Asia

Waaree Renewable Technologies, the solar EPC arm of the Waaree Group, has reported its highest-ever quarterly revenue of INR 774.78 crore in the quarter ended Sep. 30, 2025 (Q2 FY 2026). Q2 net profit rose 117.40% YoY to INR 116.34 crore.

Toshiba JSW Power Systems has secured a contract with NTPC Ltd—India’s state-owned power generation company—to provide a centralized monitoring system for 165 thermal and renewable energy power plants.

AMPIN Energy Transition has commissioned the first phase (30 MWp) of its 75 MWp commercial and industrial solar plant in Sirsa district of Haryana—marking the company’s first solar open access project in the state.

ENGIE has signed a power purchase agreement (PPA) with the Solar Energy Corp. of India (SECI) for a 100 MW solar PV project in Barmer, Rajasthan. Located in one of India’s highest solar irradiance zones, the Barmer project is set for commissioning in 2027.

As most imported battery cells are not designed for India’s conditions, localization of battery design and strict adherence to AIS-156 and BIS safety standards is absolutely critical.

Solar panels typically experience only a 10-20% reduction in output during monsoons, not a complete shutdown. The reason is simple: modern panels efficiently capture diffused light, converting scattered sunlight even on cloudy days.

Saatvik Green Energy has launched the UDAY Series on-grid solar inverters. The series includes single-phase inverters (1.1 kW–6 kW) for residential and small commercial rooftops and three-phase inverters (6 kW–50 kW) for residential, commercial and industrial applications.

Bondada Engineering Ltd (BEL) has announced the commissioning of 78.3 MW of solar power projects for leading private-sector power producers including NLC, Paradigm IT, and Mahagenco, across multiple locations in Hingoli, Dhule, and Pathardi (Maharashtra), Neyveli (Tamil Nadu), and Amaravati (Andhra Pradesh), as on September 30, 2025.

Avaada Group has signed a Memorandum of Understanding with the Government of Gujarat to establish 5 GW of solar power projects, 1 GW wind power project and 5 GWh of battery energy storage system projects with a total investment of INR 36,000 crore.

Crompton Greaves Consumer Electricals Ltd (Crompton) has secured a solar rooftop order worth INR 52 crore in Telangana, marking its entry in this segment. The move aligns with the company’s broader strategy to significantly expand its total addressable market (TAM) from INR 75,000-1 lakh crore to INR 2 lakh crore.