The Central Electricity Regulatory Commission partly approved the adoption of tariffs discovered through a competitive bidding process for firm and dispatchable renewable energy procured by NHPC, while curtailing the allocation of additional capacity under the greenshoe option. The Commission adopted tariffs of ₹4.37 (~$0.048)/kWh to ₹4.38 (~$0.048)/kWh for 1.8 GW out of the 2.1 GW sought by NHPC, comprising 1.2 GW under the base allocation and 600 MW under the greenshoe option instead of the full 900 MW proposed.

Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) invited bids to set up 2 MW rooftop solar projects under the renewable energy service company model at buildings of the Valsad District Cooperative Milk Producers’ Union in Nagpur, Maharashtra. The last date to submit bids is February 10, 2026. Bids will be opened on February 11.

Rajasthan Urja Vikas and IT Services invited bids to select an implementation agency to design, supply, develop, implement, and support an integrated energy portfolio management and power purchase cost optimization solution for the state power sector. The tender will be executed under a two-part Quality and Cost Based Selection process with a technical weightage of 75% and a financial weightage of 25%.

Solar engineering, procurement, and construction firm SEPC received a letter of intent from Telecommunications Consultants India to implement a ₹3.14 billion (~$34.66 million) smart prepaid metering project for Punjab State Power Corporation at the state’s central zone in partnership with Adya Smart Metering.

Coal India approved the incorporation of two joint venture companies to develop renewable energy projects across India. The first joint venture has been proposed with Uttar Pradesh Rajya Vidyut Utpadan Nigam to develop solar projects across Uttar Pradesh. Under the proposed structure, the joint venture company will be a subsidiary of Coal India, with Coal India holding a 51% equity stake and UPRVUNL holding the remaining 49%.

Hyderabad-based Bondada Engineering commissioned 69.51 MW of solar projects for three companies during January 2026. The projects were executed for Paradigm IT, Maharashtra State Power Generation Company, and NLC India across multiple locations, including Hingoli, Achalpur, Bhusawal, and Vajiapur in Maharashtra, and Neyveli in Tamil Nadu.

Adani Energy Solutions secured long-term financing from a consortium of Japanese banks, led by MUFG Bank and Sumitomo Mitsui Banking Corporation, for its ±800 kV high-voltage direct current transmission project to evacuate 6,000 MW of solar energy from Bhadla, Rajasthan, to Fatehpur, Uttar Pradesh. The financing has been raised under AESL’s sustainable debt framework.

The UK’s Department for Energy Security & Net Zero completed its clean energy procurement through the Contracts for Difference program’s Allocation Round 7 (AR7), securing a record 4.9 GW of solar capacity from 157 projects. The AR7 results also cover onshore wind and tidal stream projects. Onshore wind projects secured 1.3 GW across 28 projects, while tidal stream technology secured contracts for 20.9 MW across four projects.

Global energy transition investment reached $2.3 trillion in 2025, up 8% from a year earlier, while investment in the clean energy supply chain rose to $127 billion, according to BloombergNEF’s (BNEF) Energy Transition Investment Trends 2026 report. According to BNEF’s base-case scenario, investments in the energy transition are expected to rise by an average of 25% over 2026-2030, higher than last year’s projections.