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Green Stock Dec 12: Adani Green Stock Bounces Back After Rajasthan Project

After days of struggles, the stocks of Indian renewable energy company Adani Green bounced back today, showing a recovery. The stock today reported a 6.38% jump. This jump in its stock price came to the fore when the firm reported commissioning a 230 MW of solar project in Rajasthan. Madhya Pradesh-based solar pump company Shakti […]

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India Adds 14.9 GW Of New RE Capacities In 8 Months Of FY25

The Ministry of New and Renewable Energy (MNRE) published the latest data on new renewable energy capacity additions in early December. The data revealed that the country added a total of 14.9 GW of new renewable energy capacities (excluding hydro) in the current financial year (till November 2024). According to the report, India’s solar energy […]

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Adani Green Subsidiary Commissions 250 MW Solar Project At Rajasthan

Adani Green Energy Limited (AGEL), step-down subsidiary, Adani Green Energy Twenty Five Limited, recently commissioned its 250 MW solar power project. This project is located at Badi Sid, District in Jodhpur, Rajasthan.  With the commissioning of this plant, AGEL’s total operational renewable generation capacity has increased to 11,434 MW. Earlier this year, the company commissioned […]

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South Australia Grid May Soon Become 100% Reliant On Renewables

South Australia seems to be moving towards an interesting journey. The region is now touted to become the first grid in the world to be run 100% net on solar and wind energies. This means that although the grid will continue to use thermal power, it will be able to infuse enough renewable power to […]

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ReNew To Go Private? Key Investors Make Offer

ReNew Energy Global, which got listed at the NASDAQ exchange in the US through the SPAC route back in 2021, could well go private next year, if its biggest investors, including founder Sumant Sinha have their way. A consortium with voting rights of 64% have offered to take the company private at $7.07 per share, […]

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Jevargi, Juniper, Avaada, and ACME Secure 1.2 GW FDRE Tender

NHPC, has announced the winners of its 1.2 GW Firm and Dispatchable Renewable Energy (FDRE) VI auction. It awarded the bids to four winners: Jevargi Solar Power (Rays Power Infra), Juniper Green Energy, Avaada Energy, and ACME Solar Holdings. The tender for this project was released in June this year, and the results have been […]

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Green Stocks Dec 11: EPCs Up, Developers Down

In a role reversal of sorts, solar EPC firms enjoyed their day in the sun today, even as green developers, who had started the week on a bright note, faced selling pressure. All of KPI Green, SWREL, and Waaree RTL enjoyed a day with some gains, especially Shakti Pumps, which made a decisive 5% up […]

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States Open Up With More Land Bank Policies For RE Projects

Marred by hurdles in land acquisition for new renewable energy projects, several Indian states are now coming up with innovative solutions like land banks to tackle the issue of land for green projects. Over the past few months, various states have announced or initiated plans to allocate dedicated land for green projects. Uttar Pradesh Earlier […]

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INOXGFL Group Forays Into Solar Modules, Cell Manufacturing

Noida-based wind energy company INOXGFL group has announced a foray into solar manufacturing through Inox Solar, a privately held entity by the promoters. The move ostensibly completes the group’s interests across the entire renewable energy ecosystem. to make it what it hopes will be the one of the deepest integrated groups in India in the […]

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