KLK Ventures has installed more than 1,300 solar pumps in Jammu & Kashmir under the PM Kusum Yojana. As it targets 5,500 solar pump installations in the union territory, the company has floated an online platform to make the entire process seamless, from initial application to post-installation services.
The solar pump manufacturer’s annual turnover jumped to INR 181 crore in FY 2024, from INR 87 crore in FY 2023.
The integration of renewable energy in agriculture plays a significant role in combating climate change. It aligns with global efforts to transition towards sustainable practices and reduce environmental impact.
Ishan Chaturvedi, director and co-founder at Vareyn Solar , talks about harnessing solar power with solar cooperatives in India.
A new report says that while the national-level transition towards clean electricity is progressing well in India, it is far more uneven at the state level. It highlights the need for states to strengthen regulatory frameworks and develop transition plans.
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.
Regions across India are carving their green legacy with distinct contributions to the solar and wind energy landscape.
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.
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