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Green Stocks May 20- Stocks Shed Gains In A Jittery Market

After what seemed to be the start of a new push to recover lost ground, green stocks faced what seems to have been a false down, as all corrected today. Other than that contrarian pick Gensol, which of course is a punters stock for now as it heads for the bankruptcy court. The drop was []

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Zelestra, Sungrow Sign Landmark BESS Deal for Chile Project

Renewable energy firm Zelestra has signed a major supply agreement with Chinese technology provider Sungrow to deploy advanced battery storage systems for one of the largest battery energy storage projects in Latin America. Under the deal, Sungrow will deliver its PowerTitan 2.0 liquid-cooled battery energy storage system (BESS) and MV power conversion units for the []

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Waaree Energies Acquires Kamath To Scale Transformer Business

Mumbai-based Waaree Energies said its Board has approved the acquisition of Kamath Transformers Private Limited, with the transaction expected to be completed in the 2025-26 financial year. In a regulatory filing, Waaree said Kamath Transformers is a well-established and progressive company in transformer manufacturing, with revenues of 257.3 crore in FY22, 544.1 crore in FY23, []

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MERC Clarifies On Rooftop Solar, Open Access Rules

The Maharashtra Electricity Regulatory Commission (MERC) has issued key clarifications on rooftop solar and open access energy rules, addressing consumer concerns on banking charges, eligibility, and implementation under recently amended regulations. In an order passed last week, the Maharashtra Electricity Regulatory Commission (MERC) responded to a public interest petition filed by a renewable energy consultant. []

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CIL Floats EOI Seeking Buyers For Its Proposed 4.5 GW RE Power

Coal India Limited (CIL), the worlds largest coal producer and a Maharatna enterprise under the Ministry of Coal, Government of India, has announced its ambitious foray into renewable energy with plans to develop 4.5 GW of capacity across India. The state-run mining giant, headquartered in Kolkata, is looking to transform its energy portfolio by tapping []

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OPG Mobility Eyes Localizing EV Manufacturing: Anshul Gupta

Youre present across various verticalsbattery recycling, battery technology, EVs, and more. Whats your core focus today? The primary focus of OPG Mobility is boosting electric mobility, especially in the two-wheeler and three-wheeler segments. Were involved in everything from batteries and EV charging stations to powertrains and even the plastic and mechanical parts that go into []

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RenewSys To Accelerate Encapsulant Expansion to 30 GW

In a major move to strengthen its manufacturing capabilities, RenewSys, Indias first integrated manufacturer of solar PV modules and their key components, has announced the addition of eight new encapsulant manufacturing lines at its recently commissioned Khopoli facility. This capacity expansion is aimed at addressing the rapidly increasing demand for high-performance encapsulants in the Indian []

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Rajat Kumar Singh Joins Acme Solar As Its New Group CFO

Acme Solar has appointed Rajat Kumar Singh as its Group Chief Financial Officer (CFO). He has also been designated as a Key Managerial Personnel (KMP) and Senior Management Personnel (SMP), the company said in a regulatory filing. Sharing Singhs brief educational background, Acme Solar said, Rajat Kumar Singh holds a bachelors degree in technology (Chemical []

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FY25: Premier Energies Reports Four-Fold Increase In Profits

Premier Energies, the Hyderabad-based solar module and solar cell manufacturer, has announced its financial results for Q4 of FY25 and the annual results for FY25. The firm, which forayed into the stock market last year, reported a 167 percent year-on-year (YoY) rise in net profit for the fourth quarter (Q4) of fiscal year 202425, driven []

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