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Saatvik Solar Initiates Works To Commence Solar Cell Production

Indian solar module manufacturer Saatvik Solar has commenced work on establishing its own solar cell production line in Odisha. The company had earlier announced plans to begin solar cell manufacturing in the state to strengthen its vertical integration. Additionally, the Ambala-based firm has submitted its Draft Red Herring Prospectus (DRHP) to launch an IPO and […]

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Waaree Energies Bags 362.5 MWp Solar Modules Supply Order

Waaree Energies has secured an order to supply solar modules for 362.5 MWp from a renowned customer engaged in the business of owning, developing, and operating renewable power projects in India. The company said in a regulatory filing, the supply of modules is scheduled to commence in FY 2025-26. The order adds to an already bulging […]

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Premier Energies Secures Rs. 1,234 Cr Solar Module Supply Orders

Leading Hyderabad-based solar manufacturer, Premier Energies has received two orders from its existing customers totaling Rs.1234 Crores. The company shared this update in a regulatory filing stating, “The supply of solar modules is scheduled to commence in April 2025.” The Indian solar module and solar cell manufacturer in its latest financial results for the third […]

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Green Stocks Feb 7: Drift Is the Theme For Green Stocks On An Eventful Day

With the RBI finally pushing a rate cut through after almost 5 years, the stock markets disappointed many investors by staying range-bound with a downward bias. For green stocks as well, the news of lower rates should augur well for the long term, especially considering the early signs of price pressures from the ALCM or […]

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Tata Power’s 4.3 GW Solar Cell & Module Plant In TN Inaugurated By CM

As MK Stalin, the Chief Minister of Tamil Nadu formally inaugurated its latest 4.3 MW cell and module manufacturing plant, TP Solar Ltd finds itself in a sweet spot. Tata Power’s Solar manufacturing arm & a subsidiary of Tata Power renewable Energy Limited new plant at Tirunelveli, Tamil Nadu underscores its position among the leaders […]

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Green Stocks Feb 4: Stocks Rebound Sharply

As the broader markets heaved a sigh of relief by bouncing back sharply, our green pack had a tough time keeping up. Thus even as most shares rose, many could not quite match the exuberance of the broader markets. That points to a fatigue among investors for the green energy theme, and the focus on […]

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Budget 2025- Green Stocks Fail To Fire Despite Manufacturing Push

The 2025 budget presented by Finance Minister Nirmala Sitharaman had one announcement at the end that overshadowed almost everything mentioned before. Yes, we are referring to the hike in Income Tax exemption limit for salaried individuals to Rs 12 lacs, a move that is seen as the biggest effort yet to spur domestic consumption by […]

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Module Supply: SECI Awards 400 MWp Module Order to Alpex, Tata Power Solar

The Solar Energy Corporation of India (SECI) recently announced Alpex Solar and Tata Power Renewable Energy Subsidiary, Tata Power Solar (TP Solar)  winners of its 400 Mwp modules tender. The tender intends to supply these solar modules at a Ramagiri project located in Andhra Pradesh. The tender for this project was released in November 2024 […]

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Green Stocks Jan 31: Will The Budget Light Up Green Stocks?

The answer to our headline seems to be a yes, going by the performance of our green energy pack today. While Waaree Energies stood out after delivering a stellar set of results that are much closer to the firm’s potential for the next year as well, it is the firm’s commentary that should interest analysts. […]

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