Waaree Renewable Technologies Q1 profit surges 206.77% YoY to INR 86.39 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 scales C&I portfolio to 122+ MW with solar-wind-BESS hybrid solutions
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.
Enlight Metals enters solar structure aggregation
Enlight Metals plans to aggregate and supply solar mounting structures sourced from multiple manufacturers across Maharashtra, with an initial focus on the Pune market.
Distributed solar poised to shape the next decade of India’s energy transition through residential, C&I rooftops, and hybrid microgrids
India has set an ambitious target of 280 GW of solar capacity by 2030, and of this, at least 40-45 GW is expected to come from distributed solar — a conservative estimate, considering the pace at which the ecosystem is maturing.
Oriana Power enters MoU to explore and develop renewable energy projects in Canada’s Alberta province
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.
Photovoltaics for cargo ships
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 to raise INR 9,000 crore via QIP, FPO and NCDs
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).
GameChange Solar trackers deployed in India’s first project featuring First Solar’s Series 7 thin film PV modules
GameChange Solar’s Genius Tracker system has been deployed in India’s first project featuring First Solar’s Series 7 thin film PV modules. The project, developed by Cleantech Solar and constructed by Jakson Green, has a total planned capacity of 44.8 MWp.
Mufin Green Finance raises $6.5 million from Developing World Markets to accelerate EV and clean energy financing in India
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.
Rotomag invests in Su-vastika
The strategic collaboration with Rotomag will equip Su-vastika with deep industrial expertise and robust manufacturing capabilities as it aims to scale clean, intelligent, and scalable energy solutions across India and global markets.
