Green Energy Developer Acme Solar’s IPO To Open On Wednesday, Nov 6 Updated On Mon, Nov 4th, 2024 by Saurenergy ACME Solar Holdings Limited’s Initial Public Offering will open on Wednesday, November 06. The company has set a price band at ₹275/- to ₹289/- per Equity Share, indicating final pricing in all probability at Rs 289 for each share with a face value of Rs 2 , considering the high demand for green developers. RHP […] Read more
NTPC, ONGC Form JV For Renewable Energy Updated On Mon, Nov 4th, 2024 by Saurenergy Maharatna PSUs NTPC and ONGC have collaborated to form a Joint Venture Company (JVC) through their Green Energy Subsidiaries (NTPC Green Energy Ltd. and ONGC Green Energy Ltd.) to further promote their interest in renewable and new energy arena. Subsequent to the signing of the Joint Venture Agreement on 7th February 2024, during India Energy […] Read more
Green Stock Oct 30: Green Stocks Witness Minor Recoveries Updated On Wed, Oct 30th, 2024 by Saurenergy Most green stocks have now shown minor recovery from the losses due to a downfall in their share prices. Today, most of the green stocks reported positive growth. The highest growth was reported by Waaree Renewable Technologies which reported a 5 percent growth. Only two stocks–JSW Energy and Suzlon reported negative growth. For the last […] Read more
Green Stock Oct 29: Listless Day For Green Stocks As Holiday Mood Sets In Updated On Tue, Oct 29th, 2024 by Saurenergy Even as the market remained volatile, our green energy pack had a broadly listless day, with most stocks, other than JSW Energy which jumped over 5%, remaining range bound, with a bias towards sudden slippages. That is also a hazard of the lower trading volumes these stocks generally attract, especially the small cap stocks like […] Read more
ALMM: India’s Enlisted Module Production Capacity Crossed 60 GW Updated On Tue, Oct 29th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) today issued the fresh Approved List For Models and Manufacturers (ALMM) for the solar module makers. The latest list saw a surge in the enlisted production capacity of Indian solar module manufacturers. With the inclusion of the new enlisted capacities, India’s cumulative enlisted domestic module manufacturing capacity […] Read more
Powerica Wins 50 MW Wind Energy Project From SECI Updated On Tue, Oct 29th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) recently announced power generation company Powerica as the winner of its 50 MW auction out of the total 500 MW wind project. The company secured the project at a tariff rate of ₹3.81 per unit. The initial tender was intended for a 500 MW project. However, SECI has […] Read more
Oct 28: Mixed Performance For Green Stocks Updated On Mon, Oct 28th, 2024 by Saurenergy On a day when the markets finally reversed the downward trend, green stocks benefited broadly as well. the highlight of the day was no doubt the debut of Waaree energies limited, which listed at an over 50% premium and maintained that level by closing. Even that amazing start may have disappointed many observers who were […] Read more
Ramakrishna Forgings Invests Rs.12.90 Cr In Green Energy Deal With AMP Energy Updated On Mon, Oct 28th, 2024 by Saurenergy Ramakrishna Forgings, a metal forming company, recently made an investment of Rs. 12.90 crore in the form of equity and debentures in AMP Energy C&I Fifteen. The Kolkata-based company entered into Share Subscription and Shareholders Agreements, along with other relevant agreements, with the AMP Energy subsidiary for the procurement of solar power under a captive […] Read more
Solar’s IPO Rush: How Sustainable is it? | Saur Energy International Magazine Oct 2024 Updated On Mon, Oct 28th, 2024 by Saurenergy When people look back on the evolution of solar manufacturing in India, 2024 will be looked upon as a milestone year. For while much has happened in the previous two years to bring us to this turn, there is no doubt that 2024 will stand out for the way the capital markets welcomed solar firms. […] Read more
