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SW Solar Q4 Results: Cons profit surge 143% YoY despite 23% revenue decline
Sterling and Wilson Renewable Energy reported a 143% jump in Q4 net profit to Rs 135 crore, but revenue declined 23% year-on-year to Rs 1,946 crore, indicating improved profitability despite lower sales.
ReNew to set up 6.5 GW solar facility in Andhra Pradesh with investment of Rs 4,500 crore
ReNew Energy is building a major solar manufacturing plant in Andhra Pradesh. The facility will produce solar ingots and wafers. This project represents a significant investment and will create many jobs. It is part of ReNew's larger commitment to the state. The plant is expected to be operational within two years. This development strengthens India's clean energy sector.
Energy security should drive adoption of renewables now: Hero Future Energies chief Rahul Munjal
Rahul Munjal of Hero Future Energies said India must shift its renewable energy narrative from climate goals to energy security amid oil supply disruptions. He stressed scaling from gigawatts to terawatts, highlighting green hydrogen, solar, and wind as key to reducing crude oil dependence.
ReNew commissions 2.4 GW, marks record renewable capacity addition
ReNew Energy Global Plc achieved a record 2.4 GW of new renewable energy capacity in FY2026. This brings their total operating capacity to 12.6 GW, making them the second largest in India. The company also has significant solar manufacturing capabilities. This marks a significant milestone for ReNew's growth in the renewable energy sector.
CleanMax, Sangam India partner for hybrid renewable energy supply in Rajasthan
CleanMax Enviro Energy Solutions and Sangam India have joined forces. This partnership aims to reduce carbon emissions for Sangam India's operations in Rajasthan. A hybrid renewable energy supply agreement has been signed. It will provide solar and wind power, supported by battery storage. This will power five Sangam facilities across Rajasthan.
NTPC Green Energy shares gain the most in a month to retest its IPO price
The recent increase in NTPC Green shares can largely be attributed to the Iran war, which has led to a global energy crisis and a resultant shift to green energy / clean mobility / renewable energy companies.
CLEANMAX commissions 185 MW hybrid renewable energy project at Kalavad, Gujarat
Clean Max Enviro Energy Solutions announced the commissioning of its 185 MW hybrid renewable energy project at Kalavad, Gujarat.
NTPC partners with UK’s Octopus Energy to explore clean energy, EV and storage opportunities
India's NTPC and UK's Octopus Energy Group have signed an agreement. They will explore business opportunities together. This includes electricity distribution and storage. The collaboration will focus on India, the UK, and other regions. They aim to improve efficiency and clean energy use. Opportunities in renewable energy, EV charging, and digital platforms will be assessed.
India advances Sustainable Development Goals with clean energy, sanitation, and inclusive growth
India stands at the forefront of sustainable development innovation. Noteworthy achievements include the complete eradication of open defecation in districts and the implementation of gender-segregated toilets in educational institutions, enhancing public health. Waste management has seen a transformation, with smart cities processing over 70% of their waste through advanced methods.
Cabinet approves Rs 2,585 crore Small Hydro Power Development Scheme
The Union Cabinet has approved a Rs 2,585 crore scheme to boost small hydro power development. This initiative aims to add 1,500 MW of renewable capacity by 2030-31. Projects will be run-of-river, avoiding dams and displacement. The scheme is expected to attract Rs 15,000 crore in investment, creating clean energy and boosting the nation's renewable capacity.
Iran war: Adani Power, Hatsun Agro among 10 stocks that surged up to 40% since conflict began
Amidst geopolitical tensions and market corrections, select Indian stocks have surged significantly. Defence, jewellery, digital infrastructure, and energy sectors have shown robust performance, with companies like Swan Defence, Bluestone Jewellery, Sterlite Technologies, and Adani Power leading the gains. Resilience in banking and consumption stocks also highlights selective investor interest in stable businesses.
Italian energy major Enel files international arbitration against Waaree Energies
Italian energy giant Enel SpA has launched arbitration proceedings against solar manufacturer Waaree Energies Ltd. The case, filed in London, concerns alleged loss of profits following a failed acquisition of Enel's Indian renewable arm. Waaree Energies disputes the claims and plans to contest them. The financial impact remains undetermined pending the arbitration outcome. Waaree will explore all legal options.