Q1 Results: Tata Power Sees 31% Growth In Net Profits Updated On Tue, Aug 6th, 2024 by Saurenergy Tata Power today reported its financial results for the latest quarter (Q1) for financial year 2024-25. The data submitted by the company revealed that the company reported a 13 percent growth in its net profit on a Year-on-Year (YoY) basis. The company reported its highest ever and 19th consecutive quarter of PAT (Profit After Tax) […] Read more
TPEML, Tata Renewable Tie Up For Boosting Solar Adoption Updated On Tue, Aug 6th, 2024 by Saurenergy Tata Passenger Electric Mobility Ltd. (TPEML) and Tata Power Renewable Energy Ltd. (TPREL), have joined hands to drive zero-emissions mobility in India through a combined solution of Electric Vehicles and Solar Rooftop Systems. Through this collaboration, TPEML will enable customers to get a solar rooftop system installed. Both the companies will promote EVs / EV […] Read more
Green Stocks July 31: Solar EPC’s Carry The Weight Of High Expectations And Valuations Updated On Wed, Jul 31st, 2024 by Saurenergy As feared, small-cap EPC developer Waaree Renewable Technologies was down at the lower circuit today, down 5%, despite a strong set of numbers. Skittish investors are unwilling to take a risk with highly valued firms unless their results are truly extraordinary. Adani Green continued its steady recovery back, however, thanks to strong results and positive […] Read more
BluPine Energy Gets Rs. 239 Cr Funds For Solar Project In Chhattisgarh Updated On Mon, Jul 29th, 2024 by Saurenergy BluPine Energy recently acquired Rs. 239 Crore in financial assistance from Tata Capital. The company plans to use these funds for a solar power project in Chhattisgarh. BluPine Energy’s 75-megawatt project is estimated to create over 117 million units (MUs) of electricity per year. It’s expected to offset more than 107,000 tonnes of CO2 emissions, […] Read more
Green Stocks July 23: Post Budget Announcement On Solar Glass, Borosil’s Stock Price Surges Updated On Tue, Jul 23rd, 2024 by Saurenergy On the day when the Union Budget talked about imposing Customs Duty against the imports of solar glass, the stock prices of Indian solar glass maker Borosil Renewable surged to 8.22 percent high. This was the long pending demand of the Indian solar glass makers like Borosil. This is followed by positive growths of companies […] Read more
ALMM: India’s Solar Module Manufacturing Capacity Touches 50.8 GW Updated On Tue, Jul 9th, 2024 by Saurenergy India’s total enlisted solar module manufacturing capacity has now touched 50.8 Gigawatt (GW), the latest ALMM list issued by the Ministry of New and Renewable Energy (MNRE) revealed. The recent Approved List of Models and Manufacturers (ALMM) lists a total of 93 solar module manufacturing plants in India, against the earlier figure of 90. The […] Read more
NDMC Set To Procure 200MW Solar Energy From SECI Updated On Thu, Jul 4th, 2024 by Saurenergy The New Delhi Municipal Council (NDMC), has decided to procure 200MW of solar power to transition to renewable energy sources in the region. The project will be executed in collaboration with the Solar Energy Corporation of India (SECI). The discom serving NDMC areas in New Delhi is Tata Power DDL. This project aligns with NDMC’s […] Read more
June 28: Solar EPCs Back In Limelight With Stellar Day At The Exchanges Updated On Fri, Jun 28th, 2024 by Saurenergy In the stock market today, after a short gap, Waaree Renewables and KPI Green Energy stocks rose once again to hit their upper circuits at 5%. Shakti pimps, the new favourite of punters for the month also rose 5%. The move comes after a period of consolidation, and some news flow, particularly on KPI Green, […] Read more
Stock June 27: Shakti Pumps Powers On, Charge for JSW Energy From New PPAs Updated On Thu, Jun 27th, 2024 by Saurenergy New order flows, and optimism around more support for renewable players in the upcoming budget ensured that most green stocks were in the green today. JSW Energy benefited from announcement of more PPAs, while Shakti Pumps kept up with the strong momentum behind it for being the largest player in the solar pumps business. Solar EPCs […] Read more
