The Assembly has decided to increase the viability gap funding for solar projects in member countries from 10% of the project cost to up to 35%, depending on the capacity and needs of the countries and their respective projects.
The total value of the 50,000 solar pumps is around INR 1,603 crore ($192.87 million). The pumps are to be deployed over 24 months.
The Sixth Assembly of the International Solar Alliance will focus on universalizing energy access through solar mini-grids, mobilizing finance for accelerated solar deployment, and diversifying supply chains and manufacturing for solar.
The state and the central government will provide cumulative financial support of INR 434 crore ($52.2 million) for the installation of 30,000 solar pumps across the state.
Shakti Pumps (India) has secured a contract to supply, install, and commission 10,000 solar water pumps in Uttar Pradesh under the PM- KUSUM III scheme
The Fifth Meeting of the ISA Regional Committee for Latin America and the Caribbean Region took place this week, convened by the International Solar Alliance (ISA). Its primary objective was translating ambitious solar energy goals into concrete results while addressing pertinent regional issues. The meeting was presided over by Tania Masea, vice minister for new […]
As on June 30, 2023, around 2.45 lakh agriculture pumps have been installed or solarized under PM KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan) Scheme.
Solar-powered water pumps with a total capacity of 186 kWp have been installed in the Sarlahi and Siraha districts, benefitting 11,865 residents. The projects are a collaborative effort of Nepal’s Alternative Energy Promotion Centre (AEPC), the Government of Japan, and the United Nations Development Programme (UNDP).
A new report states solar-powered pumps (higher capacity and micro-pumps) offer a $28 billion market potential in India, the maximum among all mature decentralized renewable energy (DRE) livelihood applications. Solar dryers have the second-largest deployment potential at $2.3 billion.
Global Energy Alliance for People and Planet (GEAPP) and Mahatma Phule Renewable Energy and Infrastructure Technology Ltd (MAHAPREIT) have signed a Memorandum of Intent (MoI) to implement 1 GW of solar projects across Maharashtra.
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