Tag
Solar Power
8 articles
India's solar power sector is experiencing robust expansion, fueled by strong order books and strategic capacity additions. Solarworld Energy Solutions reported a significant 152.6% revenue increase in FY26, alongside a 56.4% rise in profit, while Premier Energies saw a 61% surge in profit attributable to a 35% EBITDA growth and expansion into ingot-wafer and battery storage. Several companies, including Surana Telecom, are benefiting from increased solar module trading activity, though rising trade receivables warrant monitoring. These developments underscore the growing momentum in India’s renewable energy transition and suggest continued investor interest in the sector, despite margin pressures and ongoing business transitions at some players.
Tata Power Partners Ocean Sun for Floating Solar Pilot
Tata Power partners with Norway's Ocean Sun to pilot innovative membrane-based floating solar technology at Mulshi reservoir.
The ~300 kWp pilot will evaluate performance, reliability, and cost compet
Bondada Engineering Receives ₹1,154 Crore Solar EPC Order
Bondada Engineering received a ₹1,153.93 crore EPC order for a 270 MWp solar project in Maharashtra.
The domestic order from a related party is to be executed within 6 months from receipt.
This order
Zodiac Energy Incorporates Wholly-Owned Subsidiary IPP-4
Zodiac Energy Limited incorporated a new wholly-owned subsidiary, ZODIAC ENERGY IPP-4 PRIVATE LIMITED, as a Special Purpose Vehicle.
The subsidiary was incorporated with an initial investment of ₹1 la
SWELECT Appoints Pradeep Kumar Madhur as CBO
SWELECT Energy Systems appointed Pradeep Kumar Madhur as Chief Business Officer effective October 1, 2026 to lead sales across EPC, IPP, and solar businesses.
Madhur brings 17+ years experience from L
SWELECT Subsidiary Commissions 3.125MW Solar Plant
SWELECT HHV Solar commissions 3.125 MW solar power plant in Tamil Nadu for captive consumption.
Plant is interfaced at 33 KV level with Naranapuram TNEB substation through intra-state open access.
Reg
Solarworld FY26 Revenue Up 152.6%, PAT Rises 56.4%
Solarworld Energy Solutions reported FY26 revenue of ₹13,762 Mn, up 152.6% YoY, with PAT of ₹1,205 Mn and strong net cash position of ₹3,165 Mn.
Q1 FY27 revenue grew 146.8% to ₹1,684 Mn but margins co
Premier Energies FY26 PAT Surges 61% to ₹1,510 Crore
Premier Energies reported 61% YoY PAT growth to ₹1,510 crore and 35% EBITDA growth to ₹2,579 crore on revenue of ₹7,824 crore in FY26.
Company announced strategic expansion with 10 GW ingot-wafer capa
Refex Renewables 32nd AGM Approves All Resolutions
Refex Renewables held its 32nd AGM on September 18, 2026, passing all four resolutions including financial statements adoption and MD remuneration revision.
The company reported a consolidated FY26 lo