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  • CleanMax Reports Strong Q1 FY27 Results With Revenue Doubling And Renewable Energy Capacity Growth

    Clean Max Enviro Energy Solutions Limited delivered a strong financial performance in the first quarter of FY27, reporting significant growth in revenue, profitability, and renewable energy capacity. For the quarter ended June 30, 2026, the company’s revenue from operations rose to INR 832 crore, more than doubling from INR 402 crore recorded in the corresponding quarter of FY26. The growth was supported by the expansion of its operational renewable energy assets and rapid progress in its Renewable Energy (RE) Services business.

    The company reported an Adjusted EBITDA of INR 494 crore, representing a 74% year-on-year increase. CleanMax also returned to profitability, posting a Profit After Tax (PAT) of INR 55 crore compared to a loss of INR 17 crore in the same period last year.

    During the quarter, CleanMax achieved its highest-ever quarterly commissioning by adding more than 0.5 GW of operational renewable energy capacity. This helped increase its total contracted capacity to 6.8 GW, nearly three times higher than two years ago. Out of this, the RE Power Sales portfolio accounts for 6.0 GW, including 3.5 GW already operational and 2.5 GW currently under execution. The company expects to add more than 1.5 GW of RE Power Sales capacity during the remaining months of FY27.

    The growing demand for clean energy from data centers and artificial intelligence (AI) infrastructure has become a major contributor to CleanMax’s business. The sector now represents 42% of the company’s contracted RE Power Sales capacity, increasing from 0.24 GW in March 2024 to more than 2.5 GW by June 2026. CleanMax serves several leading technology and data center companies, including Cisco, STT Global Data Centres, NTT Data Group, Equinix, and Princeton Digital Group. The company also reported strong customer loyalty, with 79% of new capacity additions coming from existing customers across its portfolio of 593 commercial and industrial clients.

    CleanMax also strengthened its financial position during the quarter. The weighted average cost of project debt declined to 8.4% as of June 2026 from 9.2% in April 2025, supported by its CARE AA- (Stable) credit rating. The company also improved operating efficiency, with Selling, General and Administrative expenses falling to 8.7% of RE Power Sales income, compared to 18.2% in FY23.

    At its Board meeting held on July 31, 2026, the company approved the consolidation of selected rooftop solar special purpose vehicles representing 148 MWp into the holding company. It also approved the issuance of domestic bonds to diversify funding sources, secure long-term fixed interest rates, and support future capital expenditure plans.

    Managing Director Kuldeep Jain said the company remains on track to achieve its annual growth targets, while Chief Financial Officer Nikunj Ghodawat highlighted that improving scale, lower borrowing costs, and disciplined financial management will support CleanMax’s expanding renewable energy pipeline.

  • INA Solar Launches ‘Azaadi Mahotsav 2026’ Campaign to Promote Solar Adoption

    INA Solar Launches ‘Azaadi Mahotsav 2026’ Campaign to Promote Solar Adoption

    Insolation Energy Ltd. (INA Solar), one of India’s leading solar panel manufacturers, has launched ‘Azaadi Mahotsav 2026 – Bijli Bill Se Azaadi Ka Jashn’, a nationwide awareness campaign aimed at encouraging households, businesses and industries to adopt solar energy and reduce electricity costs.

    The campaign has been launched to promote greater awareness about clean energy adoption while highlighting the economic benefits of switching to solar power. Through the initiative, the company aims to inspire consumers to embrace renewable energy as a long-term solution for energy independence and sustainable growth.

    Commenting on the initiative, Manish Gupta, Chairman, and Vikas Jain, Managing Director, INA Solar, said, “India is moving rapidly towards energy self-reliance, and solar energy is playing a pivotal role in this transformation. Through ‘Azaadi Mahotsav 2026’, we aim to encourage more homes, businesses and industries to adopt clean energy solutions that reduce electricity costs while contributing to a greener and more sustainable future.”

    They further added that INA Solar currently has an annual solar module manufacturing capacity of 5.5 GW. The company is also expanding its manufacturing footprint with a new state-of-the-art facility in Narmadapuram, Madhya Pradesh, which will house 4.5 GW of solar cell manufacturing capacity and 18,000 metric tonnes per annum of aluminium frame manufacturing capacity. The expansion aligns with the Government of India’s Make in India, Atmanirbhar Bharat, and Viksit Bharat initiatives while strengthening the country’s domestic solar manufacturing ecosystem.

    INA Solar manufactures TOPCon solar modules ranging from 500 Wp to 635 Wp, catering to residential, commercial, industrial, solar park and solar pump applications. The company said its products are designed to deliver high efficiency, long-term reliability and superior performance across diverse project segments.

    As part of Azaadi Mahotsav 2026, INA Solar will roll out a series of awareness initiatives across digital platforms and on-ground activities to educate consumers about the financial and environmental benefits of solar energy while promoting wider adoption of renewable energy solutions across India.

  • INA Solar Launches ‘Azaadi Mahotsav 2026’ Campaign to Promote Solar Adoption

    INA Solar Launches ‘Azaadi Mahotsav 2026’ Campaign to Promote Solar Adoption

    Insolation Energy Ltd. (INA Solar), one of India’s leading solar panel manufacturers, has launched ‘Azaadi Mahotsav 2026 – Bijli Bill Se Azaadi Ka Jashn’, a nationwide awareness campaign aimed at encouraging households, businesses and industries to adopt solar energy and reduce electricity costs.

    The campaign has been launched to promote greater awareness about clean energy adoption while highlighting the economic benefits of switching to solar power. Through the initiative, the company aims to inspire consumers to embrace renewable energy as a long-term solution for energy independence and sustainable growth.

    Commenting on the initiative, Manish Gupta, Chairman, and Vikas Jain, Managing Director, INA Solar, said, “India is moving rapidly towards energy self-reliance, and solar energy is playing a pivotal role in this transformation. Through ‘Azaadi Mahotsav 2026’, we aim to encourage more homes, businesses and industries to adopt clean energy solutions that reduce electricity costs while contributing to a greener and more sustainable future.”

    They further added that INA Solar currently has an annual solar module manufacturing capacity of 5.5 GW. The company is also expanding its manufacturing footprint with a new state-of-the-art facility in Narmadapuram, Madhya Pradesh, which will house 4.5 GW of solar cell manufacturing capacity and 18,000 metric tonnes per annum of aluminium frame manufacturing capacity. The expansion aligns with the Government of India’s Make in India, Atmanirbhar Bharat, and Viksit Bharat initiatives while strengthening the country’s domestic solar manufacturing ecosystem.

    INA Solar manufactures TOPCon solar modules ranging from 500 Wp to 635 Wp, catering to residential, commercial, industrial, solar park and solar pump applications. The company said its products are designed to deliver high efficiency, long-term reliability and superior performance across diverse project segments.

    As part of Azaadi Mahotsav 2026, INA Solar will roll out a series of awareness initiatives across digital platforms and on-ground activities to educate consumers about the financial and environmental benefits of solar energy while promoting wider adoption of renewable energy solutions across India.

  • INA Solar Launches ‘Azaadi Mahotsav 2026’ Campaign to Promote Solar Adoption

    INA Solar Launches ‘Azaadi Mahotsav 2026’ Campaign to Promote Solar Adoption

    Insolation Energy Ltd. (INA Solar), one of India’s leading solar panel manufacturers, has launched ‘Azaadi Mahotsav 2026 – Bijli Bill Se Azaadi Ka Jashn’, a nationwide awareness campaign aimed at encouraging households, businesses and industries to adopt solar energy and reduce electricity costs.

    The campaign has been launched to promote greater awareness about clean energy adoption while highlighting the economic benefits of switching to solar power. Through the initiative, the company aims to inspire consumers to embrace renewable energy as a long-term solution for energy independence and sustainable growth.

    Commenting on the initiative, Manish Gupta, Chairman, and Vikas Jain, Managing Director, INA Solar, said, “India is moving rapidly towards energy self-reliance, and solar energy is playing a pivotal role in this transformation. Through ‘Azaadi Mahotsav 2026’, we aim to encourage more homes, businesses and industries to adopt clean energy solutions that reduce electricity costs while contributing to a greener and more sustainable future.”

    They further added that INA Solar currently has an annual solar module manufacturing capacity of 5.5 GW. The company is also expanding its manufacturing footprint with a new state-of-the-art facility in Narmadapuram, Madhya Pradesh, which will house 4.5 GW of solar cell manufacturing capacity and 18,000 metric tonnes per annum of aluminium frame manufacturing capacity. The expansion aligns with the Government of India’s Make in India, Atmanirbhar Bharat, and Viksit Bharat initiatives while strengthening the country’s domestic solar manufacturing ecosystem.

    INA Solar manufactures TOPCon solar modules ranging from 500 Wp to 635 Wp, catering to residential, commercial, industrial, solar park and solar pump applications. The company said its products are designed to deliver high efficiency, long-term reliability and superior performance across diverse project segments.

    As part of Azaadi Mahotsav 2026, INA Solar will roll out a series of awareness initiatives across digital platforms and on-ground activities to educate consumers about the financial and environmental benefits of solar energy while promoting wider adoption of renewable energy solutions across India.

  • INA Solar Launches ‘Azaadi Mahotsav 2026’ Campaign to Promote Solar Adoption

    INA Solar Launches ‘Azaadi Mahotsav 2026’ Campaign to Promote Solar Adoption

    Insolation Energy Ltd. (INA Solar), one of India’s leading solar panel manufacturers, has launched ‘Azaadi Mahotsav 2026 – Bijli Bill Se Azaadi Ka Jashn’, a nationwide awareness campaign aimed at encouraging households, businesses and industries to adopt solar energy and reduce electricity costs.

    The campaign has been launched to promote greater awareness about clean energy adoption while highlighting the economic benefits of switching to solar power. Through the initiative, the company aims to inspire consumers to embrace renewable energy as a long-term solution for energy independence and sustainable growth.

    Commenting on the initiative, Manish Gupta, Chairman, and Vikas Jain, Managing Director, INA Solar, said, “India is moving rapidly towards energy self-reliance, and solar energy is playing a pivotal role in this transformation. Through ‘Azaadi Mahotsav 2026’, we aim to encourage more homes, businesses and industries to adopt clean energy solutions that reduce electricity costs while contributing to a greener and more sustainable future.”

    They further added that INA Solar currently has an annual solar module manufacturing capacity of 5.5 GW. The company is also expanding its manufacturing footprint with a new state-of-the-art facility in Narmadapuram, Madhya Pradesh, which will house 4.5 GW of solar cell manufacturing capacity and 18,000 metric tonnes per annum of aluminium frame manufacturing capacity. The expansion aligns with the Government of India’s Make in India, Atmanirbhar Bharat, and Viksit Bharat initiatives while strengthening the country’s domestic solar manufacturing ecosystem.

    INA Solar manufactures TOPCon solar modules ranging from 500 Wp to 635 Wp, catering to residential, commercial, industrial, solar park and solar pump applications. The company said its products are designed to deliver high efficiency, long-term reliability and superior performance across diverse project segments.

    As part of Azaadi Mahotsav 2026, INA Solar will roll out a series of awareness initiatives across digital platforms and on-ground activities to educate consumers about the financial and environmental benefits of solar energy while promoting wider adoption of renewable energy solutions across India.

  • INA Solar Launches ‘Azaadi Mahotsav 2026’ Campaign to Promote Solar Adoption

    INA Solar Launches ‘Azaadi Mahotsav 2026’ Campaign to Promote Solar Adoption

    Insolation Energy Ltd. (INA Solar), one of India’s leading solar panel manufacturers, has launched ‘Azaadi Mahotsav 2026 – Bijli Bill Se Azaadi Ka Jashn’, a nationwide awareness campaign aimed at encouraging households, businesses and industries to adopt solar energy and reduce electricity costs.

    The campaign has been launched to promote greater awareness about clean energy adoption while highlighting the economic benefits of switching to solar power. Through the initiative, the company aims to inspire consumers to embrace renewable energy as a long-term solution for energy independence and sustainable growth.

    Commenting on the initiative, Manish Gupta, Chairman, and Vikas Jain, Managing Director, INA Solar, said, “India is moving rapidly towards energy self-reliance, and solar energy is playing a pivotal role in this transformation. Through ‘Azaadi Mahotsav 2026’, we aim to encourage more homes, businesses and industries to adopt clean energy solutions that reduce electricity costs while contributing to a greener and more sustainable future.”

    They further added that INA Solar currently has an annual solar module manufacturing capacity of 5.5 GW. The company is also expanding its manufacturing footprint with a new state-of-the-art facility in Narmadapuram, Madhya Pradesh, which will house 4.5 GW of solar cell manufacturing capacity and 18,000 metric tonnes per annum of aluminium frame manufacturing capacity. The expansion aligns with the Government of India’s Make in India, Atmanirbhar Bharat, and Viksit Bharat initiatives while strengthening the country’s domestic solar manufacturing ecosystem.

    INA Solar manufactures TOPCon solar modules ranging from 500 Wp to 635 Wp, catering to residential, commercial, industrial, solar park and solar pump applications. The company said its products are designed to deliver high efficiency, long-term reliability and superior performance across diverse project segments.

    As part of Azaadi Mahotsav 2026, INA Solar will roll out a series of awareness initiatives across digital platforms and on-ground activities to educate consumers about the financial and environmental benefits of solar energy while promoting wider adoption of renewable energy solutions across India.

  • INA Solar Launches ‘Azaadi Mahotsav 2026’ Campaign to Promote Solar Adoption

    Insolation Energy Ltd. (INA Solar), one of India’s leading solar panel manufacturers, has launched ‘Azaadi Mahotsav 2026 – Bijli Bill Se Azaadi Ka Jashn’, a nationwide awareness campaign aimed at encouraging households, businesses and industries to adopt solar energy and reduce electricity costs.

    The campaign has been launched to promote greater awareness about clean energy adoption while highlighting the economic benefits of switching to solar power. Through the initiative, the company aims to inspire consumers to embrace renewable energy as a long-term solution for energy independence and sustainable growth.

    Commenting on the initiative, Manish Gupta, Chairman, and Vikas Jain, Managing Director, INA Solar, said, “India is moving rapidly towards energy self-reliance, and solar energy is playing a pivotal role in this transformation. Through ‘Azaadi Mahotsav 2026’, we aim to encourage more homes, businesses and industries to adopt clean energy solutions that reduce electricity costs while contributing to a greener and more sustainable future.”

    They further added that INA Solar currently has an annual solar module manufacturing capacity of 5.5 GW. The company is also expanding its manufacturing footprint with a new state-of-the-art facility in Narmadapuram, Madhya Pradesh, which will house 4.5 GW of solar cell manufacturing capacity and 18,000 metric tonnes per annum of aluminium frame manufacturing capacity. The expansion aligns with the Government of India’s Make in India, Atmanirbhar Bharat, and Viksit Bharat initiatives while strengthening the country’s domestic solar manufacturing ecosystem.

    INA Solar manufactures TOPCon solar modules ranging from 500 Wp to 635 Wp, catering to residential, commercial, industrial, solar park and solar pump applications. The company said its products are designed to deliver high efficiency, long-term reliability and superior performance across diverse project segments.

    As part of Azaadi Mahotsav 2026, INA Solar will roll out a series of awareness initiatives across digital platforms and on-ground activities to educate consumers about the financial and environmental benefits of solar energy while promoting wider adoption of renewable energy solutions across India.

  • INA Solar Launches ‘Azaadi Mahotsav 2026’ Campaign to Promote Solar Adoption

    Insolation Energy Ltd. (INA Solar), one of India’s leading solar panel manufacturers, has launched ‘Azaadi Mahotsav 2026 – Bijli Bill Se Azaadi Ka Jashn’, a nationwide awareness campaign aimed at encouraging households, businesses and industries to adopt solar energy and reduce electricity costs.

    The campaign has been launched to promote greater awareness about clean energy adoption while highlighting the economic benefits of switching to solar power. Through the initiative, the company aims to inspire consumers to embrace renewable energy as a long-term solution for energy independence and sustainable growth.

    Commenting on the initiative, Manish Gupta, Chairman, and Vikas Jain, Managing Director, INA Solar, said, “India is moving rapidly towards energy self-reliance, and solar energy is playing a pivotal role in this transformation. Through ‘Azaadi Mahotsav 2026’, we aim to encourage more homes, businesses and industries to adopt clean energy solutions that reduce electricity costs while contributing to a greener and more sustainable future.”

    They further added that INA Solar currently has an annual solar module manufacturing capacity of 5.5 GW. The company is also expanding its manufacturing footprint with a new state-of-the-art facility in Narmadapuram, Madhya Pradesh, which will house 4.5 GW of solar cell manufacturing capacity and 18,000 metric tonnes per annum of aluminium frame manufacturing capacity. The expansion aligns with the Government of India’s Make in India, Atmanirbhar Bharat, and Viksit Bharat initiatives while strengthening the country’s domestic solar manufacturing ecosystem.

    INA Solar manufactures TOPCon solar modules ranging from 500 Wp to 635 Wp, catering to residential, commercial, industrial, solar park and solar pump applications. The company said its products are designed to deliver high efficiency, long-term reliability and superior performance across diverse project segments.

    As part of Azaadi Mahotsav 2026, INA Solar will roll out a series of awareness initiatives across digital platforms and on-ground activities to educate consumers about the financial and environmental benefits of solar energy while promoting wider adoption of renewable energy solutions across India.

  • Tamil Nadu Charts Next Phase of Wind Energy Growth as IWTMA Unveils Energy Transition Roadmap

    Tamil Nadu Charts Next Phase of Wind Energy Growth as IWTMA Unveils Energy Transition Roadmap

    As India accelerates its clean energy transition, Tamil Nadu is poised to play a defining role in shaping the country’s next chapter of wind energy growth. Reinforcing this vision, the Indian Wind Turbine Manufacturers Association (IWTMA) commissioned a report titled “Action Items for Energy Transition in Tamil Nadu”, outlining strategic interventions to enhance the state’s position as India’s wind energy leader.

    The report served as the foundation for discussions at the Tamil Nadu Wind India Leadership Summit 2026, which brought together senior government officials, policymakers and industry leaders to deliberate on the policy priorities needed to unlock the state’s renewable energy potential.

    The summit brought together senior government officials, policymakers and industry leaders for focused roundtable discussions on Tamil Nadu’s role in India’s energy transition. Led by P. N. Sridhar, Managing Director, Tamil Nadu Green Energy Corporation Limited (TNGECL); Anil Meshram, Principal Secretary, Energy, Government of Tamil Nadu; Dr. S. Vijayakumar, Additional Chief Secretary, Industries, Investment Promotion & Commerce Department, Government of Tamil Nadu; Rajesh Kulhari, Joint Secretary (Wind), Ministry of New and Renewable Energy (MNRE); Dr. Rajesh Katyal, Director General, National Institute of Wind Energy (NIWE); and Shri Sivakumar Vepakomma, Director – Power Systems, Solar Energy Corporation of India Limited (SECI); the deliberations focused on strengthening collaboration between government and industry to accelerate investments, enhance manufacturing competitiveness and unlock the state’s next phase of wind energy growth.

    The report presents a roadmap focused on improving policy execution and fostering a more conducive investment environment through CapEx subsidies. It also outlines measures to promote wind repowering, develop manufacturing hubs around Ennore and VOC Port, advance Green Energy Corridor planning, offshore wind development and grid readiness.

    Additionally , it also places special emphasis on accelerating wind turbine and component exports from Tamil Nadu. Currently, The state exports wind turbines and components worth over ₹1,000 crore annually, supporting thousands of direct and indirect jobs. Building on its established manufacturing ecosystem, the report outlines measures to further strengthen Tamil Nadu’s position as a global wind manufacturing and export hub.

    Dr. Saravanan Manickam, Vice Chairman & Secretary, Indian Wind Turbine Manufacturers Association (IWTMA), “Tamil Nadu has long been the foundation of India’s wind energy ecosystem, with the industrial capability, skilled workforce and natural resources to lead the sector’s next era of growth. As global demand for clean energy technologies continues to rise, the state has a unique opportunity to strengthen its position not only as India’s wind manufacturing hub but also as a globally competitive export base. The deliberations at today’s summit reaffirm the importance of sustained collaboration between government and industry to unlock this opportunity and shape the future of India’s wind sector.”

    Aditya Pyasi, CEO, Indian Wind Turbine Manufacturers Association (IWTMA), said, “As India’s renewable energy landscape evolves, creating an enabling ecosystem for investment and timely project execution will be critical to sustaining growth. The recommendations presented in this report are intended to support policy dialogue around strengthening manufacturing, expanding exports, improving infrastructure and creating an investment-friendly ecosystem.”

    Through these recommendations, the report envisions Tamil Nadu strengthening its renewable manufacturing base, making wind repowering commercially viable, developing transmission infrastructure ahead of demand and establishing itself as India’s leading offshore wind manufacturing and export hub; creating a strong foundation for sustainable industrial growth, energy security and long-term economic competitiveness.

  • Tamil Nadu Charts Next Phase of Wind Energy Growth as IWTMA Unveils Energy Transition Roadmap

    Tamil Nadu Charts Next Phase of Wind Energy Growth as IWTMA Unveils Energy Transition Roadmap

    As India accelerates its clean energy transition, Tamil Nadu is poised to play a defining role in shaping the country’s next chapter of wind energy growth. Reinforcing this vision, the Indian Wind Turbine Manufacturers Association (IWTMA) commissioned a report titled “Action Items for Energy Transition in Tamil Nadu”, outlining strategic interventions to enhance the state’s position as India’s wind energy leader.

    The report served as the foundation for discussions at the Tamil Nadu Wind India Leadership Summit 2026, which brought together senior government officials, policymakers and industry leaders to deliberate on the policy priorities needed to unlock the state’s renewable energy potential.

    The summit brought together senior government officials, policymakers and industry leaders for focused roundtable discussions on Tamil Nadu’s role in India’s energy transition. Led by P. N. Sridhar, Managing Director, Tamil Nadu Green Energy Corporation Limited (TNGECL); Anil Meshram, Principal Secretary, Energy, Government of Tamil Nadu; Dr. S. Vijayakumar, Additional Chief Secretary, Industries, Investment Promotion & Commerce Department, Government of Tamil Nadu; Rajesh Kulhari, Joint Secretary (Wind), Ministry of New and Renewable Energy (MNRE); Dr. Rajesh Katyal, Director General, National Institute of Wind Energy (NIWE); and Shri Sivakumar Vepakomma, Director – Power Systems, Solar Energy Corporation of India Limited (SECI); the deliberations focused on strengthening collaboration between government and industry to accelerate investments, enhance manufacturing competitiveness and unlock the state’s next phase of wind energy growth.

    The report presents a roadmap focused on improving policy execution and fostering a more conducive investment environment through CapEx subsidies. It also outlines measures to promote wind repowering, develop manufacturing hubs around Ennore and VOC Port, advance Green Energy Corridor planning, offshore wind development and grid readiness.

    Additionally , it also places special emphasis on accelerating wind turbine and component exports from Tamil Nadu. Currently, The state exports wind turbines and components worth over ₹1,000 crore annually, supporting thousands of direct and indirect jobs. Building on its established manufacturing ecosystem, the report outlines measures to further strengthen Tamil Nadu’s position as a global wind manufacturing and export hub.

    Dr. Saravanan Manickam, Vice Chairman & Secretary, Indian Wind Turbine Manufacturers Association (IWTMA), “Tamil Nadu has long been the foundation of India’s wind energy ecosystem, with the industrial capability, skilled workforce and natural resources to lead the sector’s next era of growth. As global demand for clean energy technologies continues to rise, the state has a unique opportunity to strengthen its position not only as India’s wind manufacturing hub but also as a globally competitive export base. The deliberations at today’s summit reaffirm the importance of sustained collaboration between government and industry to unlock this opportunity and shape the future of India’s wind sector.”

    Aditya Pyasi, CEO, Indian Wind Turbine Manufacturers Association (IWTMA), said, “As India’s renewable energy landscape evolves, creating an enabling ecosystem for investment and timely project execution will be critical to sustaining growth. The recommendations presented in this report are intended to support policy dialogue around strengthening manufacturing, expanding exports, improving infrastructure and creating an investment-friendly ecosystem.”

    Through these recommendations, the report envisions Tamil Nadu strengthening its renewable manufacturing base, making wind repowering commercially viable, developing transmission infrastructure ahead of demand and establishing itself as India’s leading offshore wind manufacturing and export hub; creating a strong foundation for sustainable industrial growth, energy security and long-term economic competitiveness.