Author: Chitrika Grover

Green Stocks Sep 11: Suzlon, Borosil Renewables Hold Up On A Rough Day

On a day when the market was down almost 0.5%, green stocks in our list suffered disproportionately, victims of their own success in the previous few months. The market has been nervous, and news lined to any move on the policy front or order front has been the usual trigger for these stocks. Today, there […]

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Tamil Nadu Seeks To Boost Wind Power With New Repowering Policy

Tamil Nadu, which already has around 10 GW of installed capacity of wind energy is now aiming to given an impetus to its wind sector. With an aim to spur the growth of wind energy in the southern state, the Tamil Nadu Green Energy Corporation Limited has now notified its Wind Repowering Policy. As per […]

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Q2: US Residential Solar Adds 1.1 GW, Lowest Growth in Three Years

United States (US) solar module manufacturing capacity now exceeds 31 gigawatts (GW). Solar manufacturing received nearly a four-fold increase since the Inflation Reduction Act (IRA) became law in 2022. According to the US Solar Market Insight Q3 2024 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, federal clean energy policies […]

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Trinasolar Gets €150 Mn Credit Facility To Support IPP Transition

Trinasolar (Luxembourg) Holdings S.A.R.L., a subsidiary of Trina Solar Co., Ltd., has secured a €150 million revolving credit facility from Banco Santander to accelerate the growth of its downstream division, Trinasolar International System Business Unit (ISBU). The company now plans to focus on the development of utility-scale solar power and battery storage projects with this […]

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Tata Power-DDL, Nissin Electric Launch Micro Substation Demonstration

Tata Power Delhi Distribution Limited (Tata Power-DDL) and Nissin Electric, based in Kyoto (Japan), will kick-start a demonstration project to supply electricity from India’s first Micro Substation with a Power Voltage Transformer (PVT) to ensure stable power for areas without a power grid. Tata Power-DDL, a power utility, and Nissin Electric, a Japan-based electric equipment […]

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Green Stocks Sep 10: Green pack outshines Nifty Yet Again

On a day when the benchmark Nifty index rose by 0.41%, most stocks in our green pack comfortably outshone the index. Leading the charge was the venerable Tata Power, which rose over 6.5% on the back of the commencement of cell manufacturing operations. Also rising sharply were the two key wind turbine sellers, Inox Wind […]

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NHPC 1.2 GW Solar Bid Garners A Tariff Of Rs 2.56/unit

NHPC Limited recently concluded the auctions for its 1.2 GW solar tender, announcing six winners for the project. These winners are Onward Solar, Rays Power Infra Limited, Essar Renewables, Mahindra Susten, and Avaada Group. The allocated capacities are as follows: Onward Solar was allocated 50 MW at Rs. 2.56 per unit, while Jevargi Solar (Rays […]

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Indian Solar Cell Market Expands As Tata Power Adds 2 GW Cell Making To Mix

With the successful commissioning of the first 2 GWs of Tata Power’s solar cell manufacturing unit at Tirunelveli in Tamil Nadu, the firm has joined the league of the top cell making firms as well.   Under Tata Power Solar, which is a cell and module manufacturing company and a subsidiary of Tata Power Renewable Energy […]

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NVVN Seeks Bids to Set Up 250 MW/500 MWh Standalone BESS

NTPC subsidiary, Vidyut Vyapar Nigam Limited (NVVN), recently released a tender for setting up 250 MW/500 MWh standalone battery energy storage systems with viability gap funding support. NTPC released this tender under a tariff-based global competitive bidding request. The last date for bid submission is 17th September 2024.  As per the NTPC Vidyut Vyapar Nigam […]

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