The Indian Energy Exchange (IEX) traded 37,534 million units (MU) of electricity in the first quarter (Q1) of the financial year (FY) 2027, a 15.9% year-over-year (YoY) increase. During the quarter, India’s energy consumption reached 485.4 billion...

Royal Vopak, a company that owns and operates infrastructure for the storage and handling of liquids and gases, has acquired a 79% stake in Green Energy Storage (GES) and taken a final investment decision for a 200 MW/800 MWh battery energy storage...

Coal India has announced the winners of its auction to develop a 20 MW floating solar project at Chilwa Taal in Gorakhpur, Uttar Pradesh. The tender was issued in December 2025. A joint venture of Northernexpress Infradevelopers and Rays Power Infra...

Nesa Power Group, a South Africa-based commercial and industrial renewable energy company, has secured R150 million (~$9 million) in mezzanine debt funding from Maia Capital Partners. Covington & Burling acted as legal counsel to Maia Capital...

The Maharashtra State Electricity Distribution Company (MSEDCL) has invited bids to set up 2,000 MW/4,000 MWh of battery energy storage systems (2-hour discharge, 1 cycle per day) connected to the State Transmission Utility (STU) under the Viability...

StarlinePS Enterprises has announced it will invest ₹1.6 billion (~$17 million) in Celloraa Energy to set up a 1.2 GW Domestic Content Requirement (DCR)-compliant N-Type TOPCon solar cell manufacturing facility in Surat, Gujarat. Originally focused...

The Ministry of New and Renewable Energy (MNRE) has urged the Central Electricity Regulatory Commission (CERC) to retain a separate deviation settlement mechanism (DSM) for renewable energy projects, arguing that wind and solar generators should not...