Masdar (Abu Dhabi Future Energy Company), a UAE-based renewable energy developer, has reached financial close on a $5.1 billion financing package for a 5.2 GW solar and 19 GWh battery energy storage round-the-clock project in Abu Dhabi. The project...

Elong Power Holding, a company that provides lithium-ion battery solutions for energy storage systems and electric vehicles, has closed its registered public offering, raising approximately $6.6 million in gross proceeds before fees and expenses....

The Arunachal Pradesh State Electricity Regulatory Commission (APSERC) has approved a net Aggregate Revenue Requirement (ARR) of ₹62.14 million (~$648,686) for the State Load Dispatch Center (SLDC) for FY 2026-27, against the ₹72.73 million (~$759,...

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved two 25-year power purchase agreements (PPAs) and adopted tariffs of ₹2.65 (~$0.0276)/kWh and ₹2.71 (~$0.0283)/kWh for 75 MW and 35 MW solar projects in the Kanpur Dehat and...

India’s renewable energy industry is expanding rapidly, but the availability of job-ready talent has not kept pace with the sector’s growth, panelists said at the Mercom India Renewables Summit 2026. Speaking at the session “Bridging the Renewable...

Aditya Birla Renewables (ABRen), the renewable energy subsidiary of Grasim Industries, has signed a definitive agreement to acquire Sprng Energy from Shell Overseas Investment for an enterprise value of ₹172 billion (~$1.8 billion). ABRen will...

The Gujarat Electricity Regulatory Commission (GERC) has invited bids from consultancy firms to assist with the scrutiny, review, approval, and monitoring of the capital investment plan and related matters. The scope of work includes assistance in...

Gurugram-based electric vehicle (EV) mobility platform, Milo Drive, has raised $2.4 million (~₹228.59 million) in a seed funding round led by Caret Capital. Antler, Alteria Capital, IAN Capital, Climate Angels, and Aureolis Capital were among the...