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
Railways Setup 3.7 MW Of Solar Plants Along Track, Says MNRE Updated On Tue, Dec 17th, 2024 by Saurenergy Indian Railways has set up 3.7 MW of solar power plants along railway tracks till now, data from MNRE revealed. Minister of State (MoS) for New and Renewable Energy Shripad Yesso Naik in his latest statement before Lok Sabha shed light on the solarisation of Indian railways. This comes at a time when the Indian […] Read more
ReNew To Go Private? Key Investors Make Offer Updated On Thu, Dec 12th, 2024 by Saurenergy ReNew Energy Global, which got listed at the NASDAQ exchange in the US through the SPAC route back in 2021, could well go private next year, if its biggest investors, including founder Sumant Sinha have their way. A consortium with voting rights of 64% have offered to take the company private at $7.07 per share, […] Read more
States Open Up With More Land Bank Policies For RE Projects Updated On Wed, Dec 11th, 2024 by Saurenergy Marred by hurdles in land acquisition for new renewable energy projects, several Indian states are now coming up with innovative solutions like land banks to tackle the issue of land for green projects. Over the past few months, various states have announced or initiated plans to allocate dedicated land for green projects. Uttar Pradesh Earlier […] Read more
Continuum Green Energy IPO Bound, To Raise Rs 3650 cr Updated On Tue, Dec 10th, 2024 by Saurenergy Mumbai Headquartered Continuum Green Energy Limited has filed its draft red herring prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI), for an initial public offering (IPO). The green energy developer is backed by Just Climate and Morgan Stanley Infrastructure Partners. Continuum Green Energy primarily focuses on supplying green power […] Read more
Green Stocks Dec 9: Premier, Waaree Energies Hold Their Own Updated On Mon, Dec 9th, 2024 by Saurenergy On a mixed day for the markets, the two key manufacturers in our Green pack, Premier Energies and Waaree Energies more than held their own as both rose by over 2%. The gains come on the back of an impressive roster of orders, including a large 1 GW order for Waaree announced today. Among developers, […] Read more
Time to Worry In India? Chinese PV Firms In Production Control Agreement To Stem Losses Updated On Mon, Dec 9th, 2024 by Saurenergy Over 30 of the top Solar PV firms in China are said to have signed up for a program of self-discipline at the China Photovoltaic Industry Association’s annual meeting last week. Taking a stated cue from OPEC ( The organisation of petroleum exporting countries), the world’s oldest existing cartel, the Chinese PV firms are setting […] Read more
Green Stocks Dec 6- Borosil Shines As Anti Dumping Umbrella Opens For Solar Glass Updated On Fri, Dec 6th, 2024 by Saurenergy As the market stayed rangebound, it was one of those rare days when a stock from the green pack did not spike…Unless of course, you forget Borosil Renewables. The solar glass maker continued on its merry way, spiking almost 8% today after the imposition of anti-dumping duties on solar glass. The move will definitely improve […] Read more
