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Green Stocks June 7: Renewable Stock Prices On A Recovery Spree

Stock prices of Indian renewable energy companies seemed to be a on a recovery mode after a crash in their prices on the poll results. Except three companies-Adani Green, Waaree Renewable and JSW Energy, the stock prices of all other green energy companies seemed to be on a revival mode. The highest growth was reported […]

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Changing Renewable LCOE Dynamics To Favour Big Companies: Report

A latest report by Lazard on the Levelized Cost of Energy (LCOE) claimed that the changing dynamics of LCOE is the United States (US) is likely to benefit the larger companies. It said that the results of its LCOE analysis hinted that sizable and well capitlized companies can take advantage of the supply chain and […]

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Green Stocks June 6th: All Renewable Energy Stock Prices Shoot Up

Days after the a roller costar ride, green energy stocks saw a rise in their prices. With no exception, all the renewable energy firms saw rise of their stock prices. The highest growth was reported by KPI Green Energy which saw 5% rise in its stock price. It was followed by Sterling & Wilson which […]

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ReNew Results for Q4 And Full Fiscal Year 2024- Net Profit Rises To $50 Million

Nasdaq listed, Sumant Sinha led  ReNew Energy Global Plc , has announced its unaudited consolidated IFRS results for Q4 FY24 and year ended March 31, 2024. Operating Highlights: • As of March 31, 2024, the company’s portfolio consisted of ~13.5 GWs, of which ~9.5 GWs are generating revenue and ~4 GWs are committed, compared to […]

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Maruti Suzuki To Invest Rs 450cr In Renewable Energy Adoption

Maruti Suzuki India Limited, an Indian subsidiary of Japanese automaker Suzuki Motor Corporation recently announced that it has earmarked an investment of Rs. 450 crores to expand its usage of renewable energy solutions in the next three years. In FY2023-24, Maruti Suzuki invested Rs 120.8 crores towards commissioning renewable energy initiatives like solar power and […]

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India Needs To Increase Renewable Deployments: IEA Report

A latest report by the International Energy Agency (IEA) said that countries like India, European Union and the United States needed to accelerate the pace of deployment of renewable energy. The global energy think tank said that the acceleration is needed for India to achieve it target of ensuring 500 GW of capacities from non-fossil […]

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Borosil Renewables Plans To Go For Fund Raise

Indian solar glass manufacturer-Borosil Renewable has now planned to for fund raise to strengthen its financial, the company recently told its investors. This has come at a time when the company has reported lower than expected profitability in the latest Q4 and annual financial results. The company’s Board has also approved the fund raise. Borosil […]

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JSW To Make Alloy-Coated Steel For Domestic Renewable Energy Sector

JSW Steel is bringing Zinc-Magnesium-Aluminium alloy-coated steel products into the domestic Indian market which is expected to spur demand for its product JSW Magsure from the domestic renewable energy sector but also from other allied end uses. So far the coated steel was imported from foreign nations while renewable energy companies purchase it at a […]

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