Green Stocks May 26: Stocks Mount Strong Recovery Updated On Mon, May 26th, 2025 by Saurenergy As expected, consecutive days of rising markets brought our green energy pack right back into grow mode, with multiple stocks recording a strong recovery after a somewhat subdued Friday. We continue to believe that a sustained market recovery will see the green pack do better than most sectors, thanks to the tailwinds of strong results […] Read more
NVVN Plans To Boost Rooftop Solar In Andaman & Nicobar Updated On Mon, May 26th, 2025 by Saurenergy NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly owned subsidiary of NTPC Ltd, has now planned to boost the installation of rooftop solar in Andaman and Nicobar. In this regard, the agency has issued a tender seeking developers. As per the tender documents, NVVN has planned to install 3,450 kW grid-connected rooftop solar power systems […] Read more
Koraam New Energie Sees Surge in Solar Pump Installations Updated On Mon, May 26th, 2025 by Saurenergy Koraam New Energie, powered by Gujarat-based Kosol Energie, has recorded a sharp rise in solar water pump installations for fiscal year 2024–25, increasing its footprint in the Indian solar irrigation market. The company secured a major work order under Component B of the PM-KUSUM Scheme, with a total allocation of 5,500 solar pumps valued at […] Read more
PM-KUSUM: Gujarat Farmers to Earn Rs 2.83/Unit for Surplus Solar Updated On Mon, May 26th, 2025 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC) has approved the implementation of Component C of the PM-KUSUM scheme, setting the stage for large-scale solarization of grid-connected agricultural pumps across the state. In an order issued in response to a petition filed by the state’s four distribution companies (DGVCL, MGVCL, PGVCL, and UGVCL) along with Gujarat Urja […] Read more
Radiance Renewables Elevates Nitin Bhatia To CEO Updated On Mon, May 26th, 2025 by Saurenergy Radiance Renewables has appointed Nitin Bhatia as the new Chief Executive Officer (CEO) of Radiance Renewables. Bhatia brings over two and a half decades of leadership experience in investment banking and infrastructure finance, with significant roles in Tata Capital, and Babcock & Brown. The company said, “Since Radiance’s inception in 2019, Nitin has been a driving […] Read more
Green Stocks May 23: Weekend Portends Volatile Period Ahead Updated On Fri, May 23rd, 2025 by Saurenergy With yet another month a week ago from closing, our green energy pack might yet end with some gains in May, unless some more surprises lie ahead. The big one today was of course the impact of the US move to strip benefits for solar manufacturing firms, which took down all the solar manufacturing firms […] Read more
Andhra: Nextracker Signs 305 MW Solar Project With ReNew Updated On Fri, May 23rd, 2025 by Saurenergy United States (US)-based solar tracker company Nextracker has recently signed a 305 MW solar project with ReNew Private in Anantapur, India. Nextracker has contracted for over 10 GW of annual manufacturing capacity in India, besides establishing an R&D centre for excellence in Bengaluru. The firm competes with most of its global peers in the Indian […] Read more
Maharashtra: Onix Renewable Embarks On Its 1.9 GW Solar Project Updated On Fri, May 23rd, 2025 by Saurenergy Onix Renewable Limited has launched development of a 1,959 MW solar power project under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0), a flagship decentralised solar initiative by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) aligned with the central government’s PM-KUSUM scheme. The ambitious project aims to decarbonise rural electricity supply and bolster […] Read more
CATL Lists On Hong Kong Stock Exchange, Raises HKD 35.5 Bn Updated On Fri, May 23rd, 2025 by Saurenergy China’s CATL, a global leader in battery manufacturing, was recently listed on the Hong Kong Stock Exchange (HKEX) under ticker 3750, marking the first A-share company to seek a secondary listing in Hong Kong with a price cap. The company offered 135 million shares before the greenshoe option at HKD 263 each. The initial public […] Read more