ACME Solar Q4 profit drops 77% to INR 122 crore despite strong revenue growth
Acme Solar has reported a net profit of INR 122 crore for the fourth quarter ended March 31, 2025, down 77% year-on-year from INR 532 crore in Q4 FY 2024. The total income for the quarter, however, rose 69.5% YoY to INR 539.25 crore.
Premier Energies, Sino-American Silicon enter JV for solar wafer manufacturing
Premier Energies Ltd has signed a 74:26 joint venture agreement with Taiwan-based Sino-American Silicon Products Inc. (SAS). The JV will establish a 2 GW per annum solar wafer manufacturing plant in India.
Reliance Power secures long-term PPA with Bhutan’s GDL for 500 MW solar project
Reliance Power, in partnership with Druk Holding and Investments Ltd (DHI), will develop the 500 MW solar power project in Bhutan with a capital outlay of up to INR 2,000 crore.
Premier Energies, Nuevosol enter JV to manufacture aluminium frames for solar modules
Premier Energies Ltd has entered into a joint venture with Hyderabad-based Nuevosol Energy. The JV will set up a 36,000 MT/year aluminium extrusion and anodizing facility in Seetharampuram, Telangana.
ReNew breaks ground on INR 22,000-crore hybrid renewable energy project in Andhra Pradesh
ReNew has started building a hybrid renewable energy project in Andhra Pradesh, which, upon completion, will have an installed capacity of around 2.8 GW (1.8 GWp of solar and 1 GW wind power), supported by a 2 GWh battery energy storage system.
Waaree Renewable Technologies wins 131.6 MW DC solar EPC order
Waaree Renewable Technologies stated that the 131.6 MW DC solar project, valued at around INR 114.23 crore, is scheduled for completion in the financial year 2025-26.
Advait Energy Transitions secures 67.5 MWp solar order from KPI Green
Advait Energy Transitions has secured an INR 129.39 crore solar EPCC order from KPI Green. The project, with a capacity of 67.5 MWp, will be set up at Khavda, Gujarat.
Koraam New Energie secures INR 186 crore solar pump order
Koraam New Energie, a business vertical of Kosol Energie, has secured an order for supply of solar pumps worth INR 186 crore for projects to be implemented under Component B of the PM-KUSUM Scheme.
Websol posts INR 154.70 crore profit in FY 2025
Websol Energy System Ltd, a solar cell and module manufacturer, has reported revenue from operations of INR 575.5 crore for FY 2025, a significant increase from INR 25.9 crore in FY 2024. The company has posted a net profit (PAT) of INR 154.70 crore in FY 2025, compared to a loss of INR 121 crore in the previous fiscal year.
Kudankulam nuclear power plant to host 50 MW floating solar
Nuclear Power Corp. of India Ltd (NPCIL) has approached Ciel & Terre for installing a floating solar plant on a sea water dyke at its Kudankulam Nuclear Power Plant.
