Renewable Energy Sector: Steady Growth with Strong Prospects
The renewable energy (RE) sector posted a broadly in-line 4QCY24 performance, with two out of three key playersâSLVEST and SAMAIDENâmeeting expectations, while PEKAT exceeded forecasts due to cost efficiencies. Sector-wide core earnings surged 88.5% quarter-on-quarter (QoQ) and 83.5% year-on-year (YoY), primarily driven by lower solar module costs and strong project billings. Renewable EnergyâŠ












