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renewable

Borosil Renewables Q4 Results: Revenue Up, Losses Down

Indian solar glass manufacturer Borosil Renewables has announced its audited financial results for the quarter (Q4)and year ended March 31, 2025 (FY25). The latest results, submitted by the firm before the stock exchange, reported strong growth in revenues, both on a quarterly and annual basis, but continued to face widening losses amid rising input and […]

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ArcelorMittal’s 1GW Renewable Energy Project Begins Power Supply To Nippon Steel

ArcelorMittal’s 1GW solar and wind project located in  Andhra Pradesh, southern India, has recently started providing clean electricity to AM/NS India which is  ArcelorMittal’s 60/40 Indian steelmaking joint venture with Nippon Steel.  The $0.7 billion project was developed, constructed, and commissioned by AM Green Energy, an ArcelorMittal subsidiary. The India renewables project has been developed […]

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India’s Renewable Energy Sector Sees Surge In FDI: CEEW

India’s renewable energy sector accounted for nearly 8 percent of total foreign direct investment (FDI) inflows in the financial year 2024-25, up from about 1 percent in FY21. The trend was revealed in the latest Market Handbook released by the Council on Energy, Environment and Water’s Green Finance Centre (CEEW-GFC). The sector attracted USD 3.4 […]

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BioLite Acquires Baobab+ To Further Renewable Energy In Africa

Paris-based Baobab Group which provides financing to MSMEs mostly in Africa, has announced the successful completion of the sale of its majority stake in Baobab+ to BioLite. Headquartered in New York and Nairobi, BioLite was founded in 2009 by Jonathan Cedar and Alec and distributes off grid energy products. This strategic divestment will enable Baobab+ […]

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Brookfield Renewable Reports Record Q1 FFO Despite Net Loss

Brookfield Renewable Partners L.P. (BEP) reported Funds From Operations (FFO) of $315 million, or $0.48 per unit, for the quarter ended March 31, 2025. The company said FFO rose 15 percent year-on-year when adjusted for strong hydro generation in the prior year. Overall, FFO per unit increased 7 percent, supported by inflation-linked cash flows, portfolio […]

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Serentica To Supply Hybrid Renewable Power To INOXAP

Serentica Renewables, an Indian renewable energy company has signed a Power Supply and Consumption Agreement (PSCA) with INOX Air Products (INOXAP), India’s largest manufacturer of industrial, electronic and medical gases. Under this agreement, Serentica will supply 75 MW of hybrid renewable energy to INOXAP – its marquee customer – through Inter-State Transmission System (ISTS) project, […]

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GE Vernova Wins Powergrid EHV Gear Order For Renewable Energy Corridors

GE Vernova has been chosen by Power Grid Corporation of India Limited (POWERGRID) to supply more than 70 extra-high-voltage transformers and shunt reactors for key transmission projects across India. The 765 kV units will support transmission infrastructure for renewable power evacuation projects under India’s Tariff-Based Competitive Bidding (TBCB) framework. The order was secured via GE […]

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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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