Alpex Solar Q1 consolidated profit soars 3,890% to INR 42.3 crore
Alpex Solar Ltd has posted consolidated net profit of INR 42.29 crore for the quarter ended June 30, 2025, a stellar 3,890% increase over INR 1.06 crore in the same period last year. The company’s revenue from operations climbed 395% year-on-year to INR 380.32 crore
How the India-UK FTA can turbocharge clean energy cooperation and investment between the two nations
Trade is only half the story, the bigger opportunity lies in green finance. Indian renewable energy projects require an estimated $250 billion in capital by 2030. The UK, home to one of the world’s most mature green finance ecosystems, including institutions like the Green Investment Bank and large ESG-focused funds, is ideally positioned to bridge this gap.
MNRE launches second call for proposals to build and upgrade green hydrogen testing infrastructure
India’s Ministry of New and Renewable Energy (MNRE) is seeking proposals from government organizations to create and upgrade testing infrastructure for various components, technologies, and processes used across the green hydrogen value chain. The selected projects will be funded up to 100% of the capital cost for equipment, installation, and commissioning of the equipment.
Australia faces slowdown as investment in solar and wind falls 64% in 2025
Investment in new large-scale solar and wind in Australia fell by 64% year on year in the first half of 2025 as grid bottlenecks, slow planning approvals, higher costs, and social licensing issues took a heavy toll.
Abandoned US nuclear site to host 16,000 MT polysilicon plant
Highland Materials will build a 16,000 metric ton (MT) solar-grade polysilicon plant on a former US nuclear project site, under a long-term lease with Pivotal Manufacturing.
Websol’s new solar cell line to begin production from October
Installation and commissioning of the additional 600 MW solar cell line is nearing completion, with trial production expected in September 2025 and commercial operations anticipated in October 2025.
Sinovoltaics updates financial stability ranking of energy storage manufacturers
The latest financial stability ranking has Tesla, Mustang Battery, and Solid Power holding the top three spots in a report that tracks Altmann-Z scores for 57 manufacturers over the past three years.
The Hydrogen Stream: India’s SECI awards 70,000 MT/year green ammonia at INR 53.05/kg
With this latest award, SECI has allocated a total green ammonia production capacity of 275,000 metric tonnes per annum across four reverse auctions, at prices ranging from INR 51.80 to INR 55.75 per kg.
U-Solar commissions 8.5 MW group captive solar plant for Aster DM Healthcare
U-Solar Clean Energy Solutions has commissioned an 8.5 MW group captive solar power plant for Aster DM Healthcare Ltd.
Insolation Green sets up subsidiary for renewable energy project development
MGVJ Green Infra will provide end-to-end solutions from concept to commissioning for clean energy projects.
