Shriram Finance Consolidates Its Green Finance Business Updated On Fri, Dec 20th, 2024 by Saurenergy Shriram Finance Limited (Shriram Finance), the flagship company of the Shriram Group has announced consolidating all its green financing initiatives under Shriram Green Finance. These financing services will be dedicated to funding initiatives beyond electric vehicles. With this step, the firm has planned to diversify its funding portfolio. Shriram Green Finance consolidates the green finance […] Read more
BluPine Energy, Suprajit Partner To Procure Solar Power From Karnataka Project Updated On Fri, Dec 20th, 2024 by Saurenergy Gurugram-based BluPine Energy recently signed a long-term Power Purchase Agreement (PPA) with Suprajit Engineering to enhance its renewable power supply. Suprajit Automotive Private, the company’s subsidiary, entered into a Shareholders’ Agreement (SHA) with BluPine Energy Private Limited (BluPine) and Solarcraft Power India 26 Private Limited (Solarcraft 26). The company added, “The Share Subscription Agreement (SSA) […] Read more
Green Stocks Dec 19: Green Stocks Slide With Broader Market Updated On Thu, Dec 19th, 2024 by Saurenergy The news of the US Fed going in for fewer rate cuts than expected in 2025 spooked global markets, and the Indian markets as well. Thus, interest rate-sensitive sectors reflected the weakness in the markets. Green energy stocks, almost all of which have a healthy debt situation, but will invariably be raising more debt in […] Read more
Green Stocks Dec 18: Indian Green Firms’ Stocks Witness Jolt Updated On Wed, Dec 18th, 2024 by Saurenergy On a day when the stock market indices indicated sluggish growth, listed Indian green companies were no different. Most of the Indian green stocks today reported negative growth with only two exceptions-Borosil Renewables and Gensol Engineering. Whole Borosil Renewables are enjoying the brighter days owing to the better-expected avenues to the imposition of anti-dumping duties […] Read more
NHPC Floats 1.2 GW Wind-Solar Hybrid Tender With Greenshoe Option Updated On Wed, Dec 18th, 2024 by Saurenergy In a bid to procure hybrid power, NHPC recently floated a tender to supply 1,200 MW of power from wind-solar hybrid power projects, with a greenshoe option, The tender also said these projects could be established with or without Energy Storage Systems (ESS) anywhere in India. NHPC set 16th January 2025 as the last date […] Read more
IMFA Invests Rs 83.26 Crores In JSW Energy Hybrid Project Updated On Wed, Dec 18th, 2024 by Saurenergy The Odisha-based Indian Metals & Ferro Alloys (IMFA), has entered into a joint venture with JSW Green Energy. Under the collaboration, the ferrochrome integrated producer would source renewable energy for its smelting operations. IMFA signed a binding term sheet with JSW Green Energy One and JSW Green Energy Seven and will invest Rs 83.26 crores […] Read more
Green Stocks Dec 17: Borosil Renewables, Waaree RTL Stand Out Updated On Tue, Dec 17th, 2024 by Saurenergy With the broader market slumping yet again, unable to sustain over 24500 levels, some of our green stocks found their mojo yet again to rise sharply. Borosil Renewables stood out with an over 4% jump to cross the Rs 600 mark yet again, while Waaree RTL, the EPC arm of the Waaree group, seemed to […] Read more
Green Stocks Dec 16: Shakti Pumps, Premier Energies Flex, Rest Wilt Updated On Mon, Dec 16th, 2024 by Saurenergy India’s leading solar pump maker Shakti Pumps continued to move towards lifetime highs on the back of its major order announced last week, with the share climbing another 5% today. Providing its company in the fast lane was Premier Energies, also up over 6% after announcing a 1 GW expansion for its manufacturing. For the […] Read more
Insolation Energy To Setup Its Solar Cell, Module Unit In MP Updated On Mon, Dec 16th, 2024 by Saurenergy The Board of Directors of Insolation Energy (INA Solar) has now approved the plan to commission its new solar cell, module and Aluminium frame manufacturing facility in Madhya Pradesh. The latest development marks its first investment in solar manufacturing outside Rajasthan. This comes after the Madhya Pradesh government offered land to the company in the […] Read more
