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).
The International Solar Alliance (ISA), which aims to mobilize more than $1 trillion of solar power investment by 2030 in its member countries, expanded its scope of work by launching programs on solar panel and battery waste management and solar-powered hydrogen production in its fourth assembly held recently.
The Solar Energy Corporation of India Limited (SECI) has invited Expression of Interest to identify the applicants who are interested in leasing or selling their land to developers for setting up agricultural feeder-level solar power plants in the State.
India’s solar-powered irrigation mission has had a sluggish run despite the PM-KUSUM scheme providing ample flexibility and budgetary support for the system implementation. An IEEFA report highlights the need to address the challenges of coordination, affordability, business models, technology and awareness creation at State level to increase the uptake.
Tata Power brings technology and financial strength to set up the distributed, small-scale solar power systems in rural areas and provide round-the-clock power supply to households and businesses. CSC brings to the partnership village-level entrepreneurs to provide quick, low-cost service support.
Under the partnership, the West Bengal-based not-for-profit organization shall set up a guarantee fund to facilitate the financing of solar pumps for unbankable small and marginal farmers without having to offer any collateral.
The innovators will be required to showcase their technologies in actual field conditions. The shortlisted ones will be empanelled and allocated sites for installing solar pumps under the Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM KUSUM) Scheme.
Karnataka leads with 7355 MW of installed solar capacity. It is followed by Rajasthan (5473 MW) and Tamil Nadu (4404 MW).
Today, the State has 5042 MW of renewable energy capacity, a ten-fold increase from 491 MW in 2012.
Bids are invited to supply, install and commission an aggregate 317,975 quantity of 1-10HP off-grid solar pumps across India. Bidding closes on February 4.
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