Entries by Solar Business Hub

Tata Power acquires Welspun Renewables and becomes largest renewable power company in India

Tata Power, India’s largest integrated power company, announced on Monday that, Tata Power Renewable Energy Limited (“TPREL”), a 100% subsidiary of Tata Power, has signed an SPA with Welspun Energy Private Limited (“WEPL”) to acquire its subsidiary Welspun Renewables Energy Private Limited (“WREPL”). This represents the largest transaction in renewables space in India.

ABB commissions world’s largest solar PV project of its kind in India

ABB announced yesterday that it has successfully commissioned five substations to integrate a 648-megawatt (MW) solar project at Kamuthi in the southern Indian state of Tamil Nadu to the national transmission grid. The project was awarded by independent power producer (IPP) Adani Group in 2015, and completed on schedule. The solar photovoltaic project – made […]

Perovskite Solar Cells Surpass 20% Efficiency

Researchers at École polytechnique fédérale de Lausanne (EPFL), Michael Graetzel and his team, found that, by briefly reducing the pressure while fabricating perovskite crystals, they were able to achieve the highest performance ever measured for larger-size perovskite solar cells, reaching over 20% efficiency and matching the performance of conventional thin-film solar cells of similar sizes. Their […]

Solar PV added a record 50 GW in 2015 to reach 227 GW in total, says REN21

REN21 announced last week the release of  “The Renewables 2016 Global Status Report” which shows that renewables are now firmly established as competitive, mainstream sources of energy in many countries around the world. 2015 was a record year for renewable energy installations Renewable power generating capacity saw its largest increase ever, with an estimated 147 gigawatts (GW) […]

Schmid Group to Establish a Fully Integrated PV Manufacturing Plant in Iran

The German  PV equipment supplier Schmid Group announced this week that it has signed a Memorandum of Understanding with the Industrial Development & Renovation Organization of Iran (IDRO) to start a collaboration to establish a fully integrated photovoltaic manufacturing plant in Iran. The state of the art manufacturing facility will include the entire photovoltaics value chain, including the […]