German researchers have reported achieving 24% efficiency for perovskite and organic tandem solar cells They were able to report this level using ultra-thin layer of indium oxide which was only 1.5 nanometer thick at the interconnection level Researchers are confident that this can lead to more than 30% efficiency level for tandem cells A group […]
A report published on Wednesday reveals that wind and solar, the fastest-growing sources of electricity, reached a record 10 per cent of global electricity in 2021. Fifty countries around the world have now reached the milestone. Overall, clean sources generated 38 per cent of the world’s electricity in 2021, more than coal (36 per cent). […]
India Ratings and Research (Ind-Ra) has upgraded Mahindra Renewables Private Limited’s (MRPL) senior project term loans to ‘IND A+’ from ‘IND A-’. The Outlook is Stable. The detailed rating action is as follows: nstrument Type Date of Issuance Coupon Rate Maturity Date Size of Issue (million) Rating/Outlook Rating Action Senior project term loans* – – […]
As energy costs spike, the number of buildings globally deploying smart building technologies will reach 115 million in 2026, from 45 million in 2022, a new report showed on Monday. This growth of over 150 per cent reflects increasing demand for energy efficiency from businesses and residents alike, according to a new study from Juniper […]
Rating agency ICRA on Tuesday said there are strong demand prospects for renewable energy projects in the commercial and industrial segment but regulatory risks pose challenges. The demand prospects for RE (Renewable Energy) capacity addition by Commercial & Industrial (C&I) segment are expected to remain solid, given the improved tariff competitiveness and strong sustainability/green initiatives […]
End-of-life management for photovoltaics (PV) refers to the processes that occur when solar panels and all other components are retired from operation. There are millions of solar installations connected to the grid in the United States, which means there are hundreds of millions of PV panels in use. Most PV systems are young—approximately 70% of […]
Chennai : India will see industrial capex of Rs 22-24 lakh crore till 2030 and electric vehicles and its value chain will comprise roughly 10% of that amount. According to a report by Crisil, electric vehicles and the auto value chain will get around Rs 2.2 lakh crore in investments over the next 8 years, […]
New Delhi : With a strong pick up in the adoption of electric two-wheelers which is translating into robust sales of e-two wheeler companies, there is also a possibility of electric scooters becoming costlier by Rs 45,000 in fiscal 2025, says a Crisil report, which can be offset by the Production Linked Incentive (PLI) for […]
The share of round the clock (RTC) plants1 in the overall renewable (RE) capacity mix will increase from nearly nil today to over 5% by calendar 2025. This will be driven by expected tariff reduction of nearly 12% over the next two fiscals and an ability to provide power at a pre-determined schedule — currently […]