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Suzlon Energy shares rise 2% after firm announces foray into solar, battery storage businesses under 'Suzlon 2.0'
Suzlon Energy shares gained on Thursday after the company unveiled its ‘Suzlon 2.0’ strategy, expanding beyond wind energy into solar and battery storage solutions. The company aims to build a 15 GW order book by FY31, quadruple renewable energy sales and strengthen its position as a full-stack renewable energy player.
Growing role of SMRs for defence manufacturing and data centre operation
India's growing defence and data centre sectors face a critical need for reliable power. A recent policy dialogue explored Small Modular Reactors (SMRs) as a solution. Experts highlighted SMRs' potential for clean, uninterrupted electricity, crucial for mission-critical operations and energy security. Addressing cost, regulation, and safety are key for wider adoption of this technology.
India's tougher grid rules unsettle investors, test clean energy ambitions
India's new power grid rules are causing concern among clean energy investors, who say stricter penalties for solar and wind projects would reduce returns. This comes as India aims to significantly expand its renewable energy capacity. Investors warn this could slow down the much-needed investment for the energy transition in the country.
Experts highlight growing role of SMRs for defence manufacturing and data centre operation
India's defense production and data center sectors face a critical power supply constraint. A recent policy dialogue highlighted Small Modular Reactors (SMRs) as a solution for reliable, clean, and uninterrupted electricity. Experts discussed SMRs' role in energy transition, strategic resilience, and mission-critical infrastructure, while also addressing deployment challenges.
Stocks in news: Rajesh Exports, Lenskart, Suzlon Energy, Aurobindo Pharma, Tata Motors
Indian markets saw volatility and closed lower on Wednesday. Key companies are in focus due to significant developments. SoftBank reduced its stake in Lenskart. Sebi issued an interim order against Rajesh Exports. Tata Motors revised its Avinya EV strategy. Suzlon Energy is diversifying into battery storage. RIL's subsidiary signed MoUs with the Haryana Government.
Stocks to Watch Today: BHEL, Agarwal Industrial, JBM Auto, Rajesh Exports, Indian Energy Exchange,... - Moneycontrol.com
Stocks to Watch Today: BHEL, Agarwal Industrial, JBM Auto, Rajesh Exports, Indian Energy Exchange,...Moneycontrol.com
Suzlon seeks to put the wind in all sails of its renewables ship
Suzlon Group is set to significantly expand its renewable energy business. The company aims to quadruple annual sales to 10 GW and grow managed assets to 70 GW by FY31. Suzlon will now offer integrated solutions including wind, solar, and battery storage. A new battery manufacturing facility is planned.
Suzlon seeks to put the wind in all sails of its renewables ship
Suzlon Group is set to significantly expand its renewable energy business. The company aims to quadruple annual sales to 10 GW and grow managed assets to 70 GW by FY31. Suzlon will now offer integrated solutions including wind, solar, and battery storage. A new battery manufacturing facility is planned.
Suzlon to diversify beyond wind; pump Rs 500 cr in new arm this fiscal
Wind turbine maker Suzlon is diversifying into battery storage and a new platform called RE DevCo. This move aims to make Suzlon a complete renewable energy solutions provider. The company plans significant investments in the coming years. Suzlon also has ambitious goals to expand its renewable energy sales and orderbook substantially by 2031.
Govt considering policy to support affordable adoption of E85 fuel: Hardeep Singh Puri
The Indian government is actively considering a policy to accelerate the affordable adoption of E85 fuel, a blend of 85% ethanol with petrol. This move follows the unveiling of India's first flex-fuel motorcycles compatible with E85, signaling a significant step in the nation's energy transition.
IEX May Update | Electricity trade volume jumps 19% amid higher power consumption
Shares of Indian Energy Exchange Ltd ended at ₹123.20, down by ₹2.00, or 1.60%, on the BSE.
Against the tide: Vodafone Idea, Ather Energy, RR Kabel among 10 stocks that hit 52-week highs - Upstox
Against the tide: Vodafone Idea, Ather Energy, RR Kabel among 10 stocks that hit 52-week highsUpstox