Breakthrough in Solar Technology: Cell Achieves 36.1% Efficiency

28 Sep 2023 CW Team

In a groundbreaking development for renewable energy, researchers have achieved a remarkable 36.1% efficiency in a new solar cell. This achievement, detailed in a recent study published in the journal Nature Energy, marks a significant leap forward in the quest for more efficient solar power generation.

Traditional solar cells typically have efficiency rates ranging from 15% to 22%, making this newly developed cell a potential game-changer for the industry. The improved efficiency means that more sunlight can be converted into electricity, making solar power even more economically viable and environmentally friendly.

The breakthrough was made possible through advanced materials and innovative engineering techniques. This higher efficiency paves the way for increased solar power adoption, reducing greenhouse gas emissions and mitigating climate change. The implications of this discovery are immense, as it could lead to a surge in solar power installations worldwide. Governments, businesses, and individuals looking to invest in clean energy sources now have a more compelling reason to turn to solar power. This development aligns with global efforts to transition to sustainable energy sources, reducing reliance on fossil fuels.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..