renewable-energy

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Sun Drops to Acquire Renewable EPC Firm DMGEL for ₹558 million

The solar arm of KP Group, Sun Drops Energia, will acquire up to 100% of the equity shares in renewable energy solutions provider DEK and Mavericks Green Energy (DMGEL)...

August 24, 2026

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Staff

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Finance and M&A

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Solar
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Power Finance Corporation’s Revenue for Q1 FY 2027 Remains Flat

State-owned lender to the energy sector, Power Finance Corporation’s (PFC) revenue for the first quarter (Q1) of the financial year (FY) 2026-27 remained flat at ₹285.27...

August 24, 2026

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Rakesh Ranjan

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Finance and M&A

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Other
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Scatec Plans Increasing Battery Storage Capacity Fivefold, Q2 Revenue Up 4%

Norway-based renewable energy solutions provider Scatec posted revenue of NOK1.37 billion (~$147.3 million) in the second quarter (Q2) of 2026, up 4% year-over-year...

August 24, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy
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Coal India Seeks ₹7 Billion Term Loan for 750 MWh Battery Storage Project

Coal India (CIL) has invited bids for a rupee term loan of ₹7.13 billion (~$74.55 million) to develop a 187.5 MW/750 MWh standalone battery energy storage system (BESS)...

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Mahindra Susten Closes Financing for 150.8 MW Hybrid Renewable Project

Mahindra Susten, the clean-tech arm of the Mahindra Group, has achieved financial closure for its 150.8 MW hybrid renewable energy project being developed under the...

August 20, 2026

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Staff

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Finance and M&A

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Renewable Energy
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ReNew’s Q1 Revenue Rises 16% on Strong Solar Contribution

Independent power producer ReNew Energy Global has a reported revenue of ₹47.86 billion (~$506 million) for the first quarter (Q1) of the financial year (FY) 2027, a 16....

August 19, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy
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CERC Allows Paid Grid Connectivity Deadline Extensions for Renewable Projects

The Central Electricity Regulatory Commission (CERC) has introduced a standardized mechanism allowing renewable energy and other eligible connectivity grantees...

August 17, 2026

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Arjun Joshi

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Grid

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Market & Policy
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FAGMIL Invites Bids for 2.52 MW Solar Project in Rajasthan

FCI Aravali Gypsum and Minerals India (FAGMIL) has invited bids from engineering, procurement, and construction (EPC) contractors to develop a 2.52 MW ground-mounted...

August 17, 2026

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Staff

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Solar

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Tenders & Auctions
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Uttar Pradesh Adopts Tariffs for 31 MW Solar Projects Under KUSUM

Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved 14 power purchase agreements (PPAs) for 31 MW of solar projects under the feeder-level solarization...

August 14, 2026

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Staff

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Markets & Policy

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Solar
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Rajasthan Floats Consultancy Tender for 45 MW Renewable Energy Projects

Rajasthan Renewable Energy Corporation (RRECL) has invited bids to select an agency to prepare detailed project reports (DPRs) for 45 MW of renewable energy projects in...

August 13, 2026

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Arjun Joshi

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Renewable Energy

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Tenders and Auctions
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Odisha Amends Renewable Energy Policy to Support Wind, Storage

The Odisha government has announced additional incentives for battery energy storage, removed the capacity cap on wind project allocations, and extended electricity duty...

August 13, 2026

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Parth Shukla

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Market & Policy

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Renewable Energy
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Inox Clean Raises ₹15 billion from Motilal Oswal Group

Motilal Oswal Group has committed ₹15 billion (~$157.20 million) to Inox Clean Energy, the integrated renewable energy platform of the INOXGFL Group. Of the amount, ₹10...

August 13, 2026

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Staff

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Finance and M&A

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Renewable Energy
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MNRE to Continue Renewable Energy Skilling Program Until FY 2031

The Ministry of New and Renewable Energy (MNRE) has approved the continuation of the Human Resource Development (HRD) Program in New and Renewable Energy from financial...

August 12, 2026

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Parth Shukla

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Markets & Policy

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Renewable Energy
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Solar and Wind Additions Push Global Renewable Energy Capacity to 5.2 TW

Global renewable energy capacity reached 5,155 GW at the end of 2025, following annual additions of 693 GW, taking renewables’ share of global installed power...

August 11, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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Fujiyama Commissions 2 GW Power Electronics Facility in Madhya Pradesh

Rooftop solar solutions and products company Fujiyama Power Systems has announced the commissioning of its 2 GW power electronics manufacturing facility in Ratlam...

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