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Green Energy To Outpace Fossil Fuel In Middle-East By 2040: Rystad

Renewables capacity in the Middle East is set to soar in the coming years, with green energy sources outpacing fossil fuel usage in the power sector by 2040, according to Rystad Energys latest research. Solar photovoltaic (PV) is expected to emerge as the predominant source, accounting for more than half of the regions power supply []

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Green Stocks May 24: Waaree, Inox See Highest Rise Of Stock Prices

In the last one day, two out of 12 green stocks witnessed a 5 percent rise in their stock prices. These includedInox Wind Energy, and Waaree Renewable leading the way with a 5% each. On the other hand, remaining green companies witnessed a decline with Suzlon Energy, taking the hit with 4.99% dip. Other companies []

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Top 5 Reasons Why the US is Poised To Make An Impact in Energy Storage

In the race towards a sustainable future, battery technology is emerging as a critical component. Batteries are vital for the renewable energy revolution, essential for the functioning of electric vehicles (EVs), and pivotal for energy storage systems that stabilize power grids. For years, China has held a dominant position in the global battery market, but []

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Soleos Solar Energy Secures Rs 48.5 Crore Renewable Energy Funding

Soleos Solar Energy has announced that it has raised Rs 48.5 crore for portfolio development and working capital for the renewable energy business. According to a release from Soleos Solar Energy, participants in the investment round included Faruk G Patel, CMD of KP Group, Pawan Agarwal, Head of PCG at InCred Capital, Madhuri Madhu Kela, []

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Green Energy Stocks May 22- Developers Day, As EPC Firms Lose Out

It was a tough day for EPC players listed on the stock markets today, as Waaree Renewable Technologies remained locked at the lower circuit, and was joined by Shakti Pumps as well. Seeing a reversal was also Sterling and Wilson Renewable Energy, while KPI Green managed to escape with a relatively lower price drop. What []

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Orb Energy Launches 35 MW Solar Park In Karnataka

Orb Energy has launched a 35 MW (DC) ground-mounted solar park in Arsikere in the Hassan district, a significant player in the Indian solar power business, the firm announced on Tuesday. This 110-acre solar park, which produces 5.24 crore units of green power annually and offsets 45,000 tons of carbon dioxide, was built especially to []

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Insolation Energy Reaps Gains With Record FY24 Numbers, Plans Expansion

Rajasthans leading solar firm, Insolation Energy Limited (INA Solar), has announced impressive financial results for the fiscal year ending March 31, 2024. The company reported a turnover of Rs 741.32 crore, a substantial increase of 165% from the Rs 280.05 crore recorded in the previous fiscal year. Gross margins surged by 237%, reaching Rs 111.65 crore []

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Green Stocks May 17: Shakti Pumps Sees Jump In Largest Stock Prices

Shakti Pumps remained the largest beneficiary today in terms of the rise in stock prices among the green stocks. The Indore-based company reported a five percent surge in its stock price. Sterling and Wilson reported the second-highest surge in its stock price if 3.71%. Company name Closing Price On May 16 Closing Price on May []

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SaurEnergy Explains: A Guide to Green Power Trading

The world has witnessed exponential growth in the renewable energy sector, particularly over the last decade, as the importance of renewable energy has become common knowledge. According to one IRENA report, 2023 set a new record in renewables deployment in the power sector by reaching a total capacity of 3,870 Gigawatts (GW) globally. Furthermore, renewables []

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