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Nashik District Gets First Solar Powered Water Pump

The use of Solar Powered Water Pump has helped the Farmers from Khedgaon village solve the issue of power disruptions. The Khedgaon village of Dindori taluka in Nashik district has become the first in the state to get Solar Powered Water Pump systems under the Ministry of New and Renewable Energy (MNRE) scheme. Altogether, 23 […]

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Solar Water Pumping System Market in India to Grow at a CAGR of 18%: Research and Markets

Research and Markets in its latest report “India Solar Water Pumping System Market (2017-2022) forecasts the Indian solar water pumping system market to grow at a CAGR of 18% during FY 2017-2022 Currently, 26 million agricultural pumps are installed in India of which nearly 7 million pumps are diesel based and remaining are grid connected. However, due to unreliable […]

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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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Cooch Behar’s 51 enclaves to get solar water pumps for power, irrigation

North Bengal Development Minister Rabindranath Ghosh has stated that solar-based water pumping units would be set up in the 51 enclaves that had become a part of India last year, following the historic exchange of land between India and Bangladesh. The step is being taken in a bid to make residents of enclaves in Cooch […]

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Haryana to get 3,050 solar water pumps

In a bid to encourage farmers go solar; Haryana government has announced to install 3,050 solar water pumps of 2 HP, 5 HP and 10 HP in the current financial year in the state with 90 per cent subsidy. 3050 solar water pumps will be installed will be installed with 10 percent farmer’s share and […]

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India Adds 11GW Solar Capacities In The First 5 Months Of 2024

The latest statistics from the Ministry of New and Renewable Energy (MNRE) revealed that India added around 11 GW of new solar capacities in the first five months of 2024. However, wind capacity additions remained on a lower side. The latest monthly renewable energy capacity report from the MNRE said that India added 2463.82 MW […]

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Alpex Solar Net Profit Increases 680% YoY After IPO

Alpex Solar Limited has released its yearly financial statements since its successful IPO on February 15, 2024, is this year. Net earnings for the company increased by 680 percent from INR 3.72 crore in FY23 to INR 29.05 crore in FY24. Operational revenues for the company increased to INR 404.43 crore from INR 182.69 crore […]

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India’s Solar Energy Sector And Opportunities for Startups and Entrepreneurs

India’s solar energy sector is experiencing a remarkable transformation, creating abundant opportunities for startups and entrepreneurs. With the government’s ambitious targets and supportive policies, this sector is becoming a hotspot for innovation and investment. Growing Solar Capacity India aims to achieve 300 GW of solar capacity by 2030, a significant leap from its current capacity […]

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PGVCL Allocates 479 MW Capacity Solar Projects Under PM KUSUM-C

Paschim Gujarat Vij Company Ltd has allocated 479 MW solar projects to several developers under component C of the PM Kusum programme. The awarded projects are expected to be operational by the end of December 2024. The highest capacity was allocated to Onix Renewable followed by Indian Infrastructure and Project India. The tariffs that were […]

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