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RVUNL Storage Tender Attracts Bids At Rs 2.21/kWh, A New Low

Energy storage tenders continued their steep decline from last year, as RVUNL’s 500 MW/ 1000 MWh standalone BESS tender, which comes with a 30% VGF support, attracting bids at Rs 2.21 lakhs /MWh.   Solar World Energy led with the lowest bid and an award of 125 MW/250 MWh, while Oriana Power won 50MW/100 MWh with […]

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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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Europe: Solar Surpasses Coal With 11% Growth In 2024

European Union (EU) in 2024 witnessed an 11% rise in solar-generated electricity overtaking coal which fell below 10%. European Electricity Review by Ember said. The latest review by think tank Ember, identified, a decline in gas generation in the EU for the fifth year in a row, and total fossil generation also fell to a […]

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IEX Q3 Results-Revenues Up 13.7%, PAT Up 22.8%

Indian Energy Exchange (IEX), the largest electricity trading exchange in India, has reported its results for the third quarter of FY25. The firm reported electricity volumes of 30.5 Billion Units in Q3FY’25, a 15.9% increase from 26.3 BUs in Q3 FY’24. Renewable energy certificates in Q3FY’25 at 26.52 lakhs, increased 31% from 20.24 lakh in […]

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The Surprising Country Investing Big In Energy Storage

In common perception, the drive towards a green energy transition is placed as a tussle between those who want green, clean energy, and those who depend on fossil fuels, and hence do everything to delay or discredit the transition. The pronouncements by President Trump, to ‘drill baby drill’ for that country’s oil and gas sector, […]

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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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Green Stocks January 20- Mixed Day for Green Stocks As Trump Impact Looms

Green energy stocks had a mixed day today as the market looks for cues from the incoming Trump administration. While everyone is hopeful that the new President will continue to blow hot and cold but look for ‘deals’ eventually, worries on India’s solar exports do not seem to be top of the mind, going by […]

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5 Reasons Why Green Hydrogen Faces A Wall Of Skepticism

Heightened coverage Green hydrogen has been the new normal for over three years now. Many supporters have regularly drummed up its prospects, as a fuel that could decarbonise some of the most difficult to clean sectors of the economy. The skeptics have always asked one straight question. When, and at what price? Because, quite simply […]

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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 it’s 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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