Solar Industries India and its subsidiary have secured export orders worth Rs 20.39 billion for the supply of defence products to international clients.
The deliveries will span four years.
In November, the company received another export order valued at Rs 3.99 billion from an overseas customer, to be fulfilled within three years.
Iberdrola has completed a €5 billion (USD 5.8 billion) capital raise to support its electricity grid investments in the United States and the United Kingdom. The company issued 331 million new shares through an accelerated bookbuilding process, with the offering 3.8 times oversubscribed. Shares were priced at €15.15 each. This marks Spain’s largest accelerated bookbuild…
Avina Clean Hydrogen (Avina) has completed the Front-End Engineering Design (FEED) and Front-End-Loading (FEL-3) for its 2,200 metric tons per day (MTPD) clean ammonia facility on the Texas Gulf Coast. The final investment decision (FID) for the facility is targeted for 2025. The facility is expected to produce up to 600,000 metric tonnes per annum…
India’s solar power capacity has reached 125 GW, making it the third-largest solar energy producer globally, Union Minister for New and Renewable Energy Pralhad Joshi said speaking at the curtain raiser of the 8th International Solar Alliance (ISA). Joshi said India’s achievement demonstrates how strong national goals can drive tangible local change. He added that…
Purvah Green Power Private Limited, a subsidiary of CESC Limited, has received a Letter of Award (LoA) from CESC for developing 300 MW Inter-State Transmission System (ISTS)-connected wind-solar hybrid power projects in India. The projects were part of a bidding process initiated by CESC in November 2024, offering a greenshoe option for an additional 150…
NLC India Limited (NLCIL) announced multiple initiatives across nuclear power, renewable energy, battery energy storage systems (BESS), green hydrogen, and carbon capture during its Q4 FY26 Institutional Investors Meet held on May 27, 2026. The company also provided updates on ongoing thermal power and research projects as part of its long-term diversification and clean energy…
Martial Solren, a wholly-owned subsidiary of Mahindra Susten, has achieved financial closure for its 400 MW/560 MWp solar power projects in Gujarat and Rajasthan. The company secured a Rs14.48 billion loan from HDFC Bank and Axis Bank for the projects. In April and June 2023, Mahindra Susten won 100 MW each under the base capacity…