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Indexel, UNIGRID Partner To Deliver 50 MWh US Sodium-Ion Batteries To India

Rajasthan-based EPC firm Indexel Engineering has partnered with US battery technology company UNIGRID to deploy 50 MWh of advanced sodium-ion battery energy storage systems (BESS) in India. The systems will be installed across industrial hubs, renewable energy integration projects, and microgrid applications, aiming to provide cost-effective, thermally stable, and safe storage solutions. The first installations […]

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CIL Issues Tender For 1 GW Solar Project At Rajasthan Solar Park

Coal India Ltd (CIL) has floated a tender to develop a 1 GW grid-connected solar power project at the 2,000 MW solar park of Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL) in Pugal, Bikaner district, Rajasthan. CIL invited bids until May 7, 2025, CIL said in the tender document. The scope of work mandated the […]

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We Aim To Make Solar Biz Simple & Effective: Nishant Sood

Tell us about your journey. How do you transition from a finance background to the solar industry? Nishant Sood: I’m a mechanical engineer by background—I graduated from IIT in the early 2000s, followed by an MBA in finance. It was a fairly typical path: IIT, then IIM, and straight into investment banking. I graduated from […]

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UltraTech To Tap AMPIN’s 75 MW Solar Project For Captive Power

UltraTech Cement has signed an energy supply agreement and a share subscription and shareholders agreement to acquire a 26% stake in AMPIN C&I Power Eight Private Limited, a company involved in the generation and transmission of renewable energy. AMPIN C&I Power Eight, based in New Delhi, is a special purpose vehicle (SPV) set up to […]

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Zelestra India appoints Prashant Kumar as Chief Financial Officer

Zelestra, a global renewable energy with a portfolio of over 29 GW clean energy projects across 13 countries has announced the appointment of Prashant Kumar as Chief Financial Officer for its India Business Unit, effective immediately. Prashant will report directly to Sajay KV, CEO and will oversee all financial operations for India. This strategic appointment […]

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Waaree Renewable Delivers With Strong Finish To FY25

Waaree Renewable Technologies Ltd. (WRTL), one of India’s fastest-growing and largest solar EPC companies, announced its audited financial results for Q4 and full-year FY25 on Apr 16. WRTL’s Q4 FY25 revenue from operations reached ₹476.58 crore, marking a 32.3% increase sequentially from ₹360.35 crore in Q3 FY25 and a 74.5% increase YoY from ₹273.31 crore […]

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Attero, NISE Join Hands To Tackle Solar Panel Recycling In India

Attero, India’s largest cleantech company and a lithium-ion battery recycler, has signed a memorandum of understanding (MoU) with the National Institute of Solar Energy (NISE), an autonomous body under the Ministry of New and Renewable Energy (MNRE), to address solar panel waste management. Under the MoU, NISE will support Attero with its knowledge and expertise […]

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Green Stock April 16: Caution Rules, Mostly

After the sharp rise we saw yesterday, the markets were a lot more cautious today. Thus, despite a modest rise in the indices, most green energy stocks trailed in terms of gains, or even gave up some gains made yesterday. There is a clear flight to size as we can see now, with one of […]

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Q4 FY25: IREDA Posts ₹1,699 Cr Annual Profit, Up 36% YoY

The Indian Renewable Energy Development Agency (IREDA) records an annual profit after tax (PAT) of ₹1,699 crore for the financial year ended March 31, 2025, marking a 36% jump from the previous year. The state-run green financing firm said PAT for the fourth quarter (Q4 FY2024) rose 49% year-on-year to ₹502 crore. Profit before tax […]

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