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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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CATL Lists On Hong Kong Stock Exchange, Raises HKD 35.5 Bn

Chinas CATL, a global leader in battery manufacturing, was recently listed on the Hong Kong Stock Exchange (HKEX) under ticker 3750, marking the first A-share company to seek a secondary listing in Hong Kong with a price cap. The company offered 135 million shares before the greenshoe option at HKD 263 each. The initial public []

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May 22- Results, Prospects Support Green Stocks On A Down Day

Strong results from NTPC Green powered up the green energy developer on a day when the markets corrected. Acme Solar, which had also failed to carry its gains yesterday, made yet another attempt to rise, and rose appreciably, as the markets digested the good numbers from the firm as well. Even SME listed Alpex solar []

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BESS Installs In Europe Grow 15% In 2024, Future Growth Expected To Jump

Europe experienced another year of record installations for battery storage, despite slower year-on-year growth, according to the  European Market Outlook for Battery Storage by Solar Power Europe. Europe installed 21.9 GWh of battery energy storage systems (BESS) in 2024, marking the eleventh consecutive year of record installations, and bringing Europes total battery fleet to 61.1 []

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Reversal of Empire Wind Decision Raises Hopes for Offshore Wind Again

The reversal of a month-old stop-work order on Empire Wind by the Trump administration has raised hopes that a more accomodative stance to renewable energy might be possible even with the blatantly resistant Trump administration. The $5 billion wind farm project off the coast of New York, has been allowed to proceed now, subject to []

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US Bitcoin Miner Sangha Launches 19.9 MW Solar Project, Raises $14M

US-based Sangha Renewables, a renewable energy generation firm focused on bitcoin mining and institutional-grade project finance, has announced the groundbreaking of its 19.9-megawatt (MW) mining facility in West Texas. This project is developed in partnership with an independent power producer (IPP). the facility will operate behind the meter on an established large-scale solar energy site []

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5 Reasons For Fall in RE Tenders and Awards in 2025 (And How To Course Correct)

India has long positioned itself as a global leader in renewable energy (RE) growth, driven by ambitious targets, investor interest, and a strong policy push. However, as we step into mid-2025, a worrying trend has emerged. There has been a significant drop in renewable energy tenders and awards, particularly in solar and wind segments. According []

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