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Statkraft Plans to Sell $2 Billion Renewable Energy Assets in India

Norwegian renewable energy company Statkraft has decided to exit the Indian market by selling its…

AmpereHour Energy Raises Rs 41.5 crore to Expand Battery Storage Solutions

Pune-based AmpereHour Energy has secured Rs 41.5 crore in Series A funding, led by Avaana Capital,…

India’s Renewable Energy Boom Faces Execution Challenges

India’s renewable energy market is at a turning point. According to a report by IEEFA (Institute…

Mufin Group Acquires LKP Finance to Strengthen Market Presence in Western India

Mufin Group has acquired a majority stake in LKP Finance in an all-cash deal, adding INR 370 crore…

CERC Approves Tariffs for 630 MW Renewable Energy Projects

The Central Electricity Regulatory Commission (CERC) has approved the Solar Energy Corporation of…

JBIC and Osaka Gas Invest in CleanMax JV for 400 MW Renewable Projects

The Japan Bank for International Cooperation (JBIC) has signed a shareholders’ agreement with Osaka…

Global Solar Report 2025: Industry Faces $10 Billion Loss Due to Underperformance

The 2025 Global Solar Report by Raptor Maps highlights a critical challenge in the solar industry—escalating…

IRFC Expands into Renewable Energy Financing with Rs7,500 crore Loan to NTPC Green Energy

The Indian Railway Finance Corporation (IRFC) has taken a significant step into renewable energy…

Array Technologies Reports $275.2M Q4 Revenue Amid Declining ASPs and Impairment Charges

U.S.-based solar tracker manufacturer Array Technologies posted a Q4 2024 revenue of $275.2 million,…

Hindustan Power to Invest Rs620 Crore in Assam’s Solar and Battery Storage Projects

Hindustan Power has signed a Memorandum of Understanding (MoU) with the Government of Assam to invest…