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Waaree Energies FY26 profit doubles; plans Rs 10,000 crore raise
Waaree Energies Limited reported record financial results for the financial year 2026, with net profit more than doubling year-on-year. The Board of Directors, at a meeting held yesterday, approved the audited results and cleared a series of strategic decisions, including a major capital raise and entry into the semiconductor segment. The company’s consolidated revenue from…
CleanMax commissions 185 MW hybrid project in Gujarat
Clean Max Enviro Energy Solutions Limited has commissioned a 185 MW wind-solar hybrid renewable energy project in Kalavad, Gujarat, taking its total operational capacity in the state to around 844 MW as of March 31, 2026. The project is expected to contribute over Rs 165 crore annually to the company’s revenue once stabilised in FY2027….
IREL and UKTMP form Indo-Kazakh venture for titanium slag production in Odisha
IREL (India) Limited, a CPSU under India’s Department of Atomic Energy (DAE), has partnered with Kazakhstan’s Ust-Kamenogorsk Titanium and Magnesium Plant JSC (UKTMP) to establish IREUK Titanium Limited, a joint venture for producing titanium slag in Odisha, India.  IREUK Titanium Limited will leverage IREL’s surplus ilmenite production in Odisha, with UKTMP providing the technology for…
MNRE enlists 13 GW capacity in first ALMM List-II for solar PV cells
The Ministry of New and Renewable Energy (MNRE) has released the first version of its Approved List of Models and Manufacturers (ALMM) List-II for solar photovoltaic (PV) cells, featuring a total listed capacity of 13,066 MW from six manufacturers. Adani Solar leads with 3,832 MW across two units—1,939 MW of bifacial Mono PERC from Mundra…
Tata Power and Druk Green to develop 5,000 MW clean energy in Bhutan
Tata Power Company Ltd and Druk Green Power Corporation Ltd (DGPC) have entered into a partnership to develop at least 5,000 MW of renewable energy capacity in Bhutan. This collaboration, supported by the Royal Government of Bhutan and the Government of India, marks the largest clean energy partnership between the two nations and aims to…
MNRE begins consultations on floating solar policy and potential assessment
The Ministry of New and Renewable Energy (MNRE) has started consultations with states and union territories on draft documents intended to accelerate the development of floating solar photovoltaic (FSPV) projects in India. The initiative aims to address land availability constraints that have limited commissioned floating solar capacity in the country to about 700 MW so…
