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renewable energy power

Saatvik Solar Breaks Ground For 4 GW Module Plant

Haryana based Saatvik Solar Industries Private Limited (“SSIPL”), a wholly owned subsidiary of Saatvik Green Energy Limited (“SGEL”)  hosted the groundbreaking ceremony of its upcoming 4.00 GW solar PV module manufacturing facility on June 5. Being set up on land sub-leased from Tata Steel Special Economic Zone Limited (“TSSEZL”) out of total 57 acres located […]

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Stride Green Raises $3.5Mn Seed Fund From Micelio, Incubate, Others

Stride Green, a climate-tech-focused asset financing and lifecycle management platform, has raised $3.5 million as part of its Seed Funding Round, led by Micelio Technology Fund, Incubate Fund Asia, and other strategic investors. Founded by Ishpreet Gandhi & Vivek Jain, Stride Green intends to empower sustainable businesses through innovative asset management and finance solutions and […]

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Green Stocks June 5- Stocks Exhibit Strength In Positive Market

As markets seemed to welcome a second consecutive day of growth, our green energy pack did not quite outperform as we are used to but showed enough resilience to rise or limit losses. Stocks like KPI Green and Waaree RTL, which had spiked yesterday, could not quite repeat the same today, with Waaree RTL even […]

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Maharashtra: Lloyds Metals In Deal To Get 28.2 MW RE From Hexa

Maharashtra-based Lloyds Metals has signed a Share Subscription and Shareholders Agreement with Hexa Energy MH3 Private Limited and Hexa Climate Solutions to strengthen renewable power sourcing for its operations in Maharashtra, the company said in a regulatory filing. The company shared the details of the agreement in a regulatory filing, which said, “The deal includes […]

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Vedanta Boosts RE Capacity to 1 GW, Targets 2.5 GW By 2030

Vedanta, a diversified conglomerate in energy transition metals, critical minerals, and technology, has ramped up its renewable energy capacity to 1.03 GW (gigawatt) of round-the-clock equivalent power through a series of power delivery agreements. The company aims to scale this to 2.5 GW by 2030 as part of its broader ambition to reach net-zero emissions […]

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Serentica Clinches $100 mn Loan for BALCO Solar Project

Serentica Renewables has secured more than USD 100 million in external commercial borrowing (ECB) from Rabobank and Société Générale to develop a 300 MW solar project in Rajasthan that will supply power to Bharat Aluminium Company Ltd (BALCO), a subsidiary of the Vedanta Group. This marks Serentica’s second ECB deal, reinforcing the company’s push to […]

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THDC Operationalizes 250 MW Tehri Pumped Storage Unit

THDC India Limited (THDCIL), has announced the successful commencement of the COD process of the 1st Unit (250 MW) of the 1000 MW Variable Speed Pumped Storage Plant (PSP) at Tehri, Uttarakhand. This makes Tehri PSP one of the largest Pumped Storage Plants by any Central Public Sector Enterprise (CPSE) and the first Variable Speed […]

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Green Stocks June 4: EPC Stocks In Focus

On one of those rare days more reminiscent of the boom time from 2023, both KPI Green and Waaree RTL shot up over 4% as investor enthusiasm for the two solar EPC stocks returned. Strong results backed by positive management commentary on prospects going ahead seem to have given confidence to many, as the two […]

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Enfinity Global Sells Minority Stakes in 380 MW ESS Projects

Enfinity Global Inc., a leading U.S.-based renewable energy developer, has sold a 49% minority stake in two large-scale battery energy storage system (BESS) projects totaling 380 MW to Japan’s Daiwa Energy & Infrastructure Ltd. (DEI), a unit of the Daiwa Securities Group. Enfinity will retain a 51% controlling interest and continue to lead the development, […]

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