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Solar water pump market in India struggles to take off

In 2014, PM Narendra Modi set a target to install 1 million solar water pumps, equivalent to approximately 3000 MW, for irrigation and drinking water by 2021. But actual cumulative installed base stood at merely 25000 pumps as of April 2016. The bleak performance is despite the government offering massive subsidies of as much as […]

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17.90 Crore LED bulbs distributed across the Country: Piyush Goyal

Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal in Lok Sabha on Thursday said “Achieving efficient implementation of the Unnat Jyoti by Affordable LEDs for All (UJALA) Scheme, the aggregation of demand and bulk procurement by Energy Efficiency Services Limited (EESL) has resulted in huge savings for the consumers across the country.” The Minister […]

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What’s Stored in the Solar Storage

The war of storage is no novice in the generation of digital transformation. Perhaps, the word storage can be framed with human evolution as we dignified civilization and society further to individual home, hence imagining a home is also a fact of storage where it composites humans and their endeared beholdings. Now, the fact of […]

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GERMI signs MoU with SCGJ to provide training in solar

Gujarat Energy Research & Management Institute (GERMI) and Skill Council for Green Jobs (SCGJ) have signed an agreement to provide training in solar power across the country. In line with the National Policy for Skill Development and Entrepreneurship 2015, SCGJ and GERMI will collaborate to mould skilled manpower for the renewable energy sector in general […]

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ReNew Power to install solar rooftop for Indian Railways

After successfully securing the highest subsidy allocation from SECI for rooftop solar projects, ReNew Power Ventures has won bids for 5MW solar installations across various locations for the Indian Railways. India’s leading renewable energy development company will invest around Rs 35 crore in these projects which will supply energy to Railways through a 25-year power […]

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ACME Cleantech raises Rs500 crore from Piramal Enterprises Ltd: Report

ACME Cleantech Solutions Pvt. Ltd has reportedly raised Rs500 crore from Piramal Enterprises Ltd. According to Live Mint the investment in ACME was done by Piramal Enterprises’s Structured Finance Group. Speaking to the publication Nikhil Dhingra, group director for finance, ACME said “The funds are being used for funding the working capital requirements of the […]

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Industry’s Aspirations on Solar Blueprint

Every year India faces severe electricity shortage, to meet the rapidly growing demand the country needs a massive addition in capacity. And to sustain the pace of economic growth with a commitment towards the reduction of greenhouse gases, India has to cut its dependency on fossil fuels for electrification. Therefore solar power installations in India […]

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