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As India Goes Past 100 GW Solar Milestone, No Time To Rest

If ever there was a better use of the term turning point, inflection point, or simply the year when everything fell into place, 2024 would probably come the closest for the Indian solar market. These 365 days proved to be a harbinger of several good news for the different stakeholders in the industry, including solar […]

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Shakti Pumps Delivers With 130% Profit Rise in Q3 Fy25

Indore based Solar pump leader Shakti Pumps declared its Q3 results on Friday evening. The company reported a 130.09% year-on-year (YoY) jump in net profit at Rs 104 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, the company had posted a net profit of Rs […]

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Pralhad Joshi Reviews Solar Incentives Disbursed To Discoms

Union Minister of New and Renewable Energy Pralhad Joshi during a review meeting reviewed the disbursed amount of incentives released by the discoms for promoting rooftop solar. He highlighted the latest progress made by Rajasthan, Haryana, Punjab, Uttarakhand, and Uttar Pradesh Discom. The meeting reviewed the incentives released to Discoms for the financial years FY […]

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Gujarat Govt. Provides Funding For Solar Plants At 60 Sites, 32 Municipalities

The Gujarat Chief Minister’s Office (CMO) backs municipalities to establish solar power plants to produce green-clean energy in the state. CM Bhupendra Patel announced, that he has adopted an eco-friendly approach to further strengthen Gujarat’s leadership in the renewable energy sector. He intends to extend it to local self-government institutions through these projects.  Patel has […]

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Green Stocks Jan 21: Shakti Pumps Stands Still Amid Slowdown

On the day of a slowdown of the market indices, affecting the stock prices of the majority of the green stocks, Shakti Pumps remained in high spirits. The Madhya Pradesh-based solar pump manufacturer recorded a 5 percent hike in the values of its stock today. This was the highest increase in stock prices of any […]

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Indian Green Stock Jan 8: Shakti Pumps, Borosil Shine Amid Slowdown

At a time when most of the Indian green stocks suffered a jolt and reported negative growths, two companies reported an increase in their stock values. These included Indian solar glass maker Borosil Renewables and Madhya Pradesh-based solar pump company Shakti Pumps. The two companies witnessed a rise of 5% each on the day full […]

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PM KUSUM: Sahaj Solar Wins Rs. 46.64 Cr Order From DGVCL

Gujarat-based Sahaj Solar recently secured a Notice to Proceed (NTP) to build and commission off-grid standalone solar photovoltaic water pumping systems in Gujarat. This award is in continuation to the LoA offered under Dakshin Gujarat Vij Company Limited (DGVCL) which falls under Component B of PM- KUSUM Scheme.    Sahaj Solar said in a regulatory […]

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Waaree Energies Starts Solar Cell Production Trials At Chikhli

Indian solar module manufacturer Waaree Energies today announced the commencement of trials for its solar cell manufacturing operations. These trials have begun at its solar cell factory located in Chikhli, Gujarat. This latest development is expected to enhance the backward integration capacity of the Mumbai-based solar company. Led by Hitesh Doshi, the company plans to […]

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Sahaj Solar Bags Rs.36.42cr Agri Solarization Order In Tripura

Gujarat-based Sahaj Solar recently secured a Letter of Award (LoA) from the Tripura Renewable Energy Development Agency (TREDA) for the solarization of existing 2 HP grid-connected agricultural pumps (IPS). The company stated in a regulatory filing, “These pumps include a 5-year guarantee/warranty and an annual maintenance contract, including insurance coverage, on a turnkey basis in […]

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