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Pharma Major Cipla Acquires 26 Percent Stake in AMPSolar Owned Local SPV

The acquisition is expected to be completed by June 12, 2019. Cipla has invested Rs 12.9 crore for the 26 percent stake in the SPV. Indian multinational pharmaceutical and biotechnology company, Cipla, has announced the acquisition of a 26 percent minority stake in AMPSolar Power Systems Pvt. Ltd. (AMPSolar), a wholly owned subsidiary of AMPSolar […]

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Iberdrola Posts First Quarter Profit Increase of 15 Percent

The group is moving forward with 4,100 new MW of capacity scheduled for 2019, which will increase annual production by 13%, and another 8,800 MW between 2020 and 2022. Spanish public multinational electric utility company, Iberdrola recently issued its first quarter financial results. Obtaining a net profit of €963.9 million in the first three months, […]

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Sharp Launches 3 New Mono-PERC Modules With 19.1% Efficiency

Sharp has unveiled three new high-efficiency mono-PERC solar panels. These range from 300 W to 370 W, and the five-busbar modules are designed for use in a range of applications, from residential PV projects to large commercial installations. Japnese electronic giant Sharp adds that all three modules, the NU-AH370, NU-AK310 and NU-AK300B, can be mounted […]

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22 Percent Drop in Renewable Energy Certificates’ Sales in FY 2018-19

In March, sales of RECs or green certificates declined by over 51 percent to 11.78 lakh from 24.26 lakh in the same month last year.  Sales of renewable energy certificates declined over 22 percent to 1.25 crore units this fiscal on IEX and PXIL as compared to 1.61 crore in 2017-18, mainly due to lower inventory (supply), according to […]

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Kochi Metro Plans to Double its Solar Power Usage to 40 Percent

The panels will be installed at four hectares of the marshy land at the Muttom Yard, adjacent to the Muttom Station on the KMRL metro line. The second phase powering of Kochi Metro with solar power will soon be inaugurated with the installation of panels at Muttom yard. The latest capacity additions are expected to bump the metro rail corps solar […]

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UPERC Approves Charging Tariffs For Various Segments of EV Consumers

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the tariffs for electric vehicle charging in the state. The decision was made after the commission held a public meeting with stakeholders on the matter in the first week of March. Representatives from Uttar Pradesh Power Corporation Limited (UPPCL), Mahindra and UP Rajya Vidyut Upbhokta Parishad, were part of the […]

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JinkoSolar builds momentum for Transition to Mono PERC Modules in India

JinkoSolar claims to have repositioned itself as a premium market leader in India, especially in the mono PERC technology segment. China-based JinkoSolar has posted its best quarterly result ever in India, with sales performing positively in Q4, delivering close to 160 MW panels. The company says it has achieved a 24% market share in the […]

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Solar-Based Flexible Supercapacitor Could Unlock Wearable Tech

The technology developed by researchers from the University of Glasgow in the UK could pave the way for a new generation of flexible electronic devices, including solar-powered prosthetics for amputees. A team led by an Indian-origin scientist has developed a flexible supercapacitor which can generate power from the sun and store excess energy for later use.  The […]

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Longi Solar Sets New Bifacial Mono-PERC Solar Cell World Record at 24.06%

The company’s latest breakthrough bifacial PERC solar cells tested by CPVT achieved a conversion efficiency of 24.06 per cent. LONGi Solar has achieved a new monocrystalline silicon PERC world record conversion efficiency using commercial wafer (M2) dimensions that exceeds 24 per cent for the first time, according to tests carried out by the National Center of […]

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