Crux, a clean energy finance platform, has closed a $500 million debt financing facility with Nuveen Energy Infrastructure Credit, Nuveen’s infrastructure credit investment platform. Skadden, Arps, Slate, Meagher & Flom served as...

The Uttarakhand Electricity Regulatory Commission (UERC) has proposed a resource adequacy framework for the state’s power sector to ensure the availability of sufficient capacity to meet electricity demand reliably. The framework will apply to...

Japan’s Organization for Cross-regional Coordination of Transmission Operators (OCCTO) has announced the results for the FY 2025 Long-Term Decarbonized Power Source Auction, selecting 28 winners, which included winners for 10 lithium-ion (Li-ion),...

The Gujarat Electricity Regulatory Commission (GERC) has approved Gujarat Urja Vikas Nigam’s (GUVNL) petition to adopt tariffs for 500 MW of wind power capacity. The procurement includes 250 MW of base capacity and an additional 250 MW under the...

The Gujarat Electricity Regulatory Commission (GERC) has approved tariffs ranging from ₹210,000 (~$2,179.66)/MW/month to ₹212,000 (~$2,200.42)/MW/month for Gujarat Urja Vikas Nigam’s (GUVNL) procurement of 335 MW/670 MWh energy storage capacity....

The decks have been cleared for the merger of REC Limited with the Power Finance Corporation (PFC), with the boards of the two government-owned companies approving the proposal made in the Union Budget 2026-27. In separate filings on the BSE, the...

Gujarat-based solar module manufacturer Solex Energy reported a revenue of ₹8.86 billion (~$92.39 million) for the fourth quarter (Q4) of the financial year (FY) 2026, up 247.6% year-over-year (YoY) from ₹2.55 billion (~$26.58 million). Earnings...

The Uttarakhand Renewable Energy Development Agency (UREDA) has invited bids under two tenders to select engineering, procurement, and construction (EPC) contractors for grid-connected rooftop and small solar power projects at government buildings...

The Central Electricity Regulatory Commission (CERC) has adopted a tariff of ₹2.15 (~$0.0224)/kWh for a 170 MW solar project to be developed as Unit 3 of the Neemuch Solar Park in Madhya Pradesh. The Commission held that the tariff had been...