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.
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.
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.
Renewable manufacturing costs up to 200% lower in China, says WoodMac
Wood Mackenzie says in its latest report that low prices and integrated supply chains allow Chinese manufacturers to supply more than 65% of total global demand for renewables equipment, with its exports growing by 35% between 2019 and 2023.
India’s solar module exports hit $1.97 billion in fiscal 2023-24
India’s solar module exports hit $1,969.13 million in fiscal 2023-24. Out of this, shipments to USA totalled $1,939.92 million.
Shedding light on tandem perovskite solar cell progress
Perovskite PV devices are set to become the next big thing in solar with market analysts at S&P Global Commodity Insights predicting 1 GW of production by the end of 2024, rising to 6 GW in 2025. Perovskite tandem devices are at the front of the queue for commercialization but their characterization presents technical challenges.
Global polysilicon prices hold steady, China polysilicon falls on weak demand
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
