Adani Green Energy Ltd (AGEL) has commissioned a 150 MW solar power project at Khavda, taking its total operational renewable energy generation capacity to 19,735.8 MW and its operational battery energy storage system (BESS) capacity to 1,376 MWh.
India’s 500 GW renewable energy target by 2030 dominates every policy conversation. Capacity additions, auction pipelines, transmission corridors; these are the metrics that make headlines. But there is a quieter, less glamorous constraint that could undermine all of it: the country’s under-investment in testing and certification infrastructure for clean energy equipment.
NTPC Renewable Energy Ltd (NTPC REL) has invited bids for the supply of solar PV modules for 1,200 MW of solar projects planned at the Khavda Renewable Energy Park – South Block in the Rann of Kutch, Gujarat.
Developed jointly by IndiGrid and EnerGrid, with Gujarat Urja Vikas Nigam Ltd (GUVNL) as the off-taker, the project is among India’s largest standalone utility-scale BESS installations at a single location.
Bondada Engineering Ltd has received a Notification of Award (NOA) from NTPC Renewable Energy Ltd for the execution of Balance of System (BOS) works for a 600 MW solar PV project at Fatehgarh, Rajasthan. The order value stands at around INR 816 crore.
Solex Energy, a solar module manufacturer and EPC services provider, has reported a 248% year-on-year increase in revenue from operations to INR 885.53 crore for the fourth quarter of FY2026. Revenue for the twelve months ended March 31, 2026, rose 144.3% to INR 1,618 crore.
Waaree Renewable Technologies has signed agreements to acquire a 55% stake in Associated Power Structures for INR 1,225 crore.
Vikram Solar has reported its highest-ever quarterly revenue of INR 1,453 crore in Q4 FY2026, marking a 22% year-on-year increase. Profit after tax (PAT) also rose 22% YoY to INR 110 crore.
ACME Solar Holdings has reported a 98.4% year-on-year increase in profit after tax (PAT) to INR 498 crore for fiscal year 2026. The company posted total revenue of INR 2,507 crore for FY 2026, up 59% year on year.
Pace Digitek has secured supply, EPC, and operation and maintenance (O&M) contracts from Damodar Valley Corp. for a 250 MW/500 MWh battery energy storage system (BESS) project at Maithon.
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