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Green Stock Nov 4: As Markets Sweat Over US Elections, Green Stocks Resist

On a day when the broader markets dived, and dived low by over 1.25%, many of our green stocks proved resilient. Newly listed Waaree Energies stood out with another day of gains, inching closer to Rs 3000 per share. The large developers, from Adani Green to Tata Power to JSW Energy however had a tough […]

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SECI Awards 600 MW Hybrid Project At Tariff Of Rs 3.25/kWh

SECI recently allocated a 600 MW Hybrid Power Project to three companies namely: Juniper Green, ACME And Sembcorp. Among the four bidders, the Renewable Energy Implementing Agency reported the lowest tariff of Rs 3.25/kWh. According to its recent announcement, SECI awarded the project to Juniper Green Energy, ACME Solar Holdings, and Sembcorp Green Infra to […]

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GUVNL Awards Gensol 250 MW/500 MWh BESS Project

Gujarat-based, state electricity regulation board Gujarat Urja Vikas Nigam Limited (GUVNL) declared Gensol Engineering as the lowest bidder for the project in a energy storage tender issued by them. The EPC company emerged as the lowest bidder for its 250 MW/500 MWh standalone battery energy storage systems (BESS) project. GUVNL released the tender for this […]

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Aland Island Set for Large-Scale Integrated Renewable Energy

Copenhagen Infrastructure Partners, Flexens, and Lhyfe have formed a partnership for the development and construction of an ambitious integrated energy island solution enabling large-scale offshore wind, green hydrogen production, and other local anchored value creating activities on Åland. CIP, through Copenhagen Energy Islands, Lhyfe and Flexens have jointly launched the Åland Energy Island project. The project will […]

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ABC Cleantech Signs Rs 50,000 Cr MoU to Set Up Green Hydrogen Plant in Karnataka

ABC Cleantech recently announced that it had signed a Memorandum of Understanding (MoU) with the Government of Karnataka as part of “INVEST Karnataka 2022” for setting up a green hydrogen production unit. According to the company, this unit will produce 0.2 million tonnes of green hydrogen annually and 1 million tonnes of green ammonia annually, […]

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What Are Climate Bonds?

According to the United Nations’ Intergovernmental Panel on Climate Change estimates, limiting the global temperature increase to 2 degree Celsius, the goal of the Paris Agreement, will require about $3 trillion of investment every year to 2050. Raising such huge investments is a challenge. To tackle it, governments and corporations are increasingly turning to Climate […]

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SECI Signs off 2021 With 1785 MW Tender Award At Rs 2.17/unit

In a late announcement yesterday, the Solar Energy Corporation of India announced the bid winners of its 1785 MW Solar tender (Tranche IV) for Rajasthan, whose bid deadline was May 21, with a final winning price of Rs 2.17 /unit. The final winners list has a mix of PSU, private and foreign forms in it, […]

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The Time for Battery Storage & Green Hydrogen Is Here, Says IEEFA Note

A new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA) states that battery storage and green hydrogen will be vital to India’s energy transition goals, especially the goal of 450 GW of renewables by 2030. “Grid-scale energy storage technologies will play a critical role in India’s decarbonisation journey, helping to integrate the 450 […]

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