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Green Stocks April 23: Waaree Energies All The Way

We have been stressing how it will be news that drives stocks for now, and Waaree Energies served up the best possible illustration of this thesis. In delivering the set of Q4 numbers and full year numbers for FY 25, the firm provided great validation of its prospects, leading to a massive surge today. That […]

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Green Stocks April 22: In A rising Market, Green Stocks Slip Up

Even as markets surprised with a positive closing, especially the small cap and mid cap indices, Green stocks in our pack struggled to hold on to gains. The exceptions of course were the two solar and cell manufacturers, Premier Energies and Waaree Energies, The latter especially seemed to have real momentum behind it, as news […]

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Green Stocks April 21: Suzlon Steals The Show

On a day when the markets had another exuberant day, green energy stocks were relatively subdued, with some even declining against all odds. The declining stocks, NTPC Green and Borosil Renewables, were more than offset by a strong day for Suzlon, Inox Wind, and EOC firms Sterling and Wilson Renewables and Shakti Pumps. Suzlon’s sharp […]

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Green Stocks April 17: Mixed Day With News Based Movements

On a day when the nifty comfortably outshone the small cap and mid-cap indices, most of our green stocks that belong to the latter two categories followed the same pattern. While EPC firms continued their momentum from yesterday led by Waaree RTL and Sterling and Wilson Renewable energy, giving them company were solar manufacturers Premier […]

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Zelestra India appoints Prashant Kumar as Chief Financial Officer

Zelestra, a global renewable energy with a portfolio of over 29 GW clean energy projects across 13 countries has announced the appointment of Prashant Kumar as Chief Financial Officer for its India Business Unit, effective immediately. Prashant will report directly to Sajay KV, CEO and will oversee all financial operations for India. This strategic appointment […]

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Green Stock April 16: Caution Rules, Mostly

After the sharp rise we saw yesterday, the markets were a lot more cautious today. Thus, despite a modest rise in the indices, most green energy stocks trailed in terms of gains, or even gave up some gains made yesterday. There is a clear flight to size as we can see now, with one of […]

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Emmvee Opens 5th Solar Module Plant, Lifts Capacity To 6.6 GWp

Indian solar manufacturer Emmvee has opened its fifth module manufacturing facility at Sulibele, near Bengaluru International Airport, adding 2 GWp of photovoltaic (PV) module capacity. With the latest expansion, the company’s total PV module capacity now stands at 6.6 GWp, while solar cell capacity has reached 2.5 GWp. The 400,000-square-foot facility will employ more than […]

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Bigger & Faster – South India’s Renewable Comeback

South India, which heralded some of the earliest large-scale solar and wind projects in the country, is now further expanding its clean energy footprint. Again, one could say that some of India’s most notable renewable achievements came from the region before 2020. From the then-largest solar plant at Kamuthi in Tamil Nadu with a 648 […]

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BrightNight, Hero Future Energies Inks PPA With NTPC For FDRE Project

BrightNight has signed a power purchase agreement (PPA) with state-run NTPC to supply 110 MWac of firm and dispatchable renewable energy (FDRE) over 25 years. The company said, “The energy will be delivered from a 350 MWp solar-wind hybrid project integrated with a 100 MWh battery energy storage system in Rajasthan, and connected via the […]

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