Green Stocks July 2: Shakti Pumps Stock Holds Steady With 5% Growth Updated On Tue, Jul 2nd, 2024 by Saurenergy A grey day prevailed in the stock market today with only four out of 11 stocks facing upward growth. Among the companies that registered positive growth today was Shakti Pumps whose stock price climbed 5%, followed by Inox Wind Energy stock with a 2.08% rise. Borosil Renewable also witnessed a 0.37% increase in its stock […] Read more
Green Stocks July 1: Waaree, Shakti Pumps Stock Prices Up Updated On Mon, Jul 1st, 2024 by Saurenergy The stock prices of Waaree Renewable and Shakti Pumps today witnessed the highest surge of 5 percent. Other green energy stocks of companies like Inox Wind Energy, Gensol Engineering also witnessed a surge in their overall stock prices. The only companies which reported a decline in their stock prices included KPI Green Energy, Tata Power […] Read more
India’s Data Centre Boom Opens Up A Fresh Segment For Green Developers Updated On Mon, Jul 1st, 2024 by Saurenergy By-Tej Prakash Bharadwaj & Manish Kumar Notwithstanding the sluggish growth of data centres in India in the early 2000s, the advent and popularity of AI means that the data center sector in India is now set for a significant expansion matching its status as a regional power. With a total capacity of around 1,000 Megawatt […] Read more
June 28: Solar EPCs Back In Limelight With Stellar Day At The Exchanges Updated On Fri, Jun 28th, 2024 by Saurenergy In the stock market today, after a short gap, Waaree Renewables and KPI Green Energy stocks rose once again to hit their upper circuits at 5%. Shakti pimps, the new favourite of punters for the month also rose 5%. The move comes after a period of consolidation, and some news flow, particularly on KPI Green, […] Read more
Govt VGF Scheme Can Support 36% Of Offshore Project Cost, Says CRISIL Updated On Thu, Jun 27th, 2024 by Saurenergy The Union Cabinet approval of the viability gap funding (VGF) scheme, with a total allocation of Rs 7,453 crore, is a boost for the offshore wind energy segment. It could trigger investments into a space developers have shied away from due to high cost, operational challenges, and offtake-related risks, according to CRISIL. This is a […] Read more
Green Stocks June 25: Shakti Pumps Pauses For Breath On a Slow Day For Green Stocks Updated On Tue, Jun 25th, 2024 by Saurenergy On a day when the Nifty rose 0.6%, our green basket of stocks endured a lacklustre day. While Shakti Pumps finally paused for breath after the sharp run up of the past week, Borosil Renewables gained 2.61%. Waaree Renewable Technologies, another stock that was flying high not too long back till it slowed down in […] Read more
Blockbuster Listing For GP Eco Solutions, EPCs Dragged Down By High Valuations Updated On Mon, Jun 24th, 2024 by Saurenergy On a day when a new green energy listing, GP Eco Solutions listed at a 318% to its issue price, the broader basket of green energy stocks could not quite replicate the same performance. While Shakti Pump continued its incredible run with another lock at the upper circuit (5%), Borosil Renewables rose 3.83% and Suzlon […] Read more
Govt’s New Scheme To Aid In Evacuating RE From Rajasthan, Karnataka Updated On Mon, Jun 24th, 2024 by Saurenergy The Union government has now approved new Inter-State Transmission System (ISTS) schemes to evacuate 9 Gigawatt (GW) of renewable energy (RE) from the renewable rich states of Rajasthan and Karnataka. These schemes will be implemented through Tariff-Based Competitive Bidding (TBCB) mode. These schemes are part of the government’s 500 GW renewable energy capacity by 2030 […] Read more
Green Stock June 21: Shakti Pumps’ Stock Price Continues To Surge Updated On Fri, Jun 21st, 2024 by Saurenergy Stock prices of Shakti Pumps continued to grow for the third consecutive day. Today the Indore-based solar pump company witnessed a rise of 5 percent in its stock prices. Following the suit, Pune-based wind energy company Suzlon reported a surge of 4.99% in its stock price, data from the Bombay Stock Exchange (BSE) revealed. Company […] Read more