GPS Renewables Secures Rs 411.50 Crore Debt-Financing Updated On Thu, Apr 18th, 2024 by Saurenergy Bengaluru-based clean energy firm, GPS Renewables has successfully secured Rs 411.50 crore in debt financing. This funding was sourced from a consortium of major banks and financial institutions, according to a statement by GPS Renewables. Tilak Minocha, the Chief Finance Controller of GPS Renewables, emphasised that the new funds would significantly enhance their capabilities to […] Read more
Could Interest Rates Trip Up India’s Renewables Push? Updated On Tue, Apr 16th, 2024 by Saurenergy Since April started, India’s renewable sector has presented an observer with two contrasting camps. On one side are solar module, and some cell manufacturers, who look forward to good times with the tightening of restrictions on Chinese imports. On the other are the developers, the first few of whom have already started indicating the risk […] Read more
Green Stocks Defy Market Correction, Most Rise On April 12 Updated On Fri, Apr 12th, 2024 by Saurenergy Even as the BSE stock index dropped 1.06%, most of the green energy stocks we track continued their relentless upward march. None more so than Waaree Renewable Technologies, which was locked at the upper circuit yet again today. Powered by multiple positives, from rising power demand to a supportive domestic policy environment, the next big […] Read more
Log9 Materials and Zeta Energy Partner For Advanced Battery Systems Innovation Updated On Fri, Apr 12th, 2024 by Saurenergy Battery cell technology and EV Mobility Ecosystem developer, Log9 Materials and Zeta Energy Corp, a lithium-sulfur (Li-S) battery company, announced today a partnership to create the next generation of cells and batteries. The partnership is set to commence on April 21, during Log9’s annual Day Zero anniversary event. According to Log9 Materials, the partnership offers […] Read more
ALMM: India’s Enlisted Solar Module Manufacturing Capacity Touches 41.5 GW Updated On Wed, Apr 10th, 2024 by Saurenergy The latest updated Approved List of Models and Manufacturers (ALMM) list released by the Ministry of New and Renewable Energy (MNRE) reported a rise in domestic solar module manufacturing capacity. As per the latest ALMM list, released by the MNRE, the total enlisted solar module manufacturing capacity in India touched 41,463 MW. The latest list […] Read more
Record Renewable Numbers Support Green Energy Stocks (April 10) Updated On Wed, Apr 10th, 2024 by Saurenergy On a day when the government announced record renewable capacity additions for FY24, green energy stocks continued to stay strong, other than a sharp 3.3% fall in Inox Wind. Waaree Renewable continues on its merry way in anticipation of possible restructurings and a strong growth pipeline, even as SJVN seems to have recovered on the […] Read more
Another Strong Day For Green Energy Stocks As Uptrend Continues Updated On Fri, Apr 5th, 2024 by Saurenergy April 5, 2024. Even as Waaree Renewable seemed to pause its march to new highs in the morning before resuming in the second half, JSW Energy and SJVN also enjoyed a good day with 2% plus gains. All eyes in the market will now probably shift to the first of the quarterly results expected in […] Read more
Waaree Renewable Leads Gains Among Green Stocks with +5.00% rise on April 4 Updated On Thu, Apr 4th, 2024 by Saurenergy In our new tracker for Green Energy stocks, we will bring you a daily update on key green energy stocks and their price movement on the Bombay Stock Exchange. It’s a sector that deserved to be covered, not just because of the hype and visibility that has taken many of these shares to lifetime highs, […] Read more
Husk Power Plans To Commission More Mini-Grids In India: William Brent (CMO) Updated On Thu, Apr 4th, 2024 by Saurenergy How did the journey of Husk Power Systems start? Husk Power’s journey started around 2008 with its co-founder, Manoj Sinha, and other like-minded people from Bihar. At that time, rural electrification was a major issue in India and states like Bihar. Husk came into the picture to ensure that the unserved communities in those areas […] Read more
