Green Stocks Nov 28: Adani Bounce Back Continues, NTPC Green Shines Updated On Thu, Nov 28th, 2024 by Saurenergy Following its strong recovery yesterday, Adani Green Energy continued its sharp recovery, rising 10% again today. Keeping it company was the newly listed NTPC Green, which rose almost 5% to 127 on the back of a project commissioning. Waaree Renewable Technologies powered up 5% after its announcement late last evening of a 2 GW project. […] Read more
Gujarat, Maharashtra Top Beneficiaries Of PM-Surya Scheme Till Oct 24 Updated On Thu, Nov 28th, 2024 by Saurenergy The government this year approved the PM Surya Ghar: Muft Bijli Yojana to increase the share of solar rooftop capacity and empower residential households to generate their own electricity. According to the latest parliamentary data, Gujarat saw the maximum growth in rooftop solar registrations, followed by Maharashtra and Uttar Pradesh. This growth contributes to the […] Read more
News In Brief Nov 27: Ecofy Partners With Swelect, TOYO Secures $150 Mn Contract Updated On Wed, Nov 27th, 2024 by Saurenergy Ecofy Partners With Swelect Energy To Increase Rooftop Solar Adoption Across South India Ecofy, India’s green-only NBFC backed by Eversource Capital and committed to financing India’s green transition has announced a partnership with Swelect Energy Systems Limited (formerly known as Numeric Power Systems Limited). This collaboration combines Ecofy’s digital lending expertise with SWELECT’s manufacturing and […] Read more
5 PPA Models Shaping Renewable Energy Procurement in US & Europe Updated On Wed, Nov 27th, 2024 by Saurenergy As renewable energy becomes a larger part of power grids across the globe, challenges like negative prices and reduced value for standalone profiles, particularly solar, are emerging, particularly in developed power markets. Market participants generally agree that the risk of negative prices will likely get worse before it improves. Innovative Power Purchase Agreements, or PPA […] Read more
Hybrid Projects: KERC Issues Order To Bring Clarity On Transmission Charges Updated On Tue, Nov 26th, 2024 by Saurenergy The Karnataka Energy Regulatory Commission (KERC) has tried to bring clarity on transmission charges of hybrid projects. The state power regulator issued a suo motu order in this regard. The order was especially for wind-solar hybrid projects. This comes after Fourth Energy Partner approached the state commission for clarification. National wind-solar hybrid policy Earlier, the […] Read more
Amid Adani Row, SECI Clarifies Its Stand On Its Role In RE Projects Updated On Tue, Nov 26th, 2024 by Saurenergy Amid ongoing controversy surrounding the renewable energy division of the Adani Group, the Solar Energy Corporation of India (SECI) has issued a statement. While not directly addressing the controversy, SECI highlighted its critical role in India’s renewable energy sector. To date, SECI has awarded approximately 70 GW of renewable energy tenders. The Renewable Energy Implementing […] Read more
Premier Energies Bags Multiple Orders For Cells & Modules Worth Rs 1,087cr Updated On Tue, Nov 26th, 2024 by Saurenergy Hyderabad-based solar manufacturing company Premier Energies announced receiving fresh orders worth Rs 1087 crore. The company in its latest in its latest filing informed the exchanges about its recent order. The company informed its investors that it received three orders for solar equipment. it bagged multiple orders from two large Independent Power Producers (IPPs) and […] Read more
Green Stock Nov 25: Mirroring Market, Most Stocks Mount Recovery Updated On Mon, Nov 25th, 2024 by Saurenergy Even as most green stocks mirrored the broader rebound seen in the Indian markets, Adani Green continued to struggle, slumping a further 6% today. The Green energy developer has been caught up in a US district court indictment, besides SEC charges of alleged wrongdoing in power contracts in India. The other stocks to have a […] Read more
NTPC Green IPO Subscribed 2.4 Times In Three Days Updated On Fri, Nov 22nd, 2024 by Saurenergy NTPC Green, the renewable energy arm of NTPC witnessed a moderate response over its Initial Public Offering (IPO), compared to the highly subscribed IPOs of recently-listed solar energy companies. As per the data available, NTPC Green IPO was subscribed 2.4 times on the final day of bidding. The issue received bids of 1,42,55,97,546 shares against […] Read more
