TAG: "Swelect Energy Systems"

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SWELECT Energy Systems Launches Off-Grid Solar Cooking Solution for Energy-Independent Homes

Unveiled on Tamil New Year, the solar-powered cooking solution enables households to cook using only sunlight, reducing reliance on LPG and grid electricity while promoting sustainable living.

Swelect Energy Systems | April 15, 2026 | By News Bureau |  540

SWELECT’s Singapore Arm to Form JV with FortifyGrid to Develop Solar BESS Projects

SWELECT Energy Systems’ Board of Directors has approved a proposal for its Singapore subsidiary to form a 50:50 joint venture with FortifyGrid LLC to develop solar BESS projects across Singapore and the ASEAN region.

Swelect Energy Systems | February 19, 2026 | By Mrinmoy Dey |  622

SWELECT Reports 51.7 Percent Jump in Revenue in Q3 FY26, Aims 2 GW Module, 1 GW IPP, EPC Capacities

SWELECT Energy Systems reported a 51.7 percent YoY jump in Q3 FY26 revenue to INR 138.63 crore with PBT up 367 percent and PAT turning positive. The company aims to achieve 2 GW of module manufacturing capacity by Q1 FY26-27 and 1 GW of IPP assets and 1 GW of EPC orders within a two-year timeframe.

Swelect Energy Systems | February 17, 2026 | By Mrinmoy Dey |  749

SWELECT Rebrands with New Logo, Launches NUMERGY Battery Energy Storage Portfolio

SWELECT Energy Systems has unveiled a new corporate identity with the tagline ‘Powering the World Responsibly’ and launched its NUMERGY portfolio of battery energy storage and home energy solutions for residential, SOHO and C&I applications.

Swelect Energy Systems | January 22, 2026 | By Mrinmoy Dey |  942

SWELECT Energy Systems Appoints Dr. Arulkumar Shanmugasundaram as CEO and MD

SWELECT Energy Systems has appointed Dr. Arulkumar Shanmugasundaram as its new CEO and MD, with R. Chellappan transitioning to the role of Vice Chairman to guide the company’s next growth phase in solar manufacturing, EPC, and IPP.

Swelect Energy Systems | September 12, 2025 | By Mrinmoy Dey |  1205

Swelect Secures Order for 150 MW High-Efficiency TOPCon Bi-facial Solar PV Modules

This strategic move, secured against a portion of its Solar Power Generating Assets, has unlocked INR 260 crore in cash collaterals—funds that will now be reinvested to scale up SWELECT’s IPP portfolio to 1 GW by 2026-27.

Swelect Energy Systems | March 12, 2025 | By News Bureau |  1142

SWELECT Energy Systems to Raise INR 138 Cr via NCDs

SWELECT Energy Systems plans to raise INR 138 crore through private placement of non-convertible debentures and expand its solar project portfolio with new subsidiaries and capacity enhancements.

Swelect Energy Systems | December 20, 2024 | By Mrinmoy Dey |  1486

Swelect Energy, Grew and ReNew Secure SECI's Solar Module Manufacturing Auction

Swelect Energy Systems secured a 100 MW capacity, while Grew Energy secured 200 MW, and ReNew Photovoltaics bagged 100 MW.

Swelect Energy Systems | April 23, 2024 | By Abha Rustagi |  2281

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