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Solar Revenue

KPI Green To Light Up 26.15 MW Solar Plant, With Order From 20 Textile Companies

Gujarat-based KPI Green Energy has received an order to develop a 26.15 MW solar power plant from an aggregation of textile firms in Gujarat. This order was received by KPI subsidiary, Sun Drops Energia, to develop the project under the captive power producer (CPP) segment. KPI has been particularly strong in the segment as an […]

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NTPC Awards 15 MW Bhilai Floating Solar Contract To Madhav Infra

Madhav Infra Projects (MIPL) has secured a contract to develop a 15 MW floating solar power plant in Chhattisgarh. NTPC-SAIL Power Company (NSPCL), a joint venture of NTPC and SAIL, has sent a letter of acceptance to Madhav Infra Projects (MIPL), an engineering, procurement, and construction (EPC) contractor, to develop a 15 MW floating solar […]

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Panasonic Energy Reports 15.45% Revenue Growth In FY23-24

Panasonic Energy India Co. Ltd. (PECIN) a part of Panasonic Holdings Corporation today, announced the audited standalone results for the financial year ended on March 31, 2024. Panasonic reported revenue growth of 15.45% over the last financial year and a 198% increase in profit after tax (PAT). These numbers are a result of cost-efficiency initiatives, […]

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Alpex Solar Net Profit Increases 680% YoY After IPO

Alpex Solar Limited has released its yearly financial statements since its successful IPO on February 15, 2024, is this year. Net earnings for the company increased by 680 percent from INR 3.72 crore in FY23 to INR 29.05 crore in FY24. Operational revenues for the company increased to INR 404.43 crore from INR 182.69 crore […]

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Borosil Renewables Reports 21% Jump In Revenues In Q4

Indian solar glass manufacturer Borosil Renewables Ltd today published its Q4 and annual financial results. The Q4 results (audited standalone) for FY24 indicated a 21 percent rise in its total revenues. However, the rise in losses remained a concern for the company. As per the details, the company reported a total revenue of Rs 23,254 […]

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India’s Solar Energy Sector And Opportunities for Startups and Entrepreneurs

India’s solar energy sector is experiencing a remarkable transformation, creating abundant opportunities for startups and entrepreneurs. With the government’s ambitious targets and supportive policies, this sector is becoming a hotspot for innovation and investment. Growing Solar Capacity India aims to achieve 300 GW of solar capacity by 2030, a significant leap from its current capacity […]

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Q4 Results: NTPC Reports 9% Jump In Revenues, 33% In Profits

Indian power behemoth NTPC Limited has now come up with its financial results for Q4 and FY24. The latest audited consolidated financial results for Q4 revealed that the company’s total revenues increased by nine percent on a Year-on-Year (YoY) basis. The results indicated that while the company’s Q4 revenues stood at Rs 48,816.55 crore in […]

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Deepak Pandey Led Solar Startup GP Eco Solutions Seeks NSE Emerge Listing

Noida-based GP Eco Solutions India Limited (GPES) has confirmed its plans to go ahead with an IPO on NSE Emerge soon, after first announcing it back in March this year. “GP Eco Solar intends to raise capital between Rs. 30 Crore and Rs. 35 Crore, subject to approval. The IPO funds will fuel our growth, […]

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Low Module Prices Weigh On Q1 Earnings For China’s Solar Champions

Over the past 10 days, as numbers have continued to pour out from the listed players from China’s formidable  solar sector, the impact of the low solar module prices seen over the past two quarters and more is clearly visible on their earnings as well. Even as volumes have grown in many cases, revenues have […]

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