Uma Gupta
ACME Solar FY26 profit jumps 98.4% to INR 498 crore
ACME Solar Holdings has reported a 98.4% year-on-year increase in profit after tax (PAT) to INR 498 crore for fiscal year 2026. The company posted total revenue of INR 2,507 crore for FY 2026, up 59% year on year.
Pace Digitek wins 250MW/500MWh battery storage project from Damodar Valley Corp.
Pace Digitek has secured supply, EPC, and operation and maintenance (O&M) contracts from Damodar Valley Corp. for a 250 MW/500 MWh battery energy storage system (BESS) project at Maithon.
Investment revives in thermal power amid grid stability needs as renewables surge: ICRA
A new report by ICRA says that the thermal power sector in India is witnessing a revived investment emphasis, even as the renewable capacity continue to surge. Thermal power acts as a reliable base-load supply, aiding grid stability amid expectations of power demand growth.
LICO Materials wins government incentives for critical mineral recycling
LICO Materials has committed to invest INR 240 crore in its Karnataka facility that will produce battery-grade critical minerals from end-of-life lithium-ion batteries. The project qualifies for a 20% capital expenditure (CapEx) subsidy and a multi-year operational expenditure (OpEx) subsidy linked to incremental commercial sales through FY 2030-31.
ESG has evolved beyond compliance into core business strategy: Milton Kenny, Premier Energies
Milton Kenny, general manager-ESG at Premier Energies Ltd, discusses how ESG is reshaping the renewable energy sector—from decarbonisation to supply chain transparency and circularity.
Apple partners CleanMax to build 150 MW of renewable energy capacity for captive consumption in India
Apple has partnered with CleanMax to develop more than 150 MW of new renewable energy capacity in India for captive consumption.
PIXON TOPCon solar module capacity added to ALMM list
Gujarat-based PIXON today announced the inclusion of over 1.64 GW of its n-type TOPCon solar module capacity, covering M10R and G12R formats, in the Approved List of Models and Manufacturers (ALMM) published by the Ministry of New and Renewable Energy (MNRE).
India, EU launch €15.2 million programme for advanced EV battery recycling
India and the European Union (EU) have launched a €15.2 million (INR 169 crore) joint funding programme to advance recycling technologies for electric vehicle (EV) batteries, under the India–EU Trade and Technology Council (TTC) Working Group 2 on Green and Clean Energy Technologies.
SPML Infra secures 1 GWh battery energy storage project from NTPC
SPML Infra has secured an INR 1,128 crore ($120 million) contract to develop a 1 GWh battery energy storage system (BESS) at NTPC Ltd’s Barauni Thermal Power Station in Bihar, marking its first large-scale BESS project.
Oswal Pumps secures INR 162 crore solar pump order from MSEDCL
Oswal Pumps has secured an order from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) for the supply and installation of 6,869 off-grid solar PV water pumping systems in Maharashtra. The solar pumps will be deployed under Component B of the PM-KUSUM scheme, also known as the Magel Tyala Saur Krishi Pump Yojana.
