Tata Power Renewable Energy Ltd has signed a battery energy storage purchase agreement (BESPA) with NHPC Ltd for a 30 MW/120 MWh standalone battery energy storage system (BESS) in Kerala.
ACME Solar Holdings has secured battery energy storage purchase agreements (BESPA) with NHPC for a total contracted capacity of 275 MW/550 MWh across two standalone battery energy storage system (BESS) projects in Andhra Pradesh.
Sterling and Wilson Renewable Energy has reported a revenue of INR 1,762 crore for the first quarter of FY 2026, marking a robust 93% year-on-year growth from INR 915 crore in Q1 FY 2025. Net profit increased to INR 39 crore compared to Q1 FY 2025 PAT of INR 5 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’s commercial & industrial (C&I) portfolio has reached 122.4 MWp through wind-solar-battery energy storage system (BESS) hybrid projects in Tamil Nadu.
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.
Oriana Power has entered a Memorandum of Understanding with Invest Alberta Corp. (IAC), to explore and develop renewable energy projects in Canada’s Alberta province.
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.
Reliance Power has approved plans to raise up to INR 6,000 crore via a Qualified Institutions Placement (QIP), follow-on public offer (FPO), or a combination of both. The company also plans to raise up to INR 3,000 crore through the issuance of non-convertible debentures (NCDs).
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.
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