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Premier Energies bulk deal: Promoters sell stake worth Rs 2,289 crore; Quant, Nomura among top buyers
Premier Energies' promoters divested shares worth nearly Rs 2,289 crore to institutional investors, including Smallcap World Fund and Quant Mutual Fund. This move coincides with heightened interest in India's solar manufacturing sector, driven by policy support and robust earnings. The company is aggressively expanding its module and cell capacities, with analysts maintaining a positive outlook.
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 solar export boom collapses as US tariffs bite
All but one of India’s top listed solar module companies reported nil exports during the quarter ended 31 March. Market leader Waaree Energies Ltd, which had so far managed to protect its exports to the US, also reported fewer outbound shipments during the fourth quarter of FY26.
Delayed solar projects may get limited relief ahead of June 1 sourcing deadline
The government is currently considering measures to ease the burden on solar initiatives delayed by unforeseen circumstances. While a total lift on the local sourcing regulations for solar cells is not anticipated, talks are active regarding potential extensions for projects grappling with transmission network setbacks. Should an exemption be approved, it is expected to be short-term.
Solar Stock in Focus After Announcing ₹350 Cr Expansion to Build 1.2 GW TOPCon Facility in MP By Trade Brains - Investing.com India
Solar Stock in Focus After Announcing ₹350 Cr Expansion to Build 1.2 GW TOPCon Facility in MP By Trade BrainsInvesting.com India
Fujiyama Power Systems to set up 1.2 GW TopCon solar cell manufacturing unit at Ratlam plant
At an estimated capex of Rs 350 cr
More RWAs may find their place in the Sun as govt looks to scale rooftop solar installations
As part of a nationwide strategy to enhance rooftop solar energy deployment, resident welfare associations are emerging as crucial allies for the government. The PM Surya Ghar Muft Bijli Yojana is specifically designed to cater to apartment complexes and cooperative housing societies, unlocking renewable energy avenues in urban locales where individual roof spaces are limited.
India’s peak power demand hits 271 GW, breaks record for fourth straight day
India's peak power demand neared 271 GW on Thursday, a significant increase driven by intense heat. This marks the fourth consecutive day of record demand. Thermal power met over 62% of the need, with coal supplies monitored. The ministry is assessing trends for future projections. Peak demand in solar hours has been met without issues this week.
Solar Stock in Focus After Reporting 111% YoY Growth in Revenue and 5.89 GW Order Book By Trade Brains - Investing.com India
Solar Stock in Focus After Reporting 111% YoY Growth in Revenue and 5.89 GW Order Book By Trade BrainsInvesting.com India
Happy Forgings board approves to enhance capacity of solar project
At meeting held on 21 May 2026
Headline: HVR Solar to commission 1.2 GW module manufacturing plant in Sonipat this June 2026
HVR Solar is set to launch a 1.2 GW solar module manufacturing facility near Murthal, Sonipat, in June 2026, bolstering India's renewable energy sector. The advanced plant will produce high-efficiency modules, including HJT and TOPCon, creating over 500 jobs and reinforcing the 'Make in India' initiative.
Solar Industries enters top-50 most-valued list; stock up 55% from Mar low
The robust sales pipeline, coupled with strong execution capabilities, positions Solar Industries well to sustain growth momentum, believes the management.