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Solar Pump

EcoZen raises $23 mn from Northern Arc Capital, responsAbility, others

Climate-smart technology solutions provider Ecozen on Wednesday said it has raised over USD 23 million in debt funding from a bunch of investors including Zurich-based responsAbility Investments AG, Northern Arc Capital and Maanaveeya Development & Finance, among others. This investment will be utilised for scaling the company's flagship solutions, including Ecotron, Ecofrost, and advanced motor control systems, Ecozen said. Ecozen's product portfolio includes solar pump controllers and solar cold storage rooms as well as e-bike controllers for a range of industries and needs. "This (USD 23 million) funding reaffirms the confidence our partners have in Ecozen's ability to drive impactful change through innovation. We are excited to be on a rapid growth path, driven by the increasing need for sustainable, climate-smart solutions," said Devendra Gupta, CEO and Co-Founder of Ecozen. The company said it is clocking a CAGR of over 83 per cent in revenue growth over the past three years

EcoZen raises $23 mn from Northern Arc Capital, responsAbility, others
Updated On : 15 Jan 2025 | 2:46 PM IST

CRI Pumps bags Rs 754 crore deal from MSEDCL, to supply 25,000 solar pumps

With this empanelment, CRI Pumps is poised to play a pivotal role in promoting the adoption of renewable energy solutions, powering Maharashtra's agricultural landscape

CRI Pumps bags Rs 754 crore deal from MSEDCL, to supply 25,000 solar pumps
Updated On : 06 Jan 2025 | 11:53 PM IST

Solar pump scheme helps 29,000 Rajasthan farmers in a year

Under the scheme, solar-powered pumps with capacities of 3, 5, 7.5, and 10 horsepower (HP) can be installed, but the subsidy is payable only up to 7.5 HP capacity

Solar pump scheme helps 29,000 Rajasthan farmers in a year
Updated On : 02 Jan 2025 | 1:48 PM IST

SAIL's Bhilai steel plant to install solar energy systems in premises

Bhilai Steel Plant (BSP) has decided to install solar power generation systems on the rooftops of various buildings in its plant premises and township in Bhilai. The flagship unit of the country's largest steel maker Steel Authority of India Limited (SAIL), BSP, has recently signed a memorandum of understanding with the Chhattisgarh State Renewable Energy Development Agency (CREDA) for the solar power generation project within the unit's premises, a statement issued by the plant management said on Wednesday. The proposed plan shall generate about 2 MW of electricity, it said. Besides, a project of rooftop solar energy systems installation on residences and offices in the township is also underway, which has the potential to generate about 3 MW of electricity, it said. Upon completion, the two projects shall lead to a reduction in as much as 2,900 tonnes of Carbon Dioxide emission every year, thereby helping in environment conservation, it said. On May 9 this year, a Power Purchase

SAIL's Bhilai steel plant to install solar energy systems in premises
Updated On : 15 May 2024 | 12:37 PM IST

Chhattisgarh Assembly elections: Congress' major focus on farmer schemes

Ahead of the Assembly elections, the state government is taking out schemes for the farmers as they constitute around 70 per cent of the state's population and are a key vote bank in the state

Chhattisgarh Assembly elections: Congress' major focus on farmer schemes
Updated On : 26 Oct 2023 | 6:20 PM IST

Rajasthan govt encourages farmers to set up solar pumps to cut cost

Agriculture Commissioner Kanaram said farmers were subsidised up to 60 per cent of the cost of setting up a solar-energy pump

Rajasthan govt encourages farmers to set up solar pumps to cut cost
Updated On : 27 Jan 2023 | 7:03 PM IST

Maharashtra govt to install 200,000 solar agriculture pumps: Dy CM Fadnavis

Maharashtra Deputy Chief Minister Devendra Fadnavis on Wednesday said the government has fixed the target of installing two lakh solar agricultural pumps in the state. Fadnavis, who also holds the charge of Energy Department, held a review meeting at its headquarters in Mumbai. Speaking to reporters later, he said, "The state government has set the target of installing two lakh agri solar pumps in the coming months. While one lakh will be set up by the Maharashtra Energy Development Authority (MEDA), the remaining ones will come from the Maharashtra State Electricity Distribution Company Ltd (MSEDCL)." The Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) will cover necessary parts of this programme of installing the solar agri pumps, he said, without giving details of how many pumps have been installed so far in the state. "The state government is also taking steps towards agri feeders to be converted on solar energy to benefit farmers. I have asked the officials

Maharashtra govt to install 200,000 solar agriculture pumps: Dy CM Fadnavis
Updated On : 29 Sep 2022 | 7:18 AM IST

Haryana is leading state in solar pumps installation: Manohar Lal Khattar

Khattar provided solar pumps to the farmers during an inauguration programme held through videoconferencing from Chandigarh

Haryana is leading state in solar pumps installation: Manohar Lal Khattar
Updated On : 06 Jan 2022 | 9:32 PM IST

No sunny days in sight: Challenges for solar pumps in Haryana, Rajasthan

The second of a three-part series takes a look at challenges for those who aspire for solar-powered pumps in Haryana, Rajasthan

No sunny days in sight: Challenges for solar pumps in Haryana, Rajasthan
Updated On : 31 Dec 2019 | 1:38 AM IST

Explained: How solar-powered pumps are changing lives of farmers

Business Standard travelled across four water-deficient districts in Rajasthan and Haryana to take stock of how solar-powered pumps are changing lives. The first of a three-part series

Explained: How solar-powered pumps are changing lives of farmers
Updated On : 30 Dec 2019 | 1:58 PM IST

Maharashtra govt to tax power consumers to finance solar pumps for farmers

The Maharashtra State Electricity Distribution Company has applied a 10 paise per unit surcharge from November 1 to collect funds for the farmers

Maharashtra govt to tax power consumers to finance solar pumps for farmers
Updated On : 04 Nov 2018 | 6:57 PM IST