India installed 5.93 GW of utility-scale solar in Q1 2025, says JMK Research
India installed 5.93 GW of utility-scale solar capacity in Jan-Feb-March period of 2025, marking a 12.2% increase compared to the previous quarter. Additionally, around 1.34 GW was added in the rooftop solar segment during the same period.
Insolation Energy posts INR 126.2 crore profit in FY 2025
Indian solar manufacturer Insolation Energy Ltd has reported a revenue of INR 1,333.8 crore for FY25, marking an 80.9% year-on-year (YoY) increase from INR 737.2 crore in FY 2024. Profit after tax surged 127.5% YoY to INR 126.2 crore.
The next evolution in solar degradation, unavailability
US-based software provider Solesca presents new ways of handling PV system unavailability and solar module degradation. Engineers have a key role to play in this evolution, ensuring more accurate and reliable energy predictions for solar projects.
Onix Renewable begins work on 1,959 MW decentralized solar project in Maharashtra
Onix Renewable Ltd has commenced development of a 1,959 MW solar power project in Maharashtra under the Mukhyamantri Saur Krushi Vahini Yojana 2.0.
Waaree Renewable sets up subsidiary for power generation from non-conventional energy sources
Waaree Renewable Technologies has established a wholly owned subsidiary named Sunsational Power for power generation from non-conventional energy sources.
Italy installs 1.24 GW of solar in Q1
Italy installed 1.24 GW of new solar capacity in the first quarter, a 19% decline from the same period in 2024, according to renewables association Anie Rinnovabili. The slowdown highlights mounting headwinds in the country’s PV market.
India installed 7 GW solar in Q1 2025, says Mercom
India installed 5.5 GW of large-scale solar and 1.2 GW of rooftop solar in the January–March quarter of 2025. Large-scale solar installations were down over 36% year-on-year.
Alpex Solar secures orders worth INR 1,068.84 crore
Alpex Solar, in consortium with NVNR Power & Infra, has secured an INR 350 crore EPC order from Central Mine Planning and Design Institute Ltd, a Coal India subsidiary. It has a 70% share in the project. The company has bagged three more orders worth INR 823.85 crore for the supply of PV modules and solar pumps.
Tata Power Q4 profit up 25% YoY to INR 1,306 crore
Tata Power has reported a net profit (profit after tax) of INR 1,306 crore and revenue of INR 17,328 crore for the fourth quarter of FY 2025.
Advait Energy Transitions total income up 92% YoY to INR 406.46 crore
Advait Energy Transitions has posted a consolidated total income of INR 406.46 crore and consolidated net profit of INR 32 crore for the fiscal year ended March 31, 2025.
