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Green Stocks Nov 22: Market Rebounds, Green Stocks Trail

For once, a strong day at the markets left Green Stocks behind. Of course, not all stocks were left behind, as Waaree Renewable Technologies, after a couple of weeks in relative obscurity, shone with a 5% jump. A surprising performance came from Shakti Pumps, which gave up most gains of the week to end over […]

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Sungrow Ink Supply Deal For 1.7 GWh ESS To Raystech, Solar Juice In Australia

Sungrow, the leading global PV inverter and energy storage system provider, signed a distribution agreements with Raystech Group and Solar Juice Group. Under these agreements, Raystech Group (1GWh) and Solar Juice Group (700MWh) collaborate to distribute 1.7 GWh of Sungrow’s C&I energy storage systems over the next three years.  Raystech Group can leverage its technical […]

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CIL Invites Bids For 40 MW Solar Project To Power MP Coal Plant

To bring renewable energy to coal power stations in Madhya Pradesh, Coal India Limited (CIL) has invited bids to develop a 40 MW solar power project at Johilla Area, Umaria in Madhya Pradesh. The last date for bid submission is December 27, 2024. The bidder for this project is expected to develop. The tender also […]

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5 Ways To Decarbonise Power Hungry Data Centers?

Data centers worldwide are known for their substantial electricity consumption, which powers the ever-growing data business. As global corporate giants continue to invest in this sector and expand across borders, reducing carbon emissions has become crucial. Dependence on conventional power grids increases the carbon footprint of these data centers due to their significant power requirements. […]

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COP29: Azerbaijan Concludes First RE Auction At Tariff Of $3.540 Cents/kWh

Azerbaijan recently concluded its first ever renewable energy auction with technical assistance from the European Bank for Reconstruction and Development (EBRD). The outcome of the competitive auction was announced at the United Nations Climate Change Conference in Baku (COP29). In the auction ran by Ministry of Energy, Universal International Holding Limited submitted the lowest bid, […]

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Tata Power, ADB Seal $4.25Bn Deal To Finance 966 MW RE Projects In India

Tata Power, an integrated power company, and the Asian Development Bank (ADB) recently signed a Memorandum of Understanding (MoU) coinciding with the ongoing Climate Conference (COP29) at Baku, Azerbaijan. This deal evaluates financing for its several projects and to enhance India’s power infrastructure, and promote renewable and clean energy.  The MoU outlines the evaluation of […]

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Green Stocks Nov 21: Adani Crash Headlines Poor Day For Green Stocks

On a day when the crash in the stock of Adani Green Energy took most of the attention, almost all green energy stocks save Wind equipment maker Suzlon suffered. Though obviously not at the scale of Adani Green Energy, which slumped almost 18%. For the rest, it was a matter of trying to limit losses, […]

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Majority Of Punjab’s Govt Buildings Not Solarised, Indicates Data

The latest data released by the Punjab Energy Development Agency (PEDA) reveals that the majority of government buildings in the state lack access to solar power. Most of these buildings do not have rooftop solar facilities, indicating a heavy reliance on grid electricity. This data emerges at a time when several state governments are actively […]

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News In Brief Nov 21: ADB, Solomon Islands & Tonga Sign Agreements, Scatec, Biden-Harris Administration Awards

ADB, Solomon Islands, Tonga Sign Agreements for Sustainable Energy Transition Projects at COP29 The Asian Development Bank (ADB) and the governments of Solomon Islands and Tonga have signed grant and loan agreements for energy projects on the sidelines of COP29. The ADB-supported projects will help the Pacific countries to transition from dependency on diesel fuel […]

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