Green Stocks Jan 27: Green Stocks Succumb To Gravity In A Weak Market Updated On Mon, Jan 27th, 2025 by Saurenergy On a day when the Nifty was down over 1%, green energy stocks, almost all of which trade at multiples higher than the Nifty index stocks, suffered today. Borosil Renewables, Shakti Pumps, SWREL, and KPI Green all tested the power circuit limits. Others with higher circuit limits suffered even more, as Acme Solar sank over […] Read more
Budget 2025: Green Firms Seek Support For Wafer, Ingot Production Updated On Mon, Jan 27th, 2025 by Saurenergy As the Union government is gearing up to announce the Union Budget, India’s renewable energy sector is expecting more hand-holding support from the government. The industry is now also keen to have more stability in policies and attention to some of the lesser support areas of the industry. In the last interim and extended budget […] Read more
Green Stocks Jan 24: The Slide Turns Into a Rout Updated On Fri, Jan 24th, 2025 by Saurenergy The broader decline in the market has turned into a rout for small caps and mid-caps, and most of the green caps were no exception. The secular decline seen across the board points to weak hands finally capitulating to withdraw from the market and lick their wounds, so to say. While it might be too […] Read more
NHPC, AP Genco Form JV To Develop 5 GW PSP Projects Updated On Fri, Jan 24th, 2025 by Saurenergy The National Hydroelectric Power Corporation (NHPC) partnered with Andhra Pradesh Power Generation Corporation Limited (APGENCO) to develop a 5.07 GW pumped storage project (PSPs) across five locations in Andhra Pradesh. The NHPC told about its plans for the joint venture in Andhra Pradesh in a regulatory filing. NHPC said, “The Joint Venture Company envisions planning, […] Read more
Europe: Solar Surpasses Coal With 11% Growth In 2024 Updated On Fri, Jan 24th, 2025 by Saurenergy European Union (EU) in 2024 witnessed an 11% rise in solar-generated electricity overtaking coal which fell below 10%. European Electricity Review by Ember said. The latest review by think tank Ember, identified, a decline in gas generation in the EU for the fifth year in a row, and total fossil generation also fell to a […] Read more
News In Brief Jan 24: ACME Solar, LONGi, Sungrow, Qcells Updated On Fri, Jan 24th, 2025 by Saurenergy Rajasthan: ACME Solar Operational RE Capacity Touches 2.54 GW ACME Solar Holdings through its subsidiaries ACME Deoghar Solar Power and ACME Phalodi Solar Energy, has commissioned the remaining capacity of 47 MW and 39.95 MW, respectively. The company commissioned these projects in Rajasthan. The company said in a regulatory filing, “These two plants are now […] Read more
NHPC Awards 1.2 GW Solar-Plus-Storage Tender To Six Bidders Updated On Fri, Jan 24th, 2025 by Saurenergy NHPC, the Navratna company, has announced six winners of its 1.2 GW solar plus storage project. This is NHPC’s one of the first Solar + ESS tender. The project offers a 600 MW/1200 MWh energy storage system (ESS). NHPC allotted the project to Onix Renewables at Rs. 3.09/kWh and three other companies: Jindal India Renewable […] Read more
Adani Green Q3 Results- PAT Rises 85% To Rs 474 crore Updated On Fri, Jan 24th, 2025 by Saurenergy Adani Green Energy Ltd (AGEL), the green energy developer arm of the Adani Group declared its financial results for Q3 FY25 on Thursday evening. The firm has posted a strong set of results, posting an over 85 percent rise in consolidated net profit to Rs 474 crore for the December quarter on the back of […] Read more
Q3 Adani Energy Solutions: PAT Up 80% YoY At Rs 625 Cr. Updated On Fri, Jan 24th, 2025 by Saurenergy Adani Energy Solutions Limited (AESL), a part of the Adani portfolio and a transmission and distribution company in India shared its financial and operational performance for the quarter and nine months ended December 31, 2024. The company highlighted some of its key achievements for Q3. “Adani Energy Solution saw a robust growth of 24% in […] Read more
