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