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.
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.
Rays Power Infra Ltd has secured a 300 MW renewable energy project worth INR 1,912 crore from a state-owned company. Following this award, the company’s total order book stands at over INR 8,000 crore.
Inox Green Energy Services Ltd has secured a Letter of Award (LoA) from KEC International Ltd (KEC) to provide operations and maintenance services for a 625 MWp solar project at Bhadla, Rajasthan.
Kosol Energie has signed a memorandum of understanding (MoU) with the Government of Gujarat to invest INR 90,000 crore in the State. The company said the proposed investment will support the development of advanced solar module manufacturing facilities, next-generation R&D centers, large-scale renewable energy parks, and integrated green energy ecosystems.
The newly launched LNK Energy plans INR 10,000 crore investment to build an integrated clean energy platform spanning solar manufacturing, green fuels and renewable power generation. The company will start with a 6 GW solar cell and module facility with integrated ingot and wafer production in Maharashtra, with plans to expand into related component manufacturing, green hydrogen and renewable power generation.
The share of thermal power in India’s electricity generation is expected to fall below 70% next fiscal, driven by slower growth in power demand and a sharp rise in renewable energy (RE) generation, according to Crisil Ratings.
Joint owners of the 2 GW Al Dhafra solar power plant Abu Dhabi National Energy Company, Abu Dhabi Future Energy Company, EDF Power Solutions and Jinko Power, alongside offtaker Emirates Water and Electricity Company, have issued the green bonds to refinance the plant’s existing debt obligations and support its continued operation.
Setting up solar projects in harsh terrains is more than an engineering challenge—it is a test of planning, adaptability, and execution discipline. As India’s solar capacity continues to expand, the next 100 MW of installations will increasingly come from regions where conditions are difficult but potential remains high.
New orders of INR 3,086 crore in Q3 and a robust pipeline for Q4 gives the company the confidence to revise its order booking guidance to over INR 11,000 crore this fiscal.
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