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PPAs signed for first Wind Auction totalling 1050 MW

Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Shri Piyush Goyal presided over the signing of Power Purchase Agreements (PPAs) for purchase of 1050 MW of wind power under Ministry of New and Renewable Energy (MNRE)s first Wind Auction Scheme here today. The PPAs were signed between PTC India []

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Green Stocks April 11: A Day To Shine

We finally had a day where most green stocks in our pack outshone the market. While it is anyones guess how long the recovery will sustain, it was certainly obvious that value buyers are taking a second look at green energy after a sharp correction in many cases. The big standouts today were the wind []

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Suzlons Order Book Changes- A Sign Of Things To Come?

In the wake of some wind project developers pulling back on orders, Indian wind turbine manufacturer Suzlon has faced challenges. The leading Indian wind energy manufacturer surprised market watchers last Friday by announcing the cancellation and reduction of three significant orders. Order Cancellations and Reductions In its latest regulatory filing before the stock exchange, Suzlon []

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Senvion Announces Crossing 1 GW WTG Capacity In India

Wind turbine manufacturer Senvion today announced crossing 1 GW of wind turbine manufacturing capacity in India. Meanwhile, the firm also announced completing the manufacturing of 500 nacelles from the Baramati (Maharashtra) plant and 500 sets of blades from blade factories in Vadodara (Gujarat) and Tiruchirappalli (Tamil Nadu). Senvion runs its business with Make in India []

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Green Stocks March 10: Monday Blues For Green Stocks

After the somewhat hesitant recovery of sorts we saw in some stocks last week, it was back to the slide again, as green energy stocks followed market directions to a T. From Gensol, (Down 5%)to KPI Green (Down over 4%) to Premier Energies and Waaree Energies, all suffered significant losses as the market mood remained []

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Green Stocks Feb 28: High Fliers Continue To Be Pulled Down

Even as markets continued to haemorrhage through new bottoms every week, this one has been a particularly tough week for our green pack too. All stocks falling on any day is no longer the rarity it was just a month ago, and today was no exception. Reliance backed Sterling and Wilson Renewable  and Waaree Renewable []

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Green Stocks Feb 25: Choppy Waters Still For Green Stocks

As Indias leading stock market index struggled to find a bottom, there was no such luck for the mid-cap and small-cap indices, which continued to lose ground. That meant most green energy stocks followed suit, with just a little value buying perhaps among the solar manufacturers, WAAREE Energies and Premier Energies. Interestingly, both the wind []

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Green Stocks Feb 19: Stocks Claw Back Losses

On an ordinary day with no decisive move for the Nifty, our green pack certainly found the energy to make a move to recover some of the lost ground in recent weeks. That meant stocks like Shakti Pumps, KPI Green, and even SWREL made strong gains. Wind energy stocks Inox Wind and Suzlon gained as []

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