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Telangana Government recently released its draft Renewable Energy Policy 2024 intending to increase its renewable energy capacity. The state currently has a total solar capacity of 4,842.10 MW while it has 128.10 MW of wind energy capacity. Telangana’s latest renewable energy policy aims to achieve 34 GW of solar capacity. It has planned to achieve […]
After yesterday’s strong show, it was time for a dose of reality, as the Nifty gave up some of its gains today. For Green Energy stocks as well, it was a similar story, with KPI Green correcting over 3%, with only Shakti Pumps (up over 4%) and Acme Solar clocking any notable gains. For others, […]
Indian solar module manufacturer Alpex Solar Ltd has announced the onboarding of Indian cricketing legend Rahul Dravid as its first-ever brand ambassador. Dravid, a former captain and head coach of the Indian national cricket team, joins Alpex Solar at a time when several solar companies are leveraging cricketers to boost awareness about clean energy and […]
The Securities and Exchange Board of India (SEBI) has approved the issuance of an Initial Public Offering (IPO) by Oswal Pumps. This move paves the way for the Karnal-based solar pump company to enter the stock market. The approval comes at a time when several solar companies and solar pump manufacturers have already entered the […]
Telangana-based Pennar Industries recently executed a Joint Venture Agreement with Zetwerk Manufacturing Businesses and others for the incorporation of a Joint Venture company. They entered the joint venture by subscribing to the equity share capital of the Joint Venture Company. Pennar Industries said in a regulatory filing, “The proposed Joint Venture company will be formed […]
On a day when the broader BSE Sensex spiked almost 1.8%, the green pack turned in a less than similar performance, with most stocks failing to keep up. Other than solar pump leader Shakti Pumps of course, which has enjoyed a stellar run these past two weeks. KPI Green, which turns ex-bonus tomorrow, was the […]
The Jharkhand Renewable Energy Development Agency (JREDA) has decided to expand the state’s current ground-mounted solar capacity from the current capacity of 21 MW. It has now put forth a tender in this regard too. The JREDA tender sought to expand the on-grid solar projects in the state by seeking expressions of interest (EOI) from […]
Cleantech Solar, a renewable energy solutions company recently appointed Sanjay Gupta as its Chief Executive Officer (CEO). Sanjay Gupta will succeed Sachin Jain, ensuring a seamless leadership transition, the firm said. Cleantech Solar remains steadfast in its mission to serve blue-chip corporate clients across Asia and accelerate the global energy transition. Sanjay Gupta is an […]
In an ominous sign of changing market dynamics, SECI’s 1000 MW Tranche XVIII tender for ISTS connected solar projects has attracted winning bids, all over Rs 3/kWh. The tender, released in September this year, has ReNew Solar Power( 250 MW at Rs 3.04), Acme Solar holdings (300 MW at Rs 3.05) and Adani Green Energy […]
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