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Adani Green Energy Arm Awarded 150 MW Solar Tender in Gujarat

The project is expected to be commissioned by October-December quarter of the 2020-21 financial year. Adani Green Energy in a recent regulatory filing has announced that its wholly-owned subsidiary Adani Renewable Energy Park (Gujarat) has been awarded a tender to set up 150 MW of solar power projects in the state of Gujarat. The project is expected []

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Adani Green Energy Arm Mahoba Solar Bags 390MW Hybrid RE Project

The project is expected to have a solar generation capacity of 360 MW and wind generation capacity of 100 MW. Mahoba Solar (UP) Private Limited, a wholly owned subsidiary of Adani Green Energy has been awarded 390 MW of capacity in hybrid renewable energy project. The tender for which was floated by the Solar Energy []

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Solar Power Juggernaut Will Keep Rolling Despite Higher Taxes Under GST

According to a list of 1,211 items released after the meeting of the GST Council, which comprises finance ministers of all the states of the Union, Photosensitive semiconductor devices; including solar photovoltaic cells, whether or not assembled in modules or made up into panels, will be charged at a rate of 18 Goods and Services []

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Vibrant Gujarat Summit to fuel Renewable Rnergy MoUs of worth Rs 1 lakh crore

Renewable Energy MoUs worth Rs 1 lakh crore to get signed in Vibrant Gujarat Global Summit 2017 After remaining quiet for some time, the renewable energy sector in Gujarat is waiting to buzz again this Vibrant Gujarat Global Summit (VGGS). This is evident from renewable energy projects worth a massive Rs 1 lakh crore of []

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Green Stocks Jan 17: The Volatility Problem of Green Energy Stocks

On the last day of the week, it was yet another day when green energy stocks struggled to retain gains made. But its time to talk about a bigger issue with these stocks. Too much volatility. It is almost as if some of these stocks deal only in circuit breakers when it comes to price []

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Green Stocks Jan 16: Strong Day For Green Stocks

We have been stressing how the margin for error is fine when it comes to green stocks and their valuations. And we saw it in full play in the contrasting market response seen to results from two of the Solar EPC firms in our green pack. While SWREL, which turned in a strong set of []

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Green Stocks Jan 14: The Rollercoaster Continues

On a day marked by wild swings, many green stocks mounted a strong recovery, led by Adani Green Energy, which roared back after days of hammering with a 13% plus gain in the day. Adanis price volatility may not be comparable to the others, as the group is still trying to untangle itself from the []

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Green Stocks Jan 13: Seeking a Bottom, Stocks Continue Slide

As the market slumps, green energy stocks, most of which are in the small-cap and mid-cap space, continued to bear the brunt of even bigger falls, in keeping with the trend for the past two weeks. Leading the fall today by a wide margin was Waaree Renewable Technologies Limited, as the EPC arm of the []

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Green Stocks Jan 9: Slide Continues Unabated For Green Stocks

The slide in prices continued to weigh down most of the stocks, as all, except Borosil Renewables, and Acme Solar suffered losses today or barely held on. While Acme Solar rode the announcement of a small commissioning, that is clearly no guarantee of stock performance in the future, as broader market sentiments shift. For now, []

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