Shakti Pump Secures Land To Setup Solar Cell, Module Manufacturing Facility Updated On Thu, Mar 13th, 2025 by Saurenergy Madhya Pradesh-based solar pump company, Shakti Pumps, has recently secured land for setting up a solar cell and PV module manufacturing facility using wafers as input material. The company announced this development in a regulatory filing, stating, “Madhya Pradesh Industrial Development Corporation Limited (MPIDC) has sanctioned 113 acres of land to our wholly owned subsidiary, […] Read more
PM-KUSUM: Shakti Pumps Bags ₹23.91Cr. Work Order From MEDA Updated On Wed, Mar 5th, 2025 by Saurenergy Madhya Pradesh-based solar pump and motor manufacturer Shakti Pumps (India) Limited recently received a Letter of Award (LoA) from the Maharashtra Energy Development Agency (MEDA). The company secured the award under Component B of the PM-KUSUM scheme to set up 877 Solar Photovoltaic Water Pumping Systems (SPWPS) at various locations across Maharashtra. The work order […] Read more
Shakti Pumps Cites DCR Cells Shortage, Prices For ‘Moderate’ Growth Updated On Thu, Jan 30th, 2025 by Saurenergy Issues linked to Domestic Content Requirements (DCR) mandates in solar projects appear to be reaching a head for solar developers in India. The mandate, which enforces use of only DCR cells and modules for almost all solar projects in India with exemptions only for select categories, has been causing a lot of heartburn in the […] Read more
Green Stocks Jan 3: As Market Gives Up Gains, Green Stocks Struggle As Well Updated On Fri, Jan 3rd, 2025 by Saurenergy After yesterday’s strong show, it was time for a dose of reality, as the Nifty gave up some of its gains today. For Green Energy stocks as well, it was a similar story, with KPI Green correcting over 3%, with only Shakti Pumps (up over 4%) and Acme Solar clocking any notable gains. For others, […] Read more
Green Stocks Jan 2: Stocks Trail Market Surge Updated On Thu, Jan 2nd, 2025 by Saurenergy On a day when the broader BSE Sensex spiked almost 1.8%, the green pack turned in a less than similar performance, with most stocks failing to keep up. Other than solar pump leader Shakti Pumps of course, which has enjoyed a stellar run these past two weeks. KPI Green, which turns ex-bonus tomorrow, was the […] Read more
Dec 26: Green Energy Stocks Wait On Q3 Results Updated On Thu, Dec 26th, 2024 by Saurenergy A day after Christmas, both the broader markets and green energy stocks kept waiting for a rally that wasn’t. If there was any Santa Claus gift, those were reserved for Shakti Pumps yet again, which hit the 5% upper circuit yet again, gladdening the hearts of its believers. For the rest, other than Adani Green […] Read more
Green Stocks Dec 19: Green Stocks Slide With Broader Market Updated On Thu, Dec 19th, 2024 by Saurenergy The news of the US Fed going in for fewer rate cuts than expected in 2025 spooked global markets, and the Indian markets as well. Thus, interest rate-sensitive sectors reflected the weakness in the markets. Green energy stocks, almost all of which have a healthy debt situation, but will invariably be raising more debt in […] Read more
Green Stocks Dec 16: Shakti Pumps, Premier Energies Flex, Rest Wilt Updated On Mon, Dec 16th, 2024 by Saurenergy India’s leading solar pump maker Shakti Pumps continued to move towards lifetime highs on the back of its major order announced last week, with the share climbing another 5% today. Providing its company in the fast lane was Premier Energies, also up over 6% after announcing a 1 GW expansion for its manufacturing. For the […] Read more
Green Stock Dec 12: Adani Green Stock Bounces Back After Rajasthan Project Updated On Thu, Dec 12th, 2024 by Saurenergy After days of struggles, the stocks of Indian renewable energy company Adani Green bounced back today, showing a recovery. The stock today reported a 6.38% jump. This jump in its stock price came to the fore when the firm reported commissioning a 230 MW of solar project in Rajasthan. Madhya Pradesh-based solar pump company Shakti […] Read more
