Strong Solar Module Sales Drive Waaree Energies’ Revenue for Q4 FY 2026 Up 112%

Solar module manufacturer Waaree Energies’ revenue from operations for the fourth quarter (Q4) of the financial year (FY) 2026 rose 111.8% year-over-year (YoY) to ₹84.80 billion (~$894.34 million) from ₹40.04 billion (~$422.28 million). The company attributed the revenue increase to strong module sales, advancing upstream integration, and consistent delivery through operational efficiency.

Indore Municipal Corporation Commissions 60 MW Solar Plant Funded Through Green Bonds

Indore Municipal Corporation has launched a 60 MW solar power plant in Khargone, financed primarily through green bonds. This initiative aims to power water pumping operations, saving ₹4-5 crore monthly and cutting carbon emissions by 1.46 lakh tonnes annually. The project sets a benchmark for urban renewable energy integration and sustainability. The post Indore Municipal […]

Daily News Wrap-Up: Solar Cell Production Lags Behind Module Manufacturing

India’s solar manufacturing sector is expanding unevenly, with module production scaling rapidly while cell manufacturing continues to lag. Despite policy support and strong domestic demand, the gap highlights underlying technology and market constraints. Module manufacturing benefits from simpler assembly processes and lower capital requirements, but cell production remains capital-intensive and technology-driven, requiring advanced infrastructure and […]

Non-Banking Financial Companies Offer Custom Loans for Clean Energy Adoption

As commercial and industrial (C&I) consumers, particularly micro, small, and medium enterprises, seek to transition to sustainable energy solutions, the upfront capital required to set up projects is often a key barrier. However, banks and non-banking financial companies (NBFCs) are increasingly addressing this challenge by offering customized financing solutions for the C&I segment. Shifting to […]

Ras Al Khaimah Signs MoUs with Bank of China and ICBC to Boost Investment, Infrastructure and Renewable Energy Cooperation with China

Ras Al Khaimah has signed MoUs with the Bank of China and ICBC to enhance economic cooperation with China. The agreements aim to improve collaboration in manufacturing, logistics, renewable energy, and infrastructure, supporting the emirate’s economic diversification. They will boost trade, investment, and financial linkages, reinforcing Ras Al Khaimah as a key destination for Chinese […]