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Stardust Solar advances Zambia 30 MW solar project, nearing construction with $90M revenue potential.

Market News
05 May 2026
Newsfile Corp
View Source
Bullish
pluang ai news

Stardust Solar Energy has made significant progress on its 30 MW utility-scale solar project in Zambia, completing key development milestones including a 20-year Power Purchase Agreement, land acquisition, and technical studies. The project is now moving into the construction phase with vendor selection nearly finalized, expected to start within weeks. This project is a major part of Stardust's strategy to generate stable, long-term revenue through capital-efficient renewable energy assets, with an estimated $90 million in contracted revenue over 20 years. Investors can expect further updates as the project advances into construction and operation phases.

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Proposed $20M sale of The Dolphin Company risks 90% monopoly, violates Mexican Supreme Court ruling.

Proposed $20M sale of The Dolphin Company risks 90% monopoly, violates Mexican Supreme Court ruling.

The Dolphin Company's current management proposed selling its main assets in Mexico to Delphinus Blue Planet, a Grupo Xcaret subsidiary, for $20 million. This deal would give Delphinus control over more than 90% of dolphin habitats in Mexico, creatin...

Market News
Bearish
2 hours ago
Johnson & Johnson agrees to $5.5B settlement over talc products linked to cancer claims.

Johnson & Johnson agrees to $5.5B settlement over talc products linked to cancer claims.

Johnson & Johnson has reached a historic $5.5 billion settlement to resolve claims from about 70,000 women and families alleging its talc products, including Johnson's Baby Powder, contained asbestos and caused cancers such as ovarian cancer and meso...

Market News
Bearish
4 hours ago
Bitcoin drops 2.7% as South Korea's Kospi plunges 10%, U.S. Senate delays crypto regulation vote.

Bitcoin drops 2.7% as South Korea's Kospi plunges 10%, U.S. Senate delays crypto regulation vote.

Bitcoin fell about 2.7% to around $63,200 following the U.S. market close, dragged down by a sharp 10% drop in South Korea's Kospi index, which hit its lowest since April. The U.S. Senate postponed a vote on the CLARITY Act, delaying crypto regulator...

Market News
Bearish
4 hours ago
AI startup Cursor launches India-specific $7 monthly plan ahead of SpaceX acquisition

AI startup Cursor launches India-specific $7 monthly plan ahead of SpaceX acquisition

AI coding startup Cursor has introduced Cursor Start, a ₹649 ($7) monthly subscription tailored for India, priced below its $20 Pro plan. India is Cursor's third-largest market with rapid user growth, making it a strategic focus for expansion. The pl...

Market News
Bullish
4 hours ago
Catalyst Acquisition Corp. prices $200M IPO, listing on Nasdaq as CATLU July 28, 2026

Catalyst Acquisition Corp. prices $200M IPO, listing on Nasdaq as CATLU July 28, 2026

Catalyst Acquisition Corp. announced the pricing of its initial public offering (IPO) at $10 per unit, raising $200 million by offering 20 million units. The units, each including one Class A ordinary share and a partial share right, will begin tradi...

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Neutral
4 hours ago
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