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BRICS Now Home To 3 Of World’s Top 5 Solar Nations: EMBER

Renewable energy drove record clean electricity growth in 2024, with solar and wind accounting for most of the gains, think tank Ember said in its latest Global Electricity Review. Renewable power sources added adding 858 TWh in 2024, 49% more than the previous high in 2022, as per the report.  The study showed, “Solar was […]

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PM-KUSUM: Shakti Pumps Gets Rs. 12.42 Cr Order From MEDA

Indian solar pump manufacturer Shakti Pumps (India) Ltd. announced today that it has received a Letter of Award (LoA) from the Maharashtra Energy Development Agency (MEDA) for the installation of 445 off-grid Solar Photovoltaic Water Pumping Systems (SPWPS). In a regulatory filing, the company said the project will be implemented at various locations across Maharashtra […]

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Green Stocks March 27: Adani Green, Premier & Shakti Pumps Gain 5%

Company Name Closing Price on March 27 Change % Borosil Renewables Ltd 491.90 -0.80% Waaree Renewable Technologies Ltd 898.80 -2.31% Sterling and Wilson Renewable Energy Ltd 251.65 +0.80% KPI Green Energy Ltd 413.00  +1.28% Shakti Pumps (INDIA) LTD 981.65  +4.99% Acme Solar 194.95  +2.35% SUZLON ENERGY LTD 56.90  -0.92% Adani Green Ltd 958.00  +5.03% Inox […]

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After A Lull, Rotosol To Restart Solar Inverter Business

Rotosol, a company primarily known for its solar pumps, is set to make a strong comeback in the solar inverter business. The company, with its manufacturing based in Anand, Gujarat, has announced its renewed focus on the residential and commercial & industrial (C&I) rooftop solar segments, with plans to expand into the utility-scale market in […]

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COVER STORY: India’s Different Path For Solar Module Manufacturing

On February 17, the Ministry of New and Renewable Energy (MNRE) issued its latest ALMM (Approved List of Models and Manufacturers) list. The issuing of the much-awaited list has been increasing in frequency over the year, as the rate of addition of new firms and module manufacturing capacity picks up pace. From just 26 manufacturers […]

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Budget: Himachal Announces Interest Subsidies For Solar Projects

The Himachal Pradesh government has now envisioned to become the first green state of India. In its latest budget presented by Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu, the CM announced several measures to bolster the growth of solar energy in the state. This included interest subsidies for solar projects up to 1 MW in […]

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GP Eco Solutions Secures Multiple Solar Projects From UPNEDA

Noida-based solar and storage solutions firm GP Eco Solutions India received a Letter of Award (LoA) from the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for multiple solar projects. While announcing the recent win in a regulatory filing, the company stated, “GP Eco Solutions has secured the Letter of Award (LoA) from the […]

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Shakti Pump Secures Land To Setup Solar Cell, Module Manufacturing Facility

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, […]

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₹750 Cr Budget Allocation In J&K Budget To Solarize Govt Buildings

In Jammu and Kashmir’s (J&K) first budget as an elected government in seven years, Chief Minister and Finance Minister Omar Abdullah outlined plans to enhance the state’s solar potential. “We are promoting rooftop solar installations under the PM Surya Ghar Muft Bijli Yojana. The solarization of 22,494 government buildings, with a total capacity of 314 […]

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