Green Stocks Nov 12: Waaree, JSW, KPI Green Stand Out As Stocks Slump Updated On Tue, Nov 12th, 2024 by Saurenergy The rush of FII selling has left India’s equity markets searching for a temporary bottom. That has meant a severe beating down of prices for many stocks, and our green brigade has not been left unscathed. Today was a day for newly listed Waaree energies to claw back the losses it suffered yesterday, as investor […] Read more
How Carbon Market Boost At COP29 Can Bolster Indian RE Sector? Updated On Tue, Nov 12th, 2024 by Saurenergy After a long wait, global leaders have approved the standards for an international carbon market at the latest COP20 at Baku in Ajerbaijan. The United Nations Framework Convention on Climate Change (UNFCCC) announced this significant development in an official release. The new UN-backed global carbon credit market is set to pave the way for increased […] Read more
Gensol Confident Of Launching Its EV Model In Q1 Of FY26 Updated On Tue, Nov 12th, 2024 by Saurenergy Gensol Engineering seems to be confident of launching its proposed Electric Vehicle model likely by the first quarter (Q1) of FY26. The top management of the company told its investors in the latest investors call about the status of its EV production. The company said that the firm is undertaking the road testing of the […] Read more
India’s RE Investment Hits USD 12.4 Bn, Falls Short of 2030 Target: Report Updated On Tue, Nov 12th, 2024 by Saurenergy India’s renewable energy investment has grown to USD 12.4 billion in 2023, up from 2020. However, investment remains far below the estimated USD 200 billion required to achieve India’s goal of 500 GW of non-fossil fuel electricity capacity by 2030. According to the Zero Carbon Analytics report’s findings, to meet the 500 GW of non-fossil […] Read more
Feeder Solarisation: Sunkind Bags 10.4 MW Mahagenco Contract Updated On Tue, Nov 12th, 2024 by Saurenergy In a step to augment the solariation of agricultural feeders in Maharashtra, Sunkind, a renewable energy solutions provider has secured a ground-mounted solar project awarded by Maharashtra State Power Generation Company Limited (Mahagenco) under the Mukya Mantrai Krishi Vikas Yojana (MSKVY) 2.0 scheme. The 569 MW EPC (Engineering, Procurement, and Construction) is aimed to boost […] Read more
Waaree Appoints Amit Paithankar CEO Of Indosolar Updated On Tue, Nov 12th, 2024 by Saurenergy Waaree Energies has announced the appointment of Amit Paithankar as the Chief Executive Officer (CEO) of Indosolar Limited, a subsidiary of the company. The company also appointed Sonal Shrivastava as the Chief Financial Officer (CFO) of the company. The appointments were made with effect from November 11. Paithankar is currently working as the CEO of […] Read more
Solex Energy Reports 1,698% Surge In PAT In H1 Updated On Tue, Nov 12th, 2024 by Saurenergy Indian solar module manufacturer Solex Energy Limited has now reported a massive surge of 1698% in its net profits in H1 compared to its profits in H1 of FY24. The company has now announced the financial results for H1 and shared details of its incomes, profits and other details. For the first half of the […] Read more
Inox Wind Gets 87 MW Order From Continuum For Its 3MW WTGs Updated On Tue, Nov 12th, 2024 by Saurenergy Inox Wind Limited (IWL) today announced it has received a repeat order for 87 MW from Continuum Green Energy Private Ltd. (Continuum), a renewable energy company, having expertise in Commercial and industrial (C&I) projects. This repeat order is for Inox Wind’s 3 MW Wind Turbine Generators (WTGs). The project will be executed on an end-to-end […] Read more
MNRE Asks Module Makers To Share DCR Data Since Jan 2024 Updated On Tue, Nov 12th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a new order asking the Indian solar module and cell manufacturers to share the Domestic Content Requirement (DCR)- related data since January 1, 2024. The ministry asked the solar companies to share this data on the DCR verification portal of the National Institute of Solar […] Read more
