Green Stocks Dec 27: Gensol Stock Price Moves Up By 6.52% Updated On Fri, Dec 27th, 2024 by Saurenergy The stock market presented a mixed picture for Indian renewable energy companies today. While seven green firms saw their stock prices rise, an equal number experienced declines. The highest gain was recorded by Gensol Engineering, with a 6.52% increase in its stock price. This surge comes on the back of the company securing an EPC […] Read more
Dec 26: Green Energy Stocks Wait On Q3 Results Updated On Thu, Dec 26th, 2024 by Saurenergy A day after Christmas, both the broader markets and green energy stocks kept waiting for a rally that wasn’t. If there was any Santa Claus gift, those were reserved for Shakti Pumps yet again, which hit the 5% upper circuit yet again, gladdening the hearts of its believers. For the rest, other than Adani Green […] Read more
Green Stocks Dec 24: On Listless Day, Green Stocks Also Struggle For Direction Updated On Tue, Dec 24th, 2024 by Saurenergy Green energy stocks had an ordinary day at the markets today, with most struggling to find a sense of direction for the year ahead. Thus, last week, and the week earliers star performer, Borosil Renewables, continued to be dragged down on the back of both a better understanding of the limited advantages accruing to it […] Read more
Odisha: IREDA Has Sanctioned Over Rs.3,000 Cr For Green Energy Projects Updated On Tue, Dec 24th, 2024 by Saurenergy Pradip Kumar Das, Chairman and Managing Director (CMD), Indian Renewable Energy Development Agency Limited (IREDA) reaffirmed its commitment to Odisha’s ambitious renewable energy target. The CMD emphasized the state’s vision of achieving 10 GW capacity by 2030. Highlighting its support, the Indian Renewable Energy Development Agency Limited (IREDA) has already sanctioned over Rs. 3,000 crores […] Read more
Green Stocks Dec 23: Green Stocks Fail To Move With Market Recovery Updated On Mon, Dec 23rd, 2024 by Saurenergy A smart recovery in the market today was not enough to do the same to more in our green energy pack, as most stocks struggled to recover from losses last week. The exceptions, Sterling and Wilson Renewable, which was up 5.5% on the back of a big order win announcement, or Shakti Pumps, still finding […] Read more
Green Stocks Dec 20: Amid Market Mayhem, Some Green Stocks Make a Point Updated On Fri, Dec 20th, 2024 by Saurenergy On a day when the market left few stocks unscathed in a broad slump, it was left to a few green stocks to hold out yet again, Starting with EPC firm KPI Green Energy, which rose 5%, to Premier Energies which somehow stayed in the green. However, the sharp drop in many others, notably SWREL […] Read more
Green Stocks Dec 19: Green Stocks Slide With Broader Market Updated On Thu, Dec 19th, 2024 by Saurenergy The news of the US Fed going in for fewer rate cuts than expected in 2025 spooked global markets, and the Indian markets as well. Thus, interest rate-sensitive sectors reflected the weakness in the markets. Green energy stocks, almost all of which have a healthy debt situation, but will invariably be raising more debt in […] Read more
Green Stocks Dec 18: Indian Green Firms’ Stocks Witness Jolt Updated On Wed, Dec 18th, 2024 by Saurenergy On a day when the stock market indices indicated sluggish growth, listed Indian green companies were no different. Most of the Indian green stocks today reported negative growth with only two exceptions-Borosil Renewables and Gensol Engineering. Whole Borosil Renewables are enjoying the brighter days owing to the better-expected avenues to the imposition of anti-dumping duties […] Read more
Federal Bank, Ecofy Tie Up For Boosting Rooftop Solar Financing Updated On Wed, Dec 18th, 2024 by Saurenergy Federal Bank has announced partnering with green fintech company Ecofy to offer innovative financing solutions for MSMEs investing in commercial rooftop solar installations. This collaboration marks one of the first comprehensive co-lending partnerships specifically designed to address the unique solar financing needs of the MSME sector, the companies said. The program targets financing 3,600 kW […] Read more
