NTPC Green Energy plans $1.2 billion IPO Updated On Thu, Sep 19th, 2024 by Saurenergy State-owned NTPC’s green arm, NTPC Green Energy, has filed draft papers for an initial public offering (IPO) to raise about $1.2 billion (about ₹10,000 crore). NTPC Green Energy, floated in 2021, was set up with the express purpose of a dedicated approach to green energy capacity creation for NTPC, which has a target of 60 […] Read more
Green Stocks Sep 13: Another Strong Week Despite A Wobble In Adani Green Energy Updated On Fri, Sep 13th, 2024 by Saurenergy This week closed with a broadly positive end for the green stocks pack, with even new entrant Premier Energies closing over 100% above its listing price of 450 a week back, despite the losses this week. Sterling and Wilson Renewable Energy (SWREL) posting a 3.00% increase in stock price. Waaree Renewables, KPI Green Energy, JSW […] Read more
Solarium Green Energy Limited Is BSE Bound, Files DRHP With BSE Emerge Updated On Fri, Sep 13th, 2024 by Saurenergy Ahmedabad-based Solarium Green Energy, specializing in Turnkey solutions for solar projects, including design, engineering, procurement, testing, installation, commissioning, transmission systems, and comprehensive O&M services, has filed its Draft Red Herring Prospectus with BSE SME in preparation for the IPO, The issue size will be of up to 55,00,000 Equity Shares. The objective of the issue […] Read more
Maharashtra Discom Issues Green Energy Open Access Norms Updated On Tue, Sep 10th, 2024 by Saurenergy The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has now issued guidelines for the roll out of green energy open access in the state. This comes after the Maharashtra Electricity Regulatory Commission had notified its MERC (Distributed Open Access) (Second Amendment) Regulations 2023. The latest regulation allows consumers with contracted demand of 100 kw or […] Read more
Borosil Renewable In Deal With Clean Max For Green Energy Updated On Thu, Sep 5th, 2024 by Saurenergy Indian solar glass manufacturer Borosil Renewable has announced acquiring 49 percent stake in Clean Max Prithvi Pvt Ltd (CMPPL) and Clean Max Enviro Energy Solutions Pvt Ltd. The Mumbai-based company in its recent filing before the Bombay Stok Exchange (BSE) said. Indian open access law requires offtakers to acquire proportionate stakes in firms supplying green […] Read more
Green Stocks Aug 30: KPI Green Energy, Shakti Pumps Stocks Shine Updated On Fri, Aug 30th, 2024 by Saurenergy This week’s stock market closed on a brighter note, with the majority of green energy stocks witnessing positive growths. KPI Green Energy and Shakti Pumps showed upward movement, with their stock prices rising by 4.79% and 3.57%, respectively. Other companies whose stock prices gained today included Waaree Renewable Technologies, Sterling and Wilson Renewable Energy, TATA […] Read more
Senvion Secures 86.4 MW Order From Continuum Green Energy Updated On Thu, Aug 29th, 2024 by Saurenergy Wind turbine manufacturer Senvion India announced a new order of 86.4 MW from Continuum Green Energy in Gujarat. With this order, Senvion will be delivering a total of 270 MW across five projects to Continuum. Senvion India was acquired by Saudi Arabia based Alfanar in 2021 from its German parent, Senvion Gmbh. At the time […] Read more
RMC Green Energy Gets 50 MW RE Park Project In Rajasthan Updated On Wed, Aug 21st, 2024 by Saurenergy RMC Green Energy Pvt. Ltd. has recently secured approval to establish a 50 MW Renewable Energy Park in Rajasthan. A subsidiary of RMC Switchgears Limited, the company received the green light from the Rajasthan Renewable Energy Corporation under the Rajasthan Renewable Energy Policy 2023. This milestone marks a significant step for RMC Green Energy as […] Read more
Continuum Green Energy Secures $150Mn To Deploy RE Projects Across India Updated On Tue, Aug 20th, 2024 by Saurenergy Continuum Green Energy (Continuum), a leading renewable energy group in India serving commercial and industrial consumers, has entered into a definitive agreement with Just Climate. Under this agreement, Just Climate will invest Rs. 12.56 billion (approximately US$ 150 million) in new equity to support Continuum’s ongoing deployment of wind-solar-hybrid energy generation and storage projects across […] Read more
