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Can Make In India Hurt? DCR Shortages Offer An Unhappy Picture

One of the biggest success stories of the Modi government has been the capacity additions in renewable energy, particularly solar energy. From less than 3 GW in 2014, solar capacity today is over 107 GW. Similarly, solar manufacturing capacity has grown from small, sub-GW levels to over 80 GW in Modules, and 25 GW in []

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IEX Results- PAT Up 22% In FY25, Traded Electricity Volume Rises 19%

The Indian Energy Exchange (IEX) has announced its Q4 results and full year numbers for FY25. Indias largest  power exchange reported an 18.7% rise in electricity traded volumes, that powered a 19.3% rise in consolidated revenues and 22.3% rise in net profits as well. Consolidated Revenue in FY25 increased to Rs 657.4 Cr from Rs []

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Green Stocks April 24- Stocks Pause For a Breather And Fresh Signals

As markets expectedly corrected after a multiple session run, green stocks also took a breather today, mostly, Waaree Energies, which had spiked as high as 18% yesterday before settling with 14% gains, corrected further today, though it will remain in focus after the optimistic guidance provided by the firm for Fy26. Sterling and Wilson Renewable, []

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Global EV Battery Standards Tighten: What It Means for the Electric Mobility

Electric vehicles (EVs) have shifted from niche to mainstream, and the EV batteries are becoming a critical influencer of their rate of adoption worldwide. In just the last couple of years, EV sales and boom in the related battery market have shattered records worldwide, led by markets like China, Europe, and the United States. This []

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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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GUVNL Awards 500MW/1000MWh BESS Projects At 2.80 Lac/MW/Month

Gujarat Urja Vikas Nigam Ltd (GUVNL) has awarded its latest 500MW/1000MWh Battery Energy Storage System (BESS) projects to Solarworld Energy Solutions Limited and HG Infra Engineering Ltd at tariffs ranging from 2.80 lakh to 2.85 lakh per MWh per month. The newly discovered tariffs are about 25% lower than the previously discovered L1 rate of []

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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. Suzlons sharp []

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Update: Rayzon Solars Pre IPO Round Attracts $16.2 Million

An earlier version of this story mentioned Sachin Tendulkar as an investor in Rayzon Solars maiden funding round, based on details from the companys regulatory filing (MGT-14).  However, the latest filing (PAS-3) does not show any share allotment to Tendulkar. Accordingly, we have updated the story and removed his name. Solar panel manufacturer Rayzon Solar []

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