Solar pumps

The investment will fund Tata Power Renewable’s aggressive growth plans as it targets over 20 GW of renewables assets and a market-leading position in the rooftop and electric vehicle charging space across India over the next five years. 

The state government has announced its Solar Policy 2022, which places a special focus on the setting up of solar parks with storage systems. The policy also provides big incentives for the adotion of rooftop solar systems and the solarization of tubewells for agriculture.

Tata Power is looking to expand its renewable power portfolio in Rajasthan to 10 GW in the next five years, from around 5 GW at present. It will also set up solar manufacturing units in the state.

A new report by GOGLA highlights the opportunities and challenges in establishing local manufacturing and assembly of solar-based decentralized energy solutions in India. It also explores the actions needed to maximize available opportunities.

The government’s PM KUSUM Scheme supports farmers in installing standalone solar pumps and solarizing existing grid-connected agriculture pumps. 

Tata Power will invest more than INR 75,000 crore ($9.4 million) by the 2026-27 period to scale up its green businesses, including renewable energy generation and solar manufacturing.

Under the Solar Energy Policy 2022, the Indian state tagets installing about 3 GW of utility-scale solar, 720 MW of distributed generation, and 280 MW off-grid capacity from fiscal 2022-23 to 2026-27.

Researchers at the Indian Institute of Technology Bhubaneswar have developed a solar power system that can be easily moved between farms to pump water for irrigation. The kit comprises solar panels and an inverter to power a surface-mounted pump.

With solar water pumps, farmers have access to high-quality power available for irrigation. These systems are portable and can be assembled at any preferred location. With the growing utilization of these systems, the costs have decreased substantially, making them an efficient, convenient, and cost-effective solution for grid-isolated rural areas. 

Bengaluru-based Mecwin Technologies Ltd and Karnataka Vikas Grameena Bank (KVGB) have partnered to finance solar pump-sets for farmers. Adani has formed a new energy arm called Adani New Industries Limited (ANIL).