Finance Sterling & Wilson reported a Q2 revenue decline to ₹1,527 crore, driven by a sharp drop in international sales. Management attributes the slowdown to pending PPAs and financing issues, not execution capacity.
Finance Atmos Renewables has purchased a portfolio of wind and solar assets from European developer BayWa r.e., including the Bullawah wind and battery project. The acquisition expands Atmos's operational and in-construction capacity to exceed 2GW as BayWa r.e. retreats to its European core markets.
Finance Swift Current Energy has filed a lawsuit in New York state court alleging that First Solar knowingly supplied 2.4 million defective cadmium telluride modules. The complaint details significant performance losses, specific manufacturing flaws, and a dispute over warranty testing procedures.
Finance Trina Solar has acquired a 1.6% equity stake in Changzhou Betterial Film Technologies for approximately $5.88 million. The move aims to strengthen upstream supply chain stability by deepening ties with a key materials supplier.
Finance Governor Hochul announced a $37 million Commercial Cohort Initiative to establish four accelerators for clean energy startups. NYSERDA will administer the program, supporting projects from pre-seed pilots to late-stage commercial scale-up.
Finance Flatiron Energy has closed $850 million in financing for the Energizar project, the largest energy storage facility on the East Coast. The 1,200 MWh battery in Chelsea, Massachusetts, is scheduled to begin commercial operations in Q4 2027 to enhance Boston's grid reliability.
Finance The Clean Energy Finance Corporation’s new chief executive has signaled a strategic shift toward supporting large-scale wind projects in New South Wales and Queensland. This move responds to reduced commercial bank appetite and rising construction costs, marking a return to a sector where CEFC previously financed 12 farms.
Finance A new report estimates Odisha requires INR 1.1 lakh crore over the next decade to meet its renewable energy targets. The investment plan prioritizes solar and wind capacity additions alongside significant grid and storage upgrades.
Finance Modi Energy has introduced an energy-as-a-service scheme in Denmark where homeowners pay no upfront costs for solar and battery systems. In exchange, customers receive electricity at a 20% discount to market rates, with the company monetizing stored energy through grid services.
Finance Oswal Pumps Ltd plans a 1.2 GW TOPCon solar cell facility via its subsidiary Oswal Solar Energy Pvt Ltd, with commercial production targeted for April 2028. The INR 456 crore project aims to supply 75% of the company's internal cell needs for its expanding module lines.
Finance Integrated Power Services has acquired Bold Renewables, a Windsor-based provider of field services for legacy solar inverters. The deal adds support for over 4 GW of capacity across North America to IPS's renewable energy portfolio.
Finance TotalEnergies and KKR are adding 700 MW of renewable assets to their existing US joint venture, bringing total capacity to 2.1 GW. The $1.2 billion portfolio, comprising solar projects in Texas and Ohio, is expected to reach commercial operations by early 2027.
