As India’s only listed pure-play renewable O&M company, Inox Green’s latest expansion aligns with its strategy to diversify its customer base and deepen its presence in high-growth renewable corridors. Inox Green Energy Services Ltd. (IGESL), India’s only listed pure play renewable operations and maintenance (O&M) company, has announced the signing of new agreements to manage...
Category: Power & New and Renewable Energy
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Waaree-Backed Solfin Partners with Japanese NBFC to Expand Solar Financing Across India
As part of the initiative, tailored working capital loans will support solar panel dealers, while rooftop solar financing will be extended to residential and commercial consumers seeking decentralised energy solutions. In a strategic move to accelerate clean energy adoption, Solfin Sustainable Finance—a solar-focused non-banking financial company (NBFC) backed by Waaree Energies—has announced a co-lending partnership...
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WABAG Wins $5.6 Million Water Management Contract for RenewSys Solar Cell Facility in Hyderabad
Valued at approximately ₹465 million, the order positions the company to capitalise on future opportunities in solar, green hydrogen, semiconductor, and other emerging industrial applications. Chennai-based VA TECH WABAG, the world’s third-largest water management company, has secured a significant order from RenewSys India to deliver advanced water treatment solutions for its 2 GW solar cell...
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Suzlon Commits to 100% Renewable Energy Across All Manufacturing Units by 2030
India’s largest renewable energy solutions provider’s commitment across all 15 manufacturing units forms part of a broader decarbonisation roadmap. Suzlon Group has become the first Indian energy company to pledge 100 per cent renewable energy usage across all its manufacturing facilities by 2030, marking a major milestone in India’s clean energy transition. The company has...
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Inox Wind Divests ₹1.75 Bn Stake in EPC Arm at ₹74 Bn Valuation
The stake sale reflects growing investor confidence in India’s renewable EPC segment, as infrastructure scale and policy support converge. Inox Wind Ltd (IWL), a leading provider of wind energy solutions in India, has announced the sale of a ₹1.75 billion stake in its engineering, procurement and construction (EPC) subsidiary, Inox Renewable Solutions Ltd (IRSL), to...
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INOX Wind Posts Record Q1 Profit, Strengthens Growth Outlook
The company’s total order book now stands at approximately 3.1 GW, offering strong visibility for the next two years. INOX Wind Ltd (IWL), one of India’s leading wind energy solutions providers, reported its highest-ever first-quarter profit after tax (PAT) of ₹97 crore for the quarter ended June 30, 2025, up 134 per cent year-on-year. The...
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India Achieves 100 GW Solar PV Milestone with ALMM-Driven Expansion
This solar PV manufacturing boom has driven a near 400 per cent rise in the number of manufacturers, growing from 21 in 2021 to 100 today. India’s efforts to develop a robust renewable energy equipment manufacturing ecosystem received a major boost with the country attaining 100 GW capacity in solar photovoltaic (PV) manufacturing under the...
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Suzlon Energy Reports 62% Surge in EBITDA to ₹5.99 Billion in Q1 FY2026
The company achieved its highest-ever Q1 deliveries of 444 MW, supported by a growing order book of 5.7 GW, 75 per cent of which comprises commercial and industrial (C&I) and public sector utility orders. India’s leading wind energy solutions provider, Suzlon Group, has posted a robust 62 per cent year-on-year rise in EBITDA to ₹5.99...
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Inox Green Secures Long-Term O&M Deal for 182 MW Wind Projects
The contract, signed with an unnamed conglomerate, spans the remaining life of 182 MW of wind assets and consolidates projects linked to Inox Green’s shared infrastructure across Western India. Inox Green Energy Services has signed a comprehensive operations and maintenance (O&M) agreement for 182 MW of wind energy projects with the renewable arm of one...
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India Sets Global Record with $0.64/kg Green Ammonia Price Under Hydrogen Mission
This translates to approximately $641 per metric tonne, which is a substantial drop from the previously discovered price of ₹100.28 per kg in the H2Global auction in 2024. In a first under the National Green Hydrogen Mission, the Solar Energy Corp. of India (SECI) has completed the procurement of green ammonia at a significantly lower...