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Green Stocks June 11: Renewable Firms Lose Ground

After days of profitability, the majority of the green stocks today suffered a setback. Barring a few companies, most of the Indian listed solar companies reported a decline in their stock prices. This is despite the encouraging market indices. Only four renewable energy stocks reported an increase in their values. The highest stock price rise […]

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No Transmission Charges On BESS, PSPs Till June 28: Govt

Ministry of Power has issued a long-awaited notification waiving inter-state transmission system (ISTS) charges for Energy Storage Systems (ESS), including pumped hydro and battery projects, as part of efforts to support renewable energy integration. The order builds on earlier ministry notifications issued on December 23, 2016; November 2, 2021; December 1, 2022; December 6, 2022; […]

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Green Stocks June 10: Green Stocks Shine With Few Exceptions

Most of the green energy stocks today continued to shine with positive growth of market indices. However, a few companies suffered a jolt with a marginal dip in the values of their stocks. The only three stocks that reported negative growth included Waaree Renewable Technology, the EPC arm of the Waaree Group, Shakti Pumps, and […]

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Enfinity Global Signs PPAs For 420 MW RE Supply In Italy

United States (US) based Enfinity Global has signed Power Purchase Agreements (PPAs) in Italy with a US technology company to supply renewable energy from a 420 MW portfolio of solar PV projects. The company has contracted 805 MW over the last two years in Italy, with major corporations and industrial customers. Enfinity is currently Italy’s […]

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Avaada Electro Flaunts 720Wp Modules, Nagpur Unit Gets A Fillip

Avaada Electro, the solar manufacturing unit of the Avaada Group, said on Tuesday that its Butibori facility in Nagpur, Maharashtra, has been included in the Ministry of New and Renewable Energy’s (MNRE) Approved List of Models and Manufacturers (ALMM). The listing includes Avaada’s G12 glass-to-glass modules with power output of up to 720 Wp, and […]

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Govt Picks 15 States, NTPC To Offer VGF Support For BESS

The Ministry of Power has approved a ₹5,400 crore ($650 million) viability gap funding (VGF) scheme aimed at accelerating the deployment of Battery Energy Storage Systems (BESS) across the country, according to a latest notification issued by the Ministry of Power. Funded through the Power System Development Fund (PSDF), the scheme will support the development […]

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Green Stocks June 9: Stocks Make Steady Gains On Positive Day

With the euphoria of the rate cut behind now, markets moved higher today but much more carefully. Our green pack followed the trend, consolidating gains even as some, like Shakti Pumps continued where they left off on Friday, with 6% gains. Key developer stocks like NTPC Green and Tata Power gained on the back of […]

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Hyundai Buys 26% Stake in Fourth Partner’s TN Wind Farm

Hyundai Motor India has invested ₹16.58 crore as the first tranche to acquire 23,62,638 equity shares in Fourth Partner FPEL TN Wind Farm Private Limited, a special purpose vehicle (SPV) of Fourth Partner Energy. The shares were allotted via private placement on June 6, 2025. Following the infusion, Hyundai now holds a 26.13% stake in […]

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SNEC 2025: Solis Marks 20th Anniversary With New Hybrid Inverter, AI Platform

Global solar inverter manufacturer Solis will mark its 20th anniversary with the launch of its 125kW wall-mounted hybrid inverter and an AI-powered energy management platform at the SNEC 2025 trade show in Shanghai, the company said in a media statement. Founded in 2005 in Ningbo, Solis claims to have shipped over 100 GW of solar […]

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