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India | Leadership | NewsWaaree Energies announces CEO succession, subsidiary starts solar plant
Waaree Energies Limited announced two important corporate developments, including a major expansion in manufacturing and a planned change in leadership. The company said its subsidiary has begun operations at a new 3.05 GW solar inverter manufacturing facility in Gujarat. Separately, the board has approved a leadership transition, with Chief Executive Officer (CEO) Amit Pathankar resigning…
Waaree Renewable posts record Q3 revenue, strong profit growth
Waaree Renewable Technologies Limited (WRTL), the Engineering, Procurement, and Construction (EPC) subsidiary of the Waaree Group, has reported its highest-ever quarterly revenue in its unaudited financial results for the third quarter and nine months ended December 31, 2025. For the third quarter of fiscal year 2026 (Q3 FY26), revenue from operations stood at Rs 851.06…
Juniper Green commissions solar unit in Wardha
Juniper Green Energy has commissioned the 59 MWp solar component of its 75 MW wind-solar hybrid project in Wardha, Maharashtra. The project, called Juniper Green Power Five, is being developed under a Power Purchase Agreement (PPA) with Maharashtra State Electricity Distribution Company Limited (MSEDCL). The PPA was signed in November 2024, with the scheduled commercial…
Radiance Renewables raises $100 million equity from IFU and FMO
Radiance Renewables Private Limited has secured $100 million in equity investment from Impact Fund Denmark (IFU) and the Dutch entrepreneurial development bank FMO, with each institution committing $50 million. IFU’s investment has been made through the Danish SDG Investment Fund II, which is backed by five Danish pension funds. The company stated that the equity…
MNRE directs developers to use DCR portal for ALMM extension requests
The Ministry of New and Renewable Energy (MNRE) has directed renewable power developers seeking additional time for project commissioning beyond June 1, 2026, to submit their requests only through the dedicated Domestic Content Requirement (DCR) portal, as the Approved List of Models and Manufacturers (ALMM) norms for solar cells came into effect from today. In…
India | Generation | NewsTata Power restores full 4,150 MW operations at Mundra plant
Tata Power has resumed operations at its Mundra thermal power plant, restoring the full installed capacity of 4,150 MW, the company informed stock exchanges. The plant had been under temporary suspension. The resumption follows the formal execution of a Supplementary Power Purchase Agreement (SPPA) with Gujarat Urja Vikas Nigam Limited (GUVNL), as reported earlier by…
