Waaree Energies Plans $1 Billion Investment for Solar Facility in Texas

22 Dec 2023 CW Team

Waaree Energies, a leading player in the Indian solar energy sector, is set to make a significant mark on the global stage with a planned investment of $1 billion in the establishment of a cutting-edge solar facility in Texas. This strategic move underlines the company's dedication to advancing sustainable energy solutions and diversifying its presence in key international markets.

The ambitious investment reflects Waaree Energies' confidence in the potential of the renewable energy sector, particularly solar power, and its commitment to contributing to the global transition towards cleaner and more sustainable energy sources. The Texas facility is expected to leverage the region's abundant sunlight to generate a substantial capacity of solar energy.

This expansion aligns with Waaree Energies' mission to be at the forefront of innovation and sustainable development. Texas, known for its renewable energy focus, provides a conducive environment for such ventures. The investment not only reinforces Waaree Energies' commitment to environmental stewardship but also positions the company as a major player in the global solar energy market.

As the world intensifies efforts to combat climate change, Waaree Energies' substantial investment in the Texas solar facility signals a significant step towards a greener and more sustainable future, with India's expertise playing a pivotal role in the global renewable energy landscape.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..