Highlights

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.

Photovoltaic module prices have risen for the fourth consecutive month, driven by strong demand for energy independence despite falling upstream costs such as polysilicon. At the same time, production cuts in China and tighter supply conditions are limiting availability, reinforcing price increases across all technologies.

ReNew commissioned 2.4 GW of renewable energy capacity in FY2026, its highest ever annual addition. The company now has total operating capacity of 12.6 GW, the second largest in the country.

IIT Hyderabad-incubated PUR Energy has launched the PuREPower 3.0 Lite, an all-in-one lithium battery-based power backup solution positioned as a cleaner and more compact alternative to conventional inverter and lead-acid battery combinations for the residential segment.

India’s industrial sector is entering a pivotal phase in its energy transition. What was once a routine fuel procurement decision is now becoming a strategic imperative. Rising LPG costs, supply unpredictability, and increasing operational risks are prompting businesses to rethink how they power their operations — not just for efficiency, but for resilience.

Enviro Infra Engineers Ltd (EIEL), an EPC company in water and wastewater treatment, said its total order book exceeds INR 4,600 crore, with more than INR 1,000 crore coming from the renewable energy segment.

Scientists in Chile have developed a low-cost, easy-to-deploy hydrogen system powered by end-of-life solar panels. The residential solution reportedly achieves a levelized cost of hydrogen of approximately $5.8/kg.

A new report from Metal Focus reveals that global silver market remains structurally tight, with elevated prices, a fifth consecutive annual supply deficit in 2025, and ongoing mine and recycling constraints despite modest production growth. At the same time, PV-driven silver demand is falling sharply due to cost pressure and thrifting.

Businesses today are dealing with constant uncertainty—whether it’s rising power tariffs, fuel price volatility, or supply constraints. Solar brings a level of stability that is hard to achieve otherwise.

The growing availability of financing options has had a visible impact on solar adoption. States with well-developed financing ecosystems and supportive policies have recorded significantly higher growth in rooftop installations. In some regions, adoption rates have increased multiple times within a short period.