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ACME Solar Raises $334 Million Through Offshore Green Bonds

India’s solar power developer ACME Solar has today announced raising USD 334 million through offshore green bonds. The investment has been raised for 12 of ACME’s solar projects in India, and it will be funded by U.S. dollar-denominated green bonds. These bonds have received the green certification from Climate Bonds Initiative. Also, they will be […]

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Japanese Study Devises Way to Bend Molecular Crystals Using UV Light

“Molecular crystals,” unlike ordinary gemstones-like crystals, can bend, twist, and even jump when excited with light or heat and have garnered attention from chemists, materials scientists, and engineers alike owing to their potential applications in actuators, artificial muscles, and soft robotics. In a recent study published in the Journal of the American Chemical Society, scientists […]

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Floating Solar On A Growth Path

In Solar’s rise to pre-eminence from a fringe renewable energy option just a decade back, it’s time to consider the rise of floating solar (also called floatovoltaics in many cases). To think that it did not even exist at any scale till 2013. The earliest patent on floating solar was taken out only in 2008. […]

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C&I Rooftop to Add 1875 MW Solar Capacity in India in 2021: IEEFA, JMK

India’s commercial and industrial (C&I) segment in calendar year 2021 is estimated to grow by 47% on a year-over-year basis to add 1,875 MW of new capacity, shows a new report published by Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research. The report titled “Emerging technology trends in the C&I rooftop solar market in […]

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Auto Major Mahindra & Mahindra Sets Up 58 MWp Captive Solar Plant

Mumbai-headquartered auto major Mahindra & Mahindra Ltd. is adopting a 58 MWp captive solar plant that is expected to generate about 100 million units of power annually beginning 2022. Located in Parbhani district in the Marathwada region of Maharashtra, the solar plant will be built, owned, and operated for a period of 25 years by […]

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Power Minister Highlights Steps Taken to Push 4000 MW Rooftop By 2022

Responding to a query in the Rajya Sabha, the Ministry of New and Renewable Energy is implementing Rooftop Solar Programme Phase II wherein grid connected RTS capacity aggregating 4000 MW by 2022 is targeted for installation in residential sector with provision of subsidy. For individual households, subsidy upto 40% of the benchmark cost is provided […]

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87% Solar Manufacturers Expect Increased Prices for Consumers: GOGLA

Netherlands-based GOGLA has conducted a survey of 33 solar equipment manufacturers, primarily SHS Kit manufacturers, to understand the impact of disruptions caused by materials shortages and raised shipping costs on the off-grid solar industry. An unprecedented high demand for electric vehicles and consumer electronics (among others caused by COVID-19) has resulted in manufacturers facing chronic […]

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Researchers Make Case for Gallium-doped p-type Heterojunction Solar Cells

Researchers of an Austrian-Russian research group have come out with a technique to make Silicon Heterojunction Solar Cells based on P-type wafers more efficient and stable with Gallium-doping. These p-type, Gallium-doped wafers have proved to be 22.6% efficient, more stable, and cheaper than the usual n-type Phosphorus-doped Czochralski–grown silicon (Cz–Si) wafers.  The scientists of the […]

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NASA Solar Array Technology Now Powering Communications Satellites

US space exploration agency NASA has said that its innovations meant to help humans inhabit other planets, such as Mars, also make life better here on Earth. Consider the Compact Telescoping Array (CTA), a technology developed at NASA’s Langley Research Center in Hampton, Virginia, to provide solar energy to satellites in space. CTA is now […]

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