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solar business

Refex Green Mobility to Acquire Gensol’s 2,997 EVs & Associated Debt of Rs 315 Crore

Gensol Engineering Limited and Refex Green Mobility Limited have entered into a strategic tie-up for the transfer of 2,997 electric four-wheelers (e4Ws) owned by Gensol to Refex. This strategic tie-up will involve Refex eVeelz assuming Gensol’s existing loan facility, streamlining operations, and enhancing the deployment of e4Ws across key markets, including Chennai, Bengaluru, Hyderabad, Mumbai, […]

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Su-Kam Power To Unveil 500 MW Lithium Plant In Himachal

Su-Kam Power Systems Ltd, a power solutions company is now gearing up to revolutionize the energy sector with its proposed 500MW Lithium Plant. Talking about the proposed plan of the company, the management of the firm said that new intervention is likely to add new feature to the cap of the energy firm. Business Head – […]

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Waaree Energies, JSW Acquire Renewable Assets In Deals Amounting to Rs 1400 Crores

On Jan 10, Waaree Energies Limited announced  the signing of a Share Purchase Agreement with Enel Green Power Development S.r.l (“Seller”) for acquisition of 100% of the share capital of Enel Green Power India Private Limited for a total amount of upto INR 792 Crores, subject to customary closing adjustments. Italy-based Enel is one of […]

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Green Stocks Jan 10: Retreat Turns To Rout As Selling Pressure Continues

Like a Self-fulfilling prophecy, days of continuous falls have finally established a pattern of more selling in green stocks as well. On the last day of the week, it was time for many investors to sit on the fence, hoping for even more drops, as the fall continued unabated. It was a day when the […]

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Bridging the Gender Gap in India’s Green Energy and EV Sector

India stands on the brink of a green revolution, with significant strides being made in the green energy and electric vehicle (EV) sectors. However, as we pave the way for a sustainable future, it is crucial to address the glaring gender gap in these industries. Increasing women’s workforce participation is not only a matter of […]

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ReNew Slots In The Top 10 Percentile In S&P Corporate Sustainability Scores

ReNew has scored 71, registering a remarkable ~30% enhancement in its score This achievement places ReNew in the top 10 percentile of the global energy sector   ReNew Energy Global Plc, which has consistently been among the top 3 renewable energy and now decarbonization solutions provider over the past three years in India, has another […]

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Gridlock Ahead? Transformer Shortage and the Renewable Energy Challenge

Transformers play a vital role in energy distribution systems by converting high-voltage electricity from transmission lines into low-voltage electricity for consumer use. Thus any supply disruptions in the supply of this essential component, coupled with resultant rising prices in the global transformer market, can significantly affecting utilities. Over the past three years, this situation has […]

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Envision Gets 1GW Wind & 320 MWh BESS Orders From Juniper

Envision Energy India announced that it has signed up with Juniper Green Energy (JGE) for the supply of 200  EN 182|5MW Turbine Platform and its maiden 320 MWh BESS (Battery Energy Storage Systems). JGE will deploy the wind turbine generators (WTG) for various projects won under State & Central auctions and the BESS package for […]

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Solex Energy Achieved 103% Revenue Growth In First 9 Months Of FY 2024

Surat based Solex Energy Limited (NSE: SOLEX), one of India’s most established solar brands, has announced its  financial performance for the year to date (YTD) or nine months ending 31 December. The company reported consolidated revenue of ₹408 crores, reflecting an impressive 103% increase from the previous year for the same period. The company is […]

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