The Ministry of Power (MoP) has proposed amendments to the tariff-based competitive bidding guidelines for solar, wind-solar hybrid, firm and dispatchable renewable energy (FDRE), and battery energy storage system (BESS) projects to incorporate...

Commercial buildings and technology parks are installing rooftop solar to bring down their electricity expenses and meet a larger share of their power needs on-site. Most such facilities have high daytime electricity usage due to air conditioning,...

Pune-based renewable fuels company Greenjoules has raised ₹1.5 billion (~$16.01 million) in a Series B funding round co-led by Amazon’s Smbhav Venture Fund and Climate Pledge Fund. Zerodha’s investment arm Rainmatter and Singularity’s...

The Odisha Electricity Regulatory Commission (OERC) has proposed regulations increasing the renewable purchase obligation (RPO) to 43.33% and introducing an energy storage obligation (ESO) of 4% by the financial year (FY) 2030. The draft OERC...

The Saudi Power Procurement Company (SPPC), Saudi Arabia’s principal power buyer, has issued a request for qualification for solar and wind projects under the eighth round of the country’s National Renewable Energy Program (NREP). The projects...

PFC Consulting has selected the winner of its auction to set up a 3×500 MVA, 400/220 kV substation, along with associated transmission lines, at Humnabad in Bidar district, Karnataka. Power Grid Corporation of India (POWERGRID) emerged as the...

The Ministry of Power (MoP) permitted renewable energy projects tendered on an interstate transmission system (ISTS) connectivity basis to connect to the intrastate transmission system (InSTS) when the generating project and the electricity procurer...

As battery energy storage systems (BESS) become a key focus for India’s solar inverter market, string inverters are seeing wider adoption in utility-scale projects because of their modularity, lower maintenance needs, and potential to reduce...

Tata Power reported a revenue from operations of ₹196.36 billion (~$2.10 billion) in the second quarter (Q2) of the financial year (FY) 2027, an increase of 26.3% year-over-year (YoY) from ₹155.45 billion (~$1.66 billion). The company’s...