The role of renewable energy in achieving India’s net zero goals
The road to net-zero emissions in India doesn’t require herculean efforts. We can get there by wholeheartedly adopting renewables, investing in innovation and technology, and promoting public-private partnerships to build a better, cleaner, and more sustainable India for generations to come.
U.S. scientists develop air-bridge thermophotovoltaic cells with 44% efficiency
U.S. scientists have developed a thermophotovoltaic cell that could be paired with inexpensive thermal storage to provide power on demand. The indium gallium arsenide (InGaAs) thermophotovoltaic cell absorbs most of the in-band radiation to generate electricity, while serving as a nearly perfect mirror.
Solarwatt shuts down battery factory in Germany
Solarwatt says it will shut down its battery factory in Germany. Battery production at the Dresden facility will halt at the end of this year, and the company will move all battery and solar panel production to China.
Gensol Engineering profit 129% up in FY 2024
Gensol Engineering recorded consolidated revenue of INR 996 crore and net profit of INR 53 crore for fiscal 2023-24.
Lead-free inverted perovskite solar cells without transparent conducting oxides may achieve 30% efficiency
Researchers in Nigeria have proposed to build inverted perovskite solar cells exclusively with all-inorganic transport materials and a lead-free perovksite absorber. Through a series of simulations, they showed these device may achieve efficiencies over 30% with low production costs.
Maxvolt secures $1.5 million for lithium battery plans
Maxvolt Energy Industries has raised $1.5 million from angel investors to accelerate its lithium battery research and development efforts, enhance the production capacity, and expand market reach.
Madhav Infra secures EPC contract for 15 MW floating solar in Chhattisgarh
Madhav Infra Projects has secured the order to set up a 15 MW floating solar PV project at Maroda Reservoir of NTPC-SAIL Power Co. Ltd (NSPCL) in Chhattisgarh.
Alpex Solar net profit grows 680% YoY
Alpex Solar, which was listed on NSE Emerge in February, has reported operational revenues of INR 404.43 crore and net profit of INR 29.05 crore for FY 2024.
Swelect Energy Systems consolidated net profit 881% up YoY in FY 2024
Swelect Energy Systems Ltd (formerly known as Numeric Power Systems) has posted a consolidated total income of INR 279.33 crore and a net profit of INR 63 crore for the year ended March 31, 2024.
Bladeless wind energy innovation aims to compete with rooftop solar
A compact, “motionless” wind turbine with a magnetic generator designed for large commercial rooftops provides 5 kW of capacity per unit. Aeromine Technologies secured Series A funding for scaling its innovative design.
