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Green Stocks Jan 31: Will The Budget Light Up Green Stocks?

The answer to our headline seems to be a yes, going by the performance of our green energy pack today. While Waaree Energies stood out after delivering a stellar set of results that are much closer to the firm’s potential for the next year as well, it is the firm’s commentary that should interest analysts. […]

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Solar Journey of Africa: 2024 in Review and the Road Ahead

Africa is the continent with the world’s largest solar energy potential and investment is the only thing that’s keeping Africa from powering its development using this potential. The solar growth in Africa remained modest in 2024 in the face of structural challenges such as limited financing, regulatory barriers and infrastructure constraints which still impede the […]

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Jakson Green & Blueleaf Energy Tie-Up For 1 GW Solar Portfolio

Jakson Green (JGPL), a leading new energy transition platform, and Blueleaf Energy (Blueleaf), a pan-Asian renewable energy platform owned by a Macquarie Asset Management managed fund, have announced their strategic partnership with a 1-gigawatt (GW) solar portfolio in Rajasthan, representing an investment of USD 400 million. The partnership will focus on jointly developing and building […]

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As India Goes Past 100 GW Solar Milestone, No Time To Rest

If ever there was a better use of the term turning point, inflection point, or simply the year when everything fell into place, 2024 would probably come the closest for the Indian solar market. These 365 days proved to be a harbinger of several good news for the different stakeholders in the industry, including solar […]

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Q3 FY25: ACME Solar’s PAT Up By 152% YoY, PAT Margin At 28%

ACME Solar Holdings, in its Q3 FY25 financial results, reported a 152% year-over-year (YoY) increase in Profit After Tax (PAT). It also reported a 632.5% jump in its net profit on a Quarter-On-Quarter (QoQ) basis. The PAT margin reached 28%, while the net debt-to-equity ratio stood at 1.6x. The company’s total revenue increased by 9.9% […]

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News In Brief: Sunsure Solar Project Win, LivFast Inverter & Others

LivFast Launches Smart Wi-Fi Inverters With MS Dhoni Livfast, an energy storage solutions brand under the SAR Group, has unveiled its latest TVC featuring cricketer MS Dhoni: Smarter Hai to Hai. The TVC highlights Livfast’s smart inverter technology, underscoring the brand’s commitment to innovation and customer-centric solutions. The TVC portrays Dhoni’s characteristic resilience and focus, […]

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Husk Power, Acumen Tie Up To Boost Solar Mini-Grids In Congo

Husk Power and Acumen today announced $500,000 funding in the form of a grant from Acumen’s Hardest-to-Reach (H2R) initiative to support the company’s entry into the Democratic Republic of Congo (DRC), growing access to decentralized renewable energy solutions in the world’s second-largest population living without access to electricity. Announced at the Mission 300 Africa Energy […]

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Global Solar Installations In 2025 To Stagnate At 493 GWdc: Report

The global solar market continued its growth trend in 2024 to reach 495 GWdc installed capacity, with a 14% increase compared to 2023. A latest Wood Mackenzie report estimates a rise in power demand across regions due to the proliferation of data centers and growing electrification trends. However, the research report also cautions against several […]

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ALMM: Vikram Solar, Rayzon, Swelect & Others Add New Capacities

The Ministry of New and Renewable Energy (MNRE) has released its updated Approved List of Models and Manufacturers (ALMM), pegging India’s cumulative enlisted solar module manufacturing capacity at 67.40 GW. New Entrants and Capacity Additions The latest ALMM highlights the addition of new capacities from eight domestic solar module manufacturers, including three new entrants. Notably, […]

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