Green Stocks May 16: Inox Wind, Sterling & Wilson Stock Prices Up Updated On Thu, May 16th, 2024 by Saurenergy In the last one day five out of 11 green stocks reported an increase in their stock prices. The highest jump in prices stock prices was reported in the stock prices of Inox Wind. The Indian wind energy firm reported a rise of 5 percent in its stock prices. Other green companies reported a minor […] Read more
Australia Plans To Boost Local Solar Module Manufacturing, Allocates Funds Updated On Wed, May 15th, 2024 by Saurenergy The Australian government has now planned to boost its solar module manufacturing locally. The government yesterday in its latest budget had also announced special packages for boosting solar module manufacturing and renewable energy in the region. As per the budget document of the government, the Australian government will allocate $3.2 billion on the next one […] Read more
India Becomes Second Largest Wind Market Within Asia Pacific In 2023 Updated On Mon, May 13th, 2024 by Saurenergy Global Wind Energy Council (GWEC) growth required an annual wind installation tripling to at least 320 GW. GWEC report found that the onshore wind energy recovered from a growth slowdown it currently is ranked fourth in total wind installations. It has installed 45 GW of onshore wind as of January 2024 and it’s the second […] Read more
Relux Electric Secures 250 Cr For EV Charging Expansion in South India Updated On Mon, May 13th, 2024 by Saurenergy Relux Electric, the EV charging infrastructure provider, has secured Rs. 250 crores of cumulative project funding from a group of private real estate and infrastructure investors exclusively to expand its network of hypercharging stations on the highways of South India. The company will utilize the fund to create 20 new hypercharging stations within the next […] Read more
Waaree Renewables Reports 341% Surge In PAT In Q4, 167% Annually Updated On Sat, May 11th, 2024 by Saurenergy Waaree Renewable Technologies Limited, the solar EPC arm of the Waaree Group has published its financial results for the latest quarter (Q4). It also announced its annual financial results for FY24. As per the details shared by the company in its self-disclosure before the Bombay Stock Exchange (BSE), the company continued its growth in its […] Read more
India Adds 1 GW Of New Renewable Capacities In April 2024 Updated On Fri, May 10th, 2024 by Saurenergy The latest data from the Ministry of New and Renewable Energy (MNRE) said that India added a total of 1.1 GW of new renewable energy capacities in April 2024. This was propelled by the surge in the additions of solar and wind energy capacities. With the additions of new solar and wind capacities, India’s total […] Read more
China Dominates Wind Installations in 2023, As 120.7 GW Is Added Globally Updated On Fri, May 10th, 2024 by Saurenergy The latest report from Global Wind energy Council (GWEC) for 2024 found a total of 30 wind turbine manufacturers installed a record 120.7 GW of new capacity in 2023. In a year marked by continuing supply chain challenges and other issues, this was a huge achievement. Incidentally, 122 GW is the expected total wind capacity […] Read more
Low Module Prices Weigh On Q1 Earnings For China’s Solar Champions Updated On Fri, May 10th, 2024 by Saurenergy Over the past 10 days, as numbers have continued to pour out from the listed players from China’s formidable solar sector, the impact of the low solar module prices seen over the past two quarters and more is clearly visible on their earnings as well. Even as volumes have grown in many cases, revenues have […] Read more
Top 5 States Spearheading Rooftop Solar in India Updated On Thu, May 9th, 2024 by Saurenergy India has made strides in new solar capacity addition in the last few years. However, a considerable gap exists between rooftop solar (RTS) and utility-scale solar installations. Despite existing national and state-level schemes promoting rooftop solar, including the National Rooftop Scheme and state government subsidies, participation rates remained low. This is mostly because of the […] Read more
