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Noida-based RCRS Innovations files draft papers for SME IPO – EQ

In Short : Noida-based RCRS Innovations Ltd has filed draft papers for an SME IPO on NSE Emerge, offering 48.24 lakh equity shares. The funds raised will support working capital, machinery upgrades, and general corporate needs. Founded in 2019, RCRS specializes in lithium-ion battery packs and solar PV modules. The company reported ₹115.85 crore in […]

India’s Clean Energy Momentum Strengthens Through States, C&I Demand, and Rooftop Solar Expansion – EQ

Solar Manufacturer 5B Raises AU$12 Million For Global Expansion

Australian ‘plug and play’ solar manufacturer 5B has secured AU$12 million (US$9.27 million) to expand into new renewables markets. Malcom Turnbull, the former Prime Minister of Australia, and Smart Energy Council director Simon Holmes à Court have invested in the company through a pre-Series B funding round, which was led by existing backers Fortune 500 […]

Hydrogen subsidies | Australian solar-to-methanol project secures €24m grant — with half coming from Germany -EQ