Green Stocks August 5: Market Crash Singes Green Energy Stocks Too Updated On Mon, Aug 5th, 2024 by Saurenergy On a day when global markets were roiled by multiple issues ranging from the escalation of Middle East hostilities to the US-Japan carry trade, India’s markets too bent to the global winds. As the nifty dropped over 2.5%, green energy stocks, the market’s favorites during the sharp rise seen this year, suffered, with developers, EPC’s, […] Read more
Saatvik Solar Appoints Abani Kant Jha As CFO Updated On Mon, Aug 5th, 2024 by Saurenergy Saatvik Solar, a leading solar PV module manufacturer in India, has appointed Abani Kant Jha as its new Chief Financial Officer (CFO). With over 25 years of extensive experience across diverse industries, Jha brings his expertise to bolster Saatvik Solar’s financial leadership and drive its ambitious growth plans. An engineer by training, Jha’s versatile career […] Read more
BluPine Energy On Track To Achieve Its RE Targets: Rahul Mishra Updated On Mon, Aug 5th, 2024 by Saurenergy BluPine Energy started operations in India in 2021. Since then what were the major milestones for the firm? BluPine started its Commercial and Industrial (C&I) segment in 2022. Since then, we have secured around 400 MW of C&I projects in states like Karnataka, Maharashtra, and Chattisgarh. The company has planned to add a cumulative renewable […] Read more
IEX Energy Exchange July Update- Traded Volumes Up 56% YoY Updated On Mon, Aug 5th, 2024 by Saurenergy Indian Energy Exchange (IEX) achieved the highest ever total volume (including certificates) of 13,250 MU in July 2024, marking a ~56% year-over-year increase. The electricity volume at 10,093 MU, increased 29% YoY for IEX in July. Green electricity volume during the month at 1 BU, grew 259% YoY. The renewable energy certificates (REC) at 3,150 […] Read more
Amara Raja Reports Solid Q1 Results, Commissions 90 MW Solar For NTPC Updated On Mon, Aug 5th, 2024 by Saurenergy Hyderabad based Amara Raja Energy & Mobility Limited (ARE&M), (formerly known as Amara Raja Batteries Limited), has reported profit before tax of ₹ 328.66 Cr for Q1 of FY25 registering a growth rate of 23% over Q1 of FY24. Standalone financial performance highlights: (₹ in crores) Particulars Quarter Ended Jun 30, 2024 Jun 30, 2023 Revenue […] Read more
Top Weekly Stories on Renewable Energy From 29 July to 04 August 2024 Updated On Mon, Aug 5th, 2024 by Saurenergy Read more
FAME-II Aided Deployment Of 16.7L EVs In India: Govt Updated On Fri, Aug 2nd, 2024 by Saurenergy The Minister of State for Heavy Industries and Steel Bhupathi Raju Srinivasa Varma in a written reply before the Rajya Sabha today said that the FAME-II scheme aided in the deployment of 16 lakh Electric Vehicle (EVs) in India. The scheme earlier had helped the EV sector to expand with a hand-holding support to the […] Read more
Adani To Commission 1GW Of New Wind Capacities In FY25 Updated On Fri, Aug 2nd, 2024 by Saurenergy Read more
Green Stocks August 2: Shakti Pumps, Suzlon And KPI Green Stand Out On A Tough Day For Stock Markets Updated On Fri, Aug 2nd, 2024 by Saurenergy As the market slipped over 1%, a number of green energy stocks survived the day with gains. If that doesn’t give you an indication of the outlook for this sector, then consider how Suzlon and Shakti Pumps both rose to hit almost the upper circuit of 5%. While Suzlon gained after a positive outlook for […] Read more
