In Short : The UK’s British International Investment (BII) has invested ₹625 crore ($75 million) in Blueleaf Energy, a Macquarie-owned renewable platform, to expand its solar, wind, and energy storage projects in India. The funding will help develop 2 GW of new capacity, generate 3.2 GWh of clean power annually, and support India’s 2030 renewable […]
In Short : NTPC Green Energy Ltd reported a strong Q2 FY26 performance with net profit rising 135% year-on-year to ₹86.38 crore, driven by higher renewable power generation and improved efficiency. Total income grew to ₹656.72 crore from ₹525.32 crore last year, underscoring the company’s expanding role in advancing India’s clean energy transition and sustainability […]
In Short : India’s power demand surged 12% in October, reaching 593.5 billion units due to festive activities and higher industrial and commercial consumption. Despite the rise, power prices eased as renewable generation grew sharply—solar output rose 17.9% and wind generation nearly doubled. The increased clean energy supply reduced reliance on costlier coal-based electricity, stabilizing […]
In Short : India’s solar sector secured $17.3 billion in corporate funding between January and September 2025, reflecting strong investor confidence in the country’s renewable energy growth. The funding includes project financing, mergers, acquisitions, and venture capital investments. This surge highlights India’s expanding solar capacity and its critical role in achieving national clean energy and […]
In Short : Rashmi Group will invest ₹10,000 crore to establish a 2.8 million tonne per annum integrated steel plant and a 400 MW captive power plant in Purulia, West Bengal. The state government has allotted 938 acres for the project, which is expected to create around 18,000 direct and indirect jobs, boosting regional industrial […]
In Short : Electric vehicles now make up nearly 5% of India’s passenger car sales, almost doubling from 2.6% last year. Rising consumer demand, supportive government policies, and growing charging infrastructure are driving this surge. Major automakers like Tata Motors and MG Motor lead the trend, signaling India’s accelerating shift toward cleaner and more sustainable […]
In Short : The Centre for System Design at NIT Karnataka (NITK), Surathkal, has secured ₹10.3 crore from the Anusandhan National Research Foundation under the MAHA-Electric Vehicle Mission. The project aims to develop rare earth-free axial flux synchronous and radial flux switched reluctance motors for EVs. Collaborating with IIT-Madras, IIT-Hyderabad, and CDAC, the initiative seeks […]
In Short : Premier Energies and Syrma SGS Technology have formed a joint venture to acquire Pune-based solar inverter manufacturer KSolare Energy for ₹170 crore, with a 51:49 ownership split. KSolare produces 500,000 inverters annually and reported ₹342 crore revenue in FY25. The JV plans to expand capacity to one million units, targeting India’s residential […]
In Short : Onix Renewable Ltd. reported robust financial results for FY 2024–25, with revenue reaching ₹1,001.30 crore, up 185.8% year-on-year, and net profit surging 190.72% to ₹153.46 crore. The company expanded operations across Gujarat, Maharashtra, and Rajasthan, advanced digital monitoring systems, and focused on sustainability. Plans include hybrid and storage-based projects to support India’s […]
Join us at the Renewable Energy India (REI) Expo, India Expo Mart, Greater Noida, 30 Oct–1 Nov 2025 — visit Growatt at Booth R782 for live demos and technical briefings and to meet our engineering team. Founded in 2011, Growatt has grown into a global leader in distributed solar and energy-storage solutions, serving customers in […]