Green Stock Oct 30: Green Stocks Witness Minor Recoveries Updated On Wed, Oct 30th, 2024 by Saurenergy Most green stocks have now shown minor recovery from the losses due to a downfall in their share prices. Today, most of the green stocks reported positive growth. The highest growth was reported by Waaree Renewable Technologies which reported a 5 percent growth. Only two stocks–JSW Energy and Suzlon reported negative growth. For the last […] Read more
Juniper, Jakson Green & RIH Bag GUVNL’s 200 MW Wind Project Updated On Wed, Oct 30th, 2024 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL) has now declared Juniper Green Energy, Jakson Green, and RIH Renewables (EDF Renewables) as winners of its (Phase VIII) 200 MW wind energy project in Gujarat. The tender for this project was released in July this year, and the results were released within four months. Gujarat Urja Vikas Nigam […] Read more
IFC Partners With ACWA Power to Support Uzbekistan’s Energy Transition Updated On Wed, Oct 30th, 2024 by Saurenergy IFC announced today a $240 million Islamic Equity Bridge Loan (EBL) financing for ACWA Power to support the development of Uzbekistan’s renewable energy sector on the sidelines of the 8th Future Investment Institute conference at Riyadh in Saudi Arabia. IFC’s financing will support the construction and operation of two projects, with a cumulative capacity of […] Read more
Green Stock Oct 29: Listless Day For Green Stocks As Holiday Mood Sets In Updated On Tue, Oct 29th, 2024 by Saurenergy Even as the market remained volatile, our green energy pack had a broadly listless day, with most stocks, other than JSW Energy which jumped over 5%, remaining range bound, with a bias towards sudden slippages. That is also a hazard of the lower trading volumes these stocks generally attract, especially the small cap stocks like […] Read more
Adani Green Optimistic To Add 6 GW RE Capacities In FY25 Updated On Tue, Oct 29th, 2024 by Saurenergy Notwithstanding the interruptions in pace of renewable project installations, triggered by delayed monsoons, Adani Green is optimistic about its target of adding 6 GW of operational capacity in FY25. In its latest investors call, the top management of the firm expressed optimism on its growth trajectory for the current fiscal. The company said that it […] Read more
Powerica Wins 50 MW Wind Energy Project From SECI Updated On Tue, Oct 29th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) recently announced power generation company Powerica as the winner of its 50 MW auction out of the total 500 MW wind project. The company secured the project at a tariff rate of ₹3.81 per unit. The initial tender was intended for a 500 MW project. However, SECI has […] Read more
COP29 At Azerbaijan- Sungrow Steps Up To Back Green Transition Updated On Tue, Oct 29th, 2024 by Saurenergy With the world’s attention set for the events at COP29, starting November 11 in Azerbaijan, it has become an important time to track the changes in the host country itself. In line with the country’s commitment to diversify its economy and reduce greenhouse gas emissions, Azerbaijan aims to increase its installed power capacity from renewable […] Read more
Oct 28: Mixed Performance For Green Stocks Updated On Mon, Oct 28th, 2024 by Saurenergy On a day when the markets finally reversed the downward trend, green stocks benefited broadly as well. the highlight of the day was no doubt the debut of Waaree energies limited, which listed at an over 50% premium and maintained that level by closing. Even that amazing start may have disappointed many observers who were […] Read more
Solar’s IPO Rush: How Sustainable is it? | Saur Energy International Magazine Oct 2024 Updated On Mon, Oct 28th, 2024 by Saurenergy When people look back on the evolution of solar manufacturing in India, 2024 will be looked upon as a milestone year. For while much has happened in the previous two years to bring us to this turn, there is no doubt that 2024 will stand out for the way the capital markets welcomed solar firms. […] Read more