While Waaree Continues Gravity Defying Climb, Other Renewable Stocks Dragged Down April 15 Updated On Mon, Apr 15th, 2024 by Saurenergy 10 out of the 11 renewable stocks in our basket dropped today, usually falling more than the market, thanks to the sharp run up the category has seen in prices. The outlier as usual was Waaree Renewable technologies, which recovered smartly from the morning volatility to be back at the 5% upper circuit. The fall […] 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
Varun Beverages To Pick Stake In UP, Maharashtra Solar Firms Updated On Fri, Apr 12th, 2024 by Saurenergy Gurgaon-based beverages company and PepsiCo franchisee Varun Beverages Limited has announced to invest upto 14% of the Equity Share Capital of Huoban Energy 11 Private Limited, a special purpose vehicle inter-alia engaged to supply solar power to consumers in the state of Maharashtra. Along with that the company also announced its decision to invest upto […] Read more
US Moves Closer To Add 25 GW RE Capacity With New Projects Updated On Fri, Apr 12th, 2024 by Saurenergy Joe Biden administration recently announced a series of milestones and associated actions to promote responsible clean energy development on public lands. This is to help achieve President Biden’s goal of creating a carbon pollution-free power sector by 2035. Secretary of the Interior Deb Haaland recently announced that the department has now permitted more than 25 […] Read more
Australia’s RE Sector Can Create 60,000 Manufacturing Jobs: Study Updated On Wed, Apr 10th, 2024 by Saurenergy Institute For Sustainable Future (ISF) recent study report found an association between Australia’s net zero targets and job creation, the report’s findings stated, that renewable energy can create up to 60,000 jobs in the manufacturing sector. The report by the Australian Manufacturing Workers’ Union (AMWU) and Climate Action Network Australia places among the global leader […] Read more
India Creates New Record By Adding 18.5 GW Of Renewables In 2023-24 Updated On Wed, Apr 10th, 2024 by Saurenergy India created a new milestone in 2023-24 by adding one of the highest-ever additions of renewable energy in the country. The latest statistics shared by the Ministry of New and Renewable Energy (MNRE) revealed that during the last fiscal year, the country added a total of 18.5 GW of total renewable power, thanks to a […] Read more
Nordex Receives 295 MW South Africa Turbine Order From EDF Renewables Updated On Tue, Apr 9th, 2024 by Saurenergy EDF Renewables (South Africa) a subsidiary of EDF Renouveables has placed orders with the Nordex Group for two wind energy projects in South Africa. According to Nordex, the Korosun 2 cluster, consisting of the Umsobomvu and Hartebeesthoek projects, will comprise 50 N163/5.X turbines with a total capacity of 295 MW. The Nordex Group will also […] 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
South Africa’s Solar Adoption Gathers Pace, But Challenges Remain Updated On Thu, Apr 4th, 2024 by Saurenergy South Africa has long been plagued by an energy crisis now. This has led to a situation where the nation faces rolling blackouts or load shedding as it has been called, for the past decade and more. It says something for the state of the power sector that a challenge that was predicted well over […] Read more
