Reliance Power to raise INR 9,000 crore via QIP, FPO and NCDs
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).
Mufin Green Finance raises $6.5 million from Developing World Markets to accelerate EV and clean energy financing in India
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.
Rotomag invests in Su-vastika
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.
US launches national security probe into polysilicon imports
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.
Meeting evening peaks with clean power requires a three-pronged strategy: IEEFA
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 invests INR 12 crore in solar manufacturing arm
Shakti Pumps (India) Ltd has invested INR 12 crore in its wholly owned subsidiary, Shakti Energy Solutions Ltd, in exchange for equity shares.
Adani Green Energy allots 1.09 crore equity shares to Ardour upon warrant conversion
The promoter group’s shareholding in Adani Green Energy Ltd (AGEL) has now increased from 61.91% to 62.17%.
“Energy storage will account for half our business within three years”: Geon vice president
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.
What standards for agrivoltaics?
The technology which combines solar PV panels and agriculture is gaining ground. IEC Standards for solar photovoltaic (PV) systems already exist, but more might be required, dealing with some of the more specific issues relating to agriculture.
How is India’s power infrastructure evolving amid global supply chain shifts?
With renewable capacity expanding, grid upgrades underway, and policies fostering local supply chains, India is navigating a complex but promising energy transition.
