GREW Solar raises INR 1,050 crore from overseas investors to fuel capacity expansion
GREW Solar has raised INR 1,050 crore in a new funding round led by Bay Capital Investment Ltd, with participation from two other institutional investors. The company said it will use a significant portion of the proceeds to expand the manufacturing capacity of its upcoming PV cell facility from 3 GW to 8 GW.
India installs record 36.6 GW solar in 2025
Large-scale projects accounted for nearly 81% of the total solar capacity additions in the year 2025.
Insolation Energy Q3 EBITDA surges 175% YoY to INR 81.7 crore
Insolation Energy Ltd has reported a 175% year-on-year increase in Q3 FY 2025-26 EBITDA to INR 81.7 crore. The quarterly revenue rose 77% to INR 575.3 crore.
INOX Clean Energy targets 10 GW of solar in Africa through JV with RJ Corp
INOX Clean Energy, part of INOXGFL Group, has partnered with diversified Indian conglomerate RJ Corp Ltd and utility-scale solar developer SkyPower to launch a fully integrated renewable energy platform to deploy more than 10 GW of solar capacity across Africa.
Bondada Engineering partners Dubai’s Bryanston to develop renewables-powered data centers
Hyderabad-based Bondada Engineering Ltd (BEL) has signed a memorandum of understanding (MoU) with Dubai-headquartered Bryanston Renewables FZCO to jointly develop renewable energy-powered data centers in India and select international markets.
Amara Raja Energy & Mobility to set up US arm with $5 million investment
Amara Raja Energy & Mobility’s Board of Directors has approved the incorporation of a wholly owned subsidiary in the US for strengthening the company’s customer servicing capabilities and facilitating global business expansion.
GUVNL’s 335 MW/670 MWh battery storage tender under VGF scheme yields INR 2.10 lakh/MW/month tariff
Gujarat Urja Vikas Nigam Ltd. (GUVNL) has concluded its tender for 335 MW/670 MWh of standalone battery energy storage system (BESS) capacity, discovering a tariff of INR 2.10 lakh per MW per month.
AMPIN Energy Transition wins 199 MW in SECI FDRE auction
To meet the peak-hour supply requirement, AMPIN Energy Transition will pair the contracted 199 MW solar capacity with around 800 MWh battery energy storage system (BESS).
Advait Energy Transitions posts consolidated revenue of INR 486.33 crore for 9MFY26
Advait Energy Transitions Ltd has reported strong financial performance for the third quarter and first nine months of FY26, driven by execution momentum across its power transmission solutions and new & renewable energy businesses.
US government withdraws defense of solar tariff pause
The US Department of Justice (DoJ) has withdrawn from defending the executive order that paused certain tariffs on imported solar components, leaving private industry groups and companies to continue the appeal. The withdrawal increases legal uncertainty over potential retroactive duties tied to imports from Cambodia, Malaysia, Thailand, and Vietnam.
