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solar developers in india

Waaree Renewable Technologies Expects A Likely Rise Of Orders From PSUs

Waaree Group’s EPC arm, Waaree Renewable Technologies Limited, is now anticipating a rise in opportunities for solar developers in India in the coming days. This is likely to see a transition of the order books of the developers, the top management opined in a recent investors call.  Dilip Panjwani, Chief Financial Officer (CFO) of Waaree […]

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Corporate Renewable Procurement of 7 GW Sets New Record in Asia Pacific

A study authored by Kyeongho (Ken) Lee, Principal Analyst, Asia Pacific Power & Renewables at Wood Mackenzie reveals that Corporations in Asia Pacific are set to contract a record 7 GW of renewable capacity in 2022. This is an 80% increase on 2021 as markets emerge from pandemic-related disruptions. Demand is largely driven by ambitious […]

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Green Stocks June 6- Surprise Rate Cut Leaves Some Stocks Behind

On a day when the RBI as expected cut rates, it was the quantum of the rate cut that surprised quite a few people in the markets, the 50 bps cut along with the CRR cut indicating the quite aggressive mindset to power growth. While whether it works or not will be known only later, […]

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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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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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APTEL Upholds ‘Change in Law’ Claims for O&M Expenses

The Appellate Tribunal for Electricity (APTEL) has set aside a 2022 order of the Madhya Pradesh Electricity Regulatory Commission (MPERC) in a case concerning GST-related cost claims by ReNew Clean Energy Private Limited, an independent power producer (IPP). The tribunal ruled in favour of ReNew, recognizing the introduction of the Goods and Services Tax (GST) […]

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Green Stocks May 28: Stocks In Consolidation Mode

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 […]

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FY25: Mufin Green Finance Reports 20% Surge In Profit

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 […]

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SECI Awards 1.2 GW RTC Renewable Tender To Hero, Hexa, Semcorp, Jindal & ABC Cleantech

Solar Energy Corporation of India has now awarded its 1.2 GW round-the-clock (RTC) renewable energy tender to five developers—Hero Solar Energy, Hexa Climate Solutions, Sembcorp Green Infra, Jindal India Power, and ABC Cleantech. SECI allocated 420 MW capacity out of its 1.2 GW round-the-clock (RTC) tender. SECI floated the tender for this project in November 2024 […]

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