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Prozeal Green To Provide Hybrid Green Power To GIFT City

The Gujarat Electricity Regulatory Commission (GERC) has approved a 25-year power purchase agreement (PPA) between GIFT Power Company Ltd (GIFT PCL) and Prozeal Green Energy Ltd for the supply of 9.90 megawatts (MW) of hybrid renewable energy at a fixed tariff of ₹3.70 per unit. The long-term deal is aimed at ensuring reliable and cost-effective […]

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Green Stocks June 20: Stocks Lead Market Surge

As predicted, a turn in market direction saw our green energy pack lead the charge, as most stocks beat market gains today. Waaree Energies, beaten down to sub 2700 levels yesterday, roared back above 2900 with a strong show today, as its subsidiary Indosolar got relisted, and looks set to climb a fair way before […]

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Green Stocks June 19: Stocks Face Brunt Of Uncertainty

You would be forgiven for thinking green stocks have had an unusually poor day vis-à-vis the key indices. But on a day of strong dichotomy between the Nifty and the broader small cap and mid-cap indices, green energy stocks suffered massively. Be it developers, EPC firms or solar manufacturers, none was spared by an unforgiving […]

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Green Stocks June 18: Acme Solar Gains Amid Broad Market Caution

Today, most stocks in the green stock list suffered a setback, driven by the anticipated interest rate change in the US Fed policy meeting set to be held today. Among the renewable energy stocks, Waaree Energies, one of the renewable energy companies with a subsidiary in the USA, faced a 3% dip in price. Whereas […]

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Green Stocks June 17: Uncertainty Drags Stocks Lower

It was one of those rare days when the small-cap and mid-cap indices moved in step with the larger indices. That meant a broad correction in green energy stocks, even as some bucked the trend thanks to the good news that is always around the corner for the sector. The good news in this case […]

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Green Stocks June 16- Green Stocks Make Summer Push

The Indian markets ended a two-day losing streak with a strong session today, and green stocks made the most of the rebound. Larger firms in our pack—such as developers NTPC Green and Adani Green, or manufacturers Premier Energies and Waaree Energies—all outpaced smaller players like EPC firm Shakti Pumps and Sterling and Wilson Renewable Energy. […]

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Chhattisgarh’s PEKB Coal Mine Goes Green with Solar

The Parsa East and Kanta Basan (PEKB) coal mine in Surguja, Chhattisgarh, has become the state’s first coal mine – and among the first in India – to achieve energy self-sufficiency through solar power. This was achieved with the commissioning of a 9 MW solar power plant developed by Mundra Solar PV Ltd., a subsidiary […]

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Green Stocks June 13: Stock Prices Of RE Firms Continue To Slip

Most of the green stocks today witnessed a slip in their stock prices. This could be primarily attributed to the discouraging market trends, with a plunge in the key market indices. Most of the renewable energy stocks on the main board today suffered a jolt, with a very few exceptions. Only two companies-ACME Solar and […]

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What an Adani-CATL Battery Alliance Could Mean for India

India’s battery energy storage market is on the cusp of explosive growth, and any high-profile meet-up at such a point suggests big moves may be afoot. Gautam Adani, the chairman of the Adani Group and one of India’s most ambitious infrastructure tycoons, has recently toured CATL headquarters, the global manufacturing plant, and reportedly held some […]

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