China’s Solar Comeback: Prices Skyrocket 50% as Industry Giants Turn Losses Into Profits
China’s biggest solar material makers are finally seeing a comeback after suffering heavy losses over the past two years. Top polysilicon manufacturer Tongwei Co. reported a strong recovery in the July–September quarter, with its losses shrinking sharply to 315...
Himachal’s Future at Stake: Why Locals and a War Hero Are Saying No to the Solar Dream
The demand to cancel the Central Government’s ₹20,000-crore mega solar power project in Himachal Pradesh is getting stronger. Kargil war hero and BJP leader Brigadier Khushal Thakur (retd) has joined environmentalists and local activists in opposing the project,...
Ola Without Wheels? Let’s Know About Ola Shakti
Ola Electric, known for shaking up India’s electric mobility space, has just made a bold new move beyond wheels. CEO Bhavish Aggarwal has announced the launch of Ola Shakti, the company’s first-ever residential Battery Energy Storage System (BESS). Built using Ola’s...
Big Win for Vikram Solar: Stock Rises After ₹148.9 MW Deal
Vikram Solar’s stock rose nearly 4% after the company won a major order of 148.9 MW of Topcon solar modules from Sunsure Energy Private Limited. The stock touched an intraday high of ₹348.8 per share on the BSE, before settling at ₹340.05, up 1.2%. In comparison, the...
Waaree Energies Could Be India’s Next Solar Superstar, Profit & Orders Are Exploding
Nuvama has rated Waaree Energies as a Buy and set a target price of ₹4,150 per share, about 17% higher than its current price. The company is doing well, its profit doubled in the second quarter of FY26, and its production increased by 42% over the last year. Waaree...
Avaada Electro Quietly Files ₹10,000 Crore DRHP, India’s Largest Solar IPO Yet
Avaada Electro, the solar panel manufacturing arm of the Brookfield-backed Avaada Group, has quietly filed a Confidential Draft Red Herring Prospectus (DRHP) with SEBI to raise between ₹9,000 crore and ₹10,000 crore. This move could make it the largest IPO by a solar...
iNVERGY to Participate in Renewable Energy India Expo 2025
iNVERGY, a leading company in solar power and energy storage, is all set to take part in the Renewable Energy India (REI) Expo 2025. The three-day event will take place from October 30 to November 1, 2025, at the India Expo Mart in Greater Noida. The company will...
PNC Infratech Launches Renewable Energy Subsidiary, Stock in Focus
PNC Infratech has set up a new wholly owned subsidiary, PNC Renewable Energy Private Limited, to take on projects in the renewable energy sector. The company said any transactions between PNC Infratech and the new subsidiary will be conducted at arm’s length. The...
India’s Big Rooftop Solar Push: Impressive Numbers, Hidden Hurdles
India’s PM Surya Ghar Yojana (PMSGY) has helped install 4,946 MW of rooftop solar panels by July 2025, as per a report by IEEFA and JMK Research & Analytics. The program has made solar power cheaper for families, with the government giving over ₹9,280 crore...
Avaada to Invest ₹36,000 Crore in Green Energy Projects Across Gujarat
Avaada Group has signed an agreement with the Gujarat government to invest ₹36,000 crore in renewable energy projects across the state. This big investment shows Avaada’s effort to support India’s clean energy goals and help Gujarat become a major hub for green power....
