Vena Energy signs India’s first load-following renewable power purchase agreement with SECI
Vena Energy has signed a load-following 100 MW renewable power purchase agreement (PPA) with the Solar Energy Corp. of India (SECI).
JK Srivastava Group, Hynfra join forces to build $4 billion green hydrogen and ammonia hub in Andhra Pradesh
JK Srivastava Hynfra has signed a memorandum of understanding with NREDCAP to develop a green hydrogen and ammonia hub with a capacity to produce up to 1 million tons of green ammonia annually, powered by 3 GW of solar and wind energy. Operations are expected to begin in early 2029.
Zelestra switches on 435 MW DC Gorbea solar plant in Rajasthan
Zelestra recently inaugurated its 435 MW DC Gorbea solar project in Rajasthan. The project benefits from a 25-year power purchase agreement with Solar Energy Corp. of India (SECI).
India awarded 2.2 GW of standalone battery storage projects in H1 2025: Rystad Energy
India awarded 5.4 GW of co-located solar plus battery energy storage systems (BESS) and 2.2 GW of standalone BESS to developers in the first half of 2025. This marks the nation’s highest BESS allocation to date, says a new report by Rystad Energy.
Reliance to begin solar cell production in Q3
Reliance Industries Ltd (RIL) is set to commission its solar cell manufacturing facility in the next quarter, achieving a significant milestone in its goal of building a fully integrated solar manufacturing value chain in Jamnagar, Gujarat.
U.S. solar projects face development crunch while Canada says “Build, baby, build”
Solar developers prioritize advanced-stage projects in the U.S. due to tightened tax credit deadlines, while projects in Canada are “full speed forward.”
India needs to invest $1.5 trillion by 2030 for climate action at scale: Deloitte report
The report highlights significant investment opportunities across renewable energy (solar, wind, hydro), bio-energy, energy storage solutions, green hydrogen and its derivatives, sustainable transport infrastructure, digital systems and platforms for climate action, sustainable agriculture, and circular economy and waste management.
Sterling and Wilson Renewable Energy Q1 revenue rises 93% YoY to INR 1,762 crore
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 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.
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.
