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Green Stocks Aug 1: Shakti Pumps, KPI Green See Highest Growths

On a day when the market couldnt quite make a decisive move in any direction save for the small cap and midcap indexes, our green stocks pack mirrored the same as well. So even as large developers Adani Green Energy and Tata Power gained, JSW Energy shed some points. Among the pack of solar EPCs, []

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SPECIAL REPORT: UPs Time To Shine In Solar

At a recent Solar Trailblazers event in Lucknow in July, organised by Saur Energy, Uttar Pradesh Deputy Chief Minister Brajesh Pathak told a hall-packed audience that this is the best time in India to go for solar. He was referring to the higher subsidies given to the rooftop solar consumers under the ambitious PM Surya []

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Green Stocks July 31: Solar EPCs Carry The Weight Of High Expectations And Valuations

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 []

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Q2 Results: First Solar Sees 24.6% Rise In Sales

US solar module manufacturer, First Solar, recently released the latest financial results for the second quarter ending June 30, 2024, in which the company made a net sales of $1.0 billion. In this quarter, the company saw an increase in sales by $0.2 billion from the previous quarter. First Solar in its second quarter reported []

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2024 Q1 Result: Battery Maker Exide Sales Rose 6%, Profit Grows 16%

Leading battery maker Exide Industries has reported a 6% increase in sales and a 16% rise in profit before tax for the first quarter of the financial year 2024-25.  Exides revenue from operations grew by 5.9% in Q1 2025, driven by volume increases across business verticals. Operating profitability also improved despite rising commodity prices. EBITDA []

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UK Raises RE Auction Funds, Offshore Wind Gets Largest Gain

The United Kingdon (UK) government recently allocated a budget of over 1.5 billion pounds to deliver homegrown clean energy projects and boost the UKs energy security Energy Secretary unveils this large budget to deliver new homegrown clean energy projects in the UK. The budget seeks to boost energy security, secure cheap power for families, and []

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Global Investments In Battery To Decline In 2024: Rystad Report

Following four consecutive years of significant growth, this year is set to see a sizeable decline in global battery investments for the first time since 2020, according to Rystad Energy research. The researchers attributed this trend owing to a slump in battery infrastructure investments in mainland China for the global slowdown, as the Asian economic []

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SECIs FDRE Tender Breaks New Ground With sub 5 Tariff at Rs 4.98/unit

In a historic moment, the country has witnessed awarding of Firm and Dispatchable Renewable Energy (FRDE) contracts at tariffs as low as Rs 4.98 per unit. This came in response to a tender issued by the Solar Energy Corporation of India (SECI) for a 630 MW of FDRE power. The move is likely to boost []

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