solar

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Saatvik Green Energy Acquires 80% Stake in Transformer Manufacturer

Haryana -based solar module manufacturer Saatvik Green Energy has acquired an 80% equity stake in Melcon Transformers and Electricals, a Jaipur-based transformer...

April 23, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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Adani Green Energy Operationalizes 292 MW Solar Project in Gujarat

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,...

April 23, 2026

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Parth Shukla

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Solar

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Utility Scale
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MERC Approves 60 MW Wind-Solar PPA Withdrawal, Citing High Tariff

The Maharashtra Electricity Regulatory Commission (MERC) has allowed Mindspace Business Parks, Gigaplex Estate, and KRC Infrastructure and Projects to withdraw their...

April 23, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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SAEL, Waaree, MB Power, and JLTM Energy Win PSPCL’s 500 MW Solar Auction

SAEL Industries,  Waaree Forever Energies (a subsidiary of Waaree Energies), MB Power (Madhya Pradesh) (a subsidiary of Hindustan Power), and JLTM Energy India (a...

April 23, 2026

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Rajasthan Sees Nearly 12 GW of Solar, Wind Curtailment Since January

A staggering 11.5 GW of renewable energy has been curtailed in Rajasthan since January 2026, with March alone accounting for 8.3 GW, prompting developers to seek the...

April 23, 2026

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Melvin Mathew

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Grid

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Market & Policy

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Solar

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Wind
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NLC India Secures $117 Million Loan from KfW for Solar, Storage Projects

NLC India has signed a loan agreement with Germany-based bank KfW for €100 million (~$117.32 million) to support its solar and energy storage projects. The loan will...

April 23, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A

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Solar
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Government Extends ISTS Charges Waiver for Renewable Projects Hit by Grid Delays

The Ministry of Power has stated that solar and wind projects with a firm start date of connectivity between July 1, 2025, and June 30, 2028, may be considered for an...

April 22, 2026

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Arjun Joshi

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Grid

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Market & Policy
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Funding and M&A Roundup: Sigenergy Technology Raises $562 Million in IPO

From: Mercom Capital Group Sigenergy Technology, a provider of home battery storage and commercial solar solutions, raised over HK$4.4 billion (~$562 million) through...

April 22, 2026

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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: Elgin Secures $672 Million for Solar, Storage Pipeline

From: Mercom Capital Group Elgin, an integrated, utility-scale solar and storage independent power producer, secured up to £500 million (~$672 million) of funding from a...

April 22, 2026

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Staff

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Finance and M&A

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Other
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Evren Secures $600 Million for FDRE Project in Andhra Pradesh and Rajasthan

Renewable energy company Evren has secured approximately $600 million from lenders, including SMBC, Standard Chartered Bank, MUFG, DBS Bank, Crédit Agricole CIB, and BNP...

April 22, 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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Tandem PV Opens 40 MW US Factory to Scale Perovskite Solar Panels

Perovskite-based solar panel developer Tandem PV has opened a 40 MW commercial demonstration factory in Fremont, California, marking a step toward scaling up...

April 21, 2026

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Meghana Prasad

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Manufacturing

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Solar
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Germany Adds 3.5 GW Solar Capacity in Q1 2026, Total Capacity Reaches 121 GW

Germany added a total of 3.5 GW of solar capacity during the first quarter (Q1) of 2026, according to data from the Federal Network Agency (Bundesnetzagentur). The...

April 21, 2026

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Meghana Prasad

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Markets & Policy

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Solar
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CleanMax to Supply 30 MW of Wind-Solar Hybrid Power to Shell India

Mumbai-headquartered renewable energy solutions provider Clean Max Enviro Energy Solutions (CleanMax) will supply wind-solar hybrid energy to Shell India’s assets across...

April 21, 2026

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Parth Shukla

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Solar

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Wind
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MENA Weekly Round-Up: Algeria Commissions 400 MW Solar Projects

The Algerian Minister of Energy and Renewable Energies recently announced the commissioning of two solar projects totaling 400 MW. The projects include a 200 MW solar...

April 21, 2026

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Melvin Mathew

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Solar

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Wind
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High Irradiance, Low Installations: The Solar Gap in Eastern and Central India

India’s average solar irradiance ranges from 3.5–5.5 kWh/m²/day across the country, with nearly every state offering significant potential for solar energy generation....

April 21, 2026

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B.S. Nagaraj

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Markets & Policy

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Solar

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