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Saatvik Green Energy to supply solar pumps for Maharashtra irrigation
Saatvik Green Energy Private Limited has secured a supply order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to provide solar-powered submersible pumps at 250 locations across Maharashtra. The pumps, ranging from 3 horsepower (HP) to 7.5 HP, aim to enhance water accessibility and support irrigation needs, contributing to sustainable agricultural practices in the region.
IREDA posts record Rs 1,873 crore profit in FY26
Indian Renewable Energy Development Agency (IREDA) reported its highest-ever annual profit after tax (PAT) of Rs 1,873 crore for FY 2025-26, registering a 10% increase over Rs 1,699 crore recorded in FY25. The company’s Board recommended a final dividend of Rs 0.75 per equity share, equivalent to 7.5% of face value, subject to shareholder approval…
Japan begins commercial operations at first floating offshore wind farm
Japan has started commercial operations at its first floating offshore wind power project, with Goto Offshore Wind Farm Special Purpose Company (SPC) announcing that the facility off Goto City in Nagasaki Prefecture is now online, marking a significant step in the country’s renewable energy programme. Goto Offshore Wind Farm is the first project in Japan…
CleanMax reports 33% EBITDA growth, crosses 3 GW capacity
CleanMax Enviro Energy Solutions Limited reported consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) of Rs 945 crore for the first nine months of FY26, a 33% increase from Rs 709 crore in the same period last year. The company also crossed 3 GW of commissioned capacity, alongside announcing a board change and a…
TNB and Sembcorp to export 50 MW renewable energy to Singapore
Tenaga Nasional Bhd (TNB) and Sembcorp Power Private Limited have signed an agreement for Malaysia’s first renewable energy export to Singapore, with the supply of 50 MW of electricity. This agreement follows the Energy Exchange Malaysia auction held in June 2024 and aligns with Malaysia’s Cross-Border Electricity Sales for Renewable Energy Scheme. The electricity will…
MNRE extends ALMM framework to include solar wafers
The Ministry of New & Renewable Energy (MNRE) has amended the Approved Models and Manufacturers (ALMM) Order to expand domestic sourcing requirements to silicon wafers. The amendment introduces a new compliance layer under ALMM, aimed at strengthening India’s end-to-end solar manufacturing ecosystem. The requirement will take effect from June 1, 2028. Expanded ALMM compliance chain…
