Rays Power Infra secured solar projects worth INR 833 crore in Q2 2024
The solar projects, spread across two states, add over 680 MW to the company’s RE portfolio.
Alpex Solar appoints global head of EPC business
Alpex Solar Ltd has appointed Gaurav Bector as the global head of its EPC (engineering, procurement and construction) business as the company looks to expand its global footprints.
Waaree to set up 1.090 MWp floating solar plant for metal recycling company
Waaree Renewable Technologies has secured a Letter of Award (LOA) from a metal recycling and specialty chemicals company to set up a floating solar power project of 1.090 MWp DC capacity on turnkey basis.
Solex Energy profit grows 222% YoY in FY 2023-24
Solex Energy Ltd, a Surat-based solar panel manufacturer and EPC provider, has posted revenue from operations of INR 3,659.2 million and a net profit of INR 87.3 million for FY 2023-24.
Jakson Green secures INR 600 million to advance renewable energy projects
Jakson Green has secured a sustainable trade facility of INR 600 million ($7.2 million) from HSBC India. This funding will support the company’s working capital requirements for its renewable energy business, both in India and internationally.
Gensol Engineering appoints Shilpa Urhekar as CEO for India solar EPC
Prior to joining Gensol, Shilpa Urhekar served as the country head (India) at Sterling and Wilson Renewable Energy Ltd.
Waaree Renewable Technologies records INR 148.04 crore profit in FY 2024
Waaree Renewable Technologies, the solar EPC arm of Waaree Group, has reported a revenue of INR 876.44 crore and profit after tax (net profit) of INR 148.04 crore in FY 2024.
Sterling and Wilson Renewable Energy revenue up 51% YoY
Sterling and Wilson Renewable Energy has reported consolidated revenue of INR 3,035 crore in FY 2024, 51% up year-on-year. The company’s unexecuted order book surpassed INR 8,000 crore.
Gensol Engineering hits INR 1,783 crore order book
The order book comprises solar EPC projects (including Scorpius Trackers) worth INR 1,448 crore and EV Leasing solutions worth INR 335 crore.
Saatvik Solar appoints Kuldeep Jain as chief operating officer
Saatvik Solar has appointed Kuldeep Jain as chief operating officer (COO) for its solar EPC and independent power production projects.
