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Bolt.Earth raises $5 million to expand EV charging solutions
Bolt.Earth has raised $5 million in a Series A+ funding round, led by Version One Ventures with participation from existing investors USV and Prime Venture Partners. The company plans to use the funds to scale its operations in India and develop fast charging stations for two-, three-, and four-wheelers. The company will deploy end-to-end EV…
Oriana Power to build 75 MW solar plus storage project in Rajasthan
Oriana Power has entered into an agreement to develop a 75 MW solar power plant with an integrated 111.57 MWh battery energy storage system in Rajasthan. The project, valued at Rs 4.76 billion, will be implemented on an engineering, procurement and construction basis. Scope of work includes design, engineering, supply, construction, installation and commissioning. Completion…
MNRE releases draft guidelines for SPV inverter testing
The Ministry of New and Renewable Energy (MNRE) has released draft guidelines for series approval of solar photovoltaic (SPV) inverters. These are meant for testing in designated labs under the “Solar Systems, Devices and Components Goods Order, 2025.” Issued on 23 June 2025, the guidelines aim to help test labs and manufacturers define product families….
Feston SEV plans 3 GWh BESS capacity, enters storage segment
Feston SEV Private Limited, the solar inverter and power electronics arm of FestGroup, has entered the Battery Energy Storage System (BESS) segment, expanding its portfolio to include solar generation, storage, and power electronics. The company has outlined a target annual production capacity of 3 GWh for its BESS operations. Its product range will cover systems…
IREDA sanctions Rs 1,134 crore loan for Insolation Green’s solar cell plant
Indian Renewable Energy Development Agency Limited (IREDA) has approved a loan of Rs 1,134 crore for Insolation Green Energy, a wholly owned subsidiary, to develop a 4.5 GW solar cell manufacturing unit in Madhya Pradesh. The company said the total project cost is estimated at Rs 1,512 crore, of which IREDA will provide Rs 1,134…
Insolation Energy FY26 revenue jumps 61% to Rs 2,163 crore
Insolation Energy Limited reported audited financial results for the fourth quarter and financial year ended March 31, 2026, recording strong growth in revenue, profitability, and manufacturing capacity expansion. Revenue from operations for FY26 rose 61.02% year-on-year (YoY) to Rs 2,163.52 crore from Rs 1,343.62 crore in FY25. Net profit increased 59.75% to Rs 200.63 crore,…
