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NTPC Green Energy Q4 profit slips, but revenue rises 47%; announces fundraise
NTPC Green Energy reported strong revenue and EBITDA growth in Q4FY26 despite a decline in profit, while the board approved a ₹5,000 crore fundraising plan and a new renewable energy joint venture.
Indian Markets Close Higher As Energy And Renewable Stocks See Mixed Trading Activity (22 May 2026) - SolarQuarter
Indian Markets Close Higher As Energy And Renewable Stocks See Mixed Trading Activity (22 May 2026)SolarQuarter
Suzlon bags 195 MW wind energy order from Sunsure Energy
Suzlon has secured a 195 MW wind energy order from Sunsure Energy, further strengthening their partnership, which now totals nearly 300 MW. The project, located in Karnataka’s Bijapur district, will feature Suzlon’s advanced 3 MW wind turbine platform, whose cumulative sales have approached 9 GW. Under the agreement, Suzlon will supply the turbines and oversee project execution, commissioning, and long-term maintenance, supporting India’s growing renewable energy sector.
More RWAs may find their place in the Sun as govt looks to scale rooftop solar installations
As part of a nationwide strategy to enhance rooftop solar energy deployment, resident welfare associations are emerging as crucial allies for the government. The PM Surya Ghar Muft Bijli Yojana is specifically designed to cater to apartment complexes and cooperative housing societies, unlocking renewable energy avenues in urban locales where individual roof spaces are limited.
Indian Stock Market Ends Mixed As Renewable Energy And Utility Stocks See Selective Buying (21 May 2026) - SolarQuarter
Indian Stock Market Ends Mixed As Renewable Energy And Utility Stocks See Selective Buying (21 May 2026)SolarQuarter
Headline: HVR Solar to commission 1.2 GW module manufacturing plant in Sonipat this June 2026
HVR Solar is set to launch a 1.2 GW solar module manufacturing facility near Murthal, Sonipat, in June 2026, bolstering India's renewable energy sector. The advanced plant will produce high-efficiency modules, including HJT and TOPCon, creating over 500 jobs and reinforcing the 'Make in India' initiative.
Vikran Engineering acquires 51% stake in NOPL Solar Projects
The acquisition is in line with the Company's strategy to expand its presence in the renewable energy sector. It will enable business diversification and support long-term growth through participation in solar energy projects.
West Asia conflict fails to slow oil PSUs' capex push
Indian oil companies are pushing ahead with major expansion and clean energy projects. Indian Oil Corporation plans significant investments in refining and renewable energy. Bharat Petroleum Corporation Limited is also allocating substantial funds for refining and marketing. Hindustan Petroleum Corporation Limited's capital expenditure is expected to be slightly lower. These companies are focused on growth and energy transition.
RPSG, Inox, Hexa bid for Enel's renewable energy projects in India
The three firms submitted their bids last week in the ₹3,000 crore enterprise value range for Enel's India business comprising renewable energy generation projects with a potential capacity of 2.5 gigawatts, the people said. The bids were preceded by a six-week period of due diligence during which the Indian suitors were given access to the assets of Enel Green Power India Pvt Ltd.
Vodafone Idea to buy 26% in renewable energy unit for captive power utilisation
Vodafone Idea will invest ₹4.33 crore to acquire a 26% stake in MTK Quantum Green Energy as part of its strategy to source renewable energy for captive consumption. The green energy SPV is setting up a solar power plant in Tamil Nadu.
India needs $10-15 billion worth land parcels in five years to set up solar, wind energy projects: Colliers
India needs substantial land for renewable energy expansion. By 2030, approximately 7 lakh acres will be required for solar and wind projects. This land acquisition is estimated to cost between USD 10 to 15 billion. The country is set to significantly increase its renewable energy capacity, driving investment and development across various sectors.
In India’s parched heart, high power costs put cooling out of reach
India's scorching summers strain power grids, forcing costly upgrades. While cities like Nagpur manage peak demand with advanced cooling, many low-income families face unaffordable electricity bills. This forces them to endure sweltering homes, impacting health and productivity. Despite state plans for cheaper renewable energy, immediate relief for the most vulnerable remains elusive, highlighting a critical affordability gap.