Tata Power Renewable Energy partners Bank of Baroda for finance to residential solar customers under PM Surya Ghar Yojana
Tata Power Renewable Energy Ltd and Bank of Baroda have signed a Memorandum of Understanding to facilitate low-cost, hassle-free financing options for residential rooftop solar customers under the Pradhan Mantri Surya Ghar Yojana.
HG Infra Engineering sets up battery storage arm
H.G. Infra Engineering has incorporated a wholly owned subsidiary company, H.G. Gujarat Bess, to carry our business in the field of battery energy storage systems.
CtrlS Datacenters unveils 125 MWp captive solar farm in India
The solar farm’s 62.5 MWp capacity already went live in June 2024, while an additional capacity of 62.5 MWp is under implementation.
Torrent Power Q3 profit 30% up YoY
Torrent Power has reported revenue from operations of Rs 6,499 crore and net profit of INR 489 crore in Q3 FY 2025.
Welspun New Energy commits INR 13,500 crore for pumped storage, floating solar in Odisha
Welspun New Energy has signed a memorandum of understanding (MoU) with the state government of Odisha to establish a 1.2 GW pumped storage and a 1 GW floating solar project in Odisha.
Solarium Green Energy IPO opens this week
The price band is fixed at INR 181 – 191 per share and the lot size is 600 equity shares.
Indus Towers raises 26% stake in 50 MW solar plant for self-consumption
Indus Towers has agreed to acquire a 26% stake in a 50 MW solar plant for captive consumption. The solar plant will be set up by Amplus Tungabhadra.
Union Budget 2025: A bright future for India’s solar industry
With climate change and energy security at the forefront of global concerns, the government has unveiled a series of policy measures and incentives designed to accelerate the adoption of solar power.
Amid uncertainty, Premier Energies halts plans for U.S. solar cell factory
Premier Energies of India put its plans on hold to build a manufacturing facility in the United States as it waits for “the regime in the U.S. to settle down and be clear on what they want to do.”
Premier Energies Q3 profit surges 490.58% YoY
The solar manufacturer had an orderbook of 4,539 MW worth INR 69,461 million as of Dec. 31, 2024, across modules (63%), cells (36%), and EPC services (1%).
