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ReNew, Enfinity, Serentica Among Winners of SJVN’s FDRE tender

SJVN has announced the winners of its 1.2 GW Firm and Dispatchable Energy (FDRE) tender. As per the tender announcement, SJVN awarded the bids to ReNew Solar Power, EG Energy Development (Enfinity Global), Dineshchandra R Agrawal Infracon, Serentica Renewables India, and Tata Power Renewable Energy to develop 1,200 MW ISTS-connected projects for firm and dispatchable […]

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Green Stocks Feb 27: No Respite As Slide Continues

The pressure on mid and small cos. was amply captured across most Green energy stocks, as most shed further points today. Acme Solar was the lone exception, and that too by not much. A visit from the taxman at their offices proved to be especially costly for Waaree Energies and Waaree Renewable Technologies, as both […]

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Green Stocks Feb 25: Choppy Waters Still For Green Stocks

As India’s leading stock market index struggled to find a bottom, there was no such luck for the mid-cap and small-cap indices, which continued to lose ground. That meant most green energy stocks followed suit, with just a little value buying perhaps among the solar manufacturers, WAAREE Energies and Premier Energies. Interestingly, both the wind […]

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Green Stocks Feb 24: An End To Pain In Sight?

It might sound like a contrarian perspective, but we believe that the end to market pain is in sight. And with that, the steep correction in our green energy pack as well. This is a matter of valuations, the impact (or non-impact) of anticipated events like Trump tariffs, and a change in market dynamics in […]

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Green Stocks Feb 21: Stocks Struggle To Hold Gains

It was deja vu time for green energy shareholders today, as most stocks struggled to hold on to the gains made yesterday. Shakti Pumps which had been pumped up a full 5% yesterday, and EPC player Waaree RTL were the exceptions, as they continued to build on yesterday’s gains. Others like Premier Energies continued to […]

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Solar Rooftop Firm SolarSquare Records Rs 175 crore Topline In Fy24

Rooftop solar solutions provider SolarSquare recorded a 63.5% year-on-year growth in its operating scale, reaching Rs 175 crore in revenue in the last fiscal year. However, this growth came at a high cost, as the company’s losses surged 2.3X in FY24. SolarSquare’s revenue from operations grew to Rs 175 crore in FY24 from Rs 107 […]

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Green Stocks Feb 20: Stocks Continue to Recover Lost Ground

It was yet another day for green energy stocks to mount a determined effort to recover the ground they have lost, although one still has to wonder if this one will last. That meant, other than Premier Energies, almost every stock gained during the day with some like Shakti Pumps, Acme Solar, Sterling and Wilson […]

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Green Stocks Feb 19: Stocks Claw Back Losses

On an ordinary day with no decisive move for the Nifty, our green pack certainly found the energy to make a move to recover some of the lost ground in recent weeks. That meant stocks like Shakti Pumps, KPI Green, and even SWREL made strong gains. Wind energy stocks Inox Wind and Suzlon gained as […]

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Maharashtra: Alpex Solar Wins Rs 45 Crore Order from MSEDCL

Alpex Solar today announced that it has secured a significant order from Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). Valued at Rs 45 crore, the order is part of the Magel Tyala Saur Krushi Pump scheme, a key initiative aimed at enhancing agricultural productivity by providing farmers with access to sustainable solar-powered water pumps. As […]

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