Damodar Valley Corporation (DVC) has invited bids to set up 234 MW floating solar projects on the Reservoir of DVC Maithon Dam, Maithon in Jharkhand. Bids must be submitted by 16, 2025. Bids will be opened on the same date. Bidders must furnish an...

Adani Electricity Mumbai (AEML) has invited bids to procure 500 MW/4,000 MWh of energy storage capacity along with an additional 250 MW/2,000 MWh under greenshoe option from pumped hydro storage projects (PSP) or battery energy storage systems. Bids...

Public infrastructure finance company REC Limited recorded a total income of ₹153.48 billion (~$1.79 billion) for the fourth quarter (Q4) of the financial year (FY) 2025, a 21% year-over-year (YoY) increase. REC’s net profit for the quarter...

The Ministry of New and Renewable Energy reduced the minimum module efficiency requirement under the Approved List of Models and Manufacturers for modules used in off-grid solar projects. The minimum efficiency for crystalline silicon technology...

Array Technologies, a utility-scale solar tracker supplier, reported a net income of $2.3 million in the first quarter (Q1) of 2025, compared to a net loss of $11.3 million in Q1 2024. The company’s revenue during Q1 2025 was $302.4 million, a 97%...

Shoals Technologies Group, a manufacturer of electrical balance of systems for solar, energy storage, and e-mobility, reported its first quarter (Q1) 2025 earnings, revealing a revenue of $80.4 million, surpassing the forecasted $74.76 million. This...

Israel-based solar inverter manufacturer SolarEdge reported a revenue of $219.5 million in the first quarter (Q1) of 2025, reflecting a 7% year-over-year increase from $204.4 million. The results surpassed analysts’ expectations by $15.2 million....

SJVN has issued two tenders inviting bids to set up solar projects with a cumulative capacity of 7.15 MW on union government buildings in multiple states under the PM Surya Ghar: Muft Bijli Yojana. Bids must be submitted by May 28, 2025. Bids will...