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NY Researchers Find Way To Make Organic Solar Cells More Robust

Despite its numerous advantages against silicone solar PV panels, Organic solar cells have faced an issue of corrosion from Moisture. The researchers at the New York University Tandon School of Engineering have discovered a remarkable means of making organic solar panels more robust, including conferring resistance to oxygen, water and light by doing the opposite: […]

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Tata Power’s Renewable Biz Shines Again; EBITDA Up 35% in Q4

During the quarter, the Mumbai-headquartered company’s profit after tax (PAT) before exceptional items stood at Rs 259 crore, as against Rs 118 crore. Utility giant Tata Power’s renewable energy business again unveiled a significant growth during the fourth quarter of FY19, as it’s consolidated EBITDA surged 35 per cent to Rs 1,879 crore, mainly driven by […]

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Spruce Finance Secures $208 Million for Residential Solar Assets

Spruce Finance owns and operates a growing portfolio of distributed generation solar and residential energy assets in the U.S. Headquartered in Houston with executive offices in San Francisco. Distributed generation solar plants operator Spruce Finance, a leading owner and operator of residential energy assets in the U.S., has announced the successful closing of a $208 […]

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Axpo Acquires Urbasolar With Plans to Become European Leader in PV Segment

Swiss energy utility Axpo and independent French solar PV specialist Urbasolar have announced the signing of an acquisition contract of 100% of the latter’s securities by Axpo. This agreement aims to consolidate and stimulate the growth of the French PV specialist, which now becomes the photovoltaic operator within the group with the ambition to become […]

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Maharashtra Sets Generic Tariff For Solar Projects at Rs 3.29/kWh

The Maharashtra Electricity Regulatory Commission (MERC) has issued the generic tariff order for renewable energy projects for the current financial year (FY 2019-20). The latest order will apply for the period between April 1, 2019, and March 31, 2020. The commission has in its order set the generic tariff for utility-scale solar PV projects at […]

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Jamia Milia University Makes Prize Winning Smart Solar Inverters’ Model

To aid rural electrification and promote reliable electricity distribution in the Indian villages, a professor from Delhi based Jamia Milia Islamia with his group of researchers has invented a smart solar inverter to replace traditional inverter which is expensive and also not environment-friendly. Ahteshamul Haque from the Department of Electrical Engineering in Jamia Milia Islamia […]

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Indian Solar Sector Contracts in 2018-19

The Indian Solar sector saw only 6,529 MW addition during the last financial year while Wind energy Sector too recorded a slump in growth. According to the data supplied by the Central Electricity Authority, 2018-19 saw fresh capacity additions to a paltry 6,529 MW as against 9,010 MW in the previous year. The figures show […]

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Home-Tech Startup Zunroof Secures $1.2 Mn Funding From Godrej

Gurgaon-based smart energy solutions provider, ZunRoof has raised a fresh round of pre-Series A funding of $1.2 million from Godrej. The company plans to utilise this round of capital for expansion and further strengthen its product portfolio. According to a statement issued by the company, the funding comes at an integral time for it, as […]

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Europe’s Solar Resurgence is on the Horizon: Report

A new report has revealed that the European solar market is undergoing a resurgence with more than 10 gigawatts (GW) installed in 2018, marking a five year high. Wood Mackenzie’s ‘Global solar PV market outlook update: Q1 2019’ predicts that based on this growing trend of more and more solar installations the continent should break […]

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