The Indian Energy Exchange (IEX) reported revenue from operations of ₹1.58 billion (~$16.33 million) in the first quarter (Q1) of the financial year (FY) 2027, an 11.4% year-over-year (YoY) increase from ₹1.42 billion (~$14.66 million). IEX’s profit...

The Lebanon Electricity Regulatory Authority (ERA) has invited expressions of interest (EOIs) for developing up to five grid-connected solar projects with a combined installed capacity of 350 MWp and battery energy storage systems (BESS) totaling 1,...

CS PowerTech, the U.S. manufacturing subsidiary of Canadian Solar, has inaugurated the first phase of its solar cell manufacturing facility in Jeffersonville, Indiana. Once fully built out, the facility is expected to have an annual production...

Bondada Engineering (BEL) has acquired a 60% equity stake in Onix IPP, which entitles the company to a controlling interest in a 225 MW solar power project in Maharashtra, under the Mukhyamantri Saur Krushi Vahini Yojana 2.0. Onix IPP is a special...

Grenergy, a Spanish clean energy producer, has closed €100 million (~$117.7 million) in senior non-recourse financing, including credit facilities, for its 618 MWh Oviedo standalone battery energy storage project in Spain. Santander and Sumitomo...

Greenvolt Power, a developer of wind, solar, and battery energy storage projects, and part of the Greenvolt Group, has signed an agreement to sell a 57.47 MW solar project in Hungary to PPC Group, a Greece-based electric power and natural gas...

Public infrastructure finance company REC recorded revenue from operations of ₹144.35 billion (~$1.5 billion) for the first quarter of the financial year (FY) 2027, down 3% year-over-year (YoY) from ₹148.17 billion (~$1.54 billion). REC’s profit...

With 139 GW of solar module manufacturing capacity registered under the Approved List of Models and Manufacturers (ALMM), India’s solar manufacturing industry may be heading toward overcapacity. Manufacturing capacity now far exceeds near-term...

Waaree Renewable Technologies (WRTL) has received letters of award for engineering, procurement, and construction contracts for two ground-mounted solar projects with a combined capacity of 800 MW. The projects have an individual capacity of 400 MW...

The Solar Energy Corporation of India (SECI) has invited bids to select solar power developers for setting up 5.29 MW rooftop solar projects across eight government institutions under the Renewable Energy Service Company (RESCO) model (Tranche XII)....