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renewable power in India

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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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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REC Prices At Power Exchanges Take A Dip After Tweak In Rules

With a tweak in the regulations related to Renewable Energy Certificates (RECs), the Indian Power Exchanges has seen its increased trading. The domestic power exchanges like IEX claimed that with an increase in its trading, the prices of the same have shrunk.  The top management of IEX in its recent investors call told its investors […]

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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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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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NTPC Issues Tender For 1200 MW FDRE Projects Across India

NTPC invited online bids for the selection of renewable energy (RE) power generators for the supply of 1200 MW firm and dispatchable power from inter-state transmission system (ISTS) connected Renewable Energy (RE) power projects anywhere in India on a built-own-operate basis. Tender Cost: Rs. 22,500 Document Sale Start Date: 07/06/2024 at 09:00 Closing Date: 28/06/2024:at […]

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India’s Peak Power Demand Smashes 2023 Peak, Touches 250 GW

The Indian power sector met a record maximum power demand of 250 GW on 30th May’24 whereas, the non-solar demand touched an all-time high of 234.3 GW on 29th May This spike in power demand reflects the combined impact of weather-related loads and growing industrial and residential power consumption in these areas. On 30th May, […]

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Changing Dynamics: Indian Green Firms Shift Focus On Energy Storage

In March 2022, India’s leading renewable energy company Adani Green Energy Limited (AGEL) collaborated with another Indian leading player in the energy storage systems–Greenko. The partnership was to seek the Hyderabad-based company’s assistance in getting Round-The-Clock (RTC) power for AGEL’s projects through Greenko’s PSP assets. PSPs are often termed as giant batteries which can storage […]

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Green Stocks May 30: Waaree Renewable Stock Price Jumps

On May 30th, three companies’ stock prices went for a rise. On the other hand, other green companies witnessed a decline in their stock prices. Waaree Renewable registered a 5% rise in their stock prices while Shakti Pumps saw a 2.65% rise in its stock price. Whereas, SJVN witnessed a major dip of 4.26% followed […]

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