Market News
Stay updated with the latest market trends, earnings, and economic indicators.
CleanMax raises nearly $575 million to expand solar and wind energy projects in India
The funding will help CleanMax build around 1 GW of renewable energy projects across Rajasthan and Karnataka to supply power to large companies.
CLEANMAX raises USD 575 million to support renewable projects
Clean Max Enviro Energy Solutions has successfully raised ~$575 million to expand its solar and wind projects in India.
Can Suzlon Energy shares rally up to 31% after Q4 results? Top brokerages weigh in
Brokerages remain largely bullish on Suzlon Energy after the renewable energy major reported strong revenue growth and improving execution momentum in Q4 FY26. Analysts believe rising wind energy demand, a healthy order pipeline, and growing focus on hybrid and FDRE projects could drive further upside in the stock.
Adani Green commissions 3.37 GWh battery storage system at Khavda, scales up key renewable energy hub
Adani Green Energy has commissioned a large battery storage system in Khavda, Gujarat. This facility is part of India's clean energy push. The system can power many homes or meet peak demand for cities. Adani Green Energy plans further expansion of its storage capacity in the coming years. The Khavda site is key to their renewable energy growth.
Premier Energies shares in focus as promoters sell stake worth Rs 2,289 crore. Check top buyers
Promoter family members of Premier Energies sold shares worth around Rs 2,289 crore through a block deal, while institutional investors, including Quant Mutual Fund and Nomura, picked up stakes. The development comes amid strong investor interest in renewable energy and domestic solar manufacturing, supported by robust earnings growth and aggressive capacity expansion plans.
Solar surge hits coal wall, 300 GWh of clean power wasted in Q1 of 2026
Coal-fired power plants in India are reportedly blocking the evacuation of solar power into the grid, leading to significant renewable energy curtailment.
Discoms told to commission rooftop solar units by May 31
Electricity distribution companies must finish rooftop solar project inspections by May 31. This ensures projects already installed remain exempt from a new domestic solar cell rule starting June 1. Delays in certification could make projects non-compliant. The Ministry of New and Renewable Energy issued this advisory to avoid issues for project owners. This move supports domestic solar module manufacturing.
Government rules out blanket ALMM List-II extension beyond June 1; case-by-case relief for solar projects
The Ministry of New and Renewable Energy will not extend the ALMM List-II deadline past June 1, 2026. Projects commissioned after this date must comply. Relief is available for projects with existing investments and completed installations. Developers can submit claims for extensions by June 30, 2026.
India's power transmission infra set for Rs 9 trillion upgrade as renewable push accelerates: Report
India is set for a massive power transmission investment of nearly Rs 9 trillion by 2032, according to a Kotak Neo report. This will support the country's clean energy goals by building essential grid infrastructure. Renewable energy capacity is growing rapidly, requiring extensive transmission lines and substations. High-Voltage Direct Current systems will be crucial.
Penny stock under ₹10 Shah Metacorp jumps after declaration of ₹49.8 crore rights issue
Shah Metacorp share price rose over 6% after announcing a rights issue to raise ₹49.80 crore for expansion. The issue opens on 11 June, offering shares at ₹4.86 each to enhance shareholder stakes. The company also plans to acquire a 26% interest in renewable energy.
Jupiter Electric Mobility signs MoUs for BESS projects
Jupiter Electric Mobility (JEM), a subsidiary of Jupiter Wagons (JWL), today announced the signing of formal MoUs with Chalukya Power and Pickrenew Energy, two of India's marquee renewable energy developers. The agreements add 110 MWh of Battery Energy Storage System (BESS) business, comprising a mix of Utility-scale and Commercial and Industrial (C&I) deployments, to JEM Energy's orderbook for FY 2026-27.
Jupiter Wagons jumps as arm signs BESS deals worth 110 MWh
Jupiter Wagons rose 4.01% to Rs 288.10 after its subsidiary, Jupiter Electric Mobility (JEM), signed strategic agreements with renewable energy firms Chalukya Power and Pickrenew Energy for Battery Energy Storage System (BESS) projects.