Everything You Wanted To Know About India’s Biggest Rooftop Solar Scheme Updated On Fri, Apr 19th, 2024 by Saurenergy Made For, Of and By India One of the biggest aspects of the PM Surya Ghar Scheme is the focus on mass markets, by limiting subsidies to systems upto 3kW in size. It is also meant to be a catalyst for India’s domestic manufacturing base for solar equipment, which has struggled to counter Chinese imports […] Read more
April 18 – KPI Green, Shakti Pumps Lead Strong Green Move On Another Tough Day For Markets Updated On Thu, Apr 18th, 2024 by Saurenergy On yet another down day for the markets, our green pack continued to more than hold its own, with 7 of the 11 stocks being tracked in the green. Leading the charge, besides the by now inevitable upper circuit for Waaree Renewable, is KPI Green Energy, and Shakti Pumps. While KPI Green has been adding […] Read more
Sterling & Wilson Renewable Shines Among Green Stocks Updated On Tue, Apr 16th, 2024 by Saurenergy On a day when the broader sensex still fell by over 0.5%, many of the green energy stocks in our tracker made a smart recovery as sentiment continued to favour their prospects over any looming risk currently. While Waaree Continued its now predictable run to the upper circuits, EPC player Sterling and Wilson Renewable made […] Read more
Could Interest Rates Trip Up India’s Renewables Push? Updated On Tue, Apr 16th, 2024 by Saurenergy Since April started, India’s renewable sector has presented an observer with two contrasting camps. On one side are solar module, and some cell manufacturers, who look forward to good times with the tightening of restrictions on Chinese imports. On the other are the developers, the first few of whom have already started indicating the risk […] Read more
While Waaree Continues Gravity Defying Climb, Other Renewable Stocks Dragged Down April 15 Updated On Mon, Apr 15th, 2024 by Saurenergy 10 out of the 11 renewable stocks in our basket dropped today, usually falling more than the market, thanks to the sharp run up the category has seen in prices. The outlier as usual was Waaree Renewable technologies, which recovered smartly from the morning volatility to be back at the 5% upper circuit. The fall […] Read more
Green Stocks Defy Market Correction, Most Rise On April 12 Updated On Fri, Apr 12th, 2024 by Saurenergy Even as the BSE stock index dropped 1.06%, most of the green energy stocks we track continued their relentless upward march. None more so than Waaree Renewable Technologies, which was locked at the upper circuit yet again today. Powered by multiple positives, from rising power demand to a supportive domestic policy environment, the next big […] Read more
Record Renewable Numbers Support Green Energy Stocks (April 10) Updated On Wed, Apr 10th, 2024 by Saurenergy On a day when the government announced record renewable capacity additions for FY24, green energy stocks continued to stay strong, other than a sharp 3.3% fall in Inox Wind. Waaree Renewable continues on its merry way in anticipation of possible restructurings and a strong growth pipeline, even as SJVN seems to have recovered on the […] Read more
India Creates New Record By Adding 18.5 GW Of Renewables In 2023-24 Updated On Wed, Apr 10th, 2024 by Saurenergy India created a new milestone in 2023-24 by adding one of the highest-ever additions of renewable energy in the country. The latest statistics shared by the Ministry of New and Renewable Energy (MNRE) revealed that during the last fiscal year, the country added a total of 18.5 GW of total renewable power, thanks to a […] Read more
NTPC Targets 3 GW Renewable Capacity in Fy25, 2 GW Thermal Capacity Updated On Mon, Apr 8th, 2024 by Saurenergy NTPC Ltd. India’s largest integrated power utility, has set a target to add 5GW of installed capacity in Fy25. The move comes even as NTPC has dusted off plans to start adding thermal capacity as well, after declaring it would stop adding the same from 2025, back in 2021. The changes have been driven by […] Read more