Green Stocks May 28: Stocks In Consolidation Mode Updated On Wed, May 28th, 2025 by Saurenergy Consolidation mode for what, you may ask? A breakout, or a collapse? We believe past performance has pretty much ruled out the possibility of the latter, leaving investors hopeful of solid returns from the green pack at some stage this year. Today, it was the green energy developers that had a good day, with all […] Read more
India’s Electricity Demand to Grow 6-6.5% Over Five Years: ICRA Updated On Wed, May 28th, 2025 by Saurenergy India’s electricity demand is expected to grow at a compound annual growth rate (CAGR) of 6.0–6.5% over the next five years, supported by rising consumption from electric vehicles (EVs), data centres and green hydrogen projects, ratings agency ICRA said. For FY2026, ICRA projects demand growth at 5.0–5.5%, lower than the estimated GDP growth of 6.5%. […] Read more
Engie Gets Financial Closure For 200 MW Khavda Solar Project Updated On Wed, May 28th, 2025 by Saurenergy French energy company ENGIE has achieved financial closure for its upcoming 200 MW solar project in Khavda, Gujarat, in partnership with MUFG Bank Ltd. and Crédit Agricole CIB. The project is being developed through ENGIE’s subsidiary, Enren-II Energy Private Limited. It is expected to generate approximately 550 GWh of electricity annually and avoid over 1,650 […] Read more
Gujarat: ACME Solar Commissions Its Maiden Wind Power Project Updated On Wed, May 28th, 2025 by Saurenergy ACME Solar Holdings Ltd has commissioned the first phase of its maiden wind power project at Shapar, in Gujarat, adding 26.4 MW to its operational capacity as part of the planned 50 MW ACME Pokhran wind project. With the latest addition, ACME’s total operational capacity has increased from 2,705 MW to 2,731.4 MW. The project […] Read more
FY25: Mufin Green Finance Reports 20% Surge In Profit Updated On Wed, May 28th, 2025 by Saurenergy Mufin Green Finance, a non-banking financial company (NBFC) specializing in financing renewable energy and electric vehicle (EV) projects, has reported strong growth in revenue and profitability for the financial year ended March 31, 2025 (FY25), driven by a surge in clean mobility and energy lending. Financial Performance (FY25 vs FY24) The company’s Revenue from Operations […] Read more
ALMM May Update- Goldi, Premier, RenewSys Dominate New Additions Of 8653 MW Updated On Wed, May 28th, 2025 by Saurenergy The May update of the Approved List of Module Manufacturers from the Ministry of New and Renewable Energy (MNRE) is out with possibly the highest ever addition of capacity and new manufacturers in a long time. IN a letter dated May 21, the MNRE has made some changes to the list , with BIS number […] Read more
Bondada, Telangana GENCO Ink ₹204.2 Cr BESS Project PPA Updated On Tue, May 27th, 2025 by Saurenergy Telangana-based Bondada Engineering has secured a letter of award from Telangana Power Generation Corporation Limited (TGGENCO) for setting up a battery energy storage system (BESS) project. It said in a regulatory filing, “We are delighted to inform you that this is a first-of-its-kind order for our company in the BESS business line.” It added that […] Read more
Green Stocks May 27- Green Developers Resist Slide Updated On Tue, May 27th, 2025 by Saurenergy On a day when the markets slumped significantly after a quiet start, the green energy pack did well to resist losing too many of the gains made yesterday. Large developers like Adani Green, NTPC Green, and even the public sector SJVN managed to eke out gains on a day when the selling pressure was high. […] Read more
KREDL Floats 250MW/1100 MWh Solar-BESS Tender At Pavagada Updated On Tue, May 27th, 2025 by Saurenergy The Karnataka Renewable Energy Development Limited (KREDL) has floated its Tranche I Solar + Battery Energy Storage System (BESS) tender to develop a 250 MW solar project integrated with a 250MW/1,100 MWh BESS. The project, located in Ryapte, will supply peak power and optimize grid utilization at the Pavagada Solar Park under a Build-Own-Operate (BOO) […] Read more
