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BASF and AM Green partner to explore low-carbon chemical production in India
BASF and AM Green B.V. have signed a memorandum of understanding (MoU) to explore business opportunities for developing low-carbon chemicals produced exclusively with renewable energy. As part of the agreement, both companies plan to conduct feasibility studies in India, assessing potential technologies for low-carbon chemical production. The collaboration also includes a non-binding letter of intent…
Solarworld Energy Solutions opens Rs 4.9 billion IPO
Solarworld Energy Solutions Limited launched its initial public offering (IPO) of equity shares on September 23, 2025. The issue totals up to Rs 4.9 billion, including a fresh issue of Rs 4.4 billion and an offer for sale of Rs 0.5 billion by existing shareholders. The IPO subscription opened on September 23, 2025, and will…
Insolation Energy secures LoI for 38.43 MW solar projects in Rajasthan
Insolation Energy Limited has received a Letter of Intent (LoI) from Ajmer Vidyut Vitran Nagar Limited (AVVNL) and Jaipur Vidyut Vitran Nigam Limited (JVVNL) to set up cumulative 38.43 MW grid-connected solar power plant across Rajasthan. The projects will be developed under Component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM)…
China announces plan for space-based solar power generation
China has unveiled plans to develop space-based solar stations, aiming to collect energy unaffected by weather or night cycles. The project involves installing a 1 km-wide solar array in geostationary orbit, 36,000 km above Earth. Senior scientist Long Lehao compared the initiative to the Three Gorges Dam in orbit, highlighting its potential to generate yearly…
Laser Power & Infra secures Rs 836 crore order under RDSS
Laser Power and Infra Ltd has announced three new project mandates worth Rs 836 crore under the Revamped Distribution Sector Scheme (RDSS). The orders were placed by NTPC and two state discoms and will support system strengthening and loss reduction efforts in Uttar Pradesh, Jammu and Kashmir, and Rajasthan. The largest mandate comes from Kanpur…
NCL Industries approves 130 MW solar-wind project in Tamil Nadu
NCL Industries Limited has approved a 130 MW renewable energy project combining solar and wind generation in Tuticorin, Tamil Nadu. The decision was taken at the company’s board meeting held on April 13, 2026. The project will be implemented in phases. Phase 1, comprising 50 MW, has been approved with an investment of Rs 392…
