The Export-Import Bank of the United States (EXIM) has approved a direct loan exceeding $900 million to support the construction of two solar power projects in Angola....

Mumbai-based renewable energy company CleanMax Enviro Energy Solutions (CleanMax) has successfully concluded an equity fund raise of approximately $360 million from...

Gujarat-based power company Torrent Power posted a profit of ₹4.88 billion (~$58.97 million) for the fourth quarter (Q4) of the financial year (FY) 2022-23 against a...

The Indian Energy Exchange (IEX) has reported a profit after tax (PAT) of ₹883 million (~$10.7 million), a slight decrease of 0.1% year-on-year (YoY) in the fourth...

A committee of experts constituted by the Ministry of Power has noted that the electricity market in India faces significant challenges that hinder the integration of...

A committee of experts constituted by the Ministry of Power to develop India’s electricity market has proposed comprehensive solutions to address key issues such...

The upfront investment can more often dissuade potential customers from adopting rooftop solar. However, the hesitation can be overcome with a collateral-free loan with...

Solar and wind energy comprised 12% of the electricity generated globally in 2022, leading to a record low carbon intensity of 436 gCO2/kWh, according to independent...

The Central Electricity Authority (CEA) has released draft guidelines for utilities to prepare medium- and long-term forecasts to assess the power demand in the country....

The Ministry of Power has released the eleventh annual integrated ratings and rankings report for the financial year (FY) 2022, which assessed the financial and...

The Central government’s annual appraisal of power distribution companies’ (DISCOMs) financial and operational performance saw 21 entities improve their rating over the...

The Central Electricity Regulatory Commission has issued regulations to limit frequency fluctuations within the operating band in the interest of grid security. The...

The Maharashtra Electricity Regulatory Commission (MERC) has approved raising the tariff for commercial and industrial (C&I) consumers for the current financial year...

Renewable energy sources, including wind, solar, hydro, biomass, and geothermal, exceeded coal-fired power generation in the sector for the first time in 2022 in the U.S....

Saudi Arabia-based energy company ACWA Power has signed power purchase and investment agreements with  National Electric Grid of Uzbekistan, and the Ministry of...