Two shares with immense potential of growth in the renewable energy sector ... learn why and invest wisely

It is the time to shift from non - renewable energy to renewable energy. Companies which are working on renewable energy or the infrastructure to produce renewable energy will create an impact in the future. 

The shares of those company will increase many folds which has a vital role in the creation of renewable energy in our country India. The government is also taking measures and initiative for this. 

Two major companies are Borosil Renewables Ltd and Tata Power, these two has immense potential for future growth

Borosil Renewable s Ltd is a glass producing company. It's special feature is, it's producing glass for the solar panel which can create solar energy. It is creating a monopoly in the solar panel glass area. 

"Borosil Renewables  expand its solar panel glass manufacturing capacity from 450 tons per day to 2,000 as it continues to see strong growth in demand. The company is adding a third solar line with a capacity of 550 metric tons which is expected to start production by September and will enhance the manufacturer’s daily production capacity to 1,000 tons. 

Another doubling in capacity, through the addition of two more solar glass lines, has already been approved by the company’s board. Of those, one is expected to come on stream in the third quarter of next year. " - taken from pv- magazine.com 

The financial analysis taken from google on 7.04.2022.

 The share price of Borosil Renewable had increased in this time frame of one year and has a huge potential in the future.

After Borosil Renewables comes Tata Power -

"The company plans to take its renewable production to massive 15 GW by 2025.

Renewable power currently accounts for 30% of total capacity, while the target is to take renewable capacity to 80% by 2030.

Also, recent orders and deals bagged by Tata Power in the solar power segment has pumped up the stock.

Recently, Tata Power Solar, a subsidiary of Tata Power, has secured orders to install 100 megawatt (MW) of distributed generation (DG) capacity in Maharashtra on behalf of state-run energy efficiency services (EESL).

The subsidiary has also received a Letter of Award (LoA) regarding the engineering, procurement, and construction (EPC) works for several projects worth ₹5.4 bn.

Back in June 2021, Tata Power Solar also received EPC orders for ₹6.9 bn from NTPC to set up solar photovoltaic (PV) projects.

It’s also expected that the Solar EPC target would increase the size of this business by 10 times.

Tata Power plans to raise funds for the IPO of its renewable energy unit

Tata Power is in talks with large pension and sovereign asset managers, including Canada pension plan invest board (CPPIB) and government of Singapore investment (GIC), to raise at least US$500 m ahead of the proposed initial public offering (IPO) for its renewable energy unit.

According to Economics Times, some bulge-bracket funds from the US and sovereign funds from the Middle East are also exploring investments in Tata Power Renewables. Tata Power is understood to be working with Moelis & Co. to run a formal process to find a buyer, the report said.

The company has also explored the option of setting up a renewable energy infrastructure investment trust (InvIT) with its operational power assets.

Tata Power acing the EV race

The stock has been on a roll recently due to various orders and transactions taking place in the electric vehicles, charging stations segment.

In India, there are approximately 70,000 petrol pumps that serve as the backbone of the country's transportation industry.

How many charging stations would India require in the not-too-distant future when cars are powered by electricity?

There is no obvious answer, but Tata Power, the firm that has taken the lead in establishing charging stations around the country, is pushing forward.

Currently, the company has installed 961 charging stations. By the end of this financial year, it hopes to more than double that number to 2,000 charging stations. And in 5 years, it wants that number to swell five times." - taken from livemint.com.

This picture below clearly state the impact of the company in energy sector. The rise in price shows the future potential. 

Watch the latest financial analysis of the company. 

See the growth in the revenue. 

Pictures taken from google on 7.04.2022.

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