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Green Stocks Sep 13: Another Strong Week Despite A Wobble In Adani Green Energy

This week closed  with a broadly positive end for the green stocks pack, with even new entrant Premier Energies closing over 100% above its listing price of 450 a week back, despite the losses this week.  Sterling and Wilson Renewable Energy (SWREL) posting a 3.00% increase in stock price. Waaree Renewables, KPI Green Energy, JSW […]

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AMPIN Energy, Sumitomo Collaborate To Boost RE In India

Sumitomo Corporation has established AMPIN C&I Power Private Limited, in cooperation with AMPIN Energy Transition Private Limited. The joint venture (JV) will be owned 51% by AMPIN and 49% by Sumitomo. The allocated funds will be used for the development, construction, and operation of State Transmission Utility (STU) connected projects providing renewable energy to Commercial […]

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EIB, Development Bank Of Southern Africa Grant €600 Mn To Private RE Sector

The European Investment Bank (EIB) and the Development Bank of Southern Africa (DBSA) have further boosted their support for renewable energy projects in the private sector, aiming to increase clean energy generation while supporting new jobs. A € 100 million (ZAR 1.98 billion) loan from the EIB, matched by the DBSA, comes in addition to […]

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President Approves VGF Scheme For 1 GW Offshore Wind Projects

President of India, Droupadi Murmu, has approved the government’s plan to award Viability Gap Funding (VGF) to boost offshore wind projects in India. The Ministry of New and Renewable Energy (MNRE), in its latest notification, stated that it has received approval for the plan. With the President’s sanction, India is now set to provide VGF […]

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SECI Issues Fresh FDRE Tender For 8 GWh (2GW x 4 hours)

The Solar Energy Corporation of India (SECI) has announced a Firm and Dispatchable Renewable Energy (FDRE) tender for peak supply totaling 8,000 MWh (2,000 MW x 4 hours). The project will be developed on a Build Own Operate (BOO) basis. SECI intends to sign a Power Purchase Agreement (PPA) with the successful bidders for a […]

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NHPC Discovers Lowest Tariff Of Rs. 4.37 For 1.2 GW FDRE Project

NHPC has announced the winners of the 1.2 GW solar project under Tranche II. It allocated the project to five successful bidders: Essar Renewables, Juniper Green Energy, Serentica Renewables, Hexa Climate Solutions, and Avaada Energy. According to the tender results, NHPC allocated Essar, Juniper, and Serentica 300 MW, 200 MW, and 150 MW of capacities […]

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Green Stocks Sep 12: Inox Wind, Premier Energies Lead The Chart

Two renewable energy companies-Inox Wind and Premier Energies today witnessed the highest jump of single-day increase in stock prices. Wind energy company Inox Wind reported the highest rise of five percent in its stock prices compared to its stock price yesterday. On the other hand, Premier Energies reported an increase of 3.26 percent in its […]

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Apraava Energy Secures 300 MW Solar Project From NTPC In Rajasthan

Apraava Energy, today signed a Power Purchase Agreement (PPA) for a 300 MW interstate transmission system (ISTS) connected solar energy project with NTPC Limited in Rajasthan.  The Mumbai-based integrated energy solutions provider project in Rajasthan is expected to be completed within 24 months. Apraava secured this project through an e-reverse auction mechanism at a tariff […]

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Jharkhand Plans RESCO Aid To Boost Solar Growth In Giridih

The Jharkhand Renewable Energy Development Agency (JREDA) has now decided to rope in the services of RESCO (Renewable Energy Service Company) to boost the growth of solar energy in Giridih. Giridih is the proposed solar city of Jharkhand. As the per the plan of the state renewable agency of Jharkhand, JREDA seeks to develop a […]

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