Tag
Renewable Energy
46 articles
Renewable energy companies demonstrated robust growth and strategic expansion in fiscal year 2026, driven by India's ambitious 500 GW non-fossil energy target. Saatvik Green Energy reported significant revenue and profit increases, alongside strategic initiatives like expanding manufacturing capacity and vertical integration through acquisitions like Melcon Transformers. Vikran Engineering diversified into renewable energy with a 51% stake acquisition in NOPL Solar, while also settling a loan with Onix Renewable. Additionally, KEI Industries invested in captive solar power, and CleanMax received an upgraded credit rating reflecting improved financial strength and portfolio growth. These developments highlight the sector’s momentum and potential for continued expansion, though investors should monitor execution risks associated with ambitious growth targets and evolving regulatory landscapes.
Vikran Engineering Closes ₹49.15 Crore Onix Loan
Vikran Engineering Limited executed a Composite Amendment and Supplement Agreement on 20th May 2026 to close its ₹49.15 crore loan to Onix Renewable Limited.
The loan was settled via adjustment: ₹10 c
Vikran Engineering Acquires 51% Stake in NOPL Solar
Vikran Engineering Limited completed the acquisition of a 51% stake in NOPL Solar Projects Private Limited on 20th May 2026 for Rs. 5.10 Crores.
The acquisition is a related party transaction as one d
Saatvik Green Energy FY26 PAT Up 64% to ₹3,571 Mn
Saatvik Green Energy reported FY26 revenue of ₹45,484 Mn, up 111% YoY, with PAT growing 64% to ₹3,571 Mn on strong operational performance.
The company strengthened its balance sheet, reducing debt-eq
Saatvik Green Energy FY26 Revenue Up 111% to ₹45,484 Mn
Saatvik Green Energy reported FY26 revenue of ₹45,484 Mn, up 111% YoY, with PAT growing 64% to ₹3,571 Mn.
The company achieved its highest-ever annual production of 3,162 MW and maintained a strong or
Saatvik Green Energy FY26 Consolidated Net Profit ₹3.57B
Saatvik Green Energy reported audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, approved by the board on May 20, 2026.
Consolidated FY26 performance showed reve
Ravindra Energy Board to Finalize Rights Issue Terms
Ravindra Energy intimated a board meeting on May 23, 2026, to finalize terms for its upcoming rights issue.
The board will determine specific terms including the record date and issue period for the r
Saatvik Green Energy FY26 Results: Profit ₹3.57B
Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026.
Consolidated FY26 net profit reached ₹3,571.15 million with revenue of ₹23,787.03 million.
Comp
KEI Industries Invests ₹5.9 Cr in Rajasthan Solar SPV
KEI Industries invested ₹5.9 crore to acquire 26% stake in Solarcraft Power India 24 for captive solar power.
The investment includes equity shares and compulsory convertible debentures to source up t
Clean Max Allots 4800 Shares via ESOP Exercise
Clean Max's committee approved allotment of 4800 equity shares via ESOP exercise and bonus issuance on 20 May 2026.
The allotment comprises 2400 shares exercised at ₹1 each and 2400 bonus shares issue
Vodafone Idea Acquires 26% in MTK Quantum Green
Vodafone Idea disclosed acquisition of 26% equity in MTK Quantum Green Energy Pvt Ltd for ₹4.33 crore via SEBI Regulation 30 filing.
The acquisition supports regulatory compliance for captive power pl
Suzlon Energy Q4 FY26 Earnings Conference Call
Suzlon Energy schedules Q4 FY26 earnings conference call for analysts and investors on May 25, 2026.
Management participants include CEO Ajay Kapur, CFO Rahul Jain, and Group Executive Council member
CleanMax Credit Rating Upgraded to AA-/Stable by CARE
CARE Ratings upgraded CleanMax's long-term credit rating to AA-/Stable from A+/Positive, reflecting improved financial strength.
FY26 consolidated EBITDA reached ₹1,295 crore, up 28% YoY, while PAT su
Orient Green Power Subsidiary Executes 6.6MW Wind LOI
Orient Green Power's subsidiary Beta Wind Farm executed a Letter of Intent with Renfra Energy for 6.6MW wind capacity expansion.
The turnkey project involves two 3.3MW wind turbines in Tamil Nadu with
GRE Renew Receives ₹81.72 Lakh Solar EPC Order
GRE Renew Enertech discloses ₹81.72 lakh order from Govind Bronze Alloys LLP for a rooftop solar plant.
The order is for a 303.26kW DC/250 kW AC grid-connected solar project on an EPC turnkey basis.
E
Zydus Lifesciences Completes Torrent Urja 25 Investment
Zydus Lifesciences and subsidiaries invested Rs 90.18 million in Torrent Urja 25 equity shares on May 19, 2026.
The investment completes the four-tranche subscription totaling Rs 128.83 million for a
JSW Energy Targets 30 GW Capacity by 2030
JSW Energy outlines its Strategy 3.0 to reach 30 GW generation and 40 GWh storage capacity by 2030, a near 20% CAGR growth.
Company reported FY26 Cash PAT of ₹4,359 Cr with 13.7 GW operational capacit
Waa Solar FY26 Audited Results with Net Loss
Waa Solar reported audited standalone and consolidated financial results for H2 and FY ended March 31, 2026, approved by the board.
Standalone net loss was ₹54.44 lakh for H2 and ₹46.08 lakh for FY26;
Waa Solar Board Approves FY26 Results, Appoints Auditors
Board approved standalone and consolidated audited financial results for the year and half-year ended March 31, 2026.
Appointed M/s. Samrat Mewada & Associates as Internal Auditor for FY 2026-27.
Appo
PTC India FY26 Investor Presentation: Trading & Consulting Growth
PTC India Limited submitted its investor presentation for audited Q4 and FY2025-26 results to stock exchanges.
Reported a 27% year-on-year growth in Q4 FY26, with a trading portfolio exceeding 7,500 M
Godawari Power Q4 EBITDA Up 91% QoQ
Godawari Power reported Q4FY26 consolidated revenue of ₹1,629 Cr, up 41% QoQ, with EBITDA surging 91% to ₹439 Cr.
FY26 performance was resilient with steady revenue of ₹5,381 Cr, EBITDA of ₹1,253 Cr (
TruAlt Bioenergy Board Meeting May 22 FY26 Results
TruAlt Bioenergy board meeting scheduled for May 22, 2026 to approve audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026.
Trading window closure for designated per
Vikran Engineering Acquires 49% Stake in NOPL Solar
Vikran Engineering submits corrigendum to SEBI LODR Regulation 30 disclosure for 49% stake acquisition in NOPL Solar Projects.
Company completed acquisition of 4900 shares (49% equity) for ₹4.90 crore
Shivamshree Businesses Approves FY26 Results, ₹3.23cr Preferential Issue
Board approved audited standalone FY26 results with ₹15.06 lakh profit after tax and unmodified auditor opinion.
Approved preferential issue of 1.44 crore equity shares at ₹2.25/share to raise ₹3.23 c
Indowind Energy Board Meeting on May 26, 2026
Board meeting scheduled for May 26, 2026 to approve audited financial results for Q4 and FY ended March 31, 2026.
Meeting agenda includes discussion of fund raising through issuance of securities and
Waaree Renewable Techs Schedules Analyst/Investor Meetings
Waaree Renewable Technologies intimates scheduled one-to-one meetings with analysts and institutional investors on May 22, 2026.
Senior management will interact in-person at Goregaon East, Mumbai from
AHAsolar Technologies Board Meeting Scheduled May 28
AHAsolar Technologies schedules board meeting on May 28, 2026 to approve audited FY26 and H2 financial results.
Board to consider appointing Mukesh H Shah & Co as Secretarial Auditor and JHS & Associa
Surana Telecom Divests 49% Stake in Bhagyanagar Solar
Surana Telecom board approved divestment of 49% equity stake in wholly-owned subsidiary Bhagyanagar Solar Private Limited.
Transaction value is ₹1.14 crore with expected completion by June 20, 2026, t
Saatvik Green Energy May 22 Mumbai Roadshow
Saatvik Green Energy discloses a physical one-on-one investor roadshow in Mumbai on May 22, 2026 under SEBI Listing Regulation 30.
Management representatives will meet analysts/investors but will not
Borosil Renewables Executive Chairman ET Now Interview
• Borosil Renewables disclosed an interview with Executive Chairman Pradeep Kheruka on ET Now.
• The interview provided a general business update for the company on May 19, 2026.
• The full interview
Emrock Subsidiary Approves ₹33 Crore Bio-CNG Project
Emrock Energy Private Limited, a 50.49%-owned subsidiary of Emrock Corporation, approved a new Bio-CNG project with estimated cost of ₹30-33 crores.
The project will produce 1600 tons of Bio CNG, 8652
Emrock Energy Subsidiary Approves ₹33 Crore Bio-CNG Project
Emrock Energy Private Limited, a 50.49%-owned subsidiary, approved a new Bio-CNG project with annual production capacity of 1600 tons Bio CNG.
Total project cost estimated at ₹30-33 crores, funded thr
Synergy Green FY26 Revenue Up 3.4% to ₹376.4 Crores
Synergy Green disclosed audited FY26 results with total income of ₹376.4 Cr, a 3.34% YoY increase, via a SEBI Reg. 30(12) filing.
PBDIT declined 9.37% to ₹48.67 Cr with margins contracting 170 bps to
Advait Energy Signs Hydrogen Fuel Cell MoU with TECO Norway
Advait Energy Transitions signed an MoU with TECO Fuel Cell Technology AS for hydrogen fuel cell technology collaboration.
The agreement covers stationary power, heavy-duty transport, and maritime app
Surana Telecom Q4 FY26 Net Profit ₹1,638.34 Lakhs
Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with unmodified audit opinion.
Approved disinvestment of up to 49% equity stake in Bhagyanagar
GK Energy Q4 FY26 PAT Up 25% YoY to ₹59 Cr
GK Energy reported strong FY26 results with standalone revenue up 40% YoY to ₹1,532.5 Cr and PAT up 51% to ₹201 Cr.
Management held an earnings call to discuss results and provide FY27 guidance, targe
CleanMax FY26 EBITDA Up 28% to INR1,295 Crore
CleanMax reported FY26 consolidated PAT of INR86 crore, up 4.4x YoY, and EBITDA of INR1,295 crore, up 28%.
Contracted capacity reached 5.7 GW, with 3.1 GW operational; added 1.4 GW in FY26 and guided
Adani Green US DOJ Dismissal Motion Update
Adani Green Energy discloses US DOJ motion to dismiss criminal indictment with prejudice against key directors.
The motion seeks complete dismissal barring future prosecution for same allegations agai
Triveni Turbine Q4 & FY26 Investor Presentation Highlights
Triveni Turbine reported FY26 revenue growth of 26% CAGR and EBITDA growth of 29% CAGR from FY22-FY26, driven by strong execution.
Q4 FY26 achieved record revenue and robust order booking with exports
NTPC Green Energy Board Approves FY26 Results, ₹5000 Crore Fundraising
NTPC Green Energy board meeting scheduled for May 22, 2026 to approve FY26 standalone and consolidated financial results.
Board to consider raising up to ₹5,000 crore through debentures/NCDs in FY26-2
IREDA Withdraws INR 7.99 Crore Claim Against Gensol
Indian Renewable Energy Development Agency Ltd (IREDA) sought NCLT permission to withdraw its INR 7.99 crore financial claim against Gensol Engineering Ltd.
The application was filed under Section 60(
GRE Renew Board Meeting on May 23, 2026
GRE Renew Enertech Limited's board will meet on May 23, 2026, to approve FY26 standalone and consolidated audited financial results.
The board will also consider and approve variation in the utilizati
KP Green Engineering FY26 Revenue Up 78% to INR1250cr
KP Green Engineering reported FY26 revenue growth of 78% to INR1250cr and PAT growth of 85% to INR136cr with EBITDA margins expanding to 20%.
The company maintains a robust order book of INR1831cr inc
KP Energy Q4 FY26 Revenue Jumps 55% YoY
KP Energy reported record annual revenue of ₹1,505.54 crore for FY26, a 57% YoY growth, with Q4 revenue reaching ₹633.93 crore.
The company's order book stands at 2 GW valued at ₹3,000 crore, with 50%
India-Netherlands Strategic Partnership 2026-2030 Outcomes
India and Netherlands signed a Strategic Partnership Roadmap 2026-2030 covering semiconductors, green energy, and critical minerals.
TATA Electronics and ASML signed an MoU to support a semiconductor
Solex Energy Promoters Execute 12 Share Purchase Agreements
Solex Energy promoters signed 12 inter se Share Purchase Agreements on April 17, 2026 for internal shareholding realignment.
Dr. Chetan Shah acquired stakes totaling 6.66% from five other promoters in
Orient Green Power Pledge Released on Subsidiaries
Orient Green Power received a No Objection Letter from promoter SVL Limited on April 01, 2026 for pledge release.
Pledges on investments in 5 subsidiaries/step-down subsidiaries including Bharath Wind