U.S.-based solar tracker firm Nextpower reported a revenue of $935 million in the first quarter (Q1) of fiscal year (FY) 2027, an 8.2% year-over-year (YoY) increase from $864 million. However, it missed analysts’ expectations by $8.04 million....

Avantus, a U.S. developer, owner, and operator of utility-scale solar and energy storage projects, has closed a $1.05 billion corporate credit facility to support the expansion of its renewable energy portfolio. The new facility doubles the...

Tandem PV, a U.S. developer and manufacturer of perovskite-silicon solar panels, has acquired Oregon-based nexTC, a developer of thin-film metal oxide coating processes. The acquisition will bring nexTC’s coating technology, intellectual property,...

Base Power, a distributed energy storage solutions provider, has raised $1 billion in Series D financing at a post-money valuation of $13 billion and started producing Base Core, the company’s new residential battery, at its manufacturing facility...

TotalEnergies, a diversified multinational energy company, has signed agreements to acquire a 4 GW onshore renewables portfolio from Shell and sell a 50% stake in a separate 1.2 GW solar and wind portfolio to KKR, a global investment firm. The...

The Central Electricity Regulatory Commission (CERC) has set aside the revocation of two interstate transmission connectivity grants aggregating 105.84 MW and directed the Central Transmission Utility of India (CTUIL) to restore them, subject to...

The Ministry of New and Renewable Energy (MNRE) extended the exemption from the Approved List of Models and Manufacturers (ALMM) List II requirement for solar cells for net metering and open access renewable energy projects commissioned on or before...

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 11,964 MW of solar module capacity The cumulative module manufacturing capacity under ALMM now stands at 215,522 MW. Poola...

Power Finance Corporation (PFC) has announced the winner of the auction to establish the inter-state transmission system (ISTS) for integrating the Ananthapuram-III PS Renewable Energy Zone Phase-I (3 GW). Apraava Energy emerged as the winner. The...