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Green Stocks May 28: Stocks In Consolidation Mode

Consolidation mode for what, you may ask? A breakout, or a collapse? We believe past performance has pretty much ruled out the possibility of the latter, leaving investors hopeful of solid returns from the green pack at some stage this year. Today, it was the green energy developers that had a good day, with all []

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Gujarat: ACME Solar Commissions Its Maiden Wind Power Project

ACME Solar Holdings Ltd has commissioned the first phase of its maiden wind power project at Shapar, in Gujarat, adding 26.4 MW to its operational capacity as part of the planned 50 MW ACME Pokhran wind project. With the latest addition, ACMEs total operational capacity has increased from 2,705 MW to 2,731.4 MW. The project []

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Bondada, Telangana GENCO Ink 204.2 Cr BESS Project PPA

Telangana-based Bondada Engineering has secured a letter of award from Telangana Power Generation Corporation Limited (TGGENCO) for setting up a battery energy storage system (BESS) project. It said in a regulatory filing, We are delighted to inform you that this is a first-of-its-kind order for our company in the BESS business line. It added that []

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Green Stocks May 27- Green Developers Resist Slide

On a day when the markets slumped significantly after a quiet start, the green energy pack did well to resist losing too many of the gains made yesterday. Large developers like Adani Green, NTPC Green, and even the public sector SJVN managed to eke out gains on a day when the selling pressure was high. []

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Green Stocks May 26: Stocks Mount Strong Recovery

As expected, consecutive days of rising markets brought our green energy pack right back into grow mode, with multiple stocks recording a strong recovery after a somewhat subdued Friday. We continue to believe that a sustained market recovery will see the green pack do better than most sectors, thanks to the tailwinds of strong results []

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NVVN Plans To Boost Rooftop Solar In Andaman & Nicobar

NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly owned subsidiary of NTPC Ltd, has now planned to boost the installation of rooftop solar in Andaman and Nicobar. In this regard, the agency has issued a tender seeking developers. As per the tender documents, NVVN has planned to install 3,450 kW grid-connected rooftop solar power systems []

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Auto Component Makers Bet Rs 22000 Cr On EV Capabilities Crisil

Indias automotive component industry is expected to maintain a stable credit outlook this fiscal, supported by strong cash flows and limited debt, despite a continued capex of around Rs 22,000 crore to scale up electric vehicle (EV) capabilities, according to a Crisil Ratings analysis. The sector is projected to record 79% revenue growth, mirroring last []

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Green Stocks May 23: Weekend Portends Volatile Period Ahead

With yet another month a week ago from closing, our green energy pack might yet end with some gains in May, unless some more surprises lie ahead. The big one today was of course the impact of the US move to strip benefits for solar manufacturing firms, which took down all the solar manufacturing firms []

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Lower C&I Tariffs, Residential Support Can Boost RE Shift: CEEW

A new report by the Council on Energy, Environment, and Water (CEEW) and the Alliance for an Energy-Efficient Economy (AEEE) finds that power pricing reforms can drive equitable and scalable electrification. The report highlights that reforms promoting greater rooftop solar penetration in residential buildings and rationalised tariffs for commercial and industrial users are key to []

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