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Indian market

ABB India Launches Innovative Wireless Home Automation Solutions

ABB India, a global electrification and automation company, has announced the launch of ABB-free@home in India, a Smart Home automation system with enhanced interoperability. The new wireless home automation solution is designed to enhance comfort, security, and energy efficiency for the residential segment. It allows users to integrate and control additional elements such as white […]

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Green Stocks Sept 3: Suzlon Energy Stock Prices Up

On a day when Indian solar cell and solar module manufacturer Premier Energies entered the stock market, most of the green companies reported positive growth. The highest growth was seen by Suzlon Energy which reported a growth of 0.96%. Company name Closing Price On Sept 2 Closing Price on Sept 3 Change % Borosil Renewables […]

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Green Stocks Sept 2: Adani Green, SJVN Stocks Shine

As the market opened up this Monday, most green energy companies witnessed a plunge in their stock prices. Only three companies namely-Adani Green, SJVN and Sterling & Wilson witnessed a positive growth in their stock prices. The stock prices of Adani Green (AGEL) witnessed the sharpest rise of 5.69 percent. It was followed by SJVN […]

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As Chinese Solar Firms Raise Silicon Wafer Prices, Will Transmission Happen To Cells and Modules?

With the recent increase in silicon wafer prices by certain Chinese solar companies including Longi, the firms hope that this will also impact the cost of solar cells exported from China to other countries. Given China’s dominant position in solar cell exports, higher wafer prices could influence global solar module costs in destination markets. Prices, […]

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Ministry Of Finance Grants Navratna Status To SECI, NHPC And SJVN

In a significant indicator of their growing stature and performance, the Ministry of Finance recently conferred ‘Navratna’ status to three Central Public Sector Enterprises (CPSE) namely, Solar Energy Corporation of India (SECI), National Hydroelectric Power Corporation (NHPC), and SJVN to develop and expand Renewable Energy (RE) capacity in India under the Ministry of New and […]

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Inox Wind’s EPC Arm Resco Global To Raise 350cr Equity

Indian wind energy company Inox Wind Limited (IWL) today announced that the board of its subsidiary, Resco Global Wind Services Pvt. Ltd. (Resco Global), an EPC Projects company, has approved Rs 350 crore equity raise from marquee investors for a single digit stake. The funds will be utilized to scale up the business offerings and […]

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Renewables Contribute Only 4% To NTPC’s Turnover in FY24

According to the latest numbers from India’s power giant NTPC, renewable energy assets contribute a mere 1.23% to the company’s turnover. When hydro projects are included, this figure increases to just 4%. NTPC Limited’s Business Responsibility and Sustainability Report indicates that power generation accounts for 94.19% of the company’s total turnover. The report reveals that […]

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MERC New Regulation Sets 7% Flexible Demand Target For Next Five Years

Given the evolving context of generation profiles from various types of generation plants, including those behind the meters (within consumer premises), and the significant emphasis on solarizing agricultural feeders and households, it is now imperative to view demand-side management as an opportunity. This opportunity includes a combination of demand flexibility, demand response, energy efficiency, and […]

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IREDA Expands Horizon Woth International Credit Rating from S&P

Indian Renewable Energy Development Agency Limited (IREDA) has secured its international credit rating from S&P Global Ratings Limited. The Indian lender has been assigned ‘BBB-‘ long-term and ‘A-3’ short-term issuer credit ratings to IREDA, with Outlook ‘Stable’. This rating will enable IREDA to expand its reach in the international market, tapping into attractive sources of […]

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