SUBSCRIBE NEWS LETTER

energy price

Indian Green Stock Jan 8: Shakti Pumps, Borosil Shine Amid Slowdown

At a time when most of the Indian green stocks suffered a jolt and reported negative growths, two companies reported an increase in their stock values. These included Indian solar glass maker Borosil Renewables and Madhya Pradesh-based solar pump company Shakti Pumps. The two companies witnessed a rise of 5% each on the day full []

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2024: Germanys Solar Production Exceeds 100 GW Mark

At the turn of the year, Germanys total solar output, including all solar power plants installed in the country, has now exceeded the 100 gigawatts (GW) mark. These recent projections were made by the German Solar Industry Association, based on data from the Federal Network Agency (BNetzA). The solar power plant portfolio covered around 14 []

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Teerth Gopicon, Reliance Win SJVNs 5.8 MW Rooftop Solar Bid

SJVN has declared Teerth Gopicon and Reliance Industries as the winners of its 5,830 kW grid-connected solar project tender. The tender was floated under the PM Surya Ghar scheme. The tender for this project was released in September, and the results were declared within four months. According to the tender results, Teerth Gopicon secured 5,705 []

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Green Stocks Jan 7: Stocks Recover Some Losses On Volatile Day

Green stocks recovered some of their losses from yesterday today, even as the recovery was nowhere close to the ferocious selling and losses suffered yesterday. Leading the way were Borosil Renewables, Shakti Pumps, and EPC firm Gensol. Others, even as they recovered, saw gains to varying degrees, and to that extent, remain rangebound for now. []

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Gold Plus Forays Into Solar Glass Manufacturing In Karnataka

Delhi-based solar glass manufacturer Gold Plus Glass Industry (Gold Plus) recently commissioned its manufacturing facility in Karnataka. The company is one of the largest float glass manufacturers in India, holding a 22% share of the countrys float glass manufacturing capacity as of September 30, 2023 (Source: CRISIL Report, January 2024). With this new solar glass []

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ENGIE India Targets 7 GW utility Scale Portfolio by 2030

In this interview with SaurEnergy, Amit Jain, Managing Director India & South East Asia for ENGIE, the French Multinational Power giant. ENGIE India has been present in the country for a decade now, and looking to play a key role in the countrys transition to a greener grid. The company stands out for its focus []

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Green Stocks Jan 6: Green Stocks Roll Over as Broader Market Slumps

In possibly one of the toughest market days in the past 12 months, all green energy stocks in our basket faced pressure today, with most coming out badly from the selling spree. With a majority belonging to the small-cap and mid-cap space, which was particularly hard hit, the damage is all too visible. And so []

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Tender, Tariff, and Takers: 2024 A Brief Review

The renewable energy landscape is witnessing a transformative shift, with bidding processes increasingly favoring innovative solutions like Round the Clock (RTC) energy, Firm and Dispatchable Energy (FDRE), and wind-solar hybrid (WSH) tenders. Notably, energy storage has emerged as a game-changer, becoming an integral component of many new tenders. According to an SBI Caps report, storage []

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NTPC REL Bags UPPCLs 1 GW Solar Project At Rs. 2.56/kWh

NTPC Renewable Energy Limited (NTPC REL), an NTPC Limited subsidiary, emerged as the successful bidder in the Uttar Pradesh Power Corporation Limited (UPPCLs) e-reverse auction. Out of the initial tender to select solar power developers for 2000 MW ISTS-connected solar PV power projects, NTPC REL secured a 1,000 MW capacity at a tariff rate of []

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