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Alpex Solar’s Strong Q3 Growth In FY25

Solar manufacturer Alpex Solar, which listed on the NSE SME board around a year back, has delivered another strong quarter of results, rewarding investors that bet on the then small firm. In its reported earnings for the third quarter and nine months ended December 31, 2024. The company reported sales was Rs 187crore compared to […]

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Oyster, Suzlon Partner To Build 201.6 MW Wind Project In Madhya Pradesh

Pune-based renewable energy solutions provider Suzlon Group has secured a 201.6 MW repeat order from Oyster Renewable. With this latest addition, Suzlon’s partnership with Oyster Renewable has now grown to 283.5 MW in Madhya Pradesh within just nine months. This order also highlights the growing demand for wind energy solutions among Commercial & Industrial (C&I) […]

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RenewSys Brings Anti-Acid EVA Technology To Prevent Solar Cell Corrosion

RenewSys, a PV module manufacturer of encapsulants and backsheets, has introduced its new EVA encapsulant. This latest technology is designed to address a long-standing issue that affects the lifespan of solar modules. Corrosion of metal parts in the cell and aging-related delamination are now preventable with the Anti-Acid EVA Encapsulant, which is specifically designed to […]

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Government Confirms 25 GW Solar Cell Capacity Among Nine Firms In India

India at present has around 25 GW of installed solar PV cell manufacturing capacity, according to the Solar PV Manufacturers Associations, the All India Solar Industries Association (AISIA) and the North India Module Manufacturer Association (NIMMA). The data was shared by  Pralhad Joshi, the minister of New and Renewable Energy And Consumer Affairs & Food […]

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Prostarm Info Gets In-Principle Approval From SEBI To Launch IPO

Navi-Mumbai-based pan-Indian power solution products company, Prostarm Info Systems has received in-principle approval from market regulator, Securities Exchange Board of India (SEBI) to launch its initial public offering (IPO). The issue comprises a fresh issue of up to 1,60,00,000 Equity Shares of face value ₹10 each and will be listed on BSE and NSE. Choice […]

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China’s Renewable Sector Enters New Era with Market-Driven Pricing

China’s National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) recently issued a joint notice outlining measures to deepen the pricing reform for electricity generated from renewable sources. The reform focuses on three key areas: allowing market forces to determine renewable power prices, creating a pricing and settlement mechanism that supports long-term […]

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ONGPL Acquires Ayana in Landmark INR 19,500 Renewable Energy Deal

India’s largest oil and gas producer Oil and Natural Gas Corp (ONGC) and nation’s biggest power company NTPC acquired renewable energy firm Ayana through their joint venture ONGC-NTPC Green Pvt Ltd (ONGPL), for an enterprise value of INR 19,500 crore (USD 2.3 billion).  ONGPL has signed a share purchase agreement with the current stakeholders National […]

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Green Stocks Feb 12: A Brake On The Slide?

On a day when the markets gyrated wildly, a late recovery in the markets couldn’t quite pull all the beaten down green stocks back. While the wind energy firms in our pack did end in the green, it was the solar manufacturers that made the most of the recovery ad well. For the developers and […]

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Gensol Q3-9 Month Revenues Up 42%

Gensol Engineering Limited, one of the oldest players in the renewable energy sector specializing in solar engineering, procurement, and construction (EPC) services, along with electric mobility solutions, announced its unaudited consolidated financial results for the quarter & nine months ended December 31st, 2024 (Q3 & 9M FY25). Consolidated Financial Summary:  Particulars (₹ in Crore) Q3 […]

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