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benefits of solar energy

Perovskite Solar Cells Can Emerge An Alterative To Gallium In Space: Study

Merida Aerospace, a Tampa-based aerospace company, is developing perovskite solar cells tailored for space applications, with a specific emphasis on enhancing performance and economy for low Earth orbit (LEO) satellites. LEO satellites often rely on solar panels as their primary power source, capturing sunlight during orbital solar exposure for sustained operation. These panels enhance weight […]

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COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip

Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar.  Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […]

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US Households With Heat Pumps Witness 62% Drop Energy Bills: NREL

NREL is a national laboratory of the US Department of Energy (DOE) for renewable energy and energy efficiency research development, operated for DOE and funded by the Department of energy’s Building Technologies Office. In its latest research, NREL shared research on the benefit of heat pumps for households. The research was co-authored by Prateek Munankarmi, […]

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IEEFA Cites Jharkhand Solar Policy To Support Blended Finance For DRE

A recent report by Institute for Energy Economics and Finance (IEEFA) has put the spotlight on the role of blended finance as a medium to support transition to renewable energy in developing countries. The report defines blended finance as a medium to support scaling up financing for assets such as mini grids that have the […]

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Solar Finance Startup Metafin Gets $5 Million Funding

Metafin, a leading cleantech-focused NBFC, has successfully raised $5 million in equity funding, led by Prime Venture Partners and Varanium Capital. This investment backs Metafin’s approach to accelerating rooftop solar adoption and financing in rural India. Metafin plans to utilize funds to expand across states, grow its loan book, enhance its technology and IoT stack, […]

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Nextracker Accelerates Distributed Solar Generation, Delivers 600 Projects

Nextracker, an integrated solar tracker and software solution provider, announced it has surpassed 600 projects delivered in its distributed generation (DG) portfolio. Driven by customers realizing significant energy gains using its NX Horizon™ solar tracker systems, Nextracker’s DG projects are deployed worldwide in commercial and industrial applications, including data centers, farming, retail, education, and manufacturing […]

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Rooftop Solar: Will PSUs Deliver For PM Suryodaya Yojana?

The MNRE’s January 25 Office Memorandum, where it allocated states to specific PSUs for pushing the ambitious new Rooftop Solar targets, throws up some very interesting questions. With a target of 10 million households, and upto 3 KW of solar for each, the Pradhan Mantri Suryodaya Yojana is potentially a game changer, offering an opportunity […]

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Holtec Unveils Nuclear-Solar Hybrid Plant Design For Emission Reduction

A United States (US) based company Holtec International which is an equipment and systems supplier for the energy industry recently developed a combined nuclear/solar plant (CNSP) power plant design. It melds the benefits of nuclear (high energy density, non-polluting, base load) with those of solar (zero fuel cost, minor regulatory barriers). It claims to be […]

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Strata Clean Energy Commences 1GW Battery Storage Project in Arizona

US-based Strata Clean Energy, the grid-scale renewable energy solutions company, initiated the works for for its Scatter Wash battery storage complex in Phoenix, Arizona. The 255 MW / 1,020 MWh facility is expected to become operational in April 2025. The project’s batteries can store enough electricity to power more than 250,000 homes for 4 hours […]

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