Insolation Energy Limited, through its wholly-owned subsidiary Insolation Green Energy Private Limited, has received a Letter of Award (LOA) from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) for nine grid-connected solar power projects with an aggregate capacity of 99 MW AC (128.7 MW DC) in Maharashtra. The projects were awarded under the Mukhyamantri Saur Krushi…
Insolation Energy Limited reported revenue of Rs 740.69 crore for Q1 FY27, up 104.68% from Rs 361.88 crore in Q1 FY26. The strong increase in revenue came as the company continued to scale its solar manufacturing operations. On a sequential basis, however, revenue declined 6.70% from Rs 793.93 crore in Q4 FY26. Profit after tax…
Insolation Energy Limited has announced that its wholly owned subsidiary, Insolation Green Energy Private Limited, has secured a Rs 558.29 crore contract from NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Limited, for the supply of solar photovoltaic (PV) modules. According to the company’s regulatory filing, the contract is domestic in nature and…
INOX Air Products (INOXAP) has signed a 15-year agreement with Insolation Green Energy (INA Solar), a wholly owned subsidiary of Insolation Energy Ltd, to supply ultra-high purity (UHP) nitrogen to the company’s 4.5 GW solar cell manufacturing facility under development in Narmadapuram, Madhya Pradesh. Under the contract, INOXAP will supply UHP nitrogen at 2,400 Nm3/hour…
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,…
Insolation Energy Ltd announced that its subsidiary, Insolation Green Infra Private Limited, has received a turnkey project order worth Rs 232.36 crore (excluding GST) from Silgo Retail Ltd. The order covers the design, engineering, manufacturing, supply, and supervision of erection, testing, and commissioning of a 54 MW AC (70.20 MWp DC) grid-connected solar power plant…
Insolation Green Energy Private Limited, a wholly-owned subsidiary of Insolation Energy Limited, secured a Rs 360.1 million contract with Nexgen Energies Private Limited on April 13, 2025. The contract is for the supply of Mono PERC solar photovoltaic (PV) modules, which will be used for a solar power project in India. The modules are expected…
Insolation Energy Limited has received a Letter of Intent (LoI) from Ajmer Vidyut Vitran Nagar Limited (AVVNL) and Jaipur Vidyut Vitran Nigam Limited (JVVNL) to set up cumulative 38.43 MW grid-connected solar power plant across Rajasthan. The projects will be developed under Component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM)…
Sinovoltaics’ Q1 2025 global PV Module Manufacturers Ranking shows India-based Insolation Energy, Waaree Renewable Technologies, and Solex Energy as the top three. The Altmann Z-score-based ranking covers 63 suppliers, tracking financial health from March 2022 to December 2024. The updated top ten list: Insolation Energy (India) Waaree Renewable Technologies (India) Solex Energy (India) Eterbright (HIWIN)…
Insolation Green Energy Private Limited, a subsidiary of Insolation Energy Limited, has signed a memorandum of understanding (MoU) with the Rajasthan government during the Rising Rajasthan Global Investment Summit 2024. The agreement involves an investment of Rs 100 billion for solar power generation projects, manufacturing facilities for solar components, engineering, procurement, and construction (EPC) projects,…