Expressions of interest (EoI) for the assets of bankrupt Moser Baer Solar are likely to be invited this week, resolution professional Arvind Garg announced. The company owes over Rs 1,000 crore to a number of lenders.
IBC Solar has completed the installation of a 27 MW solar PV plant in the state of Odisha, while Sunsure Energy installed 20 MW across two plants in Karnataka.
The combination of a 9 MW solar park developed over its rocky barren land and rooftop PV panels installed on 79 government buildings generate enough solar power to meet Diu’s daytime electricity needs.
In a much-awaited move, India’s Ministry of New and Renewable Energy (MNRE) has mandated that, effective April 16, 2018, all solar PV manufacturers will have to register their equipment with the Bureau of Indian Standards (BIS).
The Gujarat state government has approved a 5 GW solar PV park, to be located in the Dholera Special Investment Region. The development of what will become the world’s largest such project when complete, is seen as “crucial” on the back of Bangladesh’s recent interest to procure 2 GW of solar energy from India.
The governments of the U.K. and India have announced a new green fund, managed by Lightsource BP and the Everstone Group, which will see up to £500 million invested in green energy in India. The U.K. has also joined the Indian-led International Solar Alliance (ISA).
U.S. technology company Microlink Devices has achieved a record efficiency of 37.75% on its triple junction thin film cells. The lightweight cell achieves a power density of more than 3000 W/kg, and is designed for use in satellites and unmanned air vehicles (UAVs). The new efficiency record is confirmed by the National Renewable Energy Laboratory.
The researchers found that printed solar cells achieved a better performance when they used an active polymer material as glue.