Uma Gupta
Saatvik Green Q3 FY26 profit jumps 144% YoY to INR 987.2 million
Saatvik Green Energy Ltd has posted INR 12,570.2 million revenue in Q3 FY26, up 143% year-on-year, while profit after tax (PAT) rose 144% YoY to INR 987.2 million.
GameChange Solar to supply trackers for 1,290 MWp Bisha plant in Saudi Arabia
GameChange Solar has won an order to supply its Genius Tracker 1P system for the 1,290 MWp Bisha solar PV independent power plant in Saudi Arabia. The project is being developed by ACWA Power, with L&T as the EPC partner.
Loom Solar launches 125 kW/261 kWh BESS for C&I applications
Indian solar manufacturer Loom Solar has launched a 125 kW/261 kWh CAML battery energy storage system (BESS) for commercial and industrial (C&I) applications. The BESS is scalable up to 1 MWh.
NLC wins 600 MW solar-plus-storage project from SECI
NLC India Ltd has secured a 600 MW solar project coupled with a 300 MW/1,800 MWh energy storage system (ESS) from the Solar Energy Corp. of India (SECI). The company said its wholly owned subsidiary, NLC India Renewables Ltd (NIRL), has received a letter of award for the project.
The Hydrogen Stream: NTPC Green signs MoU with Assago Industries for green ammonia supply
NTPC Green Energy Ltd (NGEL) has signed a Memorandum of Understanding (MoU) with Assago Industries for the supply of green ammonia, CO₂, renewable power, and other utilities to support the production of 1,000 tonnes per day (tpd) of green urea.
Over 2.08 million rooftop solar systems installed under PM Surya Ghar scheme as of Dec. 2025
More than 2.08 million rooftop solar systems have been installed across India under the PM Surya Ghar: Muft Bijli Yojana as of Dec. 2025, according to the Ministry of New and Renewable Energy.
Thermal anchors grid reliability as renewables drive power capacity in FY2027: India Ratings
Coal-based thermal power is expected to remain the backbone of electricity generation in FY27, accounting for around 70%, even as renewable energy continues to dominate incremental capacity additions.
Epic Energy selects REFNIC as technical partner for lithium-ion battery recycling and second-life facility
Epic Energy has selected REFNIC as the technical partner for setting up a lithium-ion battery shredding facility with an installed capacity of 500 kilograms per hour of black-mass production, and a second-life battery assembly plant with an installed processing capacity of approximately 10 MWh per month.
South Korea’s GS E&C enters India’s renewable energy market with 12.75 MWp open-access solar project
South Korea’s GS Engineering & Construction (GS E&C) has officially entered India’s renewable energy market with the completion of the 12.75 MWp Patur Solar Park in Maharashtra, marking the start of its commercial operations.
India’s Union Budget 2026–27 removes customs duty on solar glass inputs, lithium battery cell machinery, and critical minerals processing equipment
India’s Union Budget 2026–27 extends basic customs duty (BCD) exemptions on the import of capital goods used for lithium-ion cell production for battery energy storage systems (BESS), as well as capital goods required for processing critical minerals. It also removes the 7.5% BCD on sodium antimonate used in solar glass manufacturing.
