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BlackSoil’s NBFC arm forays into solar financing through Creditfair acquisition
BlackSoil has acquired Credit Fair's solar financing business for about ₹45 crore, marking its entry into rooftop solar lending as it expands its retail and climate-focused loan portfolio.
Founder of Brookfield-backed Avaada seeks $750 million loan
Avaada Group founder Vineet Mittal plans to borrow $750 million from global lenders. This new financing will refinance the company's existing $1 billion credit facility. Several international banks are in talks to underwrite this significant debt deal. Avaada Group is also considering an initial public offering for its solar cell unit.
India's solar sector a big opportunity, could become exporter to Europe: Renewables Norway CEO
India's burgeoning solar power sector is a significant driver for global climate action, according to Renewables Norway CEO Bard Vegar Solhjell. He highlighted India's potential to become a major exporter of solar components to Europe if it develops its manufacturing capabilities.
Market Trading Guide: Ather Energy among 4 stocks to buy on Wednesday
Nifty ended 80 points lower on monthly expiry, forming a bearish candle, but analysts maintained a positive outlook above the 21-DMA. They recommended ITC Hotels, Aptus Value Housing, Ather Energy and Solar Industries, citing bullish technical setups and breakout patterns.
Jupiter International Ltd invests Rs 550 cr in new TOPCon solar cell facility in Himachal's Baddi
Jupiter International Ltd has boosted its solar cell manufacturing capacity to 3.25 GW with a new 1.25 GW TOPCon unit in Himachal Pradesh, investing Rs 550 crore. This move signifies a shift towards advanced, high-efficiency solar technologies. The company's CEO highlighted this as a key step in their technology journey, paving the way for future expansions and supporting India's clean energy goals.
Sunsol mulls over 2 GW solar deployment through 5k projects in India by 2030
Global consultancy Sunkonnect's platform, Sunsol Cleantech, aims to deploy over two gigawatts of solar capacity in India by 2030. This initiative will support 5,000 projects, including rooftop and utility-scale installations, significantly contributing to India's ambitious 280 GW solar target. Sunsol's efforts are crucial for enhancing the nation's energy security, affordability, and sustainability, building on Sunkonnect's extensive experience in renewable energy.
RIL, BEL, Lenskart, Delhivery among Motilal Oswal's top monthly picks
Top monthly stock picks by Motilal Oswal Wealth Management Research Desk: Analysts are bullish on Reliance, Bharat Electronics, ACME Solar, Delhivery, Gokaldas Exports and Lenskart.
Banks boost renewable energy credit by 7% in April amid energy security concerns
Banks are boosting credit to renewable energy projects, with a 7% jump in April, as global conflicts highlight India's reliance on oil. This surge in funding for green energy underscores the nation's commitment to energy transition. Experts note a growing demand for climate finance, urging banks to develop specialized underwriting for sunrise sectors like solar and green hydrogen, which are poised for significant growth.
Reliance commissions solar manufacturing lines; expands fuel retail and EV charging network
Reliance Industries is accelerating its push into new energy and materials businesses, with solar PV and module manufacturing lines now commissioned at Jamnagar, Anant Ambani said at the company's annual general meeting (AGM) on Friday.
HVR Solar signs global MoUs to set up 1.2 GW TOPCon solar cell manufacturing facility in Uttar Pradesh
HVR Solar Ltd is establishing a 1.2 GW TOPCon solar cell manufacturing line in Uttar Pradesh through strategic MoUs signed at SNEC PV Power Expo 2026. Partnering with global technology providers, the facility aims to boost India's domestic renewable energy supply chain, reduce import reliance, and create over 500 local jobs.
Juniper Green Energy commissions 305 MWp of renewable capacity in Gujarat
Juniper Green Energy has expanded its presence in Gujarat by commissioning 305 MWp of renewable energy capacity for Gujarat Urja Vikas Nigam Ltd. The projects, located across Surendranagar, Aravalli, and Devbhumi Dwarka districts, include solar and wind power. This achievement highlights Juniper Green Energy's project execution skills and dedication to providing sustainable energy solutions for the state.
Reliance, Meta announce Jamnagar data centre; CleanMax to supply over 900 MW renewable energy capacity
Meta Platforms is investing heavily in India's digital future. The company is partnering with Reliance Industries to build a new data center in Gujarat. This facility will support Meta's global AI needs. Additionally, Meta is expanding its renewable energy partnership with CleanMax. This collaboration will add over 900 MW of solar and wind power capacity.