of the...

August 17, 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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Rajasthan Floats Consultancy Tender for 45 MW Renewable Energy Projects

Rajasthan Renewable Energy Corporation (RRECL) has invited bids to select an agency to prepare detailed project reports (DPRs) for 45 MW of renewable energy projects in...

August 13, 2026

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Arjun Joshi

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Renewable Energy

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Tenders and Auctions
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Odisha Amends Renewable Energy Policy to Support Wind, Storage

The Odisha government has announced additional incentives for battery energy storage, removed the capacity cap on wind project allocations, and extended electricity duty...

August 13, 2026

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Parth Shukla

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Market & Policy

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Renewable Energy
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Inox Clean Raises ₹15 billion from Motilal Oswal Group

Motilal Oswal Group has committed ₹15 billion (~$157.20 million) to Inox Clean Energy, the integrated renewable energy platform of the INOXGFL Group. Of the amount, ₹10...

August 13, 2026

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Staff

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Finance and M&A

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Renewable Energy
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MNRE to Continue Renewable Energy Skilling Program Until FY 2031

The Ministry of New and Renewable Energy (MNRE) has approved the continuation of the Human Resource Development (HRD) Program in New and Renewable Energy from financial...

August 12, 2026

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Parth Shukla

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Markets & Policy

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Renewable Energy
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Plug Power Q2 Revenue Beats Estimates, Expects Full Profitability in 2028

Hydrogen fuel cell solutions provider Plug Power reported revenue of $178.3 million in the second quarter (Q2) of 2026, an uptick of 2.5% year-over-year (YoY) from $173....

August 12, 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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Solar and Wind Additions Push Global Renewable Energy Capacity to 5.2 TW

Global renewable energy capacity reached 5,155 GW at the end of 2025, following annual additions of 693 GW, taking renewables’ share of global installed power...

August 11, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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Fujiyama Commissions 2 GW Power Electronics Facility in Madhya Pradesh

Rooftop solar solutions and products company Fujiyama Power Systems has announced the commissioning of its 2 GW power electronics manufacturing facility in Ratlam...

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