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As India Goes Past 100 GW Solar Milestone, No Time To Rest

If ever there was a better use of the term turning point, inflection point, or simply the year when everything fell into place, 2024 would probably come the closest for the Indian solar market. These 365 days proved to be a harbinger of several good news for the different stakeholders in the industry, including solar […]

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Green Stocks Jan 28: Big Losses Outweigh Small Gains For Green Stocks

On a day of immense volatility, green energy stocks failed to arrest the decline seen in the recent past, with losers outnumbering gainers by a margin. Where stocks did manage to stay in the green today, like NTPC Green or Waaree RTL, it was only after steep falls from their recent prices. In the case […]

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Green Stocks Jan 27: Green Stocks Succumb To Gravity In A Weak Market

On a day when the Nifty was down over 1%, green energy stocks, almost all of which trade at multiples higher than the Nifty index stocks, suffered today. Borosil Renewables, Shakti Pumps, SWREL, and KPI Green all tested the power circuit limits. Others with higher circuit limits suffered even more, as Acme Solar sank over […]

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Green Stocks Jan 24: The Slide Turns Into a Rout

The broader decline in the market has turned into a rout for small caps and mid-caps, and most of the green caps were no exception. The secular decline seen across the board points to weak hands finally capitulating to withdraw from the market and lick their wounds, so to say. While it might be too […]

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NHPC Awards 1.2 GW Solar-Plus-Storage Tender To Six Bidders

NHPC, the Navratna company, has announced six winners of its 1.2 GW solar plus storage project. This is NHPC’s one of the first Solar + ESS tender. The project offers a 600 MW/1200 MWh energy storage system (ESS). NHPC allotted the project to Onix Renewables at Rs. 3.09/kWh and three other companies: Jindal India Renewable […]

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Green Stocks Jan 23: Recovery Continues To Evade Green Stocks

Today was one of those rare trading days when the market recovery outran any recovery in green stocks. So bad was the situation that even the news of Waaree Energies starting commercial production at its US plant did not move the stock, instead correcting by over 3%. While public sector SJVN did continue its weak […]

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NGEL Issues Bids To Procure Inverters For TN Solar Project

NTPC Green Energy Limited​​ (NGEL) an umbrella company for the green business initiatives of NTPC recently issued a tender to procure spare inverters for the Ettayapuram Solar Plant. This project aims to develop a 230 MW grid-connected solar project. The project falls under the CPSU Scheme Phase II (Tranche-II). The project is located in Ettayapuram, Tuticorin, […]

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Green Stocks Jan 22: No Respite For Green Stocks

Other than the redoubtable Shakti Pumps, and a little upward move in Borosil Renewables, green stocks continued to seek support as selling pressure continued today. While market watchers attribute the weakness to the host of measures promised and some taken by the new Trump administration, it doesn’t quite explain the weakness in India. The weakness […]

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Green Stocks Jan 21: Shakti Pumps Stands Still Amid Slowdown

On the day of a slowdown of the market indices, affecting the stock prices of the majority of the green stocks, Shakti Pumps remained in high spirits. The Madhya Pradesh-based solar pump manufacturer recorded a 5 percent hike in the values of its stock today. This was the highest increase in stock prices of any […]

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