Waaree Renewable Technologies has reported a revenue of INR 1,597.75 crore for FY 2024-25, a growth of 82.3% compared to INR 876.50 crore in FY 2023-24.
Coal India Ltd (CIL) is accepting bids to set up a 1 GW grid-connected solar PV plant on a turnkey basis at Rajasthan Rajya Vidyut Utpadan Nigam Ltd’s 2 GW Solar Park in Rajasthan. Bidding closes on May 7.
Adani Green Energy Ltd’s operational renewable energy capacity increased 30% year-on-year to 14.2 GW in FY 2025 and is set to increase to 15.2 GW with additional 1 GW nearing completion.
Since 1993, the World Energy Outlook (WEO) of the International Energy Agency (IEA) has been an authoritative report on energy statistics and guiding future energy supply and demand developments. An examination of these reports, however, indicates that even the most progressive of WEO scenarios has vastly underestimated the growth of renewable energy technologies, especially solar PV.
BrightNight has secured a power purchase agreement with state-owned NTPC to supply 110 MW AC of firm and dispatchable renewable energy.
GameChange Solar, a solar tracker and fixed-tilt racking solutions provider, has surpassed 13 GW of projects in India (commissioned as well as under installation) with 7 GW orders booked in FY 2025 alone.
The US Energy Information Administration (EIA) says cumulative solar installations are expected to double from 91 GW to 182 GW from the end of 2023 to the end of 2026. Meanwhile, battery energy storage capacity is expected to grow 70% in 2025 alone.
Tata Power Renewable Energy Ltd will develop a renewable energy project comprising solar and wind components backed with energy storage to ensure supply of 200 MW firm and dispatchable renewable power.
The capacity is part of a 300 MW Karnisar solar power plant in the Bikaner district.
India installed 23.8 GW of new solar capacity in FY2025, including 16.9 GW from utility-scale, 5,148 MW rooftop and 1,785 MW offgrid installations.
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