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Insolation Energy posts INR 126.2 crore profit in FY 2025

Indian solar manufacturer Insolation Energy Ltd has reported a revenue of INR 1,333.8 crore for FY25, marking an 80.9% year-on-year (YoY) increase from INR 737.2 crore in FY 2024. Profit after tax surged 127.5% YoY to INR 126.2 crore.

AM Green, Port of Rotterdam collaborate to build green fuels supply-chain corridor

India’s AM Green and the Port of Rotterdam have signed an agreement to develop a supply-chain corridor for exporting green hydrogen, green ammonia and sustainable aviation fuels from India to Europe.

Novasys Greenergy unveils 650 W bifacial TOPCon solar module

Novasys Greenergy has unveiled Lynx Series n-type TOPCon glass-backsheet bifacial solar modules in power outputs from 600 Wp to 650 Wp and efficiencies between 21.27% and 23.05%.

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Bondada Engineering secures 2.6 GWp solar project in Andhra Pradesh

Hyderabad-based Bondada Engineering Ltd has secured the development of a 2.6 GWp solar power project in Ananthapuramu and Sri Sathya Sai districts of Andhra Pradesh.

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India Ratings upgrades rating for JSW Renew Energy’s debt facilities

India Ratings and Research (Ind-Ra) has upgraded the rating of JSW Renew Energy Two Ltd’s debt facilities from ‘IND A-/Stable’ to ‘IND A/Stable’. JSW Renew Energy Two Ltd is a step-down subsidiary of JSW Energy and is currently implementing a 300 MW AC (429 MW DC) solar power project in Thirumani, Pavagada, Karnataka.

Onix Renewable begins work on 1,959 MW decentralized solar project in Maharashtra

Onix Renewable Ltd has commenced development of a 1,959 MW solar power project in Maharashtra under the Mukhyamantri Saur Krushi Vahini Yojana 2.0.

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Advait, HG Infra secure BESS purchase agreements with GUVNL

Advait Energy Transitions and H.G. Infra Engineering have secured battery energy storage purchase agreements (BESPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL) for capacities allocated under GUVNL’s Phase IV tender.

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NTPC Green Energy wins 80 MW/320 MWh battery storage project in Kerala

NTPC Green Energy Ltd (NGEL) and Opera Energy have emerged as winners in NHPC’s tender for setting up standalone battery energy storage systems (BESS) in Kerala, supported by viability gap funding.

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Exicom unveils new DC fast charger, built for enhanced efficiency and reliability

India’s Exicom has launched its next-generation DC fast charger, Harmony Direct 2.0, engineered for reliability and efficiency in EV charging. The charger is powered by India’s first indigenously developed EV charger controller platform.

India on track to surpass 2030 emission reduction target

India’s energy sector emission intensity could decrease by 48–57% by 2030 compared to 2005 levels—according to a new emissions modelling analysis by the Council on Energy, Environment and Water (CEEW) and the Alliance for an Energy Efficient Economy (AEEE).

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