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.
Tata Power Renewable Energy Ltd commissioned 752 MW of solar projects in the first quarter of FY 2026 — its highest-ever quarterly addition.
International Finance Corp. (IFC) has committed INR 4.6 billion (around $55 million) in long-term financing to IndiGrid to support the deployment of a 180 MW/360 MWh standalone battery energy storage system project in Gujarat.
Waaree Renewable Technologies has received a Letter of Award (LOA) for the execution of a 21 MW AC (29.4 MW DC) ground-mounted solar power project under the Mukhyamantri Saur Krushi Vahini Yojana 2.0.
JSW Renew Energy Thirty Seven has signed battery energy storage purchase agreements (BESPA) with Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL) for 250 MW/500 MWh of standalone battery energy storage system in Rajasthan.
Honeywell has acquired the Li-ion Tamer business from Nexceris, a leader in off-gas detection technology for lithium-ion batteries. Li-ion Tamer’s early warning technology detects battery off-gassing, which typically precedes thermal runaway, providing facilities with vital time to intervene before a battery fire starts.
Hindustan Zinc Ltd’s silver segment has emerged as a key earnings pillar with global silver supply under pressure and rising industrial demand—particularly from photovoltaic (PV) cell manufacturing.
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