Waaree Energies posts record quarterly results
Waaree Energies Ltd reported revenue from operations of INR 7,565.05 crore in the third quarter of fiscal year 2026, marking a year-on-year increase of 118.81%. Profit after tax (PAT), after accounting for exceptional items, surged 118.35% YoY to INR 1,106.79 crore.
Distributed solar platform Aerem raises $15 million in SMBC-led funding round
Aerem Solutions, an end-to-end platform for distributed solar, has raised $15 million in a Pre-Series B funding round led by SMBC Asia Rising Fund, the venture capital arm of Sumitomo Mitsui Banking Corp. (SMBC).
Why India’s digital future will be built at the edge
The centralized cloud model is now under strain. India alone is estimated to have reached roughly 2,070 MW of data center capacity by the end of 2025, up from about 1,255 MW in 2024, driven by AI adoption, 5G rollout, and video led consumption, even as power, land, and network constraints become more visible. At the same time, global data center markets are grappling with power constraints, rising energy costs, and land limitations, making the continued expansion of a few large hubs increasingly inefficient.
AM Group to set up 1 GW AI compute facility backed by round-the-clock renewable power supply in Uttar Pradesh
AM Group has signed a memorandum of understanding (MoU) with Invest UP, the Government of Uttar Pradesh, to develop a 1 GW high-performance computing (HPC) hub, backed by renewable energy, to serve global AI workloads. The project will entail an investment of around $25 billion.
India’s transition to green steel is expected to be gradual, driven by renewables in the near term: ICRA
ICRA expects the Indian steel industry’s decarbonization to be gradual, with near-term emission reductions driven mainly by higher adoption of renewable energy and improvements in operational efficiency, as high costs and technology constraints limit faster decarbonization.
New Delhi to host Bharat Electricity Summit 2026 from 19–22 March
The four-day Summit will focus on the entire power value chain, including power generation (with emphasis on clean energy systems such as solar, wind, hydro, green hydrogen, etc.), transmission and distribution, energy storage, and energy efficiency solutions.
Waaree Renewable Technologies records Q3 revenue of INR 851.06 crore
Waaree Renewable Technologies Ltd (WRTL), the EPC arm of the Waaree Group, reported its highest-ever third-quarter revenue of INR 851.06 crore for Q3 FY2026, marking a 136.18% year-on-year (YoY) increase from INR 360.35 crore in Q3 FY2025.
CEAT partners with CleanMax for 59 MW hybrid wind–solar projects for captive use
CEAT, a leading Indian tyre manufacturer, has partnered with CleanMax Enviro Energy Solutions Ltd (CleanMax) to develop 59 MW of hybrid wind–solar projects for captive consumption. The projects will supply renewable power to its Halol facility in Gujarat and Kanchipuram facility in Tamil Nadu.
Powering the green shift: How India’s renewable energy workforce evolved in 2025 and what lies ahead in 2026
High solar irradiation, expanding wind corridors, improving transmission infrastructure, and declining storage costs position India to be one of the largest contributors to incremental global renewable capacity additions by 2030. This also strengthens India’s role as a long-term hub for renewable project execution talent.
India adds record 37.9 GW of solar capacity in CY2025
Solar additions in CY2025 comprised 28.6 GW of new utility-scale solar capacity (up about 54.6% year-on-year), 7.9 GW of rooftop solar capacity (a 72% YoY increase), and 1.35 GW of off-grid/distributed solar capacity (8.8% lower than installations in CY2024).
