Similar Posts
ACME Solar launches QIP at floor price of Rs 294.13 per share
ACME Solar Holdings Limited has launched a qualified institutions placement (QIP) to raise funds from eligible institutional investors. The company’s Fund Raising Committee approved the opening of the QIP on June 1, 2026. It also set the floor price at Rs 294.13 per equity share of face value Rs 2 each, based on the relevant…
Glow raises USD 30 million to expand solar energy projects in India
Green energy startup Glow has secured USD 30 million (approximately Rs 2.5 billion) in funding from venture capital firms Framework and Union Square Ventures. The investment will support Glow’s efforts to promote renewable energy adoption globally, with a primary focus on India. Since its founding in 2023, Glow has launched three solar farms in Rajasthan,…
India | Leadership | NewsREC appoints Rajesh Kumar as Director (Finance) and CFO
REC Limited has appointed Shri Rajesh Kumar as Director (Finance) and Chief Financial Officer (CFO), effective April 2, 2026. The company’s Board of Directors approved the appointment at its meeting held on April 15, 2026. The move follows an intimation submitted by REC to the stock exchanges on April 2, 2026. Shri Rajesh Kumar’s elevation…
- News | Generation | India
PM Modi to lay foundation stone for Mahi-Banswara nuclear power plant on September 25
Prime Minister Narendra Modi will lay the foundation stone for the Mahi-Banswara Nuclear Power Plant in Rajasthan on September 25. He will also inaugurate and dedicate projects worth over Rs 1.21 lakh crore, including clean energy initiatives. The nuclear project marks NTPC Limited’s entry into the atomic energy sector. The Mahi-Banswara Rajasthan Atomic Power Plant…
Cummins India launches modular BESS for renewable integration
Cummins India Limited has launched its Battery Energy Storage Systems (BESS) as part of its push towards sustainable power solutions. The BESS units come in modular 10 ft and 20 ft containers with capacities ranging from 200 kilowatt-hours (kWh) to 2 megawatt-hours (MWh). They use lithium ferrophosphate battery technology and integrated liquid cooling to ensure…
Ørsted Q1 profit drops 46% despite strong offshore wind output
Danish renewable energy company Ørsted reported mixed financial results for the first quarter of 2026, with higher renewable power generation and stronger operating earnings offset by impairment charges and tax-related impacts. The company’s net profit declined sharply even as offshore wind output reached record levels. Profit for the period fell 46% year-on-year to DKr2.62bn from…
