India

Solarium Appoints Himanshu Garg As Its New Chief Financial Officer

Gujarat-based solar energy solutions provider, Solarium specializing in residential and industrial solar system installations has appointed CA Himanshu Garg as its new Chief Financial Officer (CFO). In his previous role as Vice President at DeHaat, a leading Agritech platform, Himanshu successfully led Corporate Development, overseeing key areas including Investor Relations, M&A, Business Finance, and FP&A. […]

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Green Stocks March 4: Some Respite For Green Stocks

The stock market today saw a marginal growth today after a long halt, with companies like Borosil Renewables gaining 5%. Other companies on the green stocks list saw a price increase. These included Sterling and Wilson Renewable and Acme Solar. On the other hand, Gensol Engineering’s stock dropped another 20% today. Moreover, the green stock […]

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Enfinity Eyes Expansion in Gujarat, Andhra, TN & Beyond

In this interview with Saur Energy, Sandip Agarwal, Chief Executive Officer (CEO) India, of Enfinity Global—a US-based company—shared the company’s plans to steadily expand its presence in India. In the interview Enfinity Global revealed that it is actively exploring new opportunities in Gujarat, Andhra Pradesh, Tamil Nadu, Chhattisgarh, Odisha, and Haryana. The company also shared […]

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10 Indian Companies Plan To Set Up Gigafactories In India

The Volta Foundation in its latest  2024 report, based on its Gigafactory track, has identified 10 Indian companies planning major expansions in India’s battery sector. Some of the key players include Reliance in Gujarat (50 GWh), Amara Raja in Telangana (16 GWh), Exide in Karnataka (12 GWh), Godi in Hyderabad (12 GWh), OLA in Tamil […]

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Hindustan Power, Tata & Adani Commit Investments In Assam’s Power Sector

Marking a major step in Assam’s renewable energy sector, companies like Adani Group, Tata Power, and Oriana Power have announced investments in the state for the coming year. For instance, Ratul Puri’s Hindustan Power has signed a Memorandum of Understanding (MoU) with the Assam government to invest ₹620 crore in battery energy storage projects. The […]

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CERC Adopts Tariff For SECI’s 1.2 GW Hybrid Power Projects (Tranche VI)

The Central Electricity Regulatory Commission (CERC) has adopted the tariff for 1,200 MW Wind-Solar Hybrid Power Projects with Assured Peak Power Supply (Tranche VI) under the competitive bidding process conducted by the Solar Energy Corporation of India Limited (SECI). It is pertinent to note that SECI had filed a petition before CERC under section 63 […]

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Green Stocks March 3: Late Recovery Prevents Further Losses

Even as the overall picture remains glum, a late recovery seems to have reduced losses at our Green energy stocks today. Thus, large developers like Adani Green, NTPC Green and Tata Power turned green today, losses at heavy losses EPC firms like Waaree RTL, Sterling and Wilson Renewables and Shakti Pumps continuing to leave investors […]

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Chemplast, JSW Enter PPA To Build 84.9 MW Hybrid Project In TN

Tamil Nadu-based manufacturer of speciality chemicals Chemplast Sanmar and its wholly owned subsidiary (WOS), Chemplast Cuddalore Vinyls Limited (CCVL), have entered into a Power Purchase Agreement (PPA) with JSW Green Energy Nine Limited. As per the terms of the agreement, the companies have agreed to execute a Share Subscription and Shareholders’ Agreement with JSW Neo […]

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Module Scarcity Delaying Solar Projects In India, Hints NLC India

Indian Public Sector Utility (PSU), NLC India has hinted that the delay in the supply of domestic solar modules in the country is leading to delays in solar projects. The top management of the firm in a recent investor’s call revealed that the demand for domestic modules has led to a shortage of timely delivery […]

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