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solar panel efficiency

SunPower sets a new solar power panel efficiency record of 24.1 percent

SunPower has set a new solar power panel efficiency record of 24.1 percent, surpassing the previous world record for the highest efficiency of a solar panel using silicon cells. Early this year SunPower achieved 22.8 percent efficiency for its X-Series solar panel. “With greater efficiency, we can fit more watts on the roof with the outstanding […]

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Alpex Solar Net Profit Increases 680% YoY After IPO

Alpex Solar Limited has released its yearly financial statements since its successful IPO on February 15, 2024, is this year. Net earnings for the company increased by 680 percent from INR 3.72 crore in FY23 to INR 29.05 crore in FY24. Operational revenues for the company increased to INR 404.43 crore from INR 182.69 crore […]

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India’s Solar Energy Sector And Opportunities for Startups and Entrepreneurs

India’s solar energy sector is experiencing a remarkable transformation, creating abundant opportunities for startups and entrepreneurs. With the government’s ambitious targets and supportive policies, this sector is becoming a hotspot for innovation and investment. Growing Solar Capacity India aims to achieve 300 GW of solar capacity by 2030, a significant leap from its current capacity […]

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Customer Use Case By Growatt For Maximising Profits in Commercial Solar Projects

In today’s competitive solar energy landscape, optimizing the performance of your commercial solar project is essential for maximizing profits. One of the key components that can significantly impact profitability is the inverter. Both manufacturers and investors are exploring strategies to leverage inverters to enhance solar project’s earnings. A prime example of a company successfully leveraging […]

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Five Solar Startups Using AI To Make An Impact

If tech in the 2020s had to be defined by a phrase, it’d be Artificial Intelligence or AI. With every product nowadays coming out with some form of AI, it’s not surprising to see AI make its way to solar as well. In particular, startups have been at the forefront of the AI revolution for […]

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US To Invest $71 Million In Supporting Solar Manufacturing Research

U.S. Department of Energy (DOE) has announced a $71 million investment, including $16 million from the President’s Bipartisan Infrastructure Law, in research, development, and demonstration projects to grow the network of domestic manufacturers across the U.S. solar energy supply chain. The selected projects will address gaps in the domestic solar manufacturing capacity for the supply […]

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US-Based Flexible Solar Firm Active Surfaces Secures $5.6M Funding

US-based Active Surfaces, a flexible solar panel startup spun out from MIT, raised $5.6 million in an oversubscribed pre-seed funding round. The round was led by Safar Partners, a deep-tech venture capital fund. Additional participants—include QVT, Lendlease, Type One Ventures, Umami Capital, Sabanci Climate Ventures, New Climate Ventures, SeaX Ventures, and others—reflect a diverse support […]

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EU Rooftop Solar Standard Can Provide Power To 56 Mn Homes

The European Energy Performance of Buildings Directive recently entered into force with the publication of the rule in the official journal of the European Union (EU). Its implementation could provide solar power equivalent of 56 million European homes. A preliminary analysis conducted by SolarPower Europe suggests that the EPBD could drive the installation of 150 […]

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LONGi Sets New Record In Silicon Solar Cell Efficiency

LONGi Green Energy Technology Co. announced that the company has broken another world record for silicon solar cell efficiency only four months after it last set a world record in this area on May 7. As certified by Germany’s Institute for Solar Energy Research Hamelin (ISFH), the new silicon heterojunction back-contact (HBC) solar cells designed […]

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