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India's non-fossil fuel-based energy capacity rises 22% to 297.36 GW in June
India's non-fossil fuel energy capacity reached 297.36 GW in June. This represents a significant year-on-year increase of over twenty-two percent. Solar energy capacity grew substantially to 162.15 GW from 116.25 GW. Wind energy also saw an increase, contributing to the overall clean energy expansion. The nation continues its accelerated progress towards ambitious clean energy goals.
World Bank Group commits $890 million to promote solar rooftop project in India
The World Bank committed USD 890 million for India's solar rooftop initiative. This funding aims to bring clean energy to millions of homes nationwide. The program will also create significant job opportunities across the renewable energy sector. India seeks to achieve net zero emissions by 2070 and increase non-fossil fuels. This support will help scale residential solar and reduce household electricity costs.
Buy, Sell Or Hold: Bharti Airtel, Solar Industries, Balaji Amines, Bharat Dynamics, UNO Minda, GMDC — Ask Profit
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Stocks in news: TCS, Groww, Shriram Finance, Dixon Tech, Anand Rathi Wealth
Indian markets saw a rebound on Thursday, recovering from Wednesday's sharp sell-off. TCS reported a 5% year-on-year profit growth, and Groww affirmed its direct mutual fund strategy. Shriram Finance is raising funds to reduce borrowing costs after a rating upgrade. Maruti Suzuki plans to add service points, and Dixon Tech will expand smartphone manufacturing. Premier Energies commissioned a solar module facility, and Anand Rathi Wealth saw profit rise.
Premier Energies Secures Major Solar Orders | RCF Plans Equity Expansion Through FPO | Top Buzzing Stocks Today - Equitymaster
Premier Energies Secures Major Solar Orders | RCF Plans Equity Expansion Through FPO | Top Buzzing Stocks TodayEquitymaster
Premier Energies Secures Major Solar Orders | RCF Plans Equity Expansion Through FPO | Top Buzzing Stocks Today - Equitymaster
Premier Energies Secures Major Solar Orders | RCF Plans Equity Expansion Through FPO | Top Buzzing Stocks TodayEquitymaster
Govt extends BIS certification deadline for large solar inverters to December 31
The renewable energy ministry has extended the deadline for mandatory BIS certification. This extension applies to solar photovoltaic inverters with capacities exceeding two hundred kilowatts. The new deadline for self-certification is December thirty-first, which is later than the original date. Manufacturers can continue supplying these inverters based on self-certification and valid IEC certificates. This decision was made due to limited testing facilities for high-capacity solar inverters.
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.
Vikram Solar signs 130 MW solar cell supply deal to boost India manufacturing
Vikram Solar has signed an agreement with Evervolt Solar Technology India to procure 130 MW of domestically compliant solar cells between July 2026 and March 2027, strengthening supplies for its India manufacturing operations.
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.
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.
Solar Industries shares could fall 43% projects Kotak in bearish call; Stock slips
Despite its positive long-term outlook, the brokerage believes Solar Industries' current valuation adequately reflects these growth prospects.