In Short : The Asian Development Bank has pledged \$10 billion to transform urban infrastructure in India over five years. The investment will support metro expansion, regional transit systems, and smart urban planning. ADB will also assist with India’s Urban Challenge Fund, boosting private investment. The initiative aligns with the nation’s “Viksit Bharat @2047” vision […]
Hoymiles announces the world’s first super 5000 W microinverter that promises unparalleled longevity – EQ
Hoymiles, a world-leading power electronics company well-versed in PV and energy storage and specializing in microinverters, has launched an 8-in-1 super microinverter designed for industrial, commercial, and large residential projects. The Hoymiles MiT 8-in-1, 5,000 W microinverter (MIT-5000-8T Series) is more powerful than anything on the market right now and has massive potential for anyone […]
ReNew Announces Major ₹22,000 Crore Hybrid Energy Project in Andhra Pradesh – EQ
In Short : ReNew Energy Global is investing ₹22,000 crore in a 2.8 GW hybrid renewable energy project in Andhra Pradesh’s Anantapur district. The project includes 1.8 GW solar, 1 GW wind, and a 2 GWh battery storage system. It will create around 1,500 jobs and supports India’s clean energy goals, with phased development and […]
GP Eco Solutions India Ltd Announces H2 & FY25 Consolidated Revenue from Operations reported at Rs. 246.43 Crore and PAT stands at Rs. 10.46 Crore – EQ
GP Eco Solutions India Limited, a leading manufacturer of Solar Inverter and Storage Solutions announces its H2 & FY25 results for the half yearly ended March 31st 2025. H2FY25 Compared with H1FY25: The Total Income stood at Rs.163.59 Crore in H2FY25 as against Rs.83.84 crore in H1FY25 with growth of 95.12%. Revenues from operations stood […]
Enerparc Energy announces 35 MWp Solar IPP Project in Gujarat – EQ
Set to generate 58 million units annually, offsetting 41,000 tons of CO₂ emissions each year Power supply to commence in August 2025 under the open access framework Early off-takers include industry leaders from recycling, automotive, packaging & plastics, and global mining sectors Ahmedabad – Enerparc Energy, a global leader in solar power solutions, today announced […]
IEX Posts Strong Q4 Growth with 21% Profit Surge and Announces ₹1.50 Dividend – EQ
In Short : Indian Energy Exchange (IEX) posted a 21% rise in Q4 net profit to ₹117.11 crore, up from ₹96.67 crore last year, driven by increased revenue. Total income reached ₹174.59 crore. The board declared a final dividend of ₹1.50 per share, with May 16, 2025, as the record date for eligible shareholders. In […]
SWREL achieves a break through in Wind EPC; Announces 3 New Solar/Hybrid Projects – EQ
Total Orders Valued at~ INR 1,470 crore Key Highlights ~ Received our first Wind EPC order through a hybrid project in Rajasthan where the company will be executing BoP/BoS for a total of ~127 MW AC of Solar/Wind combined ~ Achieved L1 for a 200 MW AC / 260 MWp DC solar project in Gujarat […]
NTPC Renewable Energy Announces 813 MW Wind Power Project in Karnataka – EQ
In Short : NTPC Renewable Energy Ltd has floated a tender for an 813 MW wind power project in Bellary, Karnataka. The project includes 271 wind turbines of at least 3 MW each. Bidders must meet technical and financial criteria, with submissions due by May 8, 2025. This initiative strengthens Karnataka’s renewable capacity, supporting India’s […]
Brookfield Announces Sale of 1.6 GW of Renewable Assets in India to Gentari – EQ
Mumbai – Brookfield Asset Management, a leading global alternative asset manager headquartered in New York, and its affiliates (“Brookfield”) today announced the sale of 1.6 GW portfolio of solar and wind assets in India to Gentari Renewables India (“Gentari”), structured in two phases. The first phase, comprising the sale of 1 GW of operating assets, […]
Mobile maker Micromax announces new venture to make solar panels in India – EQ
In Short : Micromax has launched Startup Energy, a new venture to manufacture high-efficiency solar panels in India. Partnering with China’s Jinchen, the company plans a 5 GW solar module facility. This move supports India’s renewable energy goals and marks Micromax’s expansion beyond electronics, aiming to make clean energy more accessible and sustainable for businesses […]
