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Consolation to Domestic Households for Installation of Solar Panels-MNRE

India Government has set an objective for establishment of 100 GW Solar based power plant by the year 2022. This was expressed by, Shri Piyush Goyal Minister of State (IC) for Power, Coal and New and Renewable Energy in a composed answer to a question in the Rajya Sabha. The Legislature has found a way […]

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Green Stocks July 3- Stocks Continue To Struggle

With the July 9 ‘deadline’ for an Indo-US trade agreement coming closer all the time, markets were understandably nervous about the possible outcomes. An expiry day further kept prices subdued, leading to a few breakouts among green stocks as well. Waaree Energies and Waaree RTL, however, did make an earnest push to gain ground, on […]

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July 1: Green Stocks Seek Direction

With Q1 finally behind the pack, it was obvious that, much like the market, green stocks would also be seeking direction going ahead. A key factor will be the India-US trade agreement, if it is announced, even an abridged version as indicated, in the next two weeks. One feels the whole market will let out […]

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June 27- Intermittent Messaging Continues From Green Stocks

If green energy has to fight the challenge of intermittent energy generation, then our green energy pack has been fighting with the same issue on the markets as well this week. Most Stocks failed to establish a clear direction, even as some like Tata Power made strong upmoves in a single direction. the challenge is […]

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Odisha To Meet 33% Of Its Power Needs Through RE By 2036

Odisha has attracted over ₹5 trillion in investments across manufacturing sectors over the past three years, with 14% flowing into green energy equipment and 8% into electric vehicles (EVs) and EV components. In its “Odisha Vision 2036 & 2047” document, the state outlined plans to meet at least 33% of its energy needs from renewables […]

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Green Stocks June 19: Stocks Face Brunt Of Uncertainty

You would be forgiven for thinking green stocks have had an unusually poor day vis-à-vis the key indices. But on a day of strong dichotomy between the Nifty and the broader small cap and mid-cap indices, green energy stocks suffered massively. Be it developers, EPC firms or solar manufacturers, none was spared by an unforgiving […]

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Green Stocks June 17: Uncertainty Drags Stocks Lower

It was one of those rare days when the small-cap and mid-cap indices moved in step with the larger indices. That meant a broad correction in green energy stocks, even as some bucked the trend thanks to the good news that is always around the corner for the sector. The good news in this case […]

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2030 Target No Longer Bold Enough, Look Beyond 500 GW

India’s pledge to install 500 GW of non-fossil energy by 2030 was hailed as bold and transformational when announced at COP26 in 2021. However, this target is no longer sufficiently ambitious compared to what the country has potential to achieve, thanks to the overall evolution of the energy landscape through the last few years.  For […]

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Green Stocks May 2: No Weekend Joy for Most In Green Pack

On a day when the markets see-sawed between cautious optimism and pessimism, only developers saw some joy in the green pack. Perhaps it is a factor of how far they have been beaten down from their highs that drew in bottom fishing, but the picture remained dull for green energy stocks. EPCs like KPI Green […]

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