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Green Stocks April 7- Stocks Endure Another Trump Induced Rout

As what is primarily a US-China slugfest continued, stock markets around the world bore the brunt, dropping by 4% to 13%. India’s Indices had it relatively easy, coming in among the few to drop less than 5%. If that sounds like a win, then the performance of India’s green energy stocks versus Chinese giants listed […]

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China Solar Firms Hope For a Quick Resolution Of US Tariff Tussle

As global markets swoon over the US tariff action, and China’s surprising retaliatory response with a 34 percent tariff on US imports to that country, China’s solar titans hope that better sense will prevail in due course, sooner rather than later. With stock prices for both Jinko (NYSE listed) and Longi (Shanghai SSE listed) down […]

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No Viability Gap Funding Released For BESS In FY25: Govt

The Ministry of New and Renewable Energy (MNRE) said that it has not issued any viability gap funding (VGF) for battery energy storage system in FY25. The Union Cabinet approved the Viability Gap Funding (VGF) scheme for Battery Energy Storage Systems (BESS) on September 6, 2023, to support sector development. Under the scheme guidelines, 10% of […]

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FY 25: IEX Registers 121 Billion Units of Power Traded

In its March update, Indian Energy Exchange, has achieved its highest ever electricity traded volume of 121 BUs in FY’25, registering an increase of 19% Year-Over-Year (YoY). IEX also recorded the highest-ever yearly trade of RECs in FY’25. A total of 178 lakh Renewable Energy Certificates were traded during the year, marking a 136 % […]

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Green Stocks April 3- Stocks Shrug Off Tariff Noise To Enjoy A Breather

On a day when the markets struggled to decide just how bad US tariffs on India could be, immediately or in the long term, the immediate consensus seems to be business as usual. Thus, most of our green energy stocks with an overwhelmingly domestic focus did relatively well today, save for Waaree Energies, which is […]

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Why Is Public EV Charging So Expensive?

Owning an electric vehicle in India is as much a going green decision as saving money while using it. Since EVs have higher upfront costs when compared with a similar vehicle that has an internal combustion engine, the justification for saving money after using it is only if you will use it for as much […]

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Smart Meters To Boost Discom Revenue By ₹4L Crore Over 7 Years: CareEdge

Smart meter deployment which currently stands at 5-6%, needs acceleration in India as it lags behind developed nations like Japan (100%) and the USA (73%), as well as the global average of ~43%, finds a recent CareEdge Report. The study highlighted an urgent need to bridge this gap and enhance energy efficiency.  The report highlighted […]

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