The Ministry of New and Renewable Energy (MNRE) has added 7,063 MW of solar cell manufacturing capacity to the Approved List of Models and Manufacturers (ALMM) List-II, taking the total enlisted capacity to 44.9 GW. The latest additions represent an...

The Kerala State Electricity Regulatory Commission (KSERC) has partially approved Kerala State Electricity Board’s (KSEB) proposal to procure short-term electricity, reducing the financial commitment by 61% to ₹1.31 billion (~$13.76 million)...

NTPC Renewable Energy (NTPC REL) has invited bids for the engineering, procurement, and construction (EPC) package, including land, for a solar power project connected to the interstate transmission system (ISTS) near its Anantapur solar project in...

India’s expanding battery energy storage and electric vehicle (EV) charging markets are creating new opportunities for domestic equipment manufacturers. However, unreliable grid connectivity and inconsistent power supply remain challenges for EV...

India’s renewable energy policies are increasingly focused on improving project execution, grid stability, transmission connectivity, and reliable power delivery during the third quarter (Q3) of 2026, according to Mercom India’s Q3 2026 Renewable...

U.S.-based solar tracker and clean power technology company Nextpower reported record revenue of $1.11 billion in the second quarter (Q2) of fiscal year (FY) 2027, up 22.5% year-over-year (YoY) from $905.27 million, driven in part by strong demand...

California and Texas recorded an estimated wholesale electricity cost savings of $2.5 billion and $3.55 billion, respectively, between June and August 2026 compared with the corresponding period in 2021, according to an analysis by the Solar Energy...

The annual failure rate of lithium-ion battery energy storage systems (BESS) declined by 98% globally from 2018 to 2025,  according to a report by the Electric Power Research Institute (EPRI). The annual failure rate was calculated by analyzing...

The Indian Energy Exchange (IEX) reported revenue of ₹1.67 billion (~$17.55 million) in the second quarter (Q2) of the financial year (FY) 2027, an 8.4% year-over-year (YoY) increase from ₹1.54 billion (~$16.18 million). Profit after tax (PAT) rose...

Gurugram-based independent power producer ACME Solar Holdings reported a total income of ₹10.07 billion (~$100.7 million) in the second quarter (Q2) of the financial year (FY) 2027, up 67.5% year-over-year (YoY) from ₹6.01 billion (~$60.1 million)....