Solar component manufacturer Vishakha Renewables has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India for an initial public offering (IPO). The IPO will comprise a fresh issue of equity shares aggregating...

The Chhattisgarh State Electricity Regulatory Commission (CSERC) adopted a tariff of ₹2.98 (~$0.031)/kWh, determined through competitive bidding, for a 125 MW/500 MWh standalone battery energy storage system (BESS). The Commission approved...

The Ministry of New and Renewable Energy (MNRE) has revised its proposed standardized nomenclature for solar cells enlisted under the Approved List of Models and Manufacturers (ALMM) List-II. Stakeholders must share their comments by October 12,...

Sunrock, a developer of large-scale rooftop solar and integrated clean energy projects, has reached financial close with Crédit Agricole Corporate and Investment Bank (CA-CIB) on a €110 million (~$125 million) green financing facility for its...

Orb Energy, a provider of rooftop and ground-mounted solar systems and financing solutions, has secured a $2 million investment from KawiSafi Ventures to expand its commercial and industrial (C&I) solar business across East Africa. The capital...

MaxSolar, a German-based solar and storage project developer, has secured €155 million (~$176 million) in HoldCo debt financing from funds managed by Copenhagen Infrastructure Partners (CIP). CIP is a global fund manager and investor in the European...

Reverion, a Germany-based developer of container-based, reversible solid oxide fuel cell power plants, has raised $175 million in a Series B funding round to expand production of its reversible fuel cell power plants. Kembara, Mundi Ventures’...

Exus Renewables North America, a developer and operator of utility-scale renewable energy projects, has acquired four solar projects totaling 715 MW from ibV Energy Partners, a company specializing in developing and operating integrated solar +...

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) List-II for solar cells in its 11th revision, taking the total enlisted capacity to 37,394 MW. Premier Energies Photovoltaic increased...

NTPC Renewable Energy (NTPC REL) has invited bids to procure power from interstate transmission system (ISTS)-connected pumped hydro projects. The 2,000 MW/12,000 MWh projects must have a discharge duration of six hours per day and can be located...