ReNew reports 13-fold jump in Q1 net profit
ReNew Energy Global has reported a net profit of INR 5,131 million for the first quarter of fiscal year 2026 (Q1 FY26), marking a 13-fold increase from INR 394 million in Q1 FY25. A significant portion of the profit—INR 3,562 million—was contributed by external sales from the company’s solar module and cell manufacturing business.
Juniper Green Energy raises INR 1,739 crore in debt financing from IREDA
The funding will support the execution of large-scale renewable energy projects by the company and its subsidiaries, further strengthening its operational capacity.
NTPC Renewable Energy tenders EPC for 300 MW solar project in Goa
NTPC Renewable Energy Ltd (NTPC REL) has invited bids for an engineering, procurement, and construction (EPC) package, including land acquisition, for the development of a 300 MW grid-connected solar photovoltaic (PV) project anywhere in the state of Goa. Bidding closes on Aug. 26.
Sterling and Wilson Renewable Energy wins EPC order for 245 MW (AC) solar project in Gujarat
Sterling and Wilson Renewable Energy has emerged as the lowest bidder for turn-key EPC package of a 245 MW AC solar project in Gujarat. The project was tendered by a leading state-owned developer.
Seasonally optimized PV panel tilt in Rajasthan can boost annual solar yield by up to 9%
A new study investigates the seasonal optimization of PV module tilt angles to optimize the energy efficiency of solar PV plants in Rajasthan. The results reveal that dynamic tilt adjustments can boost annual solar yield by 8-9% across diverse climatic zones.
Indonesia announces 100 GW solar, storage minigrid plan
The new initiative features plans for 1 MW solar minigrids tied with 4 MWh of accompanying battery energy storage, to be deployed across 80,000 villages, alongside 20 GW of centralised solar power plants.
ACME Solar secures INR 3,184 crore REC funding for 280 MW FDRE project
ACME Solar has secured long-term financing of INR 3,184 crore from REC Ltd for the development and construction of a 280 MW firm and dispatchable renewable energy (FDRE) project contracted with NHPC.
How the India-UK FTA can turbocharge clean energy cooperation and investment between the two nations
Trade is only half the story, the bigger opportunity lies in green finance. Indian renewable energy projects require an estimated $250 billion in capital by 2030. The UK, home to one of the world’s most mature green finance ecosystems, including institutions like the Green Investment Bank and large ESG-focused funds, is ideally positioned to bridge this gap.
Australia faces slowdown as investment in solar and wind falls 64% in 2025
Investment in new large-scale solar and wind in Australia fell by 64% year on year in the first half of 2025 as grid bottlenecks, slow planning approvals, higher costs, and social licensing issues took a heavy toll.
Insolation Green sets up subsidiary for renewable energy project development
MGVJ Green Infra will provide end-to-end solutions from concept to commissioning for clean energy projects.
