India’s industrial sector is increasingly adopting rooftop solar to offset rising electricity costs and improve energy efficiency within existing infrastructure constraints. Large manufacturing units, in particular, are leveraging distributed solar...

Seven companies have won the Solar Energy Corporation of India’s (SECI) auction to install 5,665 kW rooftop solar projects under the renewable energy service company (RESCO) model on 14 government buildings (Tranche-VIII). The tender was floated in...

U.S.-based Headwater Energy,  a utility-scale solar and energy storage development firm, has completed the acquisition of Arena Renewables, a distributed generation solar and battery energy storage system developer. The financial terms of the...

Nexamp, a developer of solar and battery storage projects, has secured a $200 million credit facility from Nuveen Energy Infrastructure Credit, acting as the sole lender. The facility is structured as a delayed draw term loan, with an initial...

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

The Indian Energy Exchange (IEX) reported revenue from operations of ₹1.74 billion (~$18.49 million) in the fourth quarter (Q4) of the financial year (FY) 2026, a 22.5% year-over-year (YoY) increase from ₹1.42 billion (~$15.09 million). The...

Adani Green Energy’s (AGEL) revenue increased by 13.7% year-over-year (YoY) to ₹37.27 billion (~$396.22 million) in the fourth quarter (Q4) of the financial year (FY) 2026, from ₹32.78 billion (~$348.49 million) a year ago. The growth was primarily...

Gujarat-based solar company Ahasolar Technologies has secured a work order from Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) to provide consultancy services for 30 MW of distributed grid-connected rooftop solar projects...

The Saudi Power Procurement Company (SPPC) has launched the qualification process for the second group of four-hour-duration battery energy storage projects, with a total capacity of 3,000 MW/12,000 MWh. Each project will be set up under a...