Haryana -based solar module manufacturer Saatvik Green Energy has acquired an 80% equity stake in Melcon Transformers and Electricals, a Jaipur-based transformer manufacturer. The acquisition involves 8,000 equity shares, valued at ₹24 million...

The Maharashtra Electricity Regulatory Commission (MERC) has rejected Avaada MH Sustainable’s (Avaada Energy) petition seeking compensation of ₹477.5 million (~$5.09 million) for additional expenditure incurred due to a change-in-law event...

CleanCapital, a U.S.-based independent power producer focused on distributed renewable energy, has sold a 120 MW solar project in Harrison County, Ohio, to Energix Renewables, an independent power producer that develops, constructs, owns, and...

The Maharashtra Electricity Regulatory Commission (MERC) has approved tariffs ranging from ₹5.30 (~$0.0565)/kWh to ₹5.90 (~$0.0629)/kWh for the procurement of round-the-clock renewable energy. The approval relates to a petition filed by Mindspace...

EMERAM, an investment manager, has acquired a stake in Switzerland-based Solar Manager AG, a provider of home energy management solutions. The financial details of the transaction were not disclosed. Founded in 2018, Solar Manager is said to develop...

The Government of Maharashtra has constituted a committee to examine the applicability of electricity duty on rooftop solar consumers, behind-the-meter systems, and grid support charges, amid rising adoption of distributed renewable energy in the...

Sterling and Wilson Renewable Energy (SWREL) reported a consolidated revenue from operations of ₹19.46 billion (~$207.57 million) for the fourth quarter (Q4) of the financial year (FY) 2026, a 22.8% year-over-year (YoY) decline from ₹25.19 billion...

Adani Green Energy Twenty Six A (AGE26AL), a wholly owned step-down subsidiary of Adani Green Energy (AGEL), has operationalized a 292 MW solar project in Khavda, Gujarat. After the latest commissioning, AGEL’s total operational renewable energy...

EIE Renewables, a wholly owned subsidiary of Enviro Infra Engineers, has entered into an agreement to acquire PRA Bihar Bess, a special purpose vehicle of Barbrik Projects set up to implement a 37.5 MW/150 MWh battery energy storage project in Bihar....

The Maharashtra Electricity Regulatory Commission (MERC) has allowed Mindspace Business Parks, Gigaplex Estate, and KRC Infrastructure and Projects to withdraw their request for approval of a long-term power purchase agreement (PPA) to procure 60 MW...