Suzlon snaps three-day fall; stock jumps 4% on bagging new order
Suzlon Energy has secured a new order to develop a 100.8 MW wind power project for a leading global utility company.
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Suzlon Energy shares jump 4% on bagging new order; zoom 370% in 7 months
Shares of Suzlon Energy surged on Friday after the company secured an order for its 3 MW series turbines from Juniper Green Energy.
Suzlon shares fall 3% as Sun Pharma's Shanghvi terminates investor agreement
Dilip Shanghvi family and associate companies terminated shareholders' agreement with Suzlon, which was signed in February 2020.
Adani Green Energy Q1 profit jumps 51% to ₹323 cr; revenue up 41%
Sequentially, the consolidated net profit dropped 36.3% and total revenue fell 19.5% during the quarter under review.
Return of Wind
India's wind sector, going through a rough patch, is set for a rebound as the Centre tweaks auction policy, plans offshore wind projects and focuses on replacing old mills.
Inox Wind Energy shares zoom 19% on merger with parent
The smallcap stock has risen 385% in the last one year, from its 52-week low of ₹442.95 on June 23, 2022, to an all-time high of ₹2,150 intraday today.
Russia-Ukraine war short distraction to net zero emissions: Credit Suisse
The U.S. is leading the green spending charge with its Inflation Reduction Act, says Credit Suisse in a report.
March towards net zero: India's green power generation up 19% in FY23
When it comes to using renewable energy, Rajasthan and Gujarat are at the forefront, followed by Tamil Nadu, Karnataka, and Maharashtra.
For the first time, India will have windmills in sea soon; massive 13MW mills planned
Unlike onshore wind power mills where the capacity is less than 1MW, offshore wind power mills will have a minimum capacity of 13MW.
Windmill replacement up against hurdles
As of 22 November 2022, India's wind energy capacity was 41.8 GW and only 1.45 GW of wind capacity was added in 2021.
