ReNew To Go Private? Key Investors Make Offer Updated On Thu, Dec 12th, 2024 by Saurenergy 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, […] Read more
Green Stocks Dec 11: EPCs Up, Developers Down Updated On Wed, Dec 11th, 2024 by Saurenergy 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 […] Read more
Green Stocks Dec 10: Waaree Energies Stock Price Soars 5.68% Updated On Tue, Dec 10th, 2024 by Saurenergy The renewable energy sector saw mixed action in the stock market today. Waaree Energies led the pack with a 5.68% surge, followed by Borosil Renewables, which climbed 3.61%. Maintaining its positive momentum, NTPC Green’s stock price also rose by 1.29%. Meanwhile, the Madhya Pradesh-based Shakti Pumps posted a modest gain of 0.34%. However, it wasn’t […] Read more
Continuum Green Energy IPO Bound, To Raise Rs 3650 cr Updated On Tue, Dec 10th, 2024 by Saurenergy Mumbai Headquartered Continuum Green Energy Limited has filed its draft red herring prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI), for an initial public offering (IPO). The green energy developer is backed by Just Climate and Morgan Stanley Infrastructure Partners. Continuum Green Energy primarily focuses on supplying green power […] Read more
Green Stocks Dec 9: Premier, Waaree Energies Hold Their Own Updated On Mon, Dec 9th, 2024 by Saurenergy On a mixed day for the markets, the two key manufacturers in our Green pack, Premier Energies and Waaree Energies more than held their own as both rose by over 2%. The gains come on the back of an impressive roster of orders, including a large 1 GW order for Waaree announced today. Among developers, […] Read more
Green Stocks Dec 5: Rare Day Of Underperformance For Green Stocks Updated On Thu, Dec 5th, 2024 by Saurenergy On a day when the Nifty 50 mounted a strong show, our Green Energy Pack had a rare day, with just Waaree Energies standing out with a 4% gain. After its surprisingly strong run this week, NTPC Green corrected over 4.5% today, a healthy correction, many would say. Premier Energies also paused after the strong […] Read more
Green Stocks Dec 4: Adani Green Stock Price Plunges Again Updated On Wed, Dec 4th, 2024 by Saurenergy Wednesday presented a mixed day for the renewable energy companies in the stock market. Controversy hit Adani Green today and witnessed a further plunge in its stock price. The company’s stock today reported a 3.83% decline. The limelight today was on the Hyderabad-based solar cell and module manufacturing company Premier Energies with a rise of […] Read more
Green Stocks Dec 3: NTPC Green Stock Price Shines With 10% Rise Updated On Tue, Dec 3rd, 2024 by Saurenergy The stocks of NTPC Green today shone among the green stocks in the stock market. It registered a 10 percent increase in its price compared to its value yesterday. It was followed by the growth of other EPC companies and solar glass manufacturer-Borosil Renewable. Borosil Renewable stocks today witnessed a rise in its price by […] Read more
SECI’s 9.29 GW Of Renewable Projects Still Await Buyers Updated On Tue, Dec 3rd, 2024 by Saurenergy The growth in tendering for utility-scale projects marks the progress within the renewable energy sector. Recent data shared by the Solar Energy Corporation of India (SECI) indicated a list of renewable projects that are yet to see buyers. As per the prescribed practice, the renewable project developers who win tenders through SECI tie up with […] Read more
