Sobha reports 32% decline in sales bookings

Waaree Energies IPO Rides Stock Rally

Waaree Energies, one of India's leading solar module manufacturers, is capitalizing on the surging renewable energy sector as it prepares for its Initial Public Offering (IPO). The renewable energy stocks in India have witnessed a remarkable 357% rally, reflecting the growing investor interest in clean energy and the global push toward sustainable development. This market enthusiasm is primarily driven by the ongoing energy transition, government incentives, and the increasing adoption of renewable technologies to meet climate goals. The company’s IPO filing comes at an opportune time when t..

India Requires Rs 32 Lakh Cr Renewable Investment

India will need a staggering ?32 lakh crore investment in renewable energy by 2030 to meet its ambitious clean energy and climate targets, according to the Indian Renewable Energy Development Agency (IREDA) CMD. This massive financial commitment is essential to scale up the country's renewable energy capacity, which includes solar, wind, and other clean technologies, as it aims for a significant energy transition to reduce carbon emissions and achieve sustainability. The country’s renewable energy journey is critical not only for achieving domestic energy security but also for establishing ..

Energy Vault, Enervest to Develop $350M Project

Energy Vault and Enervest are partnering to develop a large-scale energy storage project in Australia valued at $350 million. This project aims to bolster Australia's renewable energy infrastructure by providing reliable and scalable storage solutions. As the demand for sustainable energy grows globally, effective energy storage systems have become critical for ensuring grid stability and meeting energy requirements. Energy Vault, known for its innovative gravity-based energy storage technology, along with Enervest, plans to deploy advanced storage solutions that will allow for better integra..