On a day when large caps largely struggled, small and mid-cap stocks maintained their positive momentum, green caps especially so. That is why KPI Green, which has already climbed almost 15% since the week started, rose yet again today after it delivered on expectations of a strong Q4, and with it, FY25. The optimism spread […]
VFlowTech, a leading provider of sustainable long-duration energy storage solutions, has announced a significant capital raise of $20.5 million to support its strategic expansion into India’s clean energy sector. the firm offers long-duration energy storage and AI-driven energy management. The funding will enable VFlowTech to scale its existing 100 MWh manufacturing plant in India to […]
KK Wind Solutions, a EUR 1 billion company owned by Danish Shipping group A.P. Moller Holding, has officially inaugurated a new factory and offices in Bengaluru, India. The expansion marks a major step in the company’s international growth strategy and its long-term commitment to supporting India’s renewable energy ambitions. The new factory will be the […]
Gujarat-based Renewables EPC firm KPI Green Energy has come out with its Q4 and FY25 results. The firm has much to be proud of with a strong growth in topline at Rs 1755 crores versus 1030 crores in FY24, a growth of over 70%. The bottom line continues to see margin improvement as well, with […]
Spanish EPC and Renewable energy developer Zelestra has achieved financial close for a portfolio of six solar projects in Spain. The projects, adding upto 237 MW form the Belinchón and Brazatortas clusters in Spain. A total of 21 power purchase agreements (PPAs) along with a debt package of €146.6m has been sanctioned for the construction […]
Continuing with the trend of improving margins at Solar module makers, Gujarat-based Solex Energy Limitedhas announced its audited financial results for the fiscal year ended March 31, 2025. The company delivered a robust performance, with consolidated revenues reaching ₹ 665.82 crore, a significant 81% year-on-year growth compared to ₹ 368.02 crore in FY 2023-24. Solex Energy […]
Even as the market corrected after yesterday’s exuberant rally, green energy stocks managed to hold on to a large part of the positive sentiment, with most recording further increases today. Perhaps non more so than KPI Green, which had been beaten down to 360 levels, but rose impressively today to cross the Rs 400 barrier, […]
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