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Indus Towers Plans To Foray Into EV Charging Infrastructure Space

Indus Towers, a telecom tower infrastructure provider, has decided to explore business opportunities in the Electric Vehicle (EV) charging infrastructure sector. The company received approval from its Board of Directors to proceed, subject to a prudential framework. This comes after the firm already tried its hands on the same through some pilot projects. Indus Towers […]

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Adani Green Q3 Results- PAT Rises 85% To Rs 474 crore

Adani Green Energy Ltd (AGEL), the green energy developer arm of the Adani Group declared its financial results for Q3 FY25 on Thursday evening. The firm has posted a strong set of results, posting an over 85 percent rise in consolidated net profit to Rs 474 crore for the December quarter on the back of […]

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Green Stocks Jan 23: Recovery Continues To Evade Green Stocks

Today was one of those rare trading days when the market recovery outran any recovery in green stocks. So bad was the situation that even the news of Waaree Energies starting commercial production at its US plant did not move the stock, instead correcting by over 3%. While public sector SJVN did continue its weak […]

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Rajasthan: POWERGRID Commissions RE Evacuation Projects

POWERGRID Sikar Transmission Limited, a wholly owned subsidiary of Power Grid Corporation of India Ltd (PGCIL) today announced the commissioning its assigned work of augmenting the power evacuation from the solar energy zones of Rajasthan. The project was envisioned to evacuate 8.1 GW of green power from the zones. POWERGRID, in its filing before the […]

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The Surprising Country Investing Big In Energy Storage

In common perception, the drive towards a green energy transition is placed as a tussle between those who want green, clean energy, and those who depend on fossil fuels, and hence do everything to delay or discredit the transition. The pronouncements by President Trump, to ‘drill baby drill’ for that country’s oil and gas sector, […]

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Green Stocks Jan 22: No Respite For Green Stocks

Other than the redoubtable Shakti Pumps, and a little upward move in Borosil Renewables, green stocks continued to seek support as selling pressure continued today. While market watchers attribute the weakness to the host of measures promised and some taken by the new Trump administration, it doesn’t quite explain the weakness in India. The weakness […]

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Avaada Closes Financing For 9 of Its Diverse RE Projects In Q3FY25

Avaada Group, a company operating in India’s renewable energy landscape, has successfully completed financing/refinancing of nine of its projects across the business divisions totaling for an amount of INR 8500 Crs (~USD 1 Bn). The transactions include a mix of Utility scale IPP projects, large-scale Agri Photovoltaic projects, Merchant power generation projects, C&I projects and […]

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H2, Inc. Secures $16mn Funding to Expand Flow Battery Manufacturing

H2, Inc., a Vanadium Flow Battery (VFB) developer and manufacturer headquartered in South Korea, successfully raised $16 million in recent bridge funding, finalized in the second half of 2024. This brings the company’s total accumulated funding to $77 million. The round was led by STIC Investments, one of the largest and leading private equity firms in Korea, with […]

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