Waaree Renewable Technologies Q1 profit surges 206.77% YoY to INR 86.39 crore
Waaree Renewable Technologies Ltd (WRTL), the solar EPC arm of Waaree Group, has reported a net profit of INR 86.39 crore for Q1 FY26, a 206.77% year-on-year (YoY) increase from the same quarter last year. The company’s revenue from operations stood at INR 603.19 crore, up 155.2% YoY from INR 236.35 crore in Q1 FY25.
Zelestra India scales C&I portfolio to 122+ MW with solar-wind-BESS hybrid solutions
Zelestra India’s commercial & industrial (C&I) portfolio has reached 122.4 MWp through wind-solar-battery energy storage system (BESS) hybrid projects in Tamil Nadu.
The Hydrogen Stream: Hygenco commissions green hydrogen plant to decarbonize Sterlite Technologies’ optic fibre production
Hygenco Green Energies has commissioned Maharashtra’s first green hydrogen and green oxygen production facility in Chhatrapati Sambhaji Nagar. This project will supply green hydrogen and oxygen to optic fibre manufacturer Sterlite Technologies Ltd.’s glass preform facility, supporting its goal to achieve Net Zero by 2030.
Photovoltaics for cargo ships
Wattlab has installed a PV system capable of delivering up to 35 kW to a cargo ship’s high-voltage propulsion system, allowing it to temporarily replace one of four diesel generators under optimal conditions.
Mufin Green Finance raises $6.5 million from Developing World Markets to accelerate EV and clean energy financing in India
The funds will mainly be used for EV loans and leases, while also financing EV batteries, charging infrastructure, and solar panel installations for residential and commercial & industrial (C&I) projects.
Rotomag invests in Su-vastika
The strategic collaboration with Rotomag will equip Su-vastika with deep industrial expertise and robust manufacturing capabilities as it aims to scale clean, intelligent, and scalable energy solutions across India and global markets.
Meeting evening peaks with clean power requires a three-pronged strategy: IEEFA
The persistent evening peaks, which now nearly match daytime highs, reinforce the urgency of deploying storage solutions, demand-side measures and hybrid renewable projects to meet post-sunset demand.
Ola Electric targets full 5 GWh battery cell capacity by the end of FY2026
Ola Electric says at 5 GWh scale, the cost of making the battery cell in-house will be lower than procuring it from vendors.
“Energy storage will account for half our business within three years”: Geon vice president
Khushi Kabra, Vice President–Strategy at Geon (formerly Battrixx), speaks to pv magazine on pivoting from electric vehicle (EV) batteries to building a strong foothold in the energy storage space.
Australia’s green hydrogen plan faces water shortage
Green hydrogen is touted by some as the future – a way for Australia to slowly replace its reliance on fossil fuel exports. The energy-dense gas has the potential to reduce emissions in sectors challenging to decarbonise, such as steelmaking and fertiliser manufacturing.
