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Global Power Solutions signs non-binding LOI with SolarZone Energy for potential deployment of modular power systems

Vancouver, BC, Canada, Aug. 10, 2026 (GLOBE NEWSWIRE) — Global Power Solutions Corp. (TSX Venture Exchange: PWER; Frankfurt Stock Exchanges: NJA) (“Global Power” or the “Company”) is pleased to announce that it has entered into a non-binding letter of intent (the “LOI”) with Solar Zone LLC, operating as SolarZone Energy (“SolarZone”), to evaluate the potential […]

Signature Global has awarded construction contracts to KEC International Ltd and NCC for a premium housing project in Gurugram. The project, 'Sarvam at DXP Estate', will comprise 11 residential towers with 1,798 units and a development area of 5 million sq. ft. IndusInd Bank received RBI approval to establish a wholly-owned subsidiary for stockbroking services.

Shares of IndusInd Bank rose 1.9% on the BSE. Novartis India terminated a partnership with Dr Reddy’s Laboratories, allowing Novartis to regain exclusivity over certain products. Emcure Pharma received a Voluntary Action Indicated (VAI) status from the USFDA for its Sanand, Ahmedabad facility. AstraZeneca Pharma India received approval to import Enhertu for an additional indication in treating HER2-positive breast cancer.

Gland Pharma signed a strategic agreement with a global pharmaceutical company for technology transfer, manufacturing, and supply of sterile injectable products. RITES Ltd signed a memorandum of understanding with HPCL to provide consultancy services for railway siding infrastructure. Neetu Yoshi Limited commenced production at its new Haridwar facility, doubling manufacturing capabilities.

Fujiyama Power Systems commissioned a 2 GW power-electronics manufacturing facility in Ratlam. NTPC Green Energy Ltd secured 200 MW/800 MWh of BESS capacity in West Bengal. Juniper Green Energy won a 230 MW solar energy tender. NBCC (India) Limited sold commercial space in Bharat Business Park, Delhi. Gamco Ltd increased its stake in Blissara Resorts Private Ltd to 33.33%.

Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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