Green Stocks Jan 23: Recovery Continues To Evade Green Stocks Updated On Thu, Jan 23rd, 2025 by Saurenergy Today was one of those rare trading days when the market recovery outran any recovery in green stocks. So bad was the situation that even the news of Waaree Energies starting commercial production at its US plant did not move the stock, instead correcting by over 3%. While public sector SJVN did continue its weak […] Read more
KSERC Clears KSEBL’s PSA With SECI For 500 MW Project Updated On Thu, Jan 23rd, 2025 by Saurenergy The Kerala State Electricity Regulatory Commission (KSERC) recently reviewed a petition filed by the Kerala State Electricity Board Ltd. (KSEBL) seeking approval for a Power Sale Agreement (PSA) with the Solar Energy Corporation of India (SECI). The agreement entails procuring 500 MW of power, including 250 MW allocated for two hours of peak power supply […] Read more
Solar Manufacturing Firm Karamtara To Issue Rs 1750cr IPO Updated On Thu, Jan 23rd, 2025 by Saurenergy Solar manufacturing company Karamtara Engineering is all set to launch an Initial Public Offering (IPO) worth ₹1,350 crore. The firm plans to enter the Indian stock exchange to expand its business, particularly in the country’s renewable energy sector. The proposed IPO comprises a fresh issue of ₹1,350 crore and an offer for sale (OFS) worth […] Read more
Waaree Commences Commercial Solar Module Production In US Updated On Thu, Jan 23rd, 2025 by Saurenergy Waaree Solar Americas Inc., a wholly owned subsidiary of Waaree Energies Ltd has announced the commencement of commercial production of solar modules at its advanced manufacturing facility in Brookshire, Texas. The unit boasts a capacity of 1.6 GW. With the facility now fully operational, Waaree Solar Americas is set to produce solar photovoltaic (PV) modules […] Read more
Rajasthan: POWERGRID Commissions RE Evacuation Projects Updated On Thu, Jan 23rd, 2025 by Saurenergy POWERGRID Sikar Transmission Limited, a wholly owned subsidiary of Power Grid Corporation of India Ltd (PGCIL) today announced the commissioning its assigned work of augmenting the power evacuation from the solar energy zones of Rajasthan. The project was envisioned to evacuate 8.1 GW of green power from the zones. POWERGRID, in its filing before the […] Read more
News In Brief Jan 23: Nextracker, Saatvik bags EPC Contracts From HPPCL, Jindal Group Updated On Thu, Jan 23rd, 2025 by Saurenergy Saatvik Green Bags Solar EPC Contracts From HPPCL Saatvik Green Energy Limited, a solar EPC solutions provider has been awarded two solar EPC contracts by Himachal Pradesh Power Corporation Limited (HPPCL). The contracts, totaling 23 MW, include an 11 MW solar project in Lamlehri Upperli UNA and a 12 MW solar project in Gondpur Bulla […] Read more
Delayed Payment: MERC Asks MSEDCL To Pay Penalty To RE Firms Updated On Thu, Jan 23rd, 2025 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) has directed the state power utility, MSEDCL, to pay penalties with interest to two biomass energy generators for delayed payments. The order came after the two renewable energy generators approached MERC against MSEDCL over the issue. The two companies—Manas Agro Industries and Infrastructure Limited (MAIIL), Wardha, and MAIIL Nashik—had […] Read more
Green Stocks Jan 22: No Respite For Green Stocks Updated On Wed, Jan 22nd, 2025 by Saurenergy Other than the redoubtable Shakti Pumps, and a little upward move in Borosil Renewables, green stocks continued to seek support as selling pressure continued today. While market watchers attribute the weakness to the host of measures promised and some taken by the new Trump administration, it doesn’t quite explain the weakness in India. The weakness […] Read more
Sineng Electric Supplies ESS For North Africa’s First Utility-Scale Project Updated On Wed, Jan 22nd, 2025 by Saurenergy Sineng Electric, a global solar and energy storage solutions provider, joined forces with Trinasolar to supply its central PCS energy storage solution to the 300MWh Abydos Battery Energy Storage Project. The project is located in Kom Ombo, Aswan Governorate. It’s the first utility-scale energy storage project in Egypt, defining a new era for clean energy […] Read more
