Author: Chitrika Grover

April 26 -Investors Book Profits In Some Green Energy Stocks, Rest Steady

On a mixed day for our green energy pack, the law of averages, or performance, finally caught up with KPI Green Energy, which, despite a strong set of results in Q4, was locked at the lower circuit. It was the same story for Waaree Renewable Technoligies, where perhaps, fear of running too far ahead of […]

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REC Avails 60.5 Billion Yen Green Loan Backed By Italy’s SACE

REC Limited, recently availed 60.536 billion a green loan in Japanese Yen (JPY) to finance eligible green projects in India. The green loan facility benefits from an 80% guarantee by the Italian Export Credit Agency, SACE (Italy) under their innovative “Push Strategy program”. This arrangement between an Indian government entity REC and SACE an Italian […]

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IEA Forecasts 40% Drop In Battery Storage Costs By 2030

International Energy Agency’s (IEA) recent report on the use of batteries in electric vehicles (EVs) and battery storage installations has shown that developer costs of batteries will decline by 40% by 2030. The report was prepared after studying the use of solar PV plus batteries and found the total upfront costs of utility-scale battery storage […]

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Honda Plans To Establish Electric Vehicle Value Chain In Ontario, Canada

Honda has announced its plans to establish an electric vehicle value chain in Ontario, Canada. The company announced its plans to build an EV value chain in Canada with an approximate investment of CAD$15 billion (USD$11 billion). It included an investment with joint venture partners, to strengthen its EV supply system and capability to prepare […]

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BREDA Invites Bids For 200 MW Rooftop Solar Project Across Govt. Buildings In Bihar

Bihar Renewable Energy Development Agency, (BREDA) has released a tender for grid – connected rooftop solar power plants of various capacity. This project was released under CAPEX model for an estimated capacity of 200 MW at various government buildings in the state of Bihar. BREDA’s  tender invited bids through national competitive bidding process (NCB). It […]

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Borosil Renewables Plunges While Most Green Stocks Record Marginal Increase

After recording a downfall, most of the shares were in green today except Borosil which was down 1.13 percent. Waaree and KPI Green continued to record a 5 percent increase. Interestingly, most of the green stocks registered a minute growth. Sterling and Wilson Renewable on the other hand registered a marginal increase after recording 5 […]

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Hyundai, Kia Plan To Launch India-Made EVs Till 2025

Hyundai Motor Group Executive Chair Euisun Chung in his recent visits to India shared mid-to long-term mobility strategic commitments to deliver a major manufacturing advance in India. With the establishment of an annual production system of 1.5 million vehicle units for Hyundai Motor India and Kia India combined. Kia India will also start production of […]

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TDB Backs Dhruva Space Solar Array Project For Space Exploration

The Technology Development Board (TDB) has sanctioned financial assistance for this space startup, demonstrating its confidence in the project’s potential to drive technological advancements in the space industry after it received financial support for the project “Space Grade Solar Array Fabrication and Test Facility” by Dhruva Space Private Limited, Hyderabad. The Technology Development Board (TDB) […]

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US Solar Manufacturers File Case Against China’s Alleged Illegal Trade Practices In SE Asia

American Alliance for Solar Manufacturing Trade Committee of US solar manufacturers represented by DC law firm Wiley Rein LLP, filed a set of antidumping and countervailing duty petitions with the US International Trade Commission (USITC) and the US Department of commerce. The companies subject to this investigation would be primarily Chinese-headquartered companies. The move comes […]

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