Green Stock Oct 29: Listless Day For Green Stocks As Holiday Mood Sets In Updated On Tue, Oct 29th, 2024 by Saurenergy Even as the market remained volatile, our green energy pack had a broadly listless day, with most stocks, other than JSW Energy which jumped over 5%, remaining range bound, with a bias towards sudden slippages. That is also a hazard of the lower trading volumes these stocks generally attract, especially the small cap stocks like […] Read more
Adani Green Optimistic To Add 6 GW RE Capacities In FY25 Updated On Tue, Oct 29th, 2024 by Saurenergy Notwithstanding the interruptions in pace of renewable project installations, triggered by delayed monsoons, Adani Green is optimistic about its target of adding 6 GW of operational capacity in FY25. In its latest investors call, the top management of the firm expressed optimism on its growth trajectory for the current fiscal. The company said that it […] Read more
India Can Turn To Global South For Its Critical Minerals Needs: IEEFA Updated On Tue, Oct 29th, 2024 by Saurenergy India’s minerals are at risk due to high import dependency and reliance on a few countries. Currently, India depends on resources such as synthetic and natural graphite, lithium oxide, nickel oxide, nickel sulphate, and copper cathodes. The study highlights the need for a diversified procurement strategy for these minerals to reduce trade risks. These minerals […] Read more
ALMM: India’s Enlisted Module Production Capacity Crossed 60 GW Updated On Tue, Oct 29th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) today issued the fresh Approved List For Models and Manufacturers (ALMM) for the solar module makers. The latest list saw a surge in the enlisted production capacity of Indian solar module manufacturers. With the inclusion of the new enlisted capacities, India’s cumulative enlisted domestic module manufacturing capacity […] Read more
Oct 28: Mixed Performance For Green Stocks Updated On Mon, Oct 28th, 2024 by Saurenergy On a day when the markets finally reversed the downward trend, green stocks benefited broadly as well. the highlight of the day was no doubt the debut of Waaree energies limited, which listed at an over 50% premium and maintained that level by closing. Even that amazing start may have disappointed many observers who were […] Read more
Public Capital and Solar Firms- Made For Each Other? Updated On Mon, Oct 28th, 2024 by Saurenergy What a difference four years can make! It was just over four years ago in September 2020 when SaurEnergy wrote about how access to capital markets was a glaring disadvantage for India’s aspiring solar firms vis-a-vis China. Highlighting the contrasting performances of the few listed firms then, namely, Adani Green (Developer), Sterling and Wilson Solar […] Read more
Servotech Launches Micro & Hybrid Inverter, Solar Pump Controller & More Updated On Mon, Oct 28th, 2024 by Saurenergy Delhi-based Servotech Power Systems Ltd., a renewable energy solutions company, launched a series of new products in a recent ceremony. The company, which has had a strong track record in manufacturing electric vehicle charging stations and equipment is now on an aggressive drive to wider its product offerings. Raman Bhatia, Founder and MD of the […] Read more
Hybrid Inverter Makers Expect Good Days Ahead, Switches To Action Mode Updated On Mon, Oct 28th, 2024 by Saurenergy After the Ministry of New and Renewable Energy (MNRE) clarified the eligibility of hybrid inverters under the PM Surya Ghar scheme, solar inverter manufacturers in India are anticipating increased demand within the residential rooftop segment. Hybrid inverters, traditionally used in remote or weak-grid areas, allow consumers to maximize on-site solar power utilization. By utilizing energy […] Read more
Green Stocks Oct 25: Green Stocks Continue To Suffer Setbacks Updated On Fri, Oct 25th, 2024 by Saurenergy Amid the overall downfall of the stock market, green companies continued to see difficult times too. Most of the green energy companies today reported negative growth except JSW Energy. JSW Energy was the only green stock that witnessed positive growth. The firm reported a total growth of 0.01 percent. This comes after the firm reported […] Read more