China expanded its installed solar power capacity by 41.4 GW in the first quarter (Q1) of 2026. On a year-over-year (YoY) basis, solar capacity addition dropped 41.7% from 70.97 GW. The country’s cumulative installed power generation capacity...

Electric vehicle (EV) maker Tesla reported total revenue of $22.39 billion for the first quarter (Q1) of 2026, a 16% year-over-year (YoY) increase from $19.34 billion, driven by higher vehicle deliveries, improved average selling prices (ASPs), and...

The National Committee on Transmission recently deliberated on the feasibility of battery energy storage systems (BESS) as a non-wire alternative to conventional power transmission lines to address challenges arising from renewable energy...

Finland-based TheStorage, a provider of industrial thermal energy storage solutions, has raised €3.6 million (~$4.2 million) in a seed funding round to scale its technology and accelerate commercial deployment. To date, TheStorage has raised a total...

Rooftop solar solutions and products company, Fujiyama Power Systems, has approved the acquisition of an additional 31% equity stake in Zayo Energy and Zayo Cables. Delhi-based Zayo Energy manufactures solar panel components, including ethylene...

The Solar Energy Corporation of India (SECI) has invited proposals from scheduled commercial banks and financial institutions for a term loan of up to ₹27.2 billion (~$289.6 million) to finance a 700 MW solar project at Radhanesda, Gujarat. Bids...

NTPC SAIL Power Company (NSPCL), a joint venture of NTPC and Steel Authority of India (SAIL), has invited bids for an engineering, procurement, and construction (EPC) package for a 20 MW floating solar project at Maroda Reservoir-2, in Bhilai,...

The Ministry of Power decided to eliminate the requirement for clearance from the Power Telecom Coordination Committee for transmission lines, effective July 1, 2026, to reduce delays in project execution. The decision was taken at a meeting chaired...