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Update: Rayzon Solar’s Pre IPO Round Attracts $16.2 Million

An earlier version of this story mentioned Sachin Tendulkar as an investor in Rayzon Solar’s maiden funding round, based on details from the company’s regulatory filing (MGT-14).  However, the latest filing (PAS-3) does not show any share allotment to Tendulkar. Accordingly, we have updated the story and removed his name. Solar panel manufacturer Rayzon Solar […]

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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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European RE PPA Market Adds 19 GW New Capacity In 2024

The European renewable energy Power Purchase Agreement (PPA) market saw a strong recovery in 2024, with nearly 19 gigawatts (GW) of new capacity contracted, according to Wood Mackenzie’s latest Europe Renewables PPA Tracker report.  The report highlights a surge in PPA activity, with Spain and Germany leading the market, accounting for 30% of total capacity. […]

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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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Assistant HSSE Lead

To provide information, technical advice and support to all project team members on HSE related matters and to undertake regular review, inspections and audit to sustain the HSE standards in the project. Functional Relationships:- Be an active member of site team and provide support and advice on HSE related  matters. Actively participate on site related […]

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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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Sr. Technical Manager

Responsibilities:- Provide a comprehensive Property Management service to ensure that all amenities are resourced and maintained to high-class industry standard. Ensure all Equipment are maintained and PM followed as per schedule by site Technical staff / AMC vendor. Coordination with Govt statutory bodies like CEIG Inspectorate, BESCOM officials and Fire & safety for timely conduct […]

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APAC Strategy & Market Intel lead

The Strategy and Market Intelligence team at Vestas APAC plays a pivotal role in driving regional business planning, overseeing sub-regional strategies, and ensuring their effective governance. Beyond managing the strategy process, the team conducts in-depth strategic analyses on key business priorities and delivers market intelligence insights to both regional and global stakeholders. Responsibilities:- Co-ordinate growth […]

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