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Vishakha Renewables

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Vishakha Renewables files IPO papers, targets Rs 1,250 crore for debt reduction and growth

Vishakha Renewables has filed its Draft Red Herring Prospectus, setting the stage for an initial public offering that aims to raise Rs 1,250 crore. The solar components maker plans to use Rs 900 crore of the proceeds to repay borrowings, while the balance will support broader corporate purposes, alongside an offer-for-sale of 1.81 crore shares.

By RDU Global Wire5 min read
Clean Energy & Climate Transition11h ago

U.S. Solar Boom Faces First Signs of a Slowdown as Demand Growth Shifts

Solar power in the United States may be entering a more complicated phase after years of rapid expansion, even as renewables continue to comfortably meet rising electricity demand. The latest outlook suggests U.S. power demand will grow by 2% in 2026, with clean energy still able to cover the increase, but the pace of solar's own growth is drawing fresh scrutiny.

4 min readRead →

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