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Chinese Firms Dominate Global Wind Market But Profits Sink: Report

Wood Mackenzies latest report on global wind turbine original equipment manufacturers (OEMs) reveals that Chinese wind energy companies led the global market in 2024. For the first time, Goldwind, Envision, and MingYang secured the top three positions worldwide, highlighting Chinas increasing influence in the sector. However, the dip in their profitability remained a concern, the []

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Ayana Renewable To Raise Rs 150 Cr From IL&FS Mutual Fund

Renewable energy company, Ayana Renewable is set to raise Rs 150 crore (approximately $17.4 million) in debt from IL&FS Mutual Fund. This funding comes just a month after the company signed a share purchase agreement with the ONGC-NTPC Joint Venture. The board at Ayana Renewable has passed a special resolution to issue 1,500 non-convertible debentures []

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Green Stocks March 17: Mixed Day For Green Stocks

On a day when the mid-cap and small-cap cohorts moved in opposite directions, green energy stocks reflected this dichotomy as well. Be it manufacturers (Waaree Energies, Premier Energies), EPCs (Waaree RTL, Sterling, and Wilson Solar, or developers like NTPC Green or Acme Solar, it was a day for surrendering whatever small gains they had made []

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Shakti Pump Secures Land To Setup Solar Cell, Module Manufacturing Facility

Madhya Pradesh-based solar pump company, Shakti Pumps, has recently secured land for setting up a solar cell and PV module manufacturing facility using wafers as input material. The company announced this development in a regulatory filing, stating, Madhya Pradesh Industrial Development Corporation Limited (MPIDC) has sanctioned 113 acres of land to our wholly owned subsidiary, []

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US Solar Module Manufacturing Soared 190% To 42.1 GW In 2024

In 2024, the United States witnessed an increase in the commercial solar segment with the addition of 2.1 GWdc of newly installed capacity. The company reported an 8% year-over-year increase in this segment compared to 2023, according to a Wood Mackenzie Report. US solar module manufacturing capacity also tripled. The US solar module manufacturing industry []

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Green Stocks Mar 12: Less Red, More Green By Holi perhaps?

Even as markets mostly stayed in the red, there was a splash of green on our pack today, as most stocks made up for a disappointing day yesterday. Leading the way were the larger developers Adani Green and NTPC Green, the former buoyed by news of another 250 MW of commissioning in Kadapa, Andhra Pradesh. []

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Vietnams Threat To Go Back On Tariff PPAs Sends Chills Through Developers

Vietnams decision to retroactively revise subsidised pricing rules for wind and solar energy has raised concerns among stakeholders in the industry, especially foreign investors. The move comes after Vietnam blew past its renewable addition targets between 2020-23 on the back of a generous Feed In tariff mechanism that made projects much more lucrative in the []

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Raptee.HV T30 With Its CCS2 Car Charging Standard Collects 8000 Bookings

Raptee.HV has announces ARAI certification of Indias First Electric two-wheeler with High Voltage Technology used in Electric Cars, making T30  the only Electric two wheeler in India compatible with the Electric cars CCS2 DC Fast charging standards. ARAI (Automotive Research Association of India) is Indias highest authority for automobile certification, and its approval is mandatory []

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