Vikran Engineering Shares Rise 9% After ₹1,642 Cr Solar EPC Order and 333% Profit Jump
Vikran Engineering Ltd’s stock surged nearly 9% today after the company announced a massive ₹1,642 crore solar EPC order and a stunning 333% year-on-year rise in net profit for Q2 FY26. The stock hit a high of ₹108.60 before closing at ₹102.9, compared to the...
Motilal Oswal Sees Up to 19% Upside in Waaree Energies, Here’s What’s Driving the Stock
Waaree Energies, one of India’s leading solar cell and module manufacturers, has seen its share price rise more than 26% in the last six months. Now, brokerage firm Motilal Oswal has started coverage on the stock with a Buy recommendation. The firm has set a target...
KPI Green Energy Profit Grows 67% in Q2, Revenue Jumps 77%, Announces Dividend
KPI Green Energy has announced strong financial results for the second quarter of FY26. The company’s revenue also saw major growth, rising 77% to ₹641.1 crore, mainly due to faster project completion and strong performance across its business segments. KPI Green...
ReNew Wins ADB Funding for One of India’s Largest Hybrid Power Projects
ReNew Energy Global Plc has secured $331 million from the Asian Development Bank (ADB) to set up a large clean energy project in Andhra Pradesh. This funding is part of a bigger $477 million package, and ADB will bring in the remaining amount through other financial...
Kerala Updates Renewable Energy Rules, Makes Solar Net Metering Easier
The Kerala State Electricity Regulatory Commission has released the KSERC (Renewable Energy and Related Matters) Regulations, 2025, which bring important changes for prosumers and electricity consumers. The rules will be effective from November 6, 2025, to March 31,...
Emmvee Photovoltaic Power to Launch ₹2,900-Crore IPO on November 11
Solar panel manufacturer Emmvee Photovoltaic Power is set to launch its ₹2,900-crore IPO on November 11. This makes it the fifth solar cell and module maker to enter the market in just over a year, after Waaree Energies, Premier Energies, Vikram Solar, and Saatvik...
Etrica Power Welcomes Rajasthan’s 750 MW Solar Move for Farmers
The Rajasthan government has approved three new solar power plants across Barmer, Bikaner, and Jodhpur. This will add around 750 MW of renewable power to the state. Industry experts say the move will help reduce electricity costs for agricultural users and improve...
India’s Solar Growth Turns Risky: 125 GW Capacity Rise, But Who Will Buy All the Panels?
India’s solar industry is growing continuously, but experts say that this growth could create issues. The country is expected to produce over 125 GW of solar panels by 2025, even though the country needs only about 40 GW. This situation may result in factories...
MSRTC to Turn Sunlight into Savings: ₹1,000 Crore Gain with Mega Solar Power Plan
The Maharashtra State Road Transport Corporation (MSRTC) has decided to become financially independent by building solar power projects across the state. The initiative aims to generate around 300 MW of electricity every year by installing solar panels on open spaces,...
Going Solar in Rajasthan? The State Just Made It More Profitable Than Ever for Homeowners
Rajasthan has once again taken a major step toward promoting clean energy. In a move that’s bringing smiles to thousands of solar users across the state, the Feed-in Tariff (FiT) rates for domestic rooftop solar consumers have been increased, allowing homeowners to...