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Inox Green Announces Intent To Acquire O&M Wind Service Provider

In a stock exchange filing, INOX Wind subsidiary Inox Green Energy Services Limited (IGESL) is close to the purchase of the majority ownership in a target company, that is a reputable Independent O&M Wind Service Provider with a 230+MW fleet that mostly serves South India. According to the firm, this acquisition is a result of []

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APTEL Reinstates Inox Subsidiarys 50MW Wind Project

Inox Wind on Wednesday said the Appellate Tribunal for Electricity (APTEL) has reinstated a 50 MW wind energy project in Kutch being undertaken by its arm at a tariff of Rs 3.46 per unit. Appeal No. 292 of 2021 filed by Wind Four Renergy Private Ltd (WFRPL), a wholly owned subsidiary of Inox Green Energy []

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Vikram Solar Hires Inox Winds Saibaba Vutukuri as New CEO

In a significant development, countrys one of the leading solar module maker Vikram Solar on Wednesday said that it has appointed Saibaba Vutukuri as its new Chief Executive Officer (CEO). After Vutukuris appointment, Gyanesh Chaudhary, who was earlier holding the post of Managing Director and CEO of Vikram Solar, will remain as the companys Managing []

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SECI Grants Extension to Inox for 250MW Wind Projects Commissioning

State-owned Solar Energy Corporation of India (SECI) has provided more time to Inox Wind, countrys one of the leading wind energy solutions provider, for the commissioning of its 250 MW ISTS connected wind projects in the state of Gujarat. The company said in a filing to the stock exchange that it has been granted time []

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Green Stocks March 7: Wind Stocks Fly High

On a day when the broader markets tended to trade with a negative bias most of the time. most of the green energy stocks did well to hold their own. While larger firms like Waaree Energies, Acme Solar, Premier Energies and NTPC Green gained, some like Adani Green, Tata Power continued to shed gains made []

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CESC Awards 150 MW Wind-Solar Hybrid Project To Purvah

Kolkata-based power utility supplier, Calcutta Electric Supply Corporation (CESC), recently awarded 150 MW of wind-solar hybrid project to to its subsidiary Purvah Green Power Private Limited (Purvah). This was to meant to procure power from grid-connected wind-solar hybrid power projects. The project also offers an additional 150 MW capacity under the greenshoe option.  The company []

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INOXGFL Group Forays Into Solar Modules, Cell Manufacturing

Noida-based wind energy company INOXGFL group has announced a foray into solar manufacturing through Inox Solar, a privately held entity by the promoters. The move ostensibly completes the groups interests across the entire renewable energy ecosystem. to make it what it hopes will be the one of the deepest integrated groups in India in the []

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Green Stocks Dec 02: Suzlon & Inox Stock Prices Increase

On the maiden working day of the week, most of the green stocks witnessed increased pricing. However, the winners remained the two wind manufacturing comapanies-Suzlon Energy and Inox Wind. While Suzlon witnessed a rise in its stock price by 4.99%, Inox Wind saw a rise of its stock price by 4.69%. The stocks of Adani []

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Supply Chain A Major Hinderance To APACs Wind Projects: GWEC

Offshore wind is grappling with supply chain challenges, particularly in accessing onshore wind nacelles. A GWEC report found that China is the dominant supplier in the Asian Pacific (APAC) region. According to Global Wind Energy (GWEC), China holds an 85% Onshore market share,  India and South Koreas nacelle capacity is focused solely on onshore projects, []

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