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Green Stocks Nov 7: Stocks Dragged Down With Market

Market gyrations caught up with green sticks yet again, as most slipped along with the broader market. The standouts were solar glass maker Borosil Renewables and Shakti Pumps, which hit the upper circuit today. With most results out of the way, it is clear that many in the markets believe that upsides in green stocks […]

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Global RE Growth Hits New Highs Amid Falling Costs: IEA Report

Globally, renewable energy shows no signs of slowing down. In the first half of 2024, solar PV additions rose by 36%, electric vehicle sales increased by 25%, and wind power capacity additions kept pace with last year’s deployment, said report. International Energy Agency (IEA) recent report on Clean Energy Market Monitoring indicated that clean energy […]

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Why NTPC Is Showing Lesser Interest In RTC & FDRE Tenders?

India’s public sector power giant NTPC Limited has now explained why it is shy when it comes to Round-The-Clock (RTC) and Firm and Despatacble Renewable Energy (FDRE) tenders. The response from the NTPC management came to the fore when a query was raised regarding the lesser participation of the group in renewable tenders. The NTPC […]

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Green Stock Nov 4: As Markets Sweat Over US Elections, Green Stocks Resist

On a day when the broader markets dived, and dived low by over 1.25%, many of our green stocks proved resilient. Newly listed Waaree Energies stood out with another day of gains, inching closer to Rs 3000 per share. The large developers, from Adani Green to Tata Power to JSW Energy however had a tough […]

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NTPC, ONGC Form JV For Renewable Energy

Maharatna PSUs NTPC and ONGC have collaborated to form a Joint Venture Company (JVC) through their Green Energy Subsidiaries (NTPC Green Energy Ltd. and ONGC Green Energy Ltd.) to further promote their interest in renewable and new energy arena. Subsequent to the signing of the Joint Venture Agreement on 7th February 2024, during India Energy […]

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JSW Renewable, China’s SANY Seal Licensing Deal Formally

JSW Renewable Technologies Two, a subsidiary of JSW Renewable energy, has entered into a technology licensing agreement with Chinese Wind turbine maker SANY Renewable Energy to manufacture wind turbine blades in India for its captive use. The company entered the formal agreement after eight months with the initial announcement made in March 9 this year. […]

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Oct 28: Mixed Performance For Green Stocks

On a day when the markets finally reversed the downward trend, green stocks benefited broadly as well. the highlight of the day was no doubt the debut of Waaree energies limited, which listed at an over 50% premium and maintained that level by closing. Even that amazing start may have disappointed many observers who were […]

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ARENA Funds Australia’s First Community-Led Electrification Trial

Australian Renewable Energy Agency (ARENA), and its partners Brighte, Rewiring Australia and Endeavour Energy, are set to electricity 500 households in New South Wales, in a new project announced recently announced by the organization. ARENA is providing $5.4 million in funding for the “Electrify 2515 Community Pilot” to support the electrification of 500 homes in […]

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EverGreen, Datta Infra & Others Bag NTPC’s 1.2GW Hybrid Tender

NTPC Limited has announced the results of its 1200 MW wind-solar hybrid tender. The power giant awarded contracts to four renewable project developers: Sembcorp Green Infra, Adani Renewable Energy, Green Prairie Energy III (EverGreen), Adyant Ensersol (Datta Infra), and ReNew Solar. As per the auction results, Sembcorp, Adani Renewable, and ReNew Power secured projects at […]

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