Rays Power signs 283 MWp solar EPC contract with Serentica Renewables
Rays Power Infra has secured the engineering, procurement, and construction contract for a 283 MW DC solar PV project in Karnataka.
Waaree Renewable reports improved revenue, profit in first quarter
Waaree Renewable Technologies recorded a revenue of INR 129 crore ($15.8 million) and a net profit of INR 11.1 crore in the April-to-June period of FY 2023-24.
Waaree Renewable secures 100 MWp solar EPC contract
Waaree Renewable Technologies has secured the contract to set up a 100 MWp solar plant on a turnkey basis. It expects to complete the project within the current fiscal 2023-24.
Sterling and Wilson Renewable Energy reports strong order inflow in FY 2023
The solar and energy storage EPC provider is planning to collaborate with competent agencies for support towards development of robotic system for module cleaning, suiting to the company’s in-house designs.
Saatvik Green secures solar EPC contract for a cement major in Karnataka
Saatvik Green Energy has secured a complete solar EPC contract for an 8.08 MW DC (6.5 MW AC) solar power project in Karnataka.
Gensol Engineering profit surges by 125%
Gensol Engineering’s net profit (profit after tax) surged 125% year-on-year to INR 249 million ($3 million) during the year ended March 31, 2023.
Waaree Renewable Q3 profit soars 11,250% year-on-year
Waaree Renewable Technologies has posted a profit after tax (net profit) of INR 24.97 crore (around $3 million) for the quarter ended December 31, 2022, 11,250% up year-on-year.
Godrej & Boyce eyes 30% annual growth in solar EPC portfolio
The company’s electricals & electronics division aims to grow its solar EPC business at 30% annually for the next three years. With this growth, it expects the EPC business to touch a size of INR 500-700 crore by the end of FY 2025-26.
Reliance Industries to restructure group EPC resources
India’s Reliance Industries Ltd (RIL) is realigning its engineering, procurement, and construction (EPC) resources to create a focused EPC undertaking for implementing its large projects across New Energy, oil-to-chemicals, and 5G roll-out.
Streamlining EPC functioning with SaaS
With software-as-a-service (SaaS) solutions, EPC users can manage different silos as per the solar project requirements. The software ensures that the silos are integrated and accessible during all phases of the EPC to maintain transparency.
