EKI Energy Services shares jumped more than 5% after the company announced the registration of the first-ever floating solar project under the Voluntary Carbon Market (VCM). This innovative project, developed by Greenam Energy, marks a pivotal moment in renewable energy as it is also the first globally to be registered under the Verified Carbon Standard (VCS).
The 24.7 MW floating solar photovoltaic (PV) plant, situated on water reservoirs in Tamil Nadu, is designed for captive usage. It aims to generate clean energy while reducing CO2 emissions by approximately 38,376 tonnes annually.
As of 11:28 am, EKI Energy Services shares were trading 5.68% higher at Rs 303.35 on the NSE.
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