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Following the assignment, in late November 2024, of the FIMER S.p.A. business complex, a leading Italian solar inverter designer and manufacturer, to MA Solar Italy Limited affiliated to the McLaren Applied Group, the acquisition procedure has been formally completed as planned. FIMER has been officially welcomed into the Greybull Capital and McLaren Applied family. The […]
We have been stressing how the margin for error is fine when it comes to green stocks and their valuations. And we saw it in full play in the contrasting market response seen to results from two of the Solar EPC firms in our green pack. While SWREL, which turned in a strong set of […]
Investment bank SBI Capital Markets (SBI CAPS), in a report on non-utility solar in India, has hailed 2024 as the year when non-utility solar finally crossed the 25% threshold in India. Declining module and EPC costs, coupled with cheaper cells expanding off-grid potential, facilitate solar adoption. Non-utility solar is poised for significant growth, with annual […]
Gensol Engineering Limited and Refex Green Mobility Limited have entered into a strategic tie-up for the transfer of 2,997 electric four-wheelers (e4Ws) owned by Gensol to Refex. This strategic tie-up will involve Refex eVeelz assuming Gensol’s existing loan facility, streamlining operations, and enhancing the deployment of e4Ws across key markets, including Chennai, Bengaluru, Hyderabad, Mumbai, […]
On a day marked by wild swings, many green stocks mounted a strong recovery, led by Adani Green Energy, which roared back after days of hammering with a 13% plus gain in the day. Adani’s price volatility may not be comparable to the others, as the group is still trying to untangle itself from the […]
US-based BrightNight, a global renewable power producer, recently commissioned the first phase of Optima Maharashtra, a 115 MW hybrid renewable power project in India. It’s also one of the first co-located wind-solar projects in Maharashtra. The project is located in Dharashiv, Southern Maharashtra, and spanning about 1400 acres, Optima Maharashtra integrates advanced wind and solar […]
As the market slumps, green energy stocks, most of which are in the small-cap and mid-cap space, continued to bear the brunt of even bigger falls, in keeping with the trend for the past two weeks. Leading the fall today by a wide margin was Waaree Renewable Technologies Limited, as the EPC arm of the […]
S&P Global Commodity Insights, an independent provider of information, analysis, data, and benchmark prices for the commodities, energy, and energy transition markets, has released its latest report on the pivotal trends in clean energy technology for 2025. The report said that investments in the clean energy sector might reach $670 billion in 2025. “S&P Global […]
SafEarth is looking for experienced site engineers to lead deployment of quality solar plants on various sites across the country. The selected candidates will be responsible for leading the on site construction team and monitoring the quality and safety of the work being conducted by them Job Responsibilities:- Leading the site team to ensure that construction […]
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