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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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Working Towards Making Solar Affordable For Masses: Karan Singh (Evolve)

How has the journey of Evolve Energy been in India? What are the key factors driving its growth? Evolve Energy’s expansion across India and overseas has been driven by its integrated business model, which spans the manufacturing of solar components to the construction and operation of power plants. This end-to-end structure has provided customers with […]

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Mufin Green Finance Secures $18 Million to Boost EV Lending for MSMEs

Mufin Green Finance has raised $18 million in debt funding from a US-based institution to expand electric vehicle (EV) financing and leasing solutions for India’s micro, small and medium enterprises (MSMEs). The 10-year loan includes an initial disbursement of $10 million, with the remaining $8 million expected within 12 months, the company said in a […]

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PM To Kick Off ₹53,400 Cr Bhuj Projects, Khavda Renewable Energy Park

Prime Minister Narendra Modi will lay the foundation stone and inaugurate development projects worth more than ₹53,400 crore in Bhuj in Gujarat, with a focus on infrastructure, power, and renewable energy. Key announcements include transmission projects to evacuate renewable power from the Khavda Renewable Energy Park, expansion of the transmission network, and a new ultra-supercritical […]

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Lower C&I Tariffs, Residential Support Can Boost RE Shift: CEEW

A new report by the Council on Energy, Environment, and Water (CEEW) and the Alliance for an Energy-Efficient Economy (AEEE) finds that power pricing reforms can drive equitable and scalable electrification. The report highlights that reforms promoting greater rooftop solar penetration in residential buildings and rationalised tariffs for commercial and industrial users are key to […]

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BESS Installs In Europe Grow 15% In 2024, Future Growth Expected To Jump

Europe experienced another year of record installations for battery storage, despite slower year-on-year growth, according to the  European Market Outlook for Battery Storage by Solar Power Europe. Europe installed 21.9 GWh of battery energy storage systems (BESS) in 2024, marking the eleventh consecutive year of record installations, and bringing Europe’s total battery fleet to 61.1 […]

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Australia’s Residential Storage Boom Portends The Next Solar Trigger In India As Well

Australia is among the frontrunners in the recent surge of energy storage that the world is witnessing. Needed in order to support the robust renewable energy growth and the changing energy industry dynamics. The home / residential battery market, in particular, is experiencing significant growth in Australia, with a recent surge in demand attributed to […]

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Global EV Market On Track To Top 40% By 2030: IEA

The global market for electric vehicles is on course to exceed 40 percent of all car sales by 2030, despite economic uncertainties, the International Energy Agency (IEA) said in a report released Tuesday. EVs are becoming increasingly affordable in more markets, the IEA noted in its annual Global EV Outlook. China remained the dominant force, […]

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Adani Green Commissions 187.5 MW Solar Plant at Khavda

Adani Green Energy Ltd (AGEL), through its subsidiary Adani Renewable Energy Fifty Seven, has commissioned an additional 187.5 megawatts (MW) of solar power capacity at Khavda in Gujarat, the company said in a regulatory filing. “With the operationalization of the latest solar project, AGEL’s total renewable energy capacity has increased to 14,528.4 MW,” it added. […]

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