Union Minister for New and Renewable Energy Pralhad Joshi highlighted that renewable energy is becoming a critical determinant of competitiveness in key industrial sectors such as steel, aluminium, chemicals, automotive and textiles. He emphasised the importance of emerging areas including green hydrogen, battery storage, pumped hydro, offshore wind and round-the-clock renewable energy solutions in the next phase of growth.
Revenue from operations for FY2025–26 increased to INR 1,913 crore, representing a 28% growth YoY. Profit after tax (PAT) surged 341% to INR 85.6 crore.
Renewables business PAT increased 59% YoY to INR 1,994 crore (including INR 857 crore from solar cell and module manufacturing unit).
Distributed energy resources, rooftop solar, C&I open-access systems, behind-the-meter storage, solar agricultural pumps, microgrids, share one decisive advantage: deployment speed. And speed is not the only advantage. Power consumed where it is generated avoids the 15-22% aggregate technical and commercial losses in India’s distribution networks.
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 has partnered with CleanMax to develop more than 150 MW of new renewable energy capacity in India for captive consumption.
Escalating Middle East tensions and global energy supply risks are accelerating Europe’s shift toward solar and storage, particularly in commercial, industrial, and utility-scale segments where energy security, resilience, and price stability are becoming central investment drivers. At the same time, expanding manufacturing capacity in China and India is redirecting surplus solar and storage supply toward Europe, creating a highly competitive and increasingly selective market where long-term success depends on quality, reliability, ESG alignment, and strategic market positioning.
The long-term value of a solar power plant depends on its ability to consistently deliver expected energy output. Soiling is a predictable and manageable factor that directly affects both performance and revenue. Addressing it through regular and structured cleaning practices is essential for maintaining efficiency and protecting returns.
Rays Power Infra today announced that it has commissioned 1.1 GW of solar capacity in the financial year 2026, marking its largest single-year addition to date. The installations, spread across Karnataka, Rajasthan and Gujarat, take the company’s cumulative commissioned portfolio beyond 2.4 GWp.
The system features AI-driven energy management, 10,000-cycle battery life, and scalable expansion up to 126 kWh.
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