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ET Energy

Indian Oil Okays ₹1,086 Cr Additional Investment In Terra Clean

Indian Oil Corporation Ltd has approved an additional equity investment of ₹1,086 crore in its wholly owned subsidiary Terra Clean Ltd to develop 4.3 GW of renewable energy capacity, the company said in a regulatory filing. The fresh investment supplements the ₹1,303.75 crore previously sanctioned for developing 1 GW of renewable capacity through Terra Clean, […]

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NTPC Green Commissions 75 MW Solar Project

NTPC Green Energy Ltd has commissioned a 75 MW renewable energy capacity under Lot-4 of the IRCON Renewable Power Ltd (IRPL) project, raising the project’s cumulative operational capacity to 225 MW out of a planned 500 MW, the company said in a regulatory filing. IRPL is a joint venture between Ayana Renewable Power Pvt Ltd, […]

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Waaree Renewables Boasts Of 3.2 GW Of Order Book

Waaree Renewable Technologies claimed that its unexecuted order book had grown to 3.2 gigawatts peak (GWp), up from 2.3 GW at the start of the fiscal year, as the listed engineering, procurement and construction (EPC) firm continues to expand its footprint in India’s rapidly evolving clean energy sector. “We started the year with an unexecuted […]

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Jindal Poly Films To Acquire Stake In Solar Film Maker Enerlite

Jindal Poly Films Ltd (JPL) will acquire full ownership of Enerlite Solar Films India, a manufacturer of encapsulation films used in photovoltaic (PV) modules, the company said in a regulatory filing on Wednesday. JPL, which currently holds a 33.05% stake in Enerlite, said the firm would become a wholly owned subsidiary following the transaction. The […]

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SWITCH Mobility Deploys 100 EVs For Waste Management

Switch Mobility, the electric vehicle arm of the Ashok Leyland group, on Wednesday launched 100 customised electric waste management vehicles for the Indore Municipal Corporation, reinforcing the city’s status as India’s cleanest and advancing its sustainable urban development goals. The fleet of Switch IeV3 electric vehicles is set to replace conventional diesel garbage tippers, helping […]

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Cygni Opens 4.8 GWh BESS Gigafactory, To Double Output by 2027

Hyderabad-headquartered Cygni Energy, India’s largest independent energy storage solutions company, has announced the commencement of its Phase-I, fully operational and automated Battery Energy Storage System (BESS) Gigafactory on April 30. Located in E-Mobility Valley, at the Electronics Manufacturing Clusters (EMC) Maheshwaram, Hyderabad, it is also India’s first “Leadership in Energy and Environmental Design” (LEED) qualified […]

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JinkoSolar Swings To Q1 Loss On Lower Shipments, Weak Prices

JinkoSolar Holding Co. reported a sharp drop in first-quarter revenue and swung to a net loss as weak pricing and lower shipments weighed on margins, the company said in its latest financial results. Revenue for the quarter ended March 31 fell 33% sequentially to RMB13.84 billion (US$1.91 billion), down from RMB20.65 billion in Q4 2024 […]

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Green Stocks April 30: No Joy For Green Stocks On Volatile Day

Today was an exceptionally rough day in some ways for our green energy pack, as not a single stock ended up in the green. While the extent of losses varied, the losses were hardly insignificant for most, as you can see in the table. EPCs were particularly badly hit, as they suffered higher losses than […]

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Swelect To Start Solar Cell Production From 2027: Mirunalini Chellappan

Tamil Nadu-based solar module manufacturer Select Energy Systems is now all set to start the production of solar cells likely in 2027, the top management of the firm told Saur Energy. In an exclusive interview with Saur Energy, Mirunalini Chellappan, Director at the publicly listed company, said that the firm is now taking all decisions […]

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