Independent power producer JSW Energy has commissioned 114 MW of renewable energy capacity in September 2025, comprising 21 MW of solar and 93 MW of wind capacity. The commissioning increased the company’s total installed capacity to 13,211 MW.

Its cumulative renewable energy capacity additions during the second quarter (Q2) of the financial year (FY) 2026 stand at 443 MW. These additions include 20 MW of floating solar capacity at Vijayanagar, Karnataka.

JSW’s share of renewables in its total capacity stands at 57%. This includes 3,709 MW of wind, 2,213 MW of solar, and 1,631 MW of hydropower capacity.

The company’s total locked-in generation capacity is 30.5 GW. This includes 13.2 GW of operational, 12.5 GW of under-construction across thermal and renewable power, 150 MW of hydropower under acquisition, and 4.6 GW capacity in its pipeline.

JSW also has a locked-in storage capacity of 29.4 GWh, comprising 26.4 MW of hydro pumped storage projects and 3 GWh of battery energy storage systems (BESS). It plans to achieve 30 GW of generating capacity and 40 GWh of energy storage by FY 2030.

JSW Energy reported a revenue of ₹54.11 billion (~$620.58 million) in Q1FY 2026, an increase of 78% year-over-year from ₹30.43 billion (~$349.01 million). The rise in revenue was due to a combination of strategic acquisitions, capacity expansions, and higher generation across the thermal and renewable segments.

In March this year, JSW Neo Energy, a wholly owned subsidiary of JSW Energy, acquired a 100% stake in Virya Infrapower for ₹75.4 million (~$866,000) in an all-cash transaction. The acquisition was completed on March 12, 2025, the same day the share purchase agreement was signed.

In February, JSW Energy won the Solar Energy Corporation of India’s auction to set up a 125 MW/500 MWh standalone BESS in Kerala. JSW quoted a tariff of ₹441,000 (~$5,057)/MW/month. The company would be eligible for viability gap funding of ₹2.7 million (~$30,963)/MWh or 30% of the project’s capital cost, whichever is lower.