India

Indosolar, a subsidiary of Waaree Energies Ltd, has reported revenue from operations of INR 679.85 crore for FY26, up 109.9% from INR 323.91 crore in FY25. Net profit rose 350.2% year on year to INR 246.6 crore.

Juniper Green Energy has begun commissioning a hybrid renewable energy project combining 259 MWp solar, 280 MW wind, and 200 MWh battery energy storage system (BESS) spanning Rajasthan and Gujarat. The project is designed to deliver reliable, firm and dispatchable clean power aligned to grid demand.

Sterling and Wilson Renewable Energy has reported EPC order inflows exceeding INR 10,062 crore in FY26, following the award of an 875 MW (AC) solar project in Bikaner, Rajasthan, from Coal India, and a 50 MW (AC) project in Maharashtra from an independent power producer.

Emergency Restoration Systems, often referred to as ERS, are gaining importance as a critical part of grid management. These systems are designed to restore transmission lines rapidly after failures caused by natural disasters, technical faults, or external damage. While traditional restoration methods can take days or even weeks, ERS offers a faster and more flexible alternative, helping utilities bring power back online in a much shorter time.

The Competition Commission of India has closed the matter involving Adani Enterprises Ltd, Adani Green Energy Ltd, Azure Power India, and the Solar Energy Corp. of India, finding no prima facie case of anti-competitive conduct in the award of capacity under a manufacturing-linked solar tender floated by SECI in 2019.

Crompton Greaves Consumer Electricals has secured a contract worth around INR 71.75 crore from Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) for the deployment of 3,540 off-grid solar PV water pumping systems across Maharashtra.

Intertek Group plc (Intertek), a total quality assurance provider to industries worldwide, has acquired the assets of a state-of-the-art solar PV laboratory in Ahmedabad, Gujarat, from Mitsui Chemicals India.

Ganesh Green Bharat Ltd, an Ahmedabad-based solar PV manufacturer and EPC player, has secured a domestic order valued at over INR 430 crore for the supply of advanced 630 Wp TOPCon n-type bifacial solar PV modules.

Revenue from operations for FY26 stood at INR 3,331.42 crore, a growth of 108.51% YoY. Net profit surged 109.09% YoY to INR 478.65 crore.

ReNew commissioned 2.4 GW of renewable energy capacity in FY2026, its highest ever annual addition. The company now has total operating capacity of 12.6 GW, the second largest in the country.