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Indian market

Sineng Electric Powered 661 MW Project Goes Live In AP

Sineng Electric, a solar and energy storage solutions providing company, has commissioned a 661MW (925MWp) solar project in Kurnool, Andhra Pradesh. Powered by Sineng’s solar energy solutions, the project has commenced commercial operations. It’s part of the 975MW hybrid renewable energy system developed by ArcelorMittal Nippon Steel India, which includes 661MW (925MWp) of solar power […]

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Gensol Bags 245 MW Solar EPC Project At Khavda

Gensol Engineering Limited, a leading player in the renewable energy sector, has further solidified its position as a key driver of India’s energy transition by securing a significant EPC contract. The company has been awarded a contract by a renowned public sector undertaking for the development of a 245 MW Solar PV Project at the […]

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Inox Wind Q3 FY25: Revenue Up 96%, EBITDA Jumps 192% YoY

Inox Wind Limited (IWL), a wind energy solutions provider announced a strong show for its financial results during the quarter ended December 31, 2024. In the quarter, the company’s order execution increased 82% YoY to 189 MW. The company’s revenue increased 96% year-over-year (YoY), and its EBITDA also grew 192% YoY.   IWL’s order book stood […]

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Green Stocks Jan 31: Will The Budget Light Up Green Stocks?

The answer to our headline seems to be a yes, going by the performance of our green energy pack today. While Waaree Energies stood out after delivering a stellar set of results that are much closer to the firm’s potential for the next year as well, it is the firm’s commentary that should interest analysts. […]

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Waaree Q3 Results- PAT Grows 260%, 26.5 GW order Book

India’s largest solar panel maker, Waaree Energies has announced its Q3 results on Jan 30. The Mumbai headquartered firm reported a sharp 260% jump in profit after tax on a Year on year basis, at Rs 506 crores versus 140 crores last year, indicating a significant improvement in margins as well to 14.30% versus 8.52%. […]

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Solex Energy Achieved 103% Revenue Growth In First 9 Months Of FY 2024

Surat based Solex Energy Limited (NSE: SOLEX), one of India’s most established solar brands, has announced its  financial performance for the year to date (YTD) or nine months ending 31 December. The company reported consolidated revenue of ₹408 crores, reflecting an impressive 103% increase from the previous year for the same period. The company is […]

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Sungrow Aims For Large Share Of Residential, Storage Segments in 2025

Sunil Badesra, Country Head (India and South Asia) for Global inverter leader Sungrow has reason to feel satisfied. Not only has the firm had a stellar 2024 in India, but the future looks even more promising thanks to the strong demand in the market, and a lineup of product offerings from Sungrow India. New launches […]

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The 10 Big Milestones That Will Define India’s RE Sector In 2025

The Indian renewable energy market witnessed several historic events in 2024. These include policy changes, diversified and copious tenders, a record pace of green project installations, bulging order books across manufacturers, EPCs and more. While the overarching focus of the year was to be self-reliant in manufacturing, with real progress finally visible, China still cast […]

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Will India’s Lithium Battery Makers Be Next In Line For Protection From China?

Following the extended trend of protective measures for solar PV manufacturing, and more recently, solar glass, Li-Ion (or LFP ) battery manufacturing could emerge as the next sector to receive similar support from the Indian government. State policies are increasingly being used as a tool to shield domestic industries from the challenges posed by inexpensive […]

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