Green Stocks Feb 6: Performance Matters Is the Only Mantra, As KPI Green Shines Updated On Thu, Feb 6th, 2025 by Saurenergy With a sterling 60% growth in topline and 80% plus in the bottom line, KPI Green was one of the few stocks to withstand another day of selling pressure among our green stocks today. Almost all other stocks other than Borosil Renewables, felt the pressure, dropping slightly, appreciably, or barely staying in the green like […] Read more
CSP Capacity Needs To Touch 196.7 GW By 2030: Report Updated On Thu, Feb 6th, 2025 by Saurenergy A latest report from the International Renewable Energy Agency (IRENA) claimed that in a scenario aligned with the Paris Agreement, global installed Concentrated Solar Power (CSP) capacity will need to reach 196.7 GW by 2030. The report dealt with various issues related to the growth and challenges to the sector. The report said that global […] Read more
Renewable Energy Tariffs Drop 50% Since FY 2013-14: Govt Updated On Thu, Feb 6th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) said that renewable energy tariffs in the country have gone down up to 50% since 2013-14. The information was furnished by the ministry before the Parliament in a written reply. Mentioning the range of tariff rates, the MNRE Minister Pralhad Joshi said, “The range of tariffs discovered […] Read more
H.G. Infra Sets Up Subsidiary To Expand Into BESS Sector Updated On Thu, Feb 6th, 2025 by Saurenergy Gujarat-based H.G. Infra has expanded into the Battery Energy Storage System (BESS) segment with the incorporation of its new subsidiary, ‘H.G. Gujarat BESS Private Limited’. The H.G. Infra announced the incorporation of the subsidiary in a regulatory filing. It said, “This Special Purpose Vehicle (SPV), H.G. Gujarat BESS Private Limited, has been incorporated as a […] Read more
APTEL’s Relief To ACME Over COVID-Linked ‘Force Majeure’ Updated On Thu, Feb 6th, 2025 by Saurenergy The Appellate Tribunal For Electricity (APTEL) has now ordered in favour of ACME Heergarh Powertech Private Limited in a case related to force majeure, triggered by the COVID pandemic. The judgment was passed after the petitioner (ACME) approached the apex body by challenging an impugned order, earlier passed by the Maharashtra Electricity Regulatory Commission (MERC). […] Read more
Amazon To Add Three New Wind Farm Projects Across India Updated On Thu, Feb 6th, 2025 by Saurenergy American multinational technology company, Amazon has invested in three new wind energy projects across India, further expanding its presence in India. The new projects include wind farms in Karnataka, Maharashtra, and Tamil Nadu. Its latest investment expands the company’s renewable energy portfolio in India which now comprises 53 solar and wind projects nationwide.The new wind farms […] Read more
Q3 Results: KPI Green Revenues Up 60%, PAT Grows 86% In Q3 Updated On Thu, Feb 6th, 2025 by Saurenergy Gujarat-based KPI Green Energy continues to demonstrate strong financial growth, with an increase in its turnover in the third quarter of FY 2024-2025 (Q3 FY 2024-2025). The company’s total revenue recorded, Rs. 466.1 crore, reflected a 40.6% increase from 331.33 crore in Q3 FY 2023-2024. This growth is driven by expanded project execution, increased capacity […] Read more
Green Stocks Feb 5: Cautious Recovery Continues For Green Stocks Updated On Wed, Feb 5th, 2025 by Saurenergy On a day when the midcap and small-cap indices were strong, the green energy cap also made the most of the recovery in the air. While Shakti Pumps was back at the upper circuit limit, seeking a return to previous highs, Adani Green also staged a smart recovery to trade well over Rs 1000 again. […] Read more
5 Reasons Why BESS Will Be a Focal Point of Energy Business in 2025 Updated On Wed, Feb 5th, 2025 by Saurenergy Battery Energy Storage Systems (BESS) are a very crucial component of the renewable future that the world envisions. Recent years saw a tremendous increase in renewable energy and with it energy storage solutions, like BESS, emerged as a missing piece of the puzzle in competition against fossil-based power to dominate the energy sector. As a […] Read more