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India

Tata Power inaugurates 4.3 GW solar cell and module facility in Tamil Nadu 

Tata Power arm TP Solar has inaugurated a 4.3 GW solar cell and module manufacturing facility in Tirunelveli. Women constitute 80% of the workforce at the facility.

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Rayzon Solar secures 280 MW TOPCon module order for Mahindra Susten’s PV project

Rayzon Solar will manufacture and supply 280 MWp of its 16-busbar TOPCon (Tunnel Oxide Passivated Contact) PV panels to Mahindra Susten.

India’s solar cell manufacturing capacity to surpass 50 GW by fiscal 2027

India’s solar cell manufacturing capacity is set to touch 50-55 GW by fiscal 2027, up five-fold from 10 GW at the end of fiscal 2024, says a new report by Crisil Ratings.

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Tata Power Renewable Energy partners Bank of Baroda for finance to residential solar customers under PM Surya Ghar Yojana

Tata Power Renewable Energy Ltd and Bank of Baroda have signed a Memorandum of Understanding to facilitate low-cost, hassle-free financing options for residential rooftop solar customers under the Pradhan Mantri Surya Ghar Yojana.

HG Infra Engineering sets up battery storage arm

H.G. Infra Engineering has incorporated a wholly owned subsidiary company, H.G. Gujarat Bess, to carry our business in the field of battery energy storage systems.

CtrlS Datacenters unveils 125 MWp captive solar farm in India 

The solar farm’s 62.5 MWp capacity already went live in June 2024, while an additional capacity of 62.5 MWp is under implementation. 

Torrent Power Q3 profit 30% up YoY

Torrent Power has reported revenue from operations of Rs 6,499 crore and net profit of INR 489 crore in Q3 FY 2025.

Welspun New Energy commits INR 13,500 crore for pumped storage, floating solar in Odisha

Welspun New Energy has signed a memorandum of understanding (MoU) with the state government of Odisha to establish a 1.2 GW pumped storage and a 1 GW floating solar project in Odisha.

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Solarium Green Energy IPO opens this week

The price band is fixed at INR 181 – 191 per share and the lot size is 600 equity shares.

Indus Towers raises 26% stake in 50 MW solar plant for self-consumption

Indus Towers has agreed to acquire a 26% stake in a 50 MW solar plant for captive consumption. The solar plant will be set up by Amplus Tungabhadra.

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