TAG: "Devansh Jain"

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Inox Wind Reports 24 Percent Jump in Revenue to INR 1238 Cr in Q3 FY26, PBT up by 62 Percent

Inox Wind posted strong Q3 FY26 performance with a 24 percent rise in revenue to INR 1,238 crore and a 62 percent jump in profit before tax, backed by robust order execution and a 3.2 GW order book.

Devansh Jain | February 14, 2026 | By Mrinmoy Dey | 421

Inox Clean Energy and RJ Corp Form Joint Venture to Develop 570 MW Renewable Portfolio in Africa

Inox Clean Energy and RJ Corp have entered an equal joint venture to acquire Skypower Services MENA and commission 570 MW of renewable capacity, targeting 2.5 GW in Africa by FY29.

Devansh Jain | February 12, 2026 | By News Bureau | 634

Inox Clean Secures INR 3,100 Crore to Scale Renewable Energy Platform

INOXGFL Group’s Inox Clean raised INR 3,100 crore from global and domestic investors, including CalPERS, to expand renewable IPP and solar manufacturing capacity, targeting 10 GW power and 11 GW manufacturing by FY28.

Devansh Jain | January 07, 2026 | By News Bureau | 728

Inox Clean Energy Acquires Vibrant Energy’s 1,337 MW RE Portfolio

Inox Clean Energy has signed definitive agreements to acquire Macquarie-backed Vibrant Energy, adding a 1,337 MW diversified renewable portfolio of which about 800 MW is operational now, to accelerate its scale-up ambitions of reaching 3 GW installed RE capacity by FY26-end.

Devansh Jain | December 22, 2025 | By Mrinmoy Dey | 1082

INOXGFL Group Commissions 3 GW Solar Module and 1.2 GW Nacelle and Hub Manufacturing Plant

Gujarat Deputy Chief Minister Harsh Sanghavi has inaugurated Inox Solar’s first phase of its 3 GW cutting-edge solar module manufacturing facility at Bavla and Inox Wind’s nacelle and hub plant for advanced 3 MW and upcoming 4X MW class wind turbines near Ahmedabad.

Devansh Jain | December 19, 2025 | By Mrinmoy Dey | 841

Inox Solar Secures INR 7,000 Crore Deal with China’s LONGi to Supply 5 GW of Solar Modules

Inox Solar, part of the INOXGFL Group, has signed an INR 7,000 crore contract with China’s LONGi Green Energy to supply 5 GW of solar modules over three years, enabling LONGi to serve ALMM-compliant projects in India.

Devansh Jain | October 27, 2025 | By Mrinmoy Dey | 1427

Inox Solar Commences Production at its 3 GW Solar Module Plant

Inox Solar’s fully-automated plant uses advanced technolgy to produce high-efficiency N-type TOPCon modules with M10, G12R and G12 cells—offering lower degradation and greater reliability for modern solar installations.

Devansh Jain | September 22, 2025 | By News Bureau | 785

Odisha Govt Allocates Land to Inox Solar for 4.8 GW Solar Cell and 4.8 GW Solar Module Plant

Inox Solar has secured land from the Odisha government to set up a 4.8 GW solar cell and 4.8 GW module manufacturing plant, in Dhenkanal, Odisha in two phases with an approximate investment of INR 4,000 crore.

Devansh Jain | April 09, 2025 | By Mrinmoy Dey | 1107

Inox Wind Posts 96 Percent YoY Revenue Growth, 112 Crore Profit in Q3, FY25

Inox Wind reported a 96 percent YoY revenue growth in Q3 FY25, posting its highest-ever quarterly profit of INR 112 crore. IWL’s order book stood at ~ 3.3 GW at the end of Q3 FY25, providing a strong visibility for delivering on its guidance and achieving its 2 GW execution target in FY27.

Devansh Jain | January 31, 2025 | By Mrinmoy Dey | 1741

INOXGFL Group Forays into Solar, to Set Up 5 GW Modules and 2.5 GW Cell Plant by 2026

INOXGFL Group has entered solar manufacturing through Inox Solar, aiming for 5 GW of solar module and 2.5 GW of solar cell capacity by 2026 with an investment of INR 1,500 crore, complemented by turnkey EPC and O&M services to strengthen its integrated renewable energy ecosystem.

Devansh Jain | December 11, 2024 | By Mrinmoy Dey | 1878