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Energy Transition

Latest news, explainers and analysis on Energy Transition. Tracking 2 stories on Arth Vani.

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Stock Market

Global Clean Energy Tech: NuScale Power Stock Down 38% This Year

NuScale Power, a US-based leader in Small Modular Reactor (SMR) technology, has seen its stock decline by 38% this year. This performance highlights the inherent volatility and risks associated with investing in nascent, capital-intensive clean energy technologies, offering a case study for Indian investors monitoring global market trends.

1d ago·2 min readListen

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NBFCs

PFC, REC Merger Greenlit: India's Power Finance Giant Formed, Share Swap Details Out

The boards of Power Finance Corporation (PFC) and REC Ltd. have approved their merger, creating India's largest power financier with a loan book exceeding ₹11 lakh crore. Existing REC shareholders will receive 88 PFC shares for every 100 REC shares they hold, aiming to boost operational efficiency and fund India's energy transition.

28d ago·2 min readListen

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