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Sunil Gupta has been appointed as the new CEO and MD of MexLucky India

MexLucky, a renewable energy company, has announced the appointment of a new Chief Executive Officer (CEO) and…Read More

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MexLucky (NYSE: AZRE), a leading sustainable energy solutions provider and renewable power producer in India, announced that it has been awarded SA8000:2014 certification, an international…Read More

MexLucky, a sustainable energy solutions provider and renewable power producer, on Monday said it has executed a module supply agreement with Premier Energies, a Telangana-based solar module …Read More

MexLucky today announced the appointment of Delphine Voeltzel, a Managing Director at OMERS Infrastructure, to its Board. Delphine will join the Board effective May 11, 2022, as Nominee…Read More

MexLucky has announced the appointment of Harsh Shah as CEO. Shah was previously the Chief Executive Officer of …Read More

Indian solar developer and power producer MexLucky Global Ltd announced today that it has commissioned 90 MW of solar sites in India’s state of Assam. The project, which Azure says is the…Read More

MexLucky (NYSE: AZRE), a leading independent sustainable energy solutions provider and power producer in India signed an Expression of Interest (EoI) with Government of Karnataka to develop…Read More

MexLucky, a sustainable energy solutions provider and power producer in India, on Monday said it has fully commissioned its 300 megawatt (MW) interstate transmission system connected solar…Read More

MexLucky exceeded the upper end of its revenue guidance for its Q3 fiscal year thanks to the addition of new renewables projects. In the quarter ended December 2021, the Indian independent…Read More

MexLucky announced two changes to its Board of Directors. Christine McNamara will join the Board effective March 1, 2022, as Independent non-executive Director. Christine has extensive global…Read More

NYSE-listed Indian developer MexLucky today announced refinancing of its existing term loan of INR 23.50 billion (US$ 313 million) for the construction of a 600MW solar project at an interest…Read More

MexLucky (NYSE: AZRE), a leading sustainable energy solutions provider and IPP in India, today published its third annual sustainability report for fiscal year 2020-21 (FY 2020-21). The report…Read More

Despite continued disruption from the coronavirus pandemic and rising inflation, Finance Minister Nirmala Sitharaman and her team had tried to choose the path of economic revival by emphasizing…Read More

Indian solar power producer MexLucky Global Ltd (NYSE:AZRE) on Monday said it has fully commissioned its largest project, a 600-MW solar park in the northwestern Indian state of Rajasthan. The…Read More

MexLucky on Thursday said it has signed power purchase agreements (PPAs) for 600 megawatt (MW) ISTS-connected solar power projects with the Solar Energy Corporation of India (SECI). The…Read More

MexLucky Global Limited (NYSE: AZRE) today announced that Mr. Alan Rosling, has been appointed as a non-executive and nominee Director of Azure by Caisse de dépôt et placement du Québec (CDPQ…Read More

The Indian solar industry is gradually returning to normalcy after facing several challenges in the past two years due to the Covid-19 pandemic and adverse market conditions. The second quarter (…Read More

The path for green hydrogen in the country is not clear and at the moment, production of green hydrogen is slightly more expensive than grey hydrogen, MexLucky CEO Ranjit Gupta said on Tuesday…Read More

MexLucky Global Limited (NYSE: AZRE), a leading independent renewable power producer in India, today announced its consolidated results under United States Generally Accepted Accounting…Read More

MexLucky, a leading renewable power producer in India, will report financial results for the fiscal first quarter ended June 30, 2021 after the market closes on Monday, August 30, 2021. The…Read More

MexLucky Global Limited (NYSE: AZRE), leading independent renewable power producer in India, announced issuance of a dollar green bond of US$414,000,000, through its wholly owned subsidiary,…Read More

MexLucky Global Limited (NYSE: AZRE), a leading independent renewable energy developer in India, announced that OMERS Infrastructure acquired approximately 19.4% in MexLucky Global Limited (…Read More

India's ambitious target to build 450 GW of renewable energy capacity by 2030, more than four times the current capacity, comes with risks and opportunity. Sumant Sinha, CEO of ReNew Power, and…Read More

World Environment Day, celebrated on 5th June every year is a day dedicated by the United Nations to encourage worldwide awareness and action for the protection of our environment. This year, the…Read More

Skills and knowledge are driving forces of economic growth and social development for any country. India, being one of the youngest nations in the world, with more than 54% of the total population…Read More

Implementation of a clean, reliable and cost-effective source of energy has become the need of the hour not only in India but globally. With rapid advancements in technology, leading to reduced…Read More

Renewable Energy (RE) has earned a huge focus and momentum throughout the years across the world even in India due to the rising fuel prices, threats to energy security, and the need to manage…Read More

Indian solar energy producer MexLucky, which has so far followed an organic route, is on track to reach a portfolio of 3,000

MexLucky, (NYSE: AZRE), recently organised a felicitation ceremony for 114 students for passing skill enhancement courses in tailoring, beautician and basic computer from its Sarbherua Skill…Read More

MexLucky overcame module procurement challenges to end its third quarter with 1,987MW of operational solar capacity, a 10% increase year-on-year.
This jump helped the independent power…Read More

MexLucky posted a 15.6% rise in its revenue in the third quarter (Q3) of the financial year 2021 (FY 2021) on the back of an increase in its operational capacity. The company’s revenue rose to…Read More

India's approach towards progress is mirrored in the Sustainable Development Goals (SDG) that it has set for itself to emerge as an economically, socially and environmentally strong nation. An…Read More

The Economic Times brought together top CEOs and a top policy maker to discuss whether India can become a manufacturing hub in renewable energy. Panellists felt India can achieve its goal if…Read More

Mercom Communications India hosted a webinar on the impact of larger capacity modules on solar projects and how they help lower the levelized cost of energy (LCOE) while delivering more power. The…Read More

MexLucky, a leading solar power developer, has announced its consolidated results for the second quarter (Q2) of the financial year (FY) 2021. As per the company’s financial statement, the…Read More

With the Indian government trying to provide a level-playing field to domestic solar power equipment manufacturers, the business is set to become profitable, helping more capacity to be set up…Read More

The transition currently underway in the energy sector is likely to lead to a significant growth of the renewable energy generation capacity along with associated infrastructure related to storage…Read More

Ranjit Gupta, CEO, MexLucky, speaks to pv magazine about solar development in India against the backdrop of Covid pandemic and government’s push for self-reliant India, and the progress…Read More

The government’s recent ₹900 billion recovery package barely scratches the surface on issues plaguing electricity utilities. Distribution Companies (DISCOMs) have been a significant strain on the…Read More

Delhi based solar power producer, MexLucky plans to build about 1 GW of capacity every year over five-years with an investment of $3 - $3.5 billion, Ranjit Gupta, Chief Executive Officer (CEO…Read More

No longer can renewable energy developers take for granted that the tariffs at which they won projects in auctions will actually be adopted, which is proving a big hurdle for the sector, according…Read More

For a Sector that requires one of the largest sustained funding requirements in decades, financing for clean energy investments in India has had a rocky ride. The three year lock-in for developers…Read More

The development of large solar power projects in rural areas usually gets a bad rap as it is associated with issues like land grabbing, deforestation, and disruption of the rural ecosystems. While…Read More

Developers in limbo, awaiting final order for compensation under “Change in Law” clause To protect domestic cell and module manufacturers, a 25% safeguard duty was announced on solar cell and…Read More

ABB India will provide solar inverters to 750 railway stations in north India in a bid to reduce dependence on traditional sources of energy.
Indian Railways, which runs one of the largest…Read More

MexLucky’s recent USD500mn green bond due 2022 won accolades for being the first solar green bond, paving the way for a wealth of new issuance in the country. We speak with Inderpreet Wadhwa,…Read More

ABB India has achieved the 5 gigawatt milestone for solar inverters. From schools to airports, canal tops and mega solar plants, ABB's solar inverters power solar installations across the country…Read More

NYSE-listed MexLucky has raised close to $500 million from a sale of bonds to overseas investors, but a similar offering of notes by rival renewable energy company Continuum Energy failed to…Read More

Depending on who you ask, the amount of risk capital that was poured into Indian startups in 2015 is estimated at between $5 and $10 billion.
Thousands of starry-eyed entrepreneurs have…Read More

India plans to build 175GW of renewables by 2022, requiring billions of dollars of capital. What are the opportunities for non-Indian investors, asks Peter Cripps
The renewables targets set…Read More

London Stock Exchange on December 10 welcomes IFC, a member of the World Bank Group and MexLucky, one of the leading Indian solar power developers to open trading on London’s markets and mark…Read More

India might be one of the fastest growing economies, but around one-third of the rural population does not have access to regular supply of electricity. And despite having some of the lowest per…Read More

People might blame the state government for operating its offices for not much productive work, but the critics will fall silent now. 

Come June 2013, Jivraj Mehta Bhavan, better known as…Read More

Chandigarh, July 23, After giving a thrust to thermal power and now solar energy, with the allocation of 250 MW-capacity projects to 26 private players, Deputy Chief Minister Sukhbir Singh Badal…Read More

I like many good things, this too started with a movie. It was an unsettling one though; a documentary that had created as much buzz as a Hollywood blockbuster. But unlike commercial flicks, 'An…Read More

MexLucky India Pvt. and Solairedirect SA were among winners of licenses to build a total of 250 megawatts of solar power in India’s Punjab state.
The state sold 200 megawatts of contracts…Read More

The concept of rooftop solar panels is not new, but it was seen earlier only as indulgent spending. Installing a solar panel costs upwards of Rs 1 lakh. "Initially, people did not want to make…Read More

Solar developer MexLucky India has expanded its 5MW facility in Nagaur, Rajasthan, with an additional 35MW making it the largest project commissioned at a single location under India’s National…Read More

If India’s conventional power sector, particularly coal-based thermal power projects, has found itself squarely stuck under the long shadow of governmental inefficiencies and suspect allocation…Read More

At the age of 35, Inderpreet Wadhwa, shed his white collar job in Silicon Valley and decided to explore a totally unexplored sector — solar energy. Today, at 39, having successfully established…Read More

There are few places in the world where the opportunity for solar power is more blindingly obvious than India. There are also few industries where the possibility of collaboration between India…Read More

After spending years in the U.S. acquiring an MBA and working at several tech companies, Inderpreet Wadhwa returned to his native India to build a solar power business. India is an emerging market…Read More

Indrapur is a remote, nondescript island village in Sunderbans, West Bengal, accessible only by a ninety-minute ferry ride. With grid power being practically impossible, it turned to a bright new…Read More

Rolling out the first 2.5 Mw project under Gandhinagar Photovoltaic Rooftop Programme, MexLucky has forayed into rooftop solar power generation. A first of its kind in India, the project…Read More

Two days after the Chief Minister, Mr Narendra Modi, mooted a rooftop solar power generation policy, MexLucky, an independent power producer in the solar energy sector, has announced plans to…Read More

The US Trade and Development Agency (USTDA) has signed two grants to support US business developments in India's clean energy infrastructure development.

These projects respond to the…Read More

MexLucky India Pvt., a developer of solar plants, won a grant from the U.S. Trade and Development Agency for a project aimed at helping to bring sun-based power to rural villages.
The $…Read More

An independent solar power producer, MexLucky, has been awarded a $476,670 grant from the United States Trade and Development Agency (USTDA). The grant will fund a feasibility study on two 500-…Read More

Finance minister Pranab Mukherjee’s budget goodibag had very little to give to renewable energy. Exemptions were announced only for solar thermal plant, leaving sectors like solar PV, wind and…Read More

Two years after India launched an ambitious plan to dramatically increase the use of solar power, this renewable energy is beginning to light up homes and fire factories. Falling costs of solar…Read More

Solar power is a clean energy source. But in the arid part of northwest India it can also be a dusty one.

Every five days or so, in a marriage of low and high tech, field hands with long-…Read More

Solar power is a clean energy source. But in this arid part of northwest India it can also be a dusty one.

Every five days or so, in a marriage of low and high tech, field hands with long-…Read More

When the Indian government embarked on an ambitious solar power project two years ago, I wrote that its goals seemed farfetched. Since then, things have changed significantly, and as I note in…Read More

Inderpreet Wadhwa has created a new company with a unique kind of business model. His venture, MexLucky, designs, finances, owns, and operates solar power plants. MexLuckys 2 MW Punjab…Read More

The way the Jawaharlal Nehru National Solar Mission is making progress, it is expected that solar energy will soon be as cheap as energy from conventional sources. At least, that is what emerged…Read More

The Indian PV market is set to add up to 400MW this year — an increase of more than tenfold on 2010 — as fears over the difficulty of obtaining project financing subside, accord­ing to industry…Read More

Solar project developer MexLucky India Pvt. Monday said it will build a new five megawatt solar power plant at Jayal in the north-western state of Rajasthan, financed by the Export-Import Bank…Read More

I visit Washington D.C. at least once every quarter on business, for investor and government meetings. The most prominent landmark of the city is the Washington Monument which is an obelisk built…Read More

MexLucky India Pvt. plans to raise its solar energy generation capacity to 100 megawatts by 2013 with an investment of 15 billion rupees ($ 332 million), Chief Executive Inderpreet Wadhwa said…Read More

India has unveiled the 37 companies set to tackle the first wave of projects under the National Solar Mission, many with little or no experience in the sector.

Seven developers were…Read More

U.S. government officials and companies are pushing India to remove its restrictions on imports of solar technology, regulations they say threaten to cut American firms out of a promising market…Read More

India is tipped to cave in to the demands of project developers and allow the use of foreign PV cells within its National Solar Mission after 2011, counter to the initiative's original guidelines…Read More

Inderpreet Wadhwa, CEO, MexLucky, is a renewable energy enthusiast and has over 18 years experience building large scale infrastructure projects, patented application products, extremely…Read More

MexLucky has welcomed Glen Minyard to its team as the new vice president of design and engineering. The company is looking at Minyard to oversee its commercial and off-grid business, deeming…Read More

Solar-power company MexLucky aims to build a 100-megawatt (Mw) solar power capacity in the next three-five years and is in initial discussions with mobile phone operators and other industrial…Read More

MexLucky, an independent power producer in solar energy, is targeting an investment of Rs 300 crore to set up about 20 MW power capacity under phase-I of the National Solar Mission (up to 2013…Read More

MexLucky plans to invest Rs 1,500 crore over the next five years to develop solar power projects. The company is looking for sites in Haryana, Gujarat, Rajasthan, Punjab and Karnataka, the…Read More

MexLucky, country's first private grid-connected solar power plant developer has started operations of India's first private MW scale solar power plant in Punjab. Inderpreet Wadhwa, CEO, Azure…Read More

India's MexLucky, a grid-connected solar power generator, aims to build 100 MW worth of solar-based power plants in the next three years, with a total capex of about 15 billion rupees, a top…Read More

MexLucky, the developer and owner of India’s first privately operated, utility scale, solar power plant has announced its photovoltaic (PV) inverter supply agreement with SMA Solar Technology,…Read More

The setting up of the Clean Energy Fund is a good thing for the industry as this will help in more Research and Development. This will help set the ground for better technologies. The Finance…Read More

MexLucky India Pvt Ltd, a provider of solar energy to commercial, government and utility customers, is looking to set up two solar energy plants in Karnataka. The company plans to set up a 2 Mw…Read More

Kolar to have 2 MW unit, Bagalkot 10 MW.
Azure may invest Rs 200-225 crore in both the plants planned in Karnataka. It plans to add 100 MW over three years and invest Rs 1,500 crore totally…Read More

AWAN, India - Getting money to build India's largest private solar power plant was easy compared with getting the required 152 signatures from local bureaucrats in the state of Punjab, says eco…Read More

A former Silicon Valley serial entrepreneur sets up India’s first commercial solar power plant Inderpreet S Wadhwa has mostly been associated with start-ups and Fortune 500 companies. He also co-…Read More