Category: All News

  • IIT Kanpur to Develop India’s First Sun Simulator for Concentrated Photovoltaic Systems

    IIT Kanpur to Develop India’s First Sun Simulator for Concentrated Photovoltaic Systems

    IIT Kanpur has signed a Memorandum of Understanding with Bengaluru-based NexPV Energy Systems facilitated by Invariance Automation, a member company of IIT Kanpur’s Research and Technology Park Foundation (Technopark@iitk), to design and develop India’s first Sun Simulator for Concentrated Photovoltaic (CPV) systems. The facility will enable CPV modules to be tested and characterised at the end of production lines in India, a capability that does not currently exist in the country.

    The project is led by Professor Ashish Garg and team from IIT Kanpur’s Department of Sustainable Energy Engineering. It reflects the Institute’s research focus on clean energy technologies that can move from laboratory to large-scale manufacturing. It also advances Technopark@iitk’s mandate of building industry-academia partnerships around indigenous innovation.

    Prof. Ashish Garg, Department of Sustainable Energy Engineering, IIT Kanpur, said, “India’s net-zero commitment for 2070 will require solar deployment at a scale far beyond today’s, and that growth must rest on domestic capability across the value chain. Testing infrastructure is a strategic part of that chain: a technology cannot scale if it cannot be measured reliably. CPV modules behave fundamentally differently from flat panels, and building India’s first simulator designed for them is exactly the kind of translational research IIT Kanpur is committed to.”

    CPV systems use optical lenses to concentrate sunlight onto tiny, ultra-efficient multi-junction cells. These cells stack several semiconductor layers, each capturing a different part of the solar spectrum. The cells occupy only about 0.1% of the panel area, cutting cell requirement by more than 99% compared with conventional solar panels. NexPV, led by Mr Chidananda Murthy R, has developed indigenous CPV technology. Its proof-of-concept systems have operated in the field for around three years, and the company is moving to large-scale manufacturing.

    Chidananda Murthy R, Director, NexPV Energy Systems, said, “India has crossed 168 GW of installed solar capacity, but domestic cell manufacturing remains well behind module capacity, and with the cell mandate now in force, that gap directly affects deployment. CPV needs less than one per cent of the cell area of a conventional panel and, in our systems, about half the land. It can open a new pathway for solar in India’s high-DNI regions. A domestic CPV simulator gives us the quality assurance to manufacture at scale.”

    Existing sun simulators are designed for flat-plate panels. CPV modules work only with direct, parallel sunlight, accept light within a very narrow angle, and are sensitive to spectral balance. The IIT Kanpur team will engineer a simulator that reproduces these conditions precisely. In future Invariance Automation will serve as the preferred manufacturing partner to take the system from prototype to production.

  • IIT Kanpur to Develop India’s First Sun Simulator for Concentrated Photovoltaic Systems

    IIT Kanpur to Develop India’s First Sun Simulator for Concentrated Photovoltaic Systems

    IIT Kanpur has signed a Memorandum of Understanding with Bengaluru-based NexPV Energy Systems facilitated by Invariance Automation, a member company of IIT Kanpur’s Research and Technology Park Foundation (Technopark@iitk), to design and develop India’s first Sun Simulator for Concentrated Photovoltaic (CPV) systems. The facility will enable CPV modules to be tested and characterised at the end of production lines in India, a capability that does not currently exist in the country.

    The project is led by Professor Ashish Garg and team from IIT Kanpur’s Department of Sustainable Energy Engineering. It reflects the Institute’s research focus on clean energy technologies that can move from laboratory to large-scale manufacturing. It also advances Technopark@iitk’s mandate of building industry-academia partnerships around indigenous innovation.

    Prof. Ashish Garg, Department of Sustainable Energy Engineering, IIT Kanpur, said, “India’s net-zero commitment for 2070 will require solar deployment at a scale far beyond today’s, and that growth must rest on domestic capability across the value chain. Testing infrastructure is a strategic part of that chain: a technology cannot scale if it cannot be measured reliably. CPV modules behave fundamentally differently from flat panels, and building India’s first simulator designed for them is exactly the kind of translational research IIT Kanpur is committed to.”

    CPV systems use optical lenses to concentrate sunlight onto tiny, ultra-efficient multi-junction cells. These cells stack several semiconductor layers, each capturing a different part of the solar spectrum. The cells occupy only about 0.1% of the panel area, cutting cell requirement by more than 99% compared with conventional solar panels. NexPV, led by Mr Chidananda Murthy R, has developed indigenous CPV technology. Its proof-of-concept systems have operated in the field for around three years, and the company is moving to large-scale manufacturing.

    Chidananda Murthy R, Director, NexPV Energy Systems, said, “India has crossed 168 GW of installed solar capacity, but domestic cell manufacturing remains well behind module capacity, and with the cell mandate now in force, that gap directly affects deployment. CPV needs less than one per cent of the cell area of a conventional panel and, in our systems, about half the land. It can open a new pathway for solar in India’s high-DNI regions. A domestic CPV simulator gives us the quality assurance to manufacture at scale.”

    Existing sun simulators are designed for flat-plate panels. CPV modules work only with direct, parallel sunlight, accept light within a very narrow angle, and are sensitive to spectral balance. The IIT Kanpur team will engineer a simulator that reproduces these conditions precisely. In future Invariance Automation will serve as the preferred manufacturing partner to take the system from prototype to production.

  • IIT Kanpur to Develop India’s First Sun Simulator for Concentrated Photovoltaic Systems

    IIT Kanpur has signed a Memorandum of Understanding with Bengaluru-based NexPV Energy Systems facilitated by Invariance Automation, a member company of IIT Kanpur’s Research and Technology Park Foundation (Technopark@iitk), to design and develop India’s first Sun Simulator for Concentrated Photovoltaic (CPV) systems. The facility will enable CPV modules to be tested and characterised at the end of production lines in India, a capability that does not currently exist in the country.

    The project is led by Professor Ashish Garg and team from IIT Kanpur’s Department of Sustainable Energy Engineering. It reflects the Institute’s research focus on clean energy technologies that can move from laboratory to large-scale manufacturing. It also advances Technopark@iitk’s mandate of building industry-academia partnerships around indigenous innovation.

    Prof. Ashish Garg, Department of Sustainable Energy Engineering, IIT Kanpur, said, “India’s net-zero commitment for 2070 will require solar deployment at a scale far beyond today’s, and that growth must rest on domestic capability across the value chain. Testing infrastructure is a strategic part of that chain: a technology cannot scale if it cannot be measured reliably. CPV modules behave fundamentally differently from flat panels, and building India’s first simulator designed for them is exactly the kind of translational research IIT Kanpur is committed to.”

    CPV systems use optical lenses to concentrate sunlight onto tiny, ultra-efficient multi-junction cells. These cells stack several semiconductor layers, each capturing a different part of the solar spectrum. The cells occupy only about 0.1% of the panel area, cutting cell requirement by more than 99% compared with conventional solar panels. NexPV, led by Mr Chidananda Murthy R, has developed indigenous CPV technology. Its proof-of-concept systems have operated in the field for around three years, and the company is moving to large-scale manufacturing.

    Chidananda Murthy R, Director, NexPV Energy Systems, said, “India has crossed 168 GW of installed solar capacity, but domestic cell manufacturing remains well behind module capacity, and with the cell mandate now in force, that gap directly affects deployment. CPV needs less than one per cent of the cell area of a conventional panel and, in our systems, about half the land. It can open a new pathway for solar in India’s high-DNI regions. A domestic CPV simulator gives us the quality assurance to manufacture at scale.”

    Existing sun simulators are designed for flat-plate panels. CPV modules work only with direct, parallel sunlight, accept light within a very narrow angle, and are sensitive to spectral balance. The IIT Kanpur team will engineer a simulator that reproduces these conditions precisely. In future Invariance Automation will serve as the preferred manufacturing partner to take the system from prototype to production.

  • PFC Organises “Swachhata Ke Liye Shramdaan” Cleanliness Drive Under the Patronage of the Ministry of Power

    PFC Organises “Swachhata Ke Liye Shramdaan” Cleanliness Drive Under the Patronage of the Ministry of Power

    Power Finance Corporation Limited (PFC), a Maharatna CPSE under the Ministry of Power, organised a cleanliness drive, “Swachhata Ke Liye Shramdaan,” at its office in New Delhi today, under the patronage of the Ministry of Power,

    Government of India. The initiative was undertaken as part of the Government of India’s “Ek Ghanta, Ek Din, Ek Saath” movement, which calls upon citizens, government organisations and institutions to dedicate one hour of voluntary labour towards cleanliness and contribute to the vision of Swachh Bharat.

    The cleanliness drive was led by Shri Ghanshyam Prasad, Chairperson, CEA, along with Shri Rajesh Kumar Agarwal, Director (Finance), PFC; Shri Piyush Singh, Additional Secretary, Ministry of Power; Shri Diwakar Nath Mishra, Additional Secretary, Ministry of Power; and Dr. D. Saibaba, Additional Secretary, Ministry of Power, along with senior officers from the Ministry of Power and PFC employees.

    The programme commenced with the Swachhata Pledge, administered to all participants. Officers and employees collectively pledged to contribute towards cleanliness, maintain clean homes, workplaces and public spaces, refrain from littering, and encourage others to adopt responsible cleanliness practices.

    The participants subsequently joined the Shramdaan activity, undertaking cleanliness and sanitation work in the office premises and surrounding areas. The initiative reflected the collective commitment of the Ministry of Power and its CPSEs towards promoting cleanliness, hygiene and responsible civic practices.

    Speaking on the occasion, Shri Ghanshayam Prasad, Chairperson, CEA, appreciated the enthusiastic participation of officers and employees and emphasised that cleanliness should become a sustained way of life rather than a one-time activity. He encouraged all participants to carry the spirit of Shramdaan beyond the workplace and extend it to their homes and communities.

    The “Ek Ghanta, Ek Din, Ek Saath” initiative reinforces the message that cleanliness is a shared responsibility and that collective participation can contribute meaningfully towards building a cleaner and healthier nation. The cleanliness drive organised by PFC under the patronage of the Ministry of Power is part of the Ministry’s broader efforts to promote the values of Swachhata, sustainability and collective responsibility across the power sector.

    The Ministry of Power and its CPSEs will continue to undertake cleanliness drives, awareness campaigns and other initiatives in support of the Swachh Bharat Mission and the Government of India’s vision of a clean and sustainable India.

  • PFC Organises “Swachhata Ke Liye Shramdaan” Cleanliness Drive Under the Patronage of the Ministry of Power

    PFC Organises “Swachhata Ke Liye Shramdaan” Cleanliness Drive Under the Patronage of the Ministry of Power

    Power Finance Corporation Limited (PFC), a Maharatna CPSE under the Ministry of Power, organised a cleanliness drive, “Swachhata Ke Liye Shramdaan,” at its office in New Delhi today, under the patronage of the Ministry of Power,

    Government of India. The initiative was undertaken as part of the Government of India’s “Ek Ghanta, Ek Din, Ek Saath” movement, which calls upon citizens, government organisations and institutions to dedicate one hour of voluntary labour towards cleanliness and contribute to the vision of Swachh Bharat.

    The cleanliness drive was led by Shri Ghanshyam Prasad, Chairperson, CEA, along with Shri Rajesh Kumar Agarwal, Director (Finance), PFC; Shri Piyush Singh, Additional Secretary, Ministry of Power; Shri Diwakar Nath Mishra, Additional Secretary, Ministry of Power; and Dr. D. Saibaba, Additional Secretary, Ministry of Power, along with senior officers from the Ministry of Power and PFC employees.

    The programme commenced with the Swachhata Pledge, administered to all participants. Officers and employees collectively pledged to contribute towards cleanliness, maintain clean homes, workplaces and public spaces, refrain from littering, and encourage others to adopt responsible cleanliness practices.

    The participants subsequently joined the Shramdaan activity, undertaking cleanliness and sanitation work in the office premises and surrounding areas. The initiative reflected the collective commitment of the Ministry of Power and its CPSEs towards promoting cleanliness, hygiene and responsible civic practices.

    Speaking on the occasion, Shri Ghanshayam Prasad, Chairperson, CEA, appreciated the enthusiastic participation of officers and employees and emphasised that cleanliness should become a sustained way of life rather than a one-time activity. He encouraged all participants to carry the spirit of Shramdaan beyond the workplace and extend it to their homes and communities.

    The “Ek Ghanta, Ek Din, Ek Saath” initiative reinforces the message that cleanliness is a shared responsibility and that collective participation can contribute meaningfully towards building a cleaner and healthier nation. The cleanliness drive organised by PFC under the patronage of the Ministry of Power is part of the Ministry’s broader efforts to promote the values of Swachhata, sustainability and collective responsibility across the power sector.

    The Ministry of Power and its CPSEs will continue to undertake cleanliness drives, awareness campaigns and other initiatives in support of the Swachh Bharat Mission and the Government of India’s vision of a clean and sustainable India.

  • PFC Organises “Swachhata Ke Liye Shramdaan” Cleanliness Drive Under the Patronage of the Ministry of Power

    PFC Organises “Swachhata Ke Liye Shramdaan” Cleanliness Drive Under the Patronage of the Ministry of Power

    Power Finance Corporation Limited (PFC), a Maharatna CPSE under the Ministry of Power, organised a cleanliness drive, “Swachhata Ke Liye Shramdaan,” at its office in New Delhi today, under the patronage of the Ministry of Power,

    Government of India. The initiative was undertaken as part of the Government of India’s “Ek Ghanta, Ek Din, Ek Saath” movement, which calls upon citizens, government organisations and institutions to dedicate one hour of voluntary labour towards cleanliness and contribute to the vision of Swachh Bharat.

    The cleanliness drive was led by Shri Ghanshyam Prasad, Chairperson, CEA, along with Shri Rajesh Kumar Agarwal, Director (Finance), PFC; Shri Piyush Singh, Additional Secretary, Ministry of Power; Shri Diwakar Nath Mishra, Additional Secretary, Ministry of Power; and Dr. D. Saibaba, Additional Secretary, Ministry of Power, along with senior officers from the Ministry of Power and PFC employees.

    The programme commenced with the Swachhata Pledge, administered to all participants. Officers and employees collectively pledged to contribute towards cleanliness, maintain clean homes, workplaces and public spaces, refrain from littering, and encourage others to adopt responsible cleanliness practices.

    The participants subsequently joined the Shramdaan activity, undertaking cleanliness and sanitation work in the office premises and surrounding areas. The initiative reflected the collective commitment of the Ministry of Power and its CPSEs towards promoting cleanliness, hygiene and responsible civic practices.

    Speaking on the occasion, Shri Ghanshayam Prasad, Chairperson, CEA, appreciated the enthusiastic participation of officers and employees and emphasised that cleanliness should become a sustained way of life rather than a one-time activity. He encouraged all participants to carry the spirit of Shramdaan beyond the workplace and extend it to their homes and communities.

    The “Ek Ghanta, Ek Din, Ek Saath” initiative reinforces the message that cleanliness is a shared responsibility and that collective participation can contribute meaningfully towards building a cleaner and healthier nation. The cleanliness drive organised by PFC under the patronage of the Ministry of Power is part of the Ministry’s broader efforts to promote the values of Swachhata, sustainability and collective responsibility across the power sector.

    The Ministry of Power and its CPSEs will continue to undertake cleanliness drives, awareness campaigns and other initiatives in support of the Swachh Bharat Mission and the Government of India’s vision of a clean and sustainable India.

  • PFC Organises “Swachhata Ke Liye Shramdaan” Cleanliness Drive Under the Patronage of the Ministry of Power

    PFC Organises “Swachhata Ke Liye Shramdaan” Cleanliness Drive Under the Patronage of the Ministry of Power

    Power Finance Corporation Limited (PFC), a Maharatna CPSE under the Ministry of Power, organised a cleanliness drive, “Swachhata Ke Liye Shramdaan,” at its office in New Delhi today, under the patronage of the Ministry of Power,

    Government of India. The initiative was undertaken as part of the Government of India’s “Ek Ghanta, Ek Din, Ek Saath” movement, which calls upon citizens, government organisations and institutions to dedicate one hour of voluntary labour towards cleanliness and contribute to the vision of Swachh Bharat.

    The cleanliness drive was led by Shri Ghanshyam Prasad, Chairperson, CEA, along with Shri Rajesh Kumar Agarwal, Director (Finance), PFC; Shri Piyush Singh, Additional Secretary, Ministry of Power; Shri Diwakar Nath Mishra, Additional Secretary, Ministry of Power; and Dr. D. Saibaba, Additional Secretary, Ministry of Power, along with senior officers from the Ministry of Power and PFC employees.

    The programme commenced with the Swachhata Pledge, administered to all participants. Officers and employees collectively pledged to contribute towards cleanliness, maintain clean homes, workplaces and public spaces, refrain from littering, and encourage others to adopt responsible cleanliness practices.

    The participants subsequently joined the Shramdaan activity, undertaking cleanliness and sanitation work in the office premises and surrounding areas. The initiative reflected the collective commitment of the Ministry of Power and its CPSEs towards promoting cleanliness, hygiene and responsible civic practices.

    Speaking on the occasion, Shri Ghanshayam Prasad, Chairperson, CEA, appreciated the enthusiastic participation of officers and employees and emphasised that cleanliness should become a sustained way of life rather than a one-time activity. He encouraged all participants to carry the spirit of Shramdaan beyond the workplace and extend it to their homes and communities.

    The “Ek Ghanta, Ek Din, Ek Saath” initiative reinforces the message that cleanliness is a shared responsibility and that collective participation can contribute meaningfully towards building a cleaner and healthier nation. The cleanliness drive organised by PFC under the patronage of the Ministry of Power is part of the Ministry’s broader efforts to promote the values of Swachhata, sustainability and collective responsibility across the power sector.

    The Ministry of Power and its CPSEs will continue to undertake cleanliness drives, awareness campaigns and other initiatives in support of the Swachh Bharat Mission and the Government of India’s vision of a clean and sustainable India.

  • PFC Organises “Swachhata Ke Liye Shramdaan” Cleanliness Drive Under the Patronage of the Ministry of Power

    PFC Organises “Swachhata Ke Liye Shramdaan” Cleanliness Drive Under the Patronage of the Ministry of Power

    Power Finance Corporation Limited (PFC), a Maharatna CPSE under the Ministry of Power, organised a cleanliness drive, “Swachhata Ke Liye Shramdaan,” at its office in New Delhi today, under the patronage of the Ministry of Power,

    Government of India. The initiative was undertaken as part of the Government of India’s “Ek Ghanta, Ek Din, Ek Saath” movement, which calls upon citizens, government organisations and institutions to dedicate one hour of voluntary labour towards cleanliness and contribute to the vision of Swachh Bharat.

    The cleanliness drive was led by Shri Ghanshyam Prasad, Chairperson, CEA, along with Shri Rajesh Kumar Agarwal, Director (Finance), PFC; Shri Piyush Singh, Additional Secretary, Ministry of Power; Shri Diwakar Nath Mishra, Additional Secretary, Ministry of Power; and Dr. D. Saibaba, Additional Secretary, Ministry of Power, along with senior officers from the Ministry of Power and PFC employees.

    The programme commenced with the Swachhata Pledge, administered to all participants. Officers and employees collectively pledged to contribute towards cleanliness, maintain clean homes, workplaces and public spaces, refrain from littering, and encourage others to adopt responsible cleanliness practices.

    The participants subsequently joined the Shramdaan activity, undertaking cleanliness and sanitation work in the office premises and surrounding areas. The initiative reflected the collective commitment of the Ministry of Power and its CPSEs towards promoting cleanliness, hygiene and responsible civic practices.

    Speaking on the occasion, Shri Ghanshayam Prasad, Chairperson, CEA, appreciated the enthusiastic participation of officers and employees and emphasised that cleanliness should become a sustained way of life rather than a one-time activity. He encouraged all participants to carry the spirit of Shramdaan beyond the workplace and extend it to their homes and communities.

    The “Ek Ghanta, Ek Din, Ek Saath” initiative reinforces the message that cleanliness is a shared responsibility and that collective participation can contribute meaningfully towards building a cleaner and healthier nation. The cleanliness drive organised by PFC under the patronage of the Ministry of Power is part of the Ministry’s broader efforts to promote the values of Swachhata, sustainability and collective responsibility across the power sector.

    The Ministry of Power and its CPSEs will continue to undertake cleanliness drives, awareness campaigns and other initiatives in support of the Swachh Bharat Mission and the Government of India’s vision of a clean and sustainable India.

  • PFC Organises “Swachhata Ke Liye Shramdaan” Cleanliness Drive Under the Patronage of the Ministry of Power

    Power Finance Corporation Limited (PFC), a Maharatna CPSE under the Ministry of Power, organised a cleanliness drive, “Swachhata Ke Liye Shramdaan,” at its office in New Delhi today, under the patronage of the Ministry of Power,

    Government of India. The initiative was undertaken as part of the Government of India’s “Ek Ghanta, Ek Din, Ek Saath” movement, which calls upon citizens, government organisations and institutions to dedicate one hour of voluntary labour towards cleanliness and contribute to the vision of Swachh Bharat.

    The cleanliness drive was led by Shri Ghanshyam Prasad, Chairperson, CEA, along with Shri Rajesh Kumar Agarwal, Director (Finance), PFC; Shri Piyush Singh, Additional Secretary, Ministry of Power; Shri Diwakar Nath Mishra, Additional Secretary, Ministry of Power; and Dr. D. Saibaba, Additional Secretary, Ministry of Power, along with senior officers from the Ministry of Power and PFC employees.

    The programme commenced with the Swachhata Pledge, administered to all participants. Officers and employees collectively pledged to contribute towards cleanliness, maintain clean homes, workplaces and public spaces, refrain from littering, and encourage others to adopt responsible cleanliness practices.

    The participants subsequently joined the Shramdaan activity, undertaking cleanliness and sanitation work in the office premises and surrounding areas. The initiative reflected the collective commitment of the Ministry of Power and its CPSEs towards promoting cleanliness, hygiene and responsible civic practices.

    Speaking on the occasion, Shri Ghanshayam Prasad, Chairperson, CEA, appreciated the enthusiastic participation of officers and employees and emphasised that cleanliness should become a sustained way of life rather than a one-time activity. He encouraged all participants to carry the spirit of Shramdaan beyond the workplace and extend it to their homes and communities.

    The “Ek Ghanta, Ek Din, Ek Saath” initiative reinforces the message that cleanliness is a shared responsibility and that collective participation can contribute meaningfully towards building a cleaner and healthier nation. The cleanliness drive organised by PFC under the patronage of the Ministry of Power is part of the Ministry’s broader efforts to promote the values of Swachhata, sustainability and collective responsibility across the power sector.

    The Ministry of Power and its CPSEs will continue to undertake cleanliness drives, awareness campaigns and other initiatives in support of the Swachh Bharat Mission and the Government of India’s vision of a clean and sustainable India.

  • Vikram Solar Appoints Nimish Jain as CBO

    Vikram Solar Appoints Nimish Jain as CBO

    Vikram Solar Limited has accepted the resignation of Rony Banerjee, Executive Vice President – Sales & Business Development and Senior Management Personnel, effective from the close of business hours on September 28, 2026.

    According to the company’s regulatory disclosure, Banerjee submitted his resignation on August 27, 2026. Following internal discussions, the company accepted his resignation and relieved him of his duties with effect from September 28, 2026.

    As part of the leadership transition, Vikram Solar has appointed Nimish Jain as Chief Business Officer (CBO). Jain brings more than 17 years of leadership experience across solar manufacturing, international sales, operations and P&L management.

    Jain has been associated with Vikram Solar’s growth across key markets. In his new role, he will lead the company’s commercial agenda and bring together its sales and business development functions as Vikram Solar continues to scale its operations and strengthen its presence across markets.

    Banerjee has also committed to supporting a smooth transition of responsibilities and assisting in the handover process, according to the disclosure.

    The changes were announced by Vikram Solar pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted the relevant intimation to BSE Limited and the National Stock Exchange of India on September 29, 2026.