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Waaree Energies supplies 132.5 MWp modules to Radiance Renewables
Waaree Energies Limited has successfully delivered 132.5 MWp of high-performance 575/580 MWp n-Type TOPCon solar modules to Radiance Renewables Private Limited. These modules, designed for superior energy efficiency across diverse environmental conditions, were delivered by December 2024. The project, supporting the Commercial and Industrial (C&I) segment, is expected to offset approximately 202,826 tonnes of carbon…
PM launches Maruti Suzuki’s first made-in-India EV
Prime Minister Narendra Modi inaugurated Maruti Suzuki’s e-Vitara, the company’s first battery electric vehicle manufactured in India, at Hansalpur, Gujarat. The model will be exported to 100 countries, positioning India as Suzuki’s global hub for electric mobility exports. At the same event, the Prime Minister announced the start of hybrid battery electrode manufacturing in the…
EC approves EEW Offshore Wind EU acquisition
The European Commission (EC) has approved the joint control acquisition of EEW Offshore Wind EU by EEW Holding and Sumitomo under the EU Merger Regulation. The collaboration involves German and Japanese entities producing large steel tubes for offshore wind farms. The EC concluded the acquisition would not raise competition concerns, as the market structure remains…
Genus Power establishes two SPVs for smart metering under RDSS
Genus Power Infrastructures Limited has formed two special purpose vehicles (SPVs), Genus Shekhawati Smart Metering Private Limited and Genus Marwar Smart Metering SPV Private Limited, to execute advanced metering infrastructure service provider (AMISP) services as part of the revamped distribution sector scheme (RDSS). The projects will focus on strengthening, renovating, and augmenting existing distribution systems…
Tata Power to invest Rs 1.46 trillion to double capacity by 2030
Tata Power plans to invest around Rs 1.46 trillion to double its operational capacity to 32 GW by 2030, according to CEO and MD Praveer Sinha. As of FY24, the company’s installed capacity stood at 15.6 GW, with 6.7 GW in renewables. By 2030, Tata Power aims to reach 31.9 GW, with 23 GW from…
Adani Power Q4 profit jumps 64%; FY26 growth remains muted
Adani Power reported a strong fourth quarter for FY26, with net profit rising 64.3% year-on-year to Rs 4,271 crore. However, full-year performance remained largely flat, with consolidated Profit After Tax (PAT) increasing 1.7% to Rs 12,971 crore from Rs 12,754 crore in FY25. The Q4 performance was supported by improved operational efficiency and higher capacity…
