Solex Energy Limited reported robust financial performance in H1 FY2024-25, with total income surging 194% to Rs 2.731 billion, up from Rs 930 million in H1 FY24.
EBITDA increased 168% to Rs 253.7 million, and net worth expanded 244% to Rs 1.317 billion, while Return on Equity (ROE) improved to 29.41%, compared to 3.84% in the previous year.
ACME Solar Holdings Limited said its wholly owned subsidiary, ACME Urja One Private Limited, has signed a Power Purchase Agreement (PPA) with NHPC Limited for a 250 MW firm and dispatchable renewable energy (FDRE) project. The disclosure was made to the stock exchanges on January 29, 2026. The agreement covers a 25-year supply of renewable…
The Australian Capital Territory (ACT) government and Eku Energy have commenced construction of the Williamsdale Battery Energy Storage System (BESS), a 250 MW/500 MWh project under the ACT Government’s Big Canberra Battery initiative. Scheduled to begin operations in 2026, the BESS will store enough renewable energy to power one-third of Canberra for two hours during…
Refex Green Power Limited (RGPL), a wholly-owned subsidiary of Refex Renewables & Infrastructure Limited, has acquired the remaining 51% equity stake in Sherisha Solar SPV Two Private Limited. This acquisition increases RGPL’s ownership to 100%, making Sherisha Solar SPV Two a fully-owned step-down subsidiary.
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…
Bharti Airtel has acquired a 26% stake in a special purpose vehicle of AMPIN Energy Transition to develop a 50 MW wind-solar hybrid power project in Barmer, Rajasthan. The Rs 378.9 million investment will enable Airtel to source green energy in a captive mode, utilizing interstate transmission networks for nationwide distribution. The project, under AMP…
Japan has commissioned its first osmotic power facility in Fukuoka, making it only the second operational plant of its kind globally, reported The Guardian. The project is expected to generate around 880,000 kilowatt hours of electricity each year, enough to partly power a desalination plant supplying water to the city and nearby areas. According to…