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ET Energy

FY25: Inox Green Energy Reports Rise In Profit

Inox Green Energy reported a substantial improvement in its financial performance for the financial year ended March 31, 2025, with net profit (PAT) rising by over 234% to ₹3,851 lakh, compared to ₹1,151 lakh in FY24. The company’s revenue from operations grew marginally by 1.36% to ₹20,474 lakh, up from ₹20,200 lakh in the previous […]

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Green Stocks May 30: Early Rains Cool Energy Stocks

The earlier-than-expected onset of the monsoons seems to have worked to douse some enthusiasm for energy stocks in general, including green energy stocks. Combined with a weekend and month-end push to keep cash handy, saw selling pressure for all but the strongest performers today. Investors are clearly booking profits when they can after seeing the […]

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SAEL Gets $132Mn from NDB, AIIB, Others for AP Solar Project

SAEL Solar MHP1, a subsidiary of SAEL Industries Ltd.,  has secured debt finance amounting to US$132 million from three global financial institutions — Asian Infrastructure Investment Bank (AIIB), New Development Bank (NDB), and Societe Generale. SAEL Solar MHP1 would use the funding to develop a solar power project in Andhra Pradesh. Each institution has committed […]

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Research Manager -Energy

We are looking for an aspiring leader to manage our Fiscal & Valuations team in Gurugram, India.  Our long history in the energy sector is underpinned by our deep understanding and modelling of fiscal regimes around the world. We provide unique insight to our research and consulting clients, industry and Governments, on how fiscal terms impact […]

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APTEL Restores 80MW Wind Power PPA For Wind Energy Firm

In a significant ruling for renewable energy developers, the Appellate Tribunal for Electricity (APTEL) has set aside an Andhra Pradesh state regulator’s order that had upheld the termination of a large portion of a wind power agreement in Andhra Pradesh. The tribunal ruled in favour of Guttaseema Wind Energy Company Pvt Ltd, which operates an […]

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2030 Target No Longer Bold Enough, Look Beyond 500 GW

India’s pledge to install 500 GW of non-fossil energy by 2030 was hailed as bold and transformational when announced at COP26 in 2021. However, this target is no longer sufficiently ambitious compared to what the country has potential to achieve, thanks to the overall evolution of the energy landscape through the last few years.  For […]

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The Start Of The Energy Storage Era Has Arrived In India- SBI Caps

Investment bank SBI Caps has released a new report on the evolving battery scenario in India. The report makes a number of observations and recommendations to ensure that the critical sector delivers on its promise. From cautioning against a rush towards reducing dependence on China, calling instead for a more calibrated approach, to  increasing import […]

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Waaree Solar Americas Gets 586 MW Global Order Worth $176 Mn

Waaree Solar Americas, a subsidiary of Waaree Energies, has received an international order for 586 MW of solar modules, the company said in a regulatory filing. The $176 million order was placed by a prominent U.S.-based developer and owner-operator of utility-scale solar and energy storage projects, the company added. Waaree Solar Americas secured the order […]

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Saatvik Green Energy Marks 10 Years In India’s Solar Sector

Indian solar module manufacturer Saatvik Green Energy Ltd (SGEL) on Wednesday marked its 10th anniversary, highlighting a decade of operations in the country’s clean energy sector. Founded on May 29, 2015, as Saatvik Green Energy Pvt Ltd, the company was incorporated under the Companies Act, 2013. It transitioned to a public limited company in September […]

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