Installations

Waaree Energies Ltd has reported a total income of INR 6,226.54 crore for Q2 FY2026, marking a stellar 69.96% year-on-year (YoY) growth. Net profit (profit after tax) for the quarter surged by 133.78% YoY to INR 878.21 crore.

Jakson Green and Blueleaf Energy have achieved financial close on 840 MWp of jointly owned solar projects in Bikaner, Rajasthan. These projects form part of their larger 1 GWp Rajasthan solar portfolio.

Sunsure Energy, founded in 2014, has evolved from a solar developer into a clean energy solutions provider delivering integrated power solutions across solar, wind, and battery storage. Kartikeya Sharma, co-founder and chief business officer at Sunsure, speaks to pv magazine on the key trends reshaping India’s renewable energy landscape, the rising role of battery storage, and Sunsure’s plans for the market.

Solar Energy Corp. of India Ltd’s (SECI) tender for 2 GW of solar PV projects coupled with a 1 GW/4 GWh energy storage system has yielded a lowest tariff of INR 2.86/kWh. The auction saw participation from several new entrants in the sector, with Shivalaya Construction Ltd securing the largest slice of 600 MW.

The Chinese manufacturer said its new inverters can deliver 160% overload for 200 ms in off-grid mode, ensuring stable startup of heavy loads. The IP66-rated products feature a maximum efficiency of 97.6% and a European efficiency of 97.2%.

With the commissioning of the 50 MW plant at Khavda, Adani Green Energy Ltd’s total operational renewable energy capacity has increased to 16,729.80 MW.

BluPine Energy will develop a renewable energy project coupled with energy storage system to supply firm renewable power during peak hours daily under a 25-year power purchase agreement.

Sinn Power has deployed a 1.8 MW vertical solar array on a quarry lake in the Bavarian municipality of Gilching. The company highlights the ecological benefits of the vertical system configuration and, perhaps surprisingly, its high resistance to storms.

ArcelorMittal has started producing its Helioroof building-integrated PV modules in France. The steelmaker says the system aims to simplify energy retrofits for commercial and industrial roofs.

ReNew Energy Global Plc has announced that it has received a best and final non-binding buyout proposal from Masdar, CPP Investments, the Abu Dhabi Investment Authority, and Sumant Sinha. The offer of $8.15 per share represents an increase of $1.08 per share, or 15.3%, from the initial non-binding proposal dated December 10, 2024.