July 18: Nifty, Green Stocks Diverge Completely Updated On Thu, Jul 18th, 2024 by Saurenergy On a day when the Nifty Index diverged significantly from the small-cap and midcap indexes, our basket of green stocks, most of which are in the latter two, suffered. Other than EPC player KPI Green Energy, which has just gone for a stock split, and was locked at the upper circuit, every green stock in […] Read more
Indian Wind Sector Prone To Cybersecurity Risks: NITI Aayog Report Updated On Thu, Jul 18th, 2024 by Saurenergy A recent report by NITI Aayog identified emerging concerns in cybersecurity for the Indian wind sector due to the import of components for the wind sector, particularly from China, by the Wind Turbine Original Equipment Manufacturers (OEMs). The report proposes a multi-pronged approach integrating policy interventions, manufacturing support, and robust cybersecurity measures. Given the increasing […] Read more
Impose Carbon Tax In India To Handle CBAM Issue: CSE Updated On Thu, Jul 18th, 2024 by Saurenergy A new report from New Delhi-based think tank Center for Science and Environment (CSE) said that the developing countries might consider imposing carbon tax and other measures on their own to tackle the issue of the European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM). This comes at a time when the EU has planned to […] Read more
Indian EV Sector Needs Rs 1,151cr To Flourish, Says Report Updated On Wed, Jul 17th, 2024 by Saurenergy Principal Scientific Adviser to the Government of India, Ajay Kumar Sood, released a report for building a comprehensive roadmap that outlines research projects in four crucial areas. These areas are energy storage cells, electric vehicles (EV) aggregates, materials and recycling, and charging and refueling. It provided pathways for India to achieve leadership and self-reliance in […] Read more
Roadcast, AMU Partner To Build GPS-Enabled EV Leasing Updated On Wed, Jul 17th, 2024 by Saurenergy Roadcast, recently entered into a partnership with Accelerated Money for U (AMU) to implement Roadcast’s GPS technology in e-rickshaws. They collaborated to make EV leasing more accessible and risk-free. This partnership between Roadcast a SaaS-based logistics automation platform in India, and Accelerated Money for U (AMU), a non-banking financial company (NBFC), aims to finance electric […] Read more
Hartek Secures 765kV Projects From PGCIL In Indore, Kurnool Updated On Wed, Jul 17th, 2024 by Saurenergy Hartek Group has secured multiple 765kV projects from the Power Grid Corporation of India Ltd. (PGCIL). The key orders include supplying and commissioning high-voltage transmission projects at Indore and Kurnool. These projects can help to enhance power system reliability and boost transmission capacity to power-deficit regions. With large power generation projects expected until 2030, these […] Read more
Green Stocks July 16: KPI Green’s Stock Price Sees Highest Surge Updated On Tue, Jul 16th, 2024 by Saurenergy Indian renewable energy company KPI Green today witnessed the highest rise in its stock price among all other listed green companies. The company saw its stock prices increasing by 4.74 percent. Other companies whose stock prices increased today included-Shakti Pumps, Suzlon, Adani Green and Gensol Engineering. Company name Closing Price On July 15 Closing Price […] Read more
ValueQuest Backs Jupiter With Rs 300 Cr To Expand PV Cell Manufacturing Updated On Tue, Jul 16th, 2024 by Saurenergy Jupiter International Ltd., a photovoltaic solar cell producer and solar power solutions provider, has received Rs. 300 crore from ValueQuest S.C.A.L.E. PE fund. This investment aims to expand the company’s solar cell manufacturing capabilities to support India’s growing demand for solar energy. Jupiter International founded in 2009 by Alok Garodia, has its manufacturing facility in […] Read more
Global Floating Wind Industry Reached 270 GW In FY24: IRENA Updated On Tue, Jul 16th, 2024 by Saurenergy While still in its infancy, the global floating wind industry reached approximately 270 MW of operational capacity as of 2023. However, the international pipeline indicates a growing interest with 244 GW of new floating wind projects in development. The latest International Renewable Energy Agency (IRENA) report on offshore wind power highlights its high-capacity factors and […] Read more
