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Servotech Power Systems Delivers Strong Q1 Performance with 28% Revenue Growth and 59% Profit Surge on Clean Tech Momentum – EQ

In Short : Servotech Power Systems reported a 28% year-on-year rise in revenue to ₹125 crore and a 59% jump in net profit to ₹7.5 crore. The strong performance was driven by increased demand for EV chargers, solar solutions, and power products. The company’s strategic focus on clean energy technologies continues to fuel growth and […]

India Commissions First Indigenous 1-MW Green Hydrogen Plant in Gujarat, Marking a Major Clean Energy Breakthrough – EQ

In Short : India’s first indigenously developed 1-MW green hydrogen plant has been commissioned in Gujarat, marking a major milestone under the ‘Make in India’ initiative. The project boosts domestic manufacturing capabilities in green hydrogen technology and aligns with India’s goal of achieving energy self-reliance and decarbonization. This move strengthens the country’s leadership in the […]

JSW Energy Powers Ahead with 42% Q1 Profit Surge Driven by Renewables and Strategic Growth – EQ

In Short : JSW Energy posted a 42% surge in Q1 net profit, fueled by its expanding renewable energy portfolio and recent strategic acquisitions. The company’s focus on clean energy significantly boosted revenue and operational efficiency. This performance underscores JSW Energy’s strong momentum in India’s green energy transition and its growing footprint in the renewable […]

Juniper Green Energy Secures 100 MW Wind Power Deal with Gujarat’s GUVNL – EQ

In Short : Juniper Green Energy has signed a 25-year Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 100 MW wind energy project. The project is expected to be commissioned by July 2027. Additionally, GUVNL has issued a Letter of Intent for another 50 MW, further strengthening Juniper’s renewable footprint in Gujarat’s […]

Waaree Energies Unveils ₹15,000 Cr Green Push to Power India’s Solar Future – EQ

In Short : Waaree Energies is ramping up its solar manufacturing capacity with a plannIed investment of nearly ₹15,000 crore. This includes setting up integrated facilities across India, including a 6 GW module-cell-ingot plant and a 5.4 GW solar cell gigafactory in Gujarat. Additionally, ₹3,500 crore will be invested in green energy ventures like battery storage, electrolysers, […]

MNRE Set to Expand Solar Procurement Options with Upcoming ALMM Update – EQ

In Short : The Ministry of New and Renewable Energy (MNRE) is expected to release the second list of Approved Solar Models and Manufacturers within 10 days. This update will guide developers, EPCs, and stakeholders in sourcing compliant components. The list plays a critical role in ensuring quality, promoting transparency, and accelerating India’s solar deployment […]

Sunsure and Enerica Win Big in India’s Landmark 1,000 MWh BESS Auction Led by NVVN – EQ

In Short : Sunsure Energy and Enerica Green secured wins in NVVN’s landmark 250 MW/1,000 MWh Battery Energy Storage System (BESS) auction. Sunsure won 150 MW/600 MWh and Enerica 100 MW/400 MWh at highly competitive tariffs. This is India’s first such large-scale storage auction under the PM Surya Ghar initiative, signaling a major step toward enhancing grid stability and accelerating clean […]

SAEL Industries Commissions 50 MW Solar Plant in Maharashtra, Boosting Green Energy Push – EQ

In Short : SAEL Industries’ subsidiary, Solar RE Power, has commissioned a 50 MW solar power plant in Beed, Maharashtra, using advanced TOPCon bifacial modules. The project will generate over 100 GWh of green energy annually under a 25-year PPA with MSEDCL. This milestone supports Maharashtra’s renewable goals and expands SAEL’s growing clean energy portfolio across India. […]

India Gears Up for Green Steel Revolution with Projected Demand of 179 Million Tonnes by 2050 – EY

In Short : India’s demand for green steel is projected to surge to 179 million tonnes by 2050, driven by growth in infrastructure, construction, and automotive sectors. An EY-WWF-CII report highlights initial demand at 4.49 MT by 2030, rising to 73.44 MT by 2040. Falling costs, global carbon regulations, and technological advances will accelerate the […]