PM-KUSUM: Gujarat Farmers to Earn Rs 2.83/Unit for Surplus Solar Updated On Mon, May 26th, 2025 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC) has approved the implementation of Component C of the PM-KUSUM scheme, setting the stage for large-scale solarization of grid-connected agricultural pumps across the state. In an order issued in response to a petition filed by the state’s four distribution companies (DGVCL, MGVCL, PGVCL, and UGVCL) along with Gujarat Urja […] Read more
Buoyed By Order Book, Shakti Pumps Eyes ₹3,000cr Revenue in FY26 Updated On Tue, May 13th, 2025 by Saurenergy Indian solar pump manufacturer Shakti Pumps, in its latest investor call, told the investors about its plan to target a minimum revenue of ₹3,000 crore (USD 360 million) for the financial year 2025-26, following strong operational gains and a secure supply of solar panels. Chairman Dinesh Patidar said the company reached its FY25 revenue goal […] Read more
Shakti Pumps’ Profit Nearly Triples In FY25, Revenues Up By 84% Updated On Sat, May 10th, 2025 by Saurenergy Indore-based Shakti Pumps (India) Limited, a manufacturer of solar-powered water pumping systems, has reported an outstanding financial performance for the fiscal year ended March 31, 2025. The company registered an 84.3% year-on-year (YoY) growth in annual revenue and nearly tripled its net profit, underscoring strong demand momentum and efficient execution across its operations. Quarterly results […] Read more
ReNew Bags $100 Mn BII Funding For Solar Manufacturing in India Updated On Tue, May 6th, 2025 by Saurenergy Sumant Sinha led ReNew Energy Global Plc has secured an INR 8700 million (US$100 million) investment from British International Investment (“BII”), the UK’s development finance institution and impact investor, to accelerate the growth of its solar manufacturing business in India. The investment will be made in ReNew Photovoltaics Private Limited, ReNew’s dedicated solar manufacturing subsidiary […] Read more
Solar Water Heating Warms Up For A Second Innings In India Updated On Tue, May 6th, 2025 by Saurenergy From being the only visible solar application till a decade back, solar water heating (SWH) seemed to take a back seat as mainstream PV caught policy makers attention. Recently, India’s Ministry of New and Renewable Energy (MNRE) came out with a quality control order for solar water heaters. So what’s the big deal? A lot, […] Read more
Odisha Raj Bhavan Aims To Solarise Its Building Updated On Mon, May 5th, 2025 by Saurenergy Odisha Raj Bhavan is now looking towards increased adoption of solar energy to shun the use of energy derived from solar energy. Odisha Governor Dr. Hari Babu Kambhampati in a press conferencd informed reporters about the plan of the institution to go for solar. He cited the installation of a 150-kilowatt solar power plant at […] Read more
PM-KUSUM: Bhagyanagar Wins 65.7 MW UP Solar Projects Updated On Mon, May 5th, 2025 by Saurenergy Hyderabad-based clean tech company Bhagyanagar India Ltd said it has been awarded eleven Letters of Award (LoAs) for a total solar power generation capacity of 65.7 megawatts under the RESCO model in Uttar Pradesh. In a regulatory filing, the Hyderabad-based firm said the project was awarded by the Uttar Pradesh New and Renewable Energy Development […] Read more
JSW, UPPCL Sign 1,500 MW Pumped Hydro Storage PPA Updated On Thu, May 1st, 2025 by Saurenergy JSW Neo Energy Limited, a JSW Energy subsidiary, signed a Pumped Hydro Storage Power Procurement Agreement (PHSPPA) with Uttar Pradesh Power Corporation (UPPCL) for the procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage. The PHS PPA would be used to supply energy storage capacity for 40 years. As per the order, […] Read more
MP Approves 2 GW Solar, 1 GW Storage For Shared Supply With UP Updated On Wed, Apr 30th, 2025 by Saurenergy Madhya Pradesh Chief Minister Mohan Yadav approved setting up a 2,000 MW solar park and a 1,000 MW composite energy storage project at a recent cabinet meeting. The minister said in the statement, “This initiative aims to supply electricity on a complementary basis to both Madhya Pradesh and Uttar Pradesh, as the peak demand periods […] Read more
