Oriana Power has entered a Memorandum of Understanding with Invest Alberta Corp. (IAC), to explore and develop renewable energy projects in Canada’s Alberta province.
The budget bill and a Trump executive order are expected to have a damaging effect to the solar industry, but strong fundamentals like increased demand and lowered component costs are expected to drive installations forward.
Reliance Power has approved plans to raise up to INR 6,000 crore via a Qualified Institutions Placement (QIP), follow-on public offer (FPO), or a combination of both. The company also plans to raise up to INR 3,000 crore through the issuance of non-convertible debentures (NCDs).
The funds will mainly be used for EV loans and leases, while also financing EV batteries, charging infrastructure, and solar panel installations for residential and commercial & industrial (C&I) projects.
The strategic collaboration with Rotomag will equip Su-vastika with deep industrial expertise and robust manufacturing capabilities as it aims to scale clean, intelligent, and scalable energy solutions across India and global markets.
The US Department of Commerce (DoC) says it will investigate the potential for export restrictions by foreign countries, as well as their ability to “weaponize” their control over supplies of polysilicon.
The persistent evening peaks, which now nearly match daytime highs, reinforce the urgency of deploying storage solutions, demand-side measures and hybrid renewable projects to meet post-sunset demand.
Shakti Pumps (India) Ltd has invested INR 12 crore in its wholly owned subsidiary, Shakti Energy Solutions Ltd, in exchange for equity shares.
The promoter group’s shareholding in Adani Green Energy Ltd (AGEL) has now increased from 61.91% to 62.17%.
Khushi Kabra, Vice President–Strategy at Geon (formerly Battrixx), speaks to pv magazine on pivoting from electric vehicle (EV) batteries to building a strong foothold in the energy storage space.
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