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Floating Solar Set To Make Jharkhand, Odisha New Hubs For Solar Parks

The latest data shared by Union Minister for New and Renewable Energy RK Singh claimed that the proposed floating solar parks in Jharkhand and Odisha coal-bearing states will likely make these eastern states new hubs for solar parks. Currently, these two states are not considered renewable-rich states in India due to the low installed capacity […]

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Maharashtra Leads In Providing Incentive Under The Rooftop Solar Program In 2023

The Union Minister for New & Renewable Energy and Power (MNRE) informed the parliament in a written reply to the renewable energy capacity in the country has increased by about 2.35 times in the last decade.  Among other details, the minister gives a state-wise detail of subsidies provided under various schemes to encourage new and […]

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India’s RE Sector Saw FDI Equity Investment of USD 6,137.39 Mn in Last 3 Financial Years

The Minister for New & Renewable Energy and Power, R.K. Singh, disclosed measures taken to entice Foreign Direct Investment (FDI) into India’s renewable energy sector. Currently, India’s FDI policy permits up to 100% investment in the renewable energy sector through the automatic route. According to the Department for Promotion of Industry and Internal Trade (DPIIT), […]

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First 11 Months Of 2023: India’s Solar Installations Down By 25% On YoY

India’s Solar installations in 2023 have slowed down, data from the Central Electricity Authority (CEA) said. A close analysis of the CEA data revealed that solar power capacity additions dwindled between January and December this year while wind power revived. The government data said that India added a total of 9 GW of solar power […]

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Oswal Pumps Now Present In Most Indian States: Amulya Gupta, Director

How has the journey of Oswal Pumps been till now?  Oswal pumps started its operations around 2000. It had a humble beginning with a small capital and space. We embarked on our journey with 1400 RPO monoblock pumps. However, in the last two decades, our growth has been phenomenal. We have now become a company […]

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Shakti Pumps Records Exports Growth by 12.7% YoY in Q2FY24

Shakti Pumps (India) Limited, a manufacturer of stainless-steel submersible pumps, pressure booster pumps, pump-motors, controllers, and inverters among other products, today announced the financial results for the quarter and half year ended September 30, 2023. Shakti Pumps (India) Limited Chairman, Dinesh Patidar, commented on the performance, “We are delighted to report that this has been […]

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What is ailing the growth of solar irrigation in Bihar? 

Birender Singh is a 68-year-old farmer based at Azamgarh village in Sitamarhi district of Bihar. Buoyed by his interest in solar, he installed a 2HP, off-grid solar pump in 2016. It was installed under the state government’s Chief Minister New and Renewable Energy Solar Pump Scheme.  Singh was among the 2,771 farmers who received the subsidized solar pump under the […]

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Shakti Pumps Empaneled For 50,000 Solar Pumps In Maharashtra

Pithampur, Madhya Pradesh-based Shakti Pumps, a leader in solar pumping solutions, announced that it has received Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited (MSEDCL), for 50,000 Off-Grid Solar Photovoltaic Water Pumping Systems (SPWPS) pumps for the entire state of Maharashtra under Component-B of PM-KUSUM scheme (Phase-III). The total value of the 50,000 […]

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MNRE Takes Aim At Violators Of Domestic Content Requirement Norms

The Ministry of New & Renewable Energy (MNRE) has found it necessary to iterate several measures that indirectly seek to give domestic solar manufacturing impetus. The Production-Linked Subsidy (PLI) Scheme and the ALMM (Approved List of Module Manufacturers) are significant measures in this direction. It also mandates the idea of DCR (Domestic Content Requirement) that […]

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