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Energy Industry News
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Can Advait preserve higher Q1 margins while its order book passes Rs 1,330cr?
Advait Energy Transitions has won a ₹134.62 crore MPPTCL turnkey contract for emergency restoration systems across 400 kV, 220 kV and 132 kV lines, adding to a rapid August order wave.
August 27, 2026
Standard Nuclear backlog reaches $576.9m as funded TRISO orders rise fourteenfold since March
Standard Nuclear’s total backlog has risen to $576.9 million after new TRISO fuel agreements, but only $119.3 million is currently funded and binding, making backlog quality as important as the headline growth.
August 27, 2026
Can Genus Power protect margins while executing Rs 24,020cr of smart-meter work?
Genus Power’s Q1 FY27 consolidated revenue rose 44.8% to ₹1,364.88 crore and PAT increased 43.2%, while its executable order book reached ₹24,020 crore, though standalone EBITDA margin narrowed by 210 basis points.
August 27, 2026
AEP’s Indiana utility proposes $59m rate cut as data center load begins subsidizing existing customers
Indiana Michigan Power is proposing about $59 million of bill reductions in 2027 and a three-year residential rate freeze, arguing that new large-load customers including data centers can lower costs for existing customers.
August 27, 2026
JinkoSolar cuts 2026 shipment guidance by 15 GW at midpoint as gross margin falls to 4.2%
JinkoSolar has cut full-year module shipment guidance from 75-85 GW to 60-70 GW after second-quarter revenue fell 31% and gross margin dropped to 4.2%, while Wei “Dimi” Du replaces Xiande Li as CEO.
August 26, 2026
SLB (NYSE: SLB) wins Brunei Shell contract to restore shut-in offshore production
SLB has won a Brunei Shell Petroleum contract to restore production from shut-in wells across multiple offshore fields, combining subsurface work, interventions, metering and marine logistics.
August 25, 2026
IFM-backed Swift Current locks in $750m facility as US electricity demand accelerates
Swift Current Energy has closed a $750 million three-year corporate credit facility expandable to $1 billion, giving the developer flexible capital against more than 10 GW of United States projects.
August 25, 2026
METLEN (LSE: MTLN) fires up 49.9MW Protos waste-to-energy plant in Cheshire
METLEN has completed first fire on waste at the 49.9 MW Protos Energy Recovery Facility in Cheshire, moving the 500,000-tonne-a-year project into final hot commissioning.
August 25, 2026
Saipem wins $1.8bn Middle East offshore EPCI contract as backlog stays near €30bn
Saipem has secured a $1.8 billion Middle East offshore EPCI contract covering offshore and subsea infrastructure, adding a major award to a backlog already approaching €30 billion.
August 25, 2026
Can Suzlon convert a 1,325 MW Andhra pipeline into higher-margin execution?
Suzlon has announced a ₹10,000 crore Andhra Pradesh wind-development programme covering 1,325 MW in Anantapur, while a new S144 blade manufacturing line is scheduled to be inaugurated as the group targets another 5 GW in the state by 2030.
August 25, 2026