Author: PPD Team Date: December 18, 2024
Shakti Pumps Limited has invested Rs 40 million in its wholly owned subsidiary, Shakti Energy Solutions Private Limited (SESPL), by subscribing to 40 million equity shares with a face value of Rs 1 each.
The investment aims to expand SESPL’s business operations to align with Shakti Pumps’ growth strategy.
Author: PPD Team Date: August 8, 2025 The Ministry of New and Renewable Energy (MNRE) has updated its guidelines for listing co-branded solar photovoltaic (PV) modules under the Approved Models and Manufacturers (ALMM) Order, 2019. The amendments introduce expanded eligibility, longer validity, and stricter transparency norms. Under the revised framework, co-branding is now allowed in two cases. In Case I, both the brand owner and the original equipment manufacturer (OEM) must be ALMM-listed, as per…
Author: PPD Team Date: February 4, 2025 Solex Energy Limited has successfully commissioned an 800 MW high-speed solar module manufacturing line in Surat, Gujarat. The facility produces n-Type TOPCon rectangular cell-based Tapi-R series modules, with capacities ranging from 585 Wp to 625 Wp. This production line operates 30% faster than other Indian facilities, increasing output efficiency and reducing lead times. Equipped with Artificial Intelligence (AI) and Automated Optical Inspection (AOI), the facility ensures enhanced quality…
Author: PPD Team Date: March 2, 2026 The Ministry of New and Renewable Energy (MNRE) has issued draft guidelines to quantify greenhouse gas (GHG) emissions arising from offsite water drawl and treatment under the Green Hydrogen Certification Scheme of India (GHCI). The draft, released on February 25, 2026, seeks feedback from green hydrogen producers and renewable energy industry associations by March 13, 2026. The GHCI, launched in April 2025, sets out the framework for measuring,…
Author: PPD Team Date: July 16, 2025 SAEL Industries Limited and Shakti Pumps (India) Limited have separately announced new investments aimed at expanding domestic solar manufacturing capacity, with a focus on meeting future demand and aligning with domestic content requirement (DCR) norms. SAEL Industries, through its subsidiary SAEL Solar P6 Private Limited, plans to set up an integrated solar manufacturing facility in Greater Noida, Uttar Pradesh. The project will be located in the Yamuna Expressway…
Author: PPD Team Date: July 25, 2025 Juniper Green Energy Limited has commissioned the remaining 43 megawatt peak (MWp) of solar capacity at its hybrid project site in Karanja, Maharashtra. With this, the company has completed the 103 MWp solar component of its 129 MWp hybrid power project. The solar capacity was commissioned in two phases: 59.55 MWp in June 2025 and 43 MWp in July 2025. The entire solar component was completed nearly 16…
Author: PPD Team Date: January 22, 2026 Power Grid Corporation of India Ltd (POWERGRID) has awarded a Rs 9.63 crore contract to Topsun Energy Limited for a pilot project combining solar power and Battery Energy Storage System (BESS) solutions. The project will meet the construction-phase power requirements at the Pang High-Voltage Direct Current (HVDC) station. The contract was finalised on 19 January 2026. The scope of work involves designing and deploying a solar and BESS-based…