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ACME Solar share price jumps 3% as firm launches QIP at ₹294.13 floor price
ACME Solar Holdings share price increased over 3% on June 2 after announcing a Qualified Institutional Placement (QIP) with a floor price of ₹294.13. The company aims to raise capital from institutional investors as it expands its renewable energy portfolio.
Aditya Birla Group seen as front-runner in $1.7-billion-plus deal for Shell’s Sprng Energy: report
Aditya Birla Group has emerged as front runner to buy Shells Indian renewable platform Sprng Energy for over $1.7 billion, edging KKR, though talks remain ongoing and non-binding.
Avaada secures $950 million from global, domestic Banks
Avaada Group has achieved a major milestone. The company announced financial closure for its firm and dispatchable renewable energy project in Bikaner. This marks India's largest fundraise in the segment. Avaada also secured debt financing for two 300 MW solar power projects in Rajasthan and Gujarat.
Suzlon Group appoints Ashok Ramachandran as President, India Business
Suzlon Group has appointed Ashok Ramchandran as President, India Business on Monday. He brings over two decades of global leadership experience. Ramchandran will focus on strengthening Suzlon's market leadership. His expertise will aid the company's transition to a wind-first renewable energy firm. This appointment is crucial for Suzlon's growth strategy.
Adani Green Energy commissions 50 MW solar plant in Gujarat’s Khavda
Adani Green Energy has commissioned a 50 MW solar power project at Khavda in Gujarat, taking its total operational renewable energy capacity to 19,835.8 MW.
Avaada Group secures $950 million financing from consortium of global and domestic banks
Avaada Group has achieved financial closure for its Firm and Dispatchable Renewable Energy (FDRE) project in Bikaner, Rajasthan, calling it India’s largest financing transaction in the FDRE segment. The company has also secured debt financing for two 300 MW solar projects in Rajasthan and Gujarat, taking total debt sanctions across the three projects to nearly $950 million.
Adani Power, Adani Ports to Adani Total Gas: Adani group stocks tank up to 4%. Details here
Adani Group stocks fell up to 4% in Monday's trading session after the group came under scrutiny from US authorities over alleged bribery related to its renewable energy operations.
Dipan Mehta sees long-term opportunity in PG Electroplast, Kitex and power plays
Dipan Mehta, Director of Elixir Equities, says India’s air-conditioner outsourcing story remains a strong long-term opportunity, with companies like PG Electroplast and Amber benefiting from rising demand and scale advantages. He is also positive on power transmission players linked to renewable energy growth, sees export opportunities emerging from rupee depreciation, and expects textiles and select pharma names to deliver strong growth despite near-term market volatility.
Gita Renewable Energy reports standalone net profit of Rs 0.20 crore in the March 2026 quarter
Reported sales nil
Coal India OFS gets good demand amid green energy risks
Coal India's offer for sale opens for retail investors amidst a conflicting investment narrative. While the state-owned miner boasts strong financials and a consistent dividend track record, concerns over its long-term prospects due to the global shift towards renewable energy persist. Non-retail investors showed strong demand, subscribing 8.14 times on the first day.
Power stocks surge on strong order books, demand outlook and earnings
Shares of power companies surged as investors cheered strong order books, renewable energy demand and robust earnings visibility across the sector
This multibagger renewable energy stock jumps 50% from March lows, hits five-month high. Do you own it?
Suzlon Energy has seen a remarkable stock recovery, climbing 50% amid improved investor sentiment and rising renewable energy demand. The company reported strong quarterly earnings, and brokerages express confidence in its growth, maintaining 'Buy' ratings with target prices from ₹60 to ₹71.