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FY25: Mufin Green Finance Reports 20% Surge In Profit

Mufin Green Finance, a non-banking financial company (NBFC) specializing in financing renewable energy and electric vehicle (EV) projects, has reported strong growth in revenue and profitability for the financial year ended March 31, 2025 (FY25), driven by a surge in clean mobility and energy lending. Financial Performance (FY25 vs FY24) The company’s Revenue from Operations […]

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Error Forgiven By APTEL As SAEL Seeks Relief

In an interesting judgement where the principle of no prejudice to anyone else was considered in the case of an error made, the Appellate Tribunal for Electricity  provided relief to Sukhbir Agro Energy Limited (Now SAEL Limited) versus the UPERC. SAEL headed to APTEL after an order issued by UPERC on November 11, 2021, which […]

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MENA

ALMM May Update- Goldi, Premier, RenewSys Dominate New Additions Of 8653 MW

The May update of the Approved List of Module Manufacturers from the Ministry of New and Renewable Energy (MNRE) is out with possibly the highest ever addition of capacity and new manufacturers in a long time. IN a letter dated May 21, the MNRE has made some changes to the list , with BIS number […]

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Bondada, Telangana GENCO Ink ₹204.2 Cr BESS Project PPA

Telangana-based Bondada Engineering has secured a letter of award from Telangana Power Generation Corporation Limited (TGGENCO) for setting up a battery energy storage system (BESS) project. It said in a regulatory filing, “We are delighted to inform you that this is a first-of-its-kind order for our company in the BESS business line.” It added that […]

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MENA

Green Stocks May 27- Green Developers Resist Slide

On a day when the markets slumped significantly after a quiet start, the green energy pack did well to resist losing too many of the gains made yesterday. Large developers like Adani Green, NTPC Green, and even the public sector SJVN managed to eke out gains on a day when the selling pressure was high. […]

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KREDL Floats 250MW/1100 MWh Solar-BESS Tender At Pavagada

The Karnataka Renewable Energy Development Limited (KREDL) has floated its Tranche I Solar + Battery Energy Storage System (BESS) tender to develop a 250 MW solar project integrated with a 250MW/1,100 MWh BESS. The project, located in Ryapte, will supply peak power and optimize grid utilization at the Pavagada Solar Park under a Build-Own-Operate (BOO) […]

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Insolation Energy Reports 127.5% Jump In Net Profit In FY25

Insolation Energy Limited (INA Solar), an Indian solar module manufacturing company, has now announced its financial results for the financial year 2024-25. The firm reported a sharp rise in its financial performance for the fiscal year ending March 31, 2025, with net profit surging 127.5 percent year-on-year to ₹126.19 crore. The Jaipur-based company reported a […]

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Nextracker Breaches 10 GW Mark In India

Nextracker, a global leader in advanced solar energy solutions, has announced that it has surpassed 10 gigawatts (GW) of solar tracker deployments in India—a major milestone reinforcing its market leadership and the country’s accelerating solar adoption. Nextracker has been expanding its footprint in India with a new 80,000 sq. ft. office and research and development […]

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AM Green, Rotterdam Team Up for $1 Bn India-Europe Green Energy Trade

AM Green and the Port of Rotterdam Authority have signed a Memorandum of Understanding (MoU) to build a green energy supply chain between India and Northwestern Europe via Rotterdam, one of the first energy ports in Europe and a key entry point for hydrogen carriers. The project includes the supply of bunkering fuels and Sustainable […]

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