Author: Staff

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Shoals Technologies’ Q1 2025 Revenue Drops11.5%, But Beats Estimates

Shoals Technologies Group, a manufacturer of electrical balance of systems for solar, energy storage, and e-mobility, reported its first quarter (Q1) 2025 earnings,...

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Uttar Pradesh Regulator Approves 1,525 MW Solar Power Procurement

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the power sale agreement (PSA) and supplementary power sale agreement (SPSA) between Uttar...

May 8, 2025

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Staff

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Market & Policy

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Solar
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Gujarat Regulator Approves Tariff of ₹2.95/kWh for Solar Projects Under KUSUM

The Gujarat Electricity Regulatory Commission (GERC) has approved a predetermined levelized tariff of ₹2.95 (~$0.034)/kWh to procure power from decentralized solar and...

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Uttar Pradesh Metro Invites Bids for 5 MW Rooftop Solar Project

Uttar Pradesh Metro Rail Corporation (UPMRCL) has invited bids to implement a 5 MW rooftop solar project for stations, depots, and other metro sites. Bids must be...

May 7, 2025

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Staff

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Solar

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Tenders & Auctions
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SJVN Floats Multiple Tenders for 10.59 MW Rooftop Solar Projects

SJVN has issued multiple tenders to develop grid-connected rooftop solar projects with a cumulative capacity of 10.59 MW across government buildings in India’s...

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Funding and M&A Roundup: Recurrent Energy Secures $415 Million

From: Mercom Capital Group Recurrent Energy, a solar and energy storage project developer and wholly owned subsidiary of Canadian Solar, has secured a multi-currency...

May 7, 2025

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Staff

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Finance and M&A

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Other
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Project Finance Brief: Doral Renewables Closes Funding for the Great Bend Solar Project

From: Mercom Capital Group Doral Renewables, a utility-scale renewable energy project developer, closed tax equity funding for its Great Bend solar project. Fifth Third...

May 7, 2025

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Staff

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Finance and M&A

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Solar
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Serentica to Supply 75 MW Hybrid Renewable Energy to INOX Air Products

Serentica Renewables has entered a power supply and consumption agreement (PSCA) with INOX Air Products (INOXAP) to deliver 75 MW of hybrid renewable energy. The...

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NTPC Green Invites Bids for EPC of 130 MW/520 MWh BESS at Thermal Projects

NTPC Green Energy has issued an engineering, procurement, and construction (EPC) tender to develop battery energy storage systems (BESS) with a cumulative capacity of...

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IEX Green Electricity Market Sees 95% YoY Increase in April

The Indian Energy Exchange (IEX) reported a monthly electricity traded volume of 10,584 million units (MUs) in April 2025, a 26% year-on-year (YoY) growth. The growing...

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APTEL Overturns Karnataka Regulator’s Order on Solar Project Dispute

The Appellate Tribunal for Electricity (APTEL) has set aside the Karnataka Electricity Regulatory Commission’s (KERC) order rejecting a petition by Hero Future Energies...

May 6, 2025

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Staff

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Market & Policy

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Solar
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Bloom Energy Reports Revenue Growth of 38.6% in Q1 2025

Fuel cell and electrolyzer manufacturer Bloom Energy reported a revenue of $326 million in first quarter (Q1) 2025, a 38.6% year-over-year (YoY) increase from $235.3...

May 6, 2025

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Staff

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Finance and M&A

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Other
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REIL Issues Rate Contract Tender for 1 MW Rooftop Solar Systems

Rajasthan Electronics and Instruments (REIL) has invited bids for rate contracts to implement 1 MW of grid-connected rooftop solar systems on government buildings in...

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ITI Invites Bids for 5 MW Solar Project in Mizoram

ITI, a public sector undertaking under the Department of Telecommunications, has invited expressions of interest to implement a 5 MW grid-connected solar project at...

May 5, 2025

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Staff

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Solar

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Tenders & Auctions
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US Solar Module Prices Dropped to $0.25/W Between November and February 2025

Solar module prices in the U.S. dropped to a near record low of $0.25 per watt from November 2024 to February 2025, according to a report by Anza Renewables. The company...

May 5, 2025

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Staff

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Modules

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Solar

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