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Green Stocks June 4th: Adani Green Stock Price Sees Highest Drop

On a day when the country was tuned to the television and mobile sets to see the voters’ mandate, the stock market was reeling under the pressure of negative growth. All the green stocks we examine in our stock tracking everyday witnessed a decline. Adani Green stocks reported the highest fall in its stock price […]

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BGFA, Nuru SASU Collaborate To Scale-Up Mini-Grid Deployment In Congo

Beyond the Grid Fund for Africa (BGFA) and a company based in the Democratic Republic of the Congo (DRC), signed a new agreement, to establish a new mini-grid, which is expected to provide access to clean energy in the northeastern part of the country. This project is expected to provide access to electricity for residential, […]

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Indian Wind Turbine Maker Inox Wind To Go For Fund Raise

Indian wind energy company Inox Wind Limited (IWL) announced that its Board of Directors, in its recent meeting has approved the raising of funds in the company. With the board’s approval in place and further subject to shareholder and other regulatory approvals, the proceeds from the sale of IWL shares by IWL’s promoter Inox Wind […]

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Li-Ion Batteries To Face Competition From Long-Duration Storage: Report

Global energy research body BloombergNEF Research recently released a report analyzing the Long-Duration Energy Storage (LDES) growth and compared its efficacy with the popular Lithium-ion batteries. The study found that the LDES has witnessed rapid growth which garnered interest worldwide. The report anticipates that LDES will out-compete with lithium-ion batteries in some markets as decarbonization […]

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PM Surya Ghar Enters Mission Mode As MNRE Sets Up Directorate

The Ministry of New and Renewable Energy (MNRE) has now issued a notification to set up a Mission Directorate to expedite the growth of rooftop solar in the country. This comes months after Prime Minister Narendra Modi announced the ambitious PM Surya Ghar scheme this year to pave the way for the installation of residential […]

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Saatvik Solar Adds Bhasu Energy As Channel Partner For Telangana & AP

Haryana-based, Saatvik Solar, an Indian Solar PV module manufacturing brand has added Bhasu Energy System LLP as a dedicated channel partner for Saatvik Solar, leveraging its network and expertise to enhance the accessibility of solar PV modules throughout Telangana. The move follows the expansion of Saatvik’s manufacturing capacity to 3 GW. By joining hands with […]

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Sunniest Countries Failed To Tap Solar Power: EMBER

Solar capacity additions surged 74% in 2023, reaching a record 346 GW annual additions, according to a report by EMBER. The EMBER research showed that “Globally, only 14% of solar capacity was installed as of 2023 (204 GW) was in markets with solar insolation above the global average. Other countries such as, Japan saw 13 […]

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EU 2030 Net-Zero Targets Out Of Reach As Investments Plunge

The European Union (EU) is set to fall far behind its energy transition targets for renewable energy, clean technology capacity, and domestic supply chain investments, according to Rystad Energy research and modeling. The bloc’s capital investments (capex) in clean technologies – including renewables, carbon capture, utilisation and storage (CCUS), hydrogen, batteries, and nuclear – totaled […]

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