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Green Stocks June 3- Stocks Struggle As Market Sneezes

Green energy stocks failed to buck the general downtrend in the markets, as most stocks suffered losses. While the off exception like Waaree RTL managed to make some gains on the back of a large order announcement, parent firm Waaree Energies gave up more of its gains it had notched after a large order win […]

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GameChange Solar Expands Saudi Arabia Manufacturing Capacity To 6 GW

US-based GameChange Solar, a solar tracker and fixed-tilt racking technology supplier has expanded its regional manufacturing capacity in the Kingdom of Saudi Arabia to 6 GW annually, doubling its volume. Its expansion is expected to be completed by September 2025, with the facility continuing to produce GameChange Solar’s Genius Tracker™ systems for utility-scale projects. With […]

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Solar-Plus-ESS Delivers 95% Clean Power Under ₹6/kWh: Report

India’s recent energy storage auctions have yielded record-low prices, with unsubsidized standalone battery storage bids at ₹2.8 lakh/MW/month and solar-plus-storage bids ranging from ₹3.1 to ₹3.5/kWh, according to a report by the India Energy and Climate Center (IECC). The report noted that, based on implied solar and storage costs from these bids and bottom-up global […]

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Solar’s Next Big Challenge- Sustainable Growth

It has been an abiding mystery how many business journalists, for all the knowledge they collect on their preferred sectors, usually ignore the financials of the firms they track. Relationships with firms, especially if they are not publicly traded, tend to be at an arm’s length, with information supplied on a need-to-know basis. The solar […]

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Green Stocks May 30: Early Rains Cool Energy Stocks

The earlier-than-expected onset of the monsoons seems to have worked to douse some enthusiasm for energy stocks in general, including green energy stocks. Combined with a weekend and month-end push to keep cash handy, saw selling pressure for all but the strongest performers today. Investors are clearly booking profits when they can after seeing the […]

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2030 Target No Longer Bold Enough, Look Beyond 500 GW

India’s pledge to install 500 GW of non-fossil energy by 2030 was hailed as bold and transformational when announced at COP26 in 2021. However, this target is no longer sufficiently ambitious compared to what the country has potential to achieve, thanks to the overall evolution of the energy landscape through the last few years.  For […]

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The Start Of The Energy Storage Era Has Arrived In India- SBI Caps

Investment bank SBI Caps has released a new report on the evolving battery scenario in India. The report makes a number of observations and recommendations to ensure that the critical sector delivers on its promise. From cautioning against a rush towards reducing dependence on China, calling instead for a more calibrated approach, to  increasing import […]

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CATL Lists On Hong Kong Stock Exchange, Raises HKD 35.5 Bn

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 […]

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AD/CVD On Solar Imports From SE Asia Confirmed In US, Batteries Next In Target

The U.S. International Trade Commission has finally made an affirmative determination in its antidumping and countervailing duty (AD/CVD) investigation concerning silicon solar cells and panels from Cambodia, Malaysia, Thailand and Vietnam. That means it has confirmed that US industry is harmed by imports from these markets, leading to the next step, ie  Customs and Border […]

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