India

Alpex Solar Ltd has posted consolidated net profit of INR 42.29 crore for the quarter ended June 30, 2025, a stellar 3,890% increase over INR 1.06 crore in the same period last year. The company’s revenue from operations climbed 395% year-on-year to INR 380.32 crore

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.

India’s Ministry of New and Renewable Energy (MNRE) is seeking proposals from government organizations to create and upgrade testing infrastructure for various components, technologies, and processes used across the green hydrogen value chain. The selected projects will be funded up to 100% of the capital cost for equipment, installation, and commissioning of the equipment.

Installation and commissioning of the additional 600 MW solar cell line is nearing completion, with trial production expected in September 2025 and commercial operations anticipated in October 2025.

With this latest award, SECI has allocated a total green ammonia production capacity of 275,000 metric tonnes per annum across four reverse auctions, at prices ranging from INR 51.80 to INR 55.75 per kg.

U-Solar Clean Energy Solutions has commissioned an 8.5 MW group captive solar power plant for Aster DM Healthcare Ltd.

MGVJ Green Infra will provide end-to-end solutions from concept to commissioning for clean energy projects.

Start-ups developing technologies in fields such as solar energy, green hydrogen, energy storage, distributed renewable energy, small hydro, wind, smart grids, and clean mobility will be supported in the development and commercialization of their innovations.

Rajasthan Rajya Vidyut Utpadan Nigam Ltd is accepting bids to set up standalone battery energy storage systems (BESS), connected to the State Transmission Utility (STU), with an aggregate storage capacity of 2,000 MWh (500 MW x 4 hours). The systems will operate on a single-cycle charging/discharging basis.

The US Department of Commerce has initiated full investigations into anti-dumping and anti-subsidy cases against solar imports from India, Indonesia, and Laos filed in July. These investigations, conducted alongside the US International Trade Commission (ITC), are expected to continue into next spring.