A new wave in solar technology
Financial Express Delhi|December 14, 2024
Technological advancements have made solar energy more affordable, while new applications are further driving adoption
AJAY MATHUR SABA KALAM
A new wave in solar technology

ONCE VIEWED AS prohibitively expensive and technologically limited, solar energy now stands as one of the most affordable and efficient forms of energy generation worldwide. From a nascent 1.22 GW in 2000, the world's solar capacity has surged to an impressive 1,419 GW in 2023, charting a CAGR of about 36%. Today, solar capacity represents a staggering three-quarters of all renewable capacity additions worldwide. This remarkable growth is primarily due to relentless advancements in solar technology, cost reductions, efficient solar cells, and investors prioritizing investment in solar energy.

New age solar technologies: We are now seeing a leap in innovative solar technologies. Quantum dot solar cells have achieved a record-breaking efficiency of 18.1%, offering a promising approach to enhance solar energy capture and power atmospheric water harvesting technologies. Researchers are creating self-healing solar panels to extend the lifespan and reduce the maintenance of existing solar cell technologies. The solar sector is now also increasingly prioritizing recycling end-of-life panels and implementing circular economy practices to minimize environmental impact, with new processes recovering up to 96% of panel materials.

この記事は Financial Express Delhi の December 14, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Delhi の December 14, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

FINANCIAL EXPRESS DELHIのその他の記事すべて表示
More Indians looking to fly biz class this holiday season
Financial Express Delhi

More Indians looking to fly biz class this holiday season

The number of Indians eyeing to fly business class has seen a sharp uptick this holiday season compared to last year. While the trend is more pronounced in international travel, travel agents and online platforms suggest that it is also emerging on many domestic routes.

time-read
2 分  |
December 18, 2024
Markets slump over 1%
Financial Express Delhi

Markets slump over 1%

• Investors' wealth down ₹4.92 lakh cr

time-read
2 分  |
December 18, 2024
EPFO weighs higher equity investments
Financial Express Delhi

EPFO weighs higher equity investments

● Labour ministry panel to look at ways to raise exposure

time-read
2 分  |
December 18, 2024
Indian firms turn to euro, yen swaps to trim borrowing cost
Financial Express Delhi

Indian firms turn to euro, yen swaps to trim borrowing cost

INDIAN FIRMS ARE opting for cross-currency swaps to convert part of their debt into the euro or the Japanese yen in order to trim borrowing costs, said bankers.

time-read
2 分  |
December 18, 2024
Financial Express Delhi

IIT-Madras to offer fine arts, culture courses

IN A FIRST for Indian Institutes of Technology (IITs), IIT-Madras on Tuesday said it would offer two supernumerary seats in each undergraduate programme to students who have achieved excellence in fine arts and culture, starting from the upcoming academic session.

time-read
1 min  |
December 18, 2024
Financial Express Delhi

Not even 2% work-linked higher education courses yet: Report

EDUCATION-INDUSTRY MISMATCH

time-read
1 min  |
December 18, 2024
Financial Express Delhi

The world's busiest airline routes in 2024 are largely in Asia

● Leisure continues to outshine corporate trips

time-read
1 min  |
December 18, 2024
Financial Express Delhi

DPIIT inks pact with HDFC Bank to help startups

THE DEPARTMENT FOR Promotion of Industry and Internal Trade (DPIIT) on Tuesday said it has inked pacts with HDFC Bank and Tally Solutions to help startups growth.

time-read
1 min  |
December 18, 2024
Financial Express Delhi

Panel suggests LS elections template for entrance tests

DRAWING PARALLELS WITH the conduct of general elections, a high-level committee set up by the Education ministry and chaired by former Isro chief K Radhakrishnan, has proposed a similar framework for holding important national entrance tests to ensure transparency.

time-read
1 min  |
December 18, 2024
Financial Express Delhi

PM: Cong fanned water disputes among states

PRIME MINISTER NARENDRA Modi on Tuesday said all homes in Rajasthan will soon have tap water, attacking the Congress party over water disputes between states.

time-read
1 min  |
December 18, 2024