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Shakti Pumps raises INR 292 crore to set up 2.2 GW solar cell and module factory

Shakti Pumps (India) Ltd has raised INR 292.60 crore through a qualified institutions placement (QIP). It will utilize the proceeds to establish a greenfield 2.2 GW solar cell and module manufacturing plant in Madhya Pradesh.

Gautam Solar secures California Energy Commission certification, extends US market presence

The California Energy Commission certification ensures Gautam Solar’s modules comply with stringent quality, safety, and performance standards required for solar installations in the State of California, the largest solar market of the United States.

Borosil Renewables’ German arm files for insolvency

Borosil Renewables announced that its German arm, GMB Glasmanufaktur Brandenburg GmbH, has filed for insolvency amid prolonged challenges in the European solar manufacturing sector.

Vikram Solar recognized as top performer in Kiwa PVEL’s PQP for the eighth time

Vikram Solar’s Hypersol M10 Series and Hypersol G12R Series PV modules have been recognized as Top Performer in Kiwa PVEL’s Module Reliability Scorecard 2025.

Dhruva Space to supply Space-grade solar panels for Pixxel’s hyperspectral imaging satellites

Dhruva Space will supply its made-in-India Solis+ space-grade solar panels for Pixxel’s next fleet of hyperspectral satellites. Built with high-efficiency (up to 30%) triple-junction GaAs solar cells, the panels are designed to operate reliably in the extreme conditions of Space.

H&H Aluminium inaugurates solar panel frame manufacturing facility in Rajkot

Gujarat-based H&H Aluminium Pvt Ltd has inaugurated a state-of-the-art aluminium solar panel frame manufacturing facility in Chibhda village, Rajkot, with a production capacity of 24,000 metric tons per annum.

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ReNew receives final non-binding offer from Masdar, CPP Investments, ADIA, and Sumant Sinha

ReNew Energy Global has received a final non-binding offer from a consortium of its promoters to acquire the company’s entire issued and to be issued share capital not already owned by the Consortium, for cash consideration of $8.00 per share. This offer is 13.2% higher than the initial proposal made on Dec. 10, 2024.

Tata Power Renewables installs 45,500 rooftop solar systems with 220 MW capacity in Q1 FY26

With Q1 FY26 additions, Tata Power Renewable Energy Ltd has crossed the milestone of over two lakh rooftop solar installations, bringing its cumulative installed capacity to 3.4 GW.

Narada Power secures 1.4 GWh energy storage order in India

Narada Power will supply its liquid-cooled energy storage system for a large solar PV project being developed by a leading private-sector power producer in India.

NVVN invites EPC bids for rooftop, ground-mounted solar projects

The company plans to enlist EPC providers for an aggregate capacity of up to 20 MWp per vendor under a single tender.

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