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Havells India forays BESS segment in collaboration with Pixii AS
Havells India announced a strategic collaboration with Pixii AS, a Norway-based energy storage technology company, to develop and introduce advanced Battery Energy Storage Systems (BESS) for the Indian market.
Premier Energies doubles solar module capacity, enters battery storage business
Premier Energies has commissioned a 5.6 GW solar module manufacturing plant in Telangana, doubling its total module capacity to 11.1 GW, while also laying the foundation for a 6 GWh battery energy storage facility and an aluminium frames plant.
Lineage Power signs two strategic MoUs at 12th India Energy Storage Week 2026
For collaboration on strengthening supply of domestically manufactured BESS solutions
Power Grid wins transmission project under competitive bidding process
State-owned Power Grid Corporation has emerged as the successful bidder for an inter-state transmission project spanning Rajasthan and Uttar Pradesh. The project will be executed under the BOOT model.
AWL Agri Business to expand regenerative mustard farming after yields jump 30%
AWL Agri Business will expand its regenerative mustard farming programme after demonstration farms delivered yield improvements of up to 30%, reinforcing its focus on sustainable agriculture while supporting India's long-term edible oil self-reliance ambitions.
Bank credit growth to ease as corporates tap bond markets, overseas funding: CareEdge
Bank credit growth is expected to moderate gradually in the upcoming fiscal year. Large corporations will increasingly use domestic bond markets and overseas borrowings for funding. The Reserve Bank of India's policy measures make external funding more attractive for businesses. This shift will reduce reliance on traditional bank loans for corporate financing needs. Overall credit demand remains healthy, but banks will finance a smaller share.
US stock market today: Wall Street edges higher as chip stocks rebound; US-Iran tensions remain in focus
US stock futures showed modest gains, led by strong semiconductor buying despite ongoing Middle East tensions. The S&P 500 rose 0.2% while the Nasdaq 100 gained 0.61%. Investors are cautious amid fears over energy supply disruptions and await key economic data from the Federal Reserve.
Meta To Launch Custom AI Chip 'Iris' In September To Cut Nvidia, AMD Reliance
Meta is likely looking to cut down on its considerable computing costs and dependence on Nvidia and AMD.
Havells enters fast-growing battery energy storage business with Norway's Pixii
Havells has partnered Norway's Pixii to enter the battery energy storage business, with plans to develop, manufacture and sell energy storage systems for homes, businesses and industries in India.
Premier Energies commissions 5.6 GW solar module plant in Telangana
Premier Energies commissioned a significant 5.6 GW solar module facility in Telangana. The company also began construction for a 6 GWh battery storage system. This expansion increases Premier Energies' module manufacturing capacity to 11.1 GW. These new projects aim to strengthen India's clean-energy ecosystem and supply chain. The company is also investing heavily to become an integrated solar manufacturer.
Rajesh Power Services secures orders worth Rs 653.12 cr
From Paschim Gujarat Vij Company
Tamil Nadu government signs MoU with Vikram Solar to set up Rs 15,037 cr BESS plant in Tirunelveli
Tamil Nadu government and Vikram Solar signed an MoU for a new plant. This facility will manufacture Battery Energy Storage Systems in Tirunelveli district. The significant investment will create over two thousand job opportunities for local residents. Vikram Solar already operates solar module manufacturing units within the state. This expansion deepens the company's commitment to green energy initiatives.