NTPC Invites Bids for 1 GWh Compressed Air Long-duration Energy Storage Projects

NTPC has invited expressions of interest (EoI) to develop a pilot or utility-scale project for a compressed air-based, including liquified air-based, long-duration energy storage system (LDES) with a storage capacity of up to 1,000 MWh. The last date to submit the bids is February 23, 2026, and bids will be opened the following day. The […]

Climate Fintech Company Cloover Raises $1.2 Billion in Debt, Equity

Berlin-based climate fintech company Cloover has secured over $1.2 billion in funding commitments, comprising equity and debt facilities from investors, to build an AI operating system to support residential and decentralized renewable energy solutions. The funding package comprised $22 million in Series A equity financing and a $1.2 billion debt facility. The equity round was […]

Data Center Firm Nxtra Increases Renewable Energy Use by 14.5% in FY 2025

Nxtra Data, Airtel’s data centre arm, has outlined its sustainability strategy and performance for the financial year (FY) 2025 in its Sustainability Report, highlighting progress in energy transition, climate action, energy efficiency, water stewardship, and green buildings. The company highlighted that an efficient energy transition was the need of the hour to meet the growing […]

Premier Energies Commissions 400 MW Solar Cell Manufacturing Line in Telangana

Hyderabad-based solar module and cell manufacturer, Premier Energies, has announced the commissioning of a 400 MW solar photovoltaic cell (Mono PERC) manufacturing facility at its E-City plant in Maheshwaram, Telangana, through its wholly owned subsidiary, Premier Energies Photovoltaic. The commissioning is part of the expansion of its existing facility. Premier Energies said that after commissioning […]

Gujarat Regulator Revises Commissioning Timelines for Renewable Energy Projects

The Gujarat Electricity Regulatory Commission (GERC) has allowed petitions filed by Gujarat Energy Transmission Corporation (GETCO) seeking amendments to the state’s wind, solar, and wind–solar hybrid tariff orders, 2024, granting significant relief to renewable energy developers by restoring longer timelines for evacuation infrastructure and commissioning. In three separate but similar orders, the Commission amended the […]

Daily News Wrap-Up: Global Corporate Solar Funding Fell 16% YoY in 2025

The total global corporate solar funding dropped by 16% year-over-year (YoY) with $22.2 billion raised in 175 deals, compared to $26.3 billion in 157 deals in 2024, according to Mercom Capital Group’s newly released 2025 Annual and Q4 Solar Funding and M&A Report. Global venture capital and private equity funding in the solar sector totaled […]