Uma Gupta
Indosolar posts INR 246.60 crore profit in FY26, up 350% YoY
Indosolar, a subsidiary of Waaree Energies Ltd, has reported revenue from operations of INR 679.85 crore for FY26, up 109.9% from INR 323.91 crore in FY25. Net profit rose 350.2% year on year to INR 246.6 crore.
India’s first FDRE project enters commissioning phase
Juniper Green Energy has begun commissioning a hybrid renewable energy project combining 259 MWp solar, 280 MW wind, and 200 MWh battery energy storage system (BESS) spanning Rajasthan and Gujarat. The project is designed to deliver reliable, firm and dispatchable clean power aligned to grid demand.
China polysilicon hits cost floor as producers curb output amid weak demand
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
SWREL surpasses INR 10,000 crore in EPC order inflows in FY26
Sterling and Wilson Renewable Energy has reported EPC order inflows exceeding INR 10,062 crore in FY26, following the award of an 875 MW (AC) solar project in Bikaner, Rajasthan, from Coal India, and a 50 MW (AC) project in Maharashtra from an independent power producer.
Welspun New Energy signs 200 MW solar-plus-storage PPA with SECI
Welspun New Energy has signed a power purchase agreement (PPA) with Solar Energy Corp. of India (SECI) for a 200 MW solar project paired with a 400 MWh battery energy storage system (BESS).
CCI clears Adani in manufacturing-linked solar case
The Competition Commission of India has closed the matter involving Adani Enterprises Ltd, Adani Green Energy Ltd, Azure Power India, and the Solar Energy Corp. of India, finding no prima facie case of anti-competitive conduct in the award of capacity under a manufacturing-linked solar tender floated by SECI in 2019.
Crompton Greaves secures INR 71.75 crore solar pump order in Maharashtra
Crompton Greaves Consumer Electricals has secured a contract worth around INR 71.75 crore from Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) for the deployment of 3,540 off-grid solar PV water pumping systems across Maharashtra.
Intertek acquires Mitsui Chemicals solar lab assets in India
Intertek Group plc (Intertek), a total quality assurance provider to industries worldwide, has acquired the assets of a state-of-the-art solar PV laboratory in Ahmedabad, Gujarat, from Mitsui Chemicals India.
Ganesh Green Bharat secures INR 430-crore order for supply of G12R TOPCon solar modules
Ganesh Green Bharat Ltd, an Ahmedabad-based solar PV manufacturer and EPC player, has secured a domestic order valued at over INR 430 crore for the supply of advanced 630 Wp TOPCon n-type bifacial solar PV modules.
Waaree Renewable Technologies doubles revenue and profit in FY26
Revenue from operations for FY26 stood at INR 3,331.42 crore, a growth of 108.51% YoY. Net profit surged 109.09% YoY to INR 478.65 crore.
