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Fitch Ratings assigns IREDA’s upcoming MTN programme ‘BBB-(EXP)’

Fitch Ratings today said that it has assigned ‘BBB-(EXP)’ to state-run Indian Renewable Energy Development Agency’s upcoming USD 300 million MTN programme. The agency has also assigned a short-term expected rating of ‘F3(EXP)’ to the programme. The ratings are equalised with those of the sovereign (BBB-/F3/Stable) IDR. This reflects the 100 per cent state ownership […]

30.2 Percent Efficiency – New Record for Silicon-based Multi-junction Solar Cell

Researchers at the Fraunhofer Institute for Solar Energy Systems ISE together with the Austrian company EV Group (EVG) have successfully manufactured a silicon-based multi-junction solar cell with two contacts and an efficiency exceeding the theoretical limit of silicon solar cells. For this achievement, the researchers used a “direct wafer bonding” process to transfer a few […]

World moving towards green economy: UN

Highlighting India’s growing solar capacity, UN chief Antonio Guterres has said the world is moving towards a green economy at a time when “unprecedented” climate change is posing a threat to development. “Around the world, over half of new power generation capacity now comes from renewables. In Europe, the figure is more than 90 per […]