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Green Stocks August 23: Borosil Renewables Stock Goes Up 2.53%

On a day when the markets were mostly rangebound, it was the Green energy stocks, unsurprisingly, that did some heavy lifting. With most in the midcap or small cap space, price movements continued to be more volatile than the rest here. Leading the charge was Borosil Renewables with an over 2.5% gain, followed by Adani […]

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BC Jindal Group To Enter Renewable Sector With 5 GW Target

The Rs 18,000 crore BC Jindal Group, has announced its foray into India’s renewable sector today. The group has announced plans to invest around US $ 2.5 billion in this sector in the next 5 years. The group becomes the latest to make a strong commitment to the sector, attracted by its green credentials as […]

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Google in 1.5 GW Pact With Energix For Renewable Power, Credits

Energix Renewables, a leader in the U.S. renewable energy sector and part of the Energix Group, has  announced the signing of a strategic long-term agreement with Google. The agreement will initially cover 1.5GWp of solar project development until 2030. Future expansion options will include, Energix supplying electricity and Renewable Energy Credits (RECs) generated from its […]

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Borosil Renewable Seeks More Protection For Indian Solar Glass Firms

Indian solar glass manufacturer Borosil Renewable is now in favour of changes in government tender documents to ensure use of only ‘domestically produced solar equipment’ like solar glass. This, the management said, is needed to protect the Indian solar glass companies, which are plagued with the challenges emanating from the stiff competition from the Chinese […]

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Q1 Results: ReNew Sees 86% Decline In Net Profits

Renewable energy company ReNew today announced the financial results (unaudited) of first quarter of financial year 2024-25. The NASDAQ-listed company said that it has seen a surge in its operating capacity by around 24 percent Year on year. ReNew’s clean energy contracted portfolio was ~15.6 GW as of Aug 15, 2024. The company said that […]

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FY25: Waaree Renewable Looks Forward With 2.4 GW Orders

Waaree Renewable, the EPC arm of the Waaree Group, is now buoyed with a total of 2.4 GW of order book. The company, overwhelmed with its recent orders and its increased interest in government tenders now also expects a plum business for the solar EPC companies in India. The renewable company attributed this to the […]

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In India’s Renewable Push, UP’s Energy Crop Farmers See Little Hope

Ranjit Singh, 36, is a farmer in the Lakhimpur Kheri district of Uttar Pradesh. He owns 10 acres of fertile land in this region, which he mainly uses to grow sugarcane. After several months of arduous work on his farmland, he harvests this crop and sends it to his nearest sugar mill, around 12 km […]

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