In business and finance, an order book is a complete record of a company’s current and projected future orders for products or services. It gives critical information about the company’s operational health, financial stability, and growth possibilities by outlining the number, value, and nature of client contracts or commitments.
Monitoring an order book enables stakeholders, such as investors and analysts, to assess a company’s performance, market demand, and capacity to reach future revenue targets. It is a crucial tool for organizations to manage production, allocate resources efficiently, and plan for long-term growth.
Here are the green energy stocks with an order book value of up to 3,157 MW :
Suzlon Energy Ltd
Suzlon Energy Limited is an Indian renewable energy solutions provider. The firm makes wind turbine generators (WTGs) and associated components in a variety of sizes.
With a market capitalization of Rs 61,927.81 crore, the shares were trading at Rs 45.55 per share, increased around 3.81 percent as compared to the previous closing price.
The firm has a substantial order book of 3,157 MW, which will provide great revenue visibility. The firm has a 13GW wind pipeline as of June 2023, and it plans to add more than 26 GW over the following five years.
Suzlon, a prominent renewable energy solutions supplier, has deployed over 20 GW of wind energy capacity in 17 countries. The company’s portfolio includes 14 GW of wind energy assets. The Group now has an installed capacity of 6 GW globally. The 3 MW Series wind turbine technology platform is the latest addition to the company’s extensive product line.
Inox Wind Ltd
Inox Wind Limited is a member of the Inox Group. The company builds wind turbine generators (WTGs) and offers wind energy solutions to IPPs, utilities, PSUs, companies, and individual investors.
With a market capitalization of Rs 17,016.14 crore, the shares were trading at Rs 523.45 per share, increased around 1.89 percent as compared to the previous closing price.
The firm has a Net order book of 2,575 MW, with its subsidiary Inox Green Energy Services Ltd the company has a presence across india with a strong track record of more than 10 years and has a portfolio of 3.2 GW of O&M assets.
The firm boasts cutting-edge facilities capable of producing 1,900MW of nacelles and hubs, 1,600MW of blades, and 600MW of towers intended for 2MW WTG. With the start of 3MW Wind Turbine Generator manufacture in FY24, its production capacity will reach more than 2GW.
Waaree Renewables Technologies Ltd
Waaree Energy is a top vertically integrated new energy firm. It has India’s highest solar panel production capacity of 12GW, with facilities in Chikhli, Surat, and Umbergaon, Gujarat.
With a market capitalization of Rs 7,898.26 crore, the shares closed at Rs 3,791.80 per share, decreased around 5.00 percent as compared to the previous closing price.
The firm has a substantial Unexecuted order book of 749 MW, The company is in the process of setting up a 1 MW Green hydrogen Plant integrated with the ecosystem on a BOB basis.
Waaree Renewables Technologies Ltd plans to reach 12 GW module capacity and 5.4 GW cell capacity by FY24, with over 1.5 GW of commissioned projects. The firm exports to 68 countries and has over 1,400 approved sales outlets and franchises in India.
Written by:- Abhishek Singh
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