Maharashtra: Alpex Solar Wins Rs 45 Crore Order from MSEDCL Updated On Tue, Feb 18th, 2025 by Saurenergy Alpex Solar today announced that it has secured a significant order from Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). Valued at Rs 45 crore, the order is part of the Magel Tyala Saur Krushi Pump scheme, a key initiative aimed at enhancing agricultural productivity by providing farmers with access to sustainable solar-powered water pumps. As […] Read more
PM KUSUM-C: Madhya Pradesh issues Tender for 1.5 GW Solar PV Updated On Tue, Feb 18th, 2025 by Saurenergy Madhya Pradesh Urja Vikas Nigam Limited (MPUVN) has invited bids to select Renewable Power Generators (RPGs) for developing 1.5 GW of grid-connected solar PV systems. The energy generated from these projects will be sold to MPPMCL under the feeder solarization component of PM-KUSUM-C at various locations in Madhya Pradesh. The deadline for online bid submission […] Read more
MNRE Proposes Separate ALMM For Off-Grid Solar Solutions Updated On Mon, Feb 17th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has proposed a new Approved List of Models and Manufacturers (ALMM) specifically for off-grid solar solutions. As part of this initiative, the ministry plans to lower the threshold efficiency limits for solar modules under ALMM for these applications. It has invited stakeholders to submit their suggestions by […] Read more
Shakti Pumps Tieups With ReNew For Supply Of DCR Modules Updated On Mon, Feb 3rd, 2025 by Saurenergy Indian solar pump manufacturer Shakti Pumps today announced increasing its capacity to procure additional DCR (Domestic Content Requirement) solar cell-based solar modules. The company today said that it has partnered with ReNew Photovoltaic Private Limited for the same. The company was earlier engaged in partnerships with Indian solar cell makers like Mundra (Adani) Solar and […] Read more
Shakti Pumps Cites DCR Cells Shortage, Prices For ‘Moderate’ Growth Updated On Thu, Jan 30th, 2025 by Saurenergy Issues linked to Domestic Content Requirements (DCR) mandates in solar projects appear to be reaching a head for solar developers in India. The mandate, which enforces use of only DCR cells and modules for almost all solar projects in India with exemptions only for select categories, has been causing a lot of heartburn in the […] Read more
Shakti Pumps Delivers With 130% Profit Rise in Q3 Fy25 Updated On Mon, Jan 27th, 2025 by Saurenergy 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 […] Read more
Pralhad Joshi Reviews Solar Incentives Disbursed To Discoms Updated On Wed, Jan 22nd, 2025 by Saurenergy 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 […] Read more
Green Stocks Jan 21: Shakti Pumps Stands Still Amid Slowdown Updated On Tue, Jan 21st, 2025 by Saurenergy 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 […] Read more
Odisha Mulls Min 4 Service Centers For Solar Pump OEMs Updated On Tue, Jan 21st, 2025 by Saurenergy The Odisha government has announced plans to require a minimum of four service centers for solar pump Original Equipment Manufacturers (OEMs) in the state. The Odisha Renewable Energy Development Agency (OREDA), the state’s nodal agency, has issued its latest Expression of Interest (EOI) to facilitate this initiative. The EOI invites OEMs to apply for empanelment, […] Read more
