rec
The Uttar Pradesh New and Renewable Energy Development Agency invited bids to set up 110 MW of solar power projects in Kanpur Dehat and Kanpur Nagar solar parks. The...
From: Mercom Capital Group Exowatt, a provider of thermal energy storage solutions, secured $70 million in a Series A funding round led by Felicis, a venture capital...
REC, a state-owned infrastructure finance company, has raised ₹50 billion (~$586 million) through the issuance of bonds. The offering included ₹30 billion (~$352...
With just over two months to go before the interstate transmission system (ISTS) charges waiver ends, the Indian renewable energy project developers are keeping their...
Indian Energy Exchange (IEX) reported a consolidated profit after tax of ₹1.17 billion (~$13.7 million) in the fourth quarter (Q4) of the financial year (FY) 2025, a 21....
The implementation of the PM Surya Ghar: Muft Bijli Yojana in Karnataka has been slow to take off. Despite a sharp rise in registrations, only 6,519 rooftop solar...
Vadodara Municipal Corporation invited bids to install 3 MW rooftop solar systems on its buildings. Bids must be submitted by February 24, 2025. Selected bidders must...
Public infrastructure finance company REC Limited recorded a total income of ₹142.86 billion (~$1.63 billion) for the third quarter (Q3) of the financial year (FY) 2025,...
The Indian Energy Exchange (IEX) achieved a monthly electricity traded volume of 10,910 million units (MU) for January 2025, representing a 16% year-on-year (YoY) growth....
The Appellate Tribunal for Electricity (APTEL) has overturned an order passed by the Jharkhand State Electricity Regulatory Commission (JSERC) granting an exemption from...
Public infrastructure finance company REC has announced a significant increase in loan disbursements for the third quarter (Q3) of the financial year (FY) 2025. The...
The Indian Energy Exchange (IEX) recorded its highest-ever monthly electricity trading volume of 11,132 MU in December 2024, marking a 29% year-over-year (YoY) increase....
The Indian Energy Exchange (IEX) traded 818 million units (MU) of green energy during November 2024, a 331.8% increase from 189 MU in the same month in 2023. The Green...
AM Green Energy, Serentica Renewables, Amplus Solar, Fourth Partner Energy, and Brookfield Renewable Partners were the top solar open access developers in the first half...
REC has released a guidance framework for vendor operations under PM Surya Ghar: Muft Bijli Yojna to ensure smooth implementation of the rooftop solar program. The...
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