New solar cell may be most efficient in the world

July 13, 2017

Washington, Jul 13: Scientists have designed a new solar cell that converts direct sunlight to electricity with 44.5 per cent efficiency, and may potentially be the most efficient solar cell in the world.solar

The prototype integrates multiple cells stacked into a single device capable of capturing nearly all of the energy in the solar spectrum, researchers said.

The approach developed by researchers at George Washington University (GWU) in the US is different from the solar panels one might commonly see on rooftops or in fields.

The new device uses concentrator photovoltaic (CPV) panels that employ lenses to concentrate sunlight onto tiny, micro-scale solar cells.

Due to their small size - less than one millimetre square - solar cells utilising more sophisticated materials can be developed cost effectively, researchers said.

The stacked cell acts almost like a sieve for sunlight, with the specialised materials in each layer absorbing the energy of a specific set of wavelengths.

By the time the light is funnelled through the stack, just under half of the available energy has been converted into electricity. By comparison, the most common solar cell today converts only a quarter of the available energy into electricity.

"Around 99 per cent of the power contained in direct sunlight reaching the surface of Earth falls between wavelengths of 250 nanometres (nm) and 2,500 nm, but conventional materials for high-efficiency multi-junction solar cells cannot capture this entire spectral range," said Matthew Lumb, lead author of the study published in the journal Advanced Energy Materials.

"Our new device is able to unlock the energy stored in the long-wavelength photons, which are lost in conventional solar cells, and therefore provides a pathway to realising the ultimate multi-junction solar cell," said Lumb.

While scientists have worked towards more efficient solar cells for years, this approach has two novel aspects.

First, it uses a family of materials based on gallium antimonide (GaSb) substrates, which are usually found in applications for infra-red lasers and photodetectors. The novel GaSb-based solar cells are assembled into a stacked structure along with high efficiency solar cells grown on conventional substrates that capture shorter wavelength solar photons.

In addition, the stacking procedure uses a technique known as transfer-printing, which enables three dimensional assembly of these tiny devices with a high degree of precision.

This particular solar cell is very expensive, however researchers believe it was important to show the upper limit of what is possible in terms of efficiency.

Despite the current costs of the materials involved, the technique used to create the cells shows much promise, researchers said.

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Agencies
July 19,2020

New Delhi, Jul 19: Indian equities will be driven by a host of factors like corporate earnings, coronavirus cases trend and geo-political developments this week, according to analysts.

Market participants will also keenly watch the progress of monsoon, with experts saying that the farm sector revival will play a key role in lifting the coronavirus-hit economy.

"With no major event, the ongoing earnings season and global cues will continue to dictate the market trend. Besides, the progress of monsoon will also be closely watched," Ajit Mishra, VP - Research, Religare Broking, said.

Globally, the rising coronavirus infections and geo-political tensions have created uncertainty on the economic recovery front.

With India's COVID-19 cases fast approaching the 11 lakh mark, the third-highest behind the US and Brazil, and the death toll nearing 27,000, participants are expected to tread cautiously going forward.

At global level, confirmed COVID-19 cases have crossed 1.4 crore and deaths totalled about 6 lakh.

Markets globally will closely follow developments on the trade and political level between the US and China, according to analysts.

"We would continue witnessing stock-specific action as the earnings season unfold. Though the near-term momentum looks positive, we would advise traders to be cautious, given flaring US-China trade relations, persistent rise in virus cases and implementation of fresh lockdowns in parts of the country," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

HDFC Bank will remain in focus on Monday after having announced its June quarter earnings on Saturday.

The lender reported 19.6 per cent rise in its standalone net profit at Rs 6,658.62 crore for April-June 2020; while its income rose to Rs 34,453.28 crore during the quarter.

Other major companies to announce their quarterly results this week are Axis Bank, Bajaj Finance, Hindustan Unilever Limited, Bajaj Auto and ITC.

"Going ahead market participants will closely track the development related to covid vaccine, the rising infection of coronavirus, development on economic activities, corporate earnings and US-China relationship," said Sumeet Bagadia, Executive Director, Choice Broking.

On weekly basis, the Sensex gathered 425.81 points or 1.16 per cent, and the Nifty gained 133.65 points or 1.24 per cent.

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Agencies
March 14,2020

New Delhi, Mar 14: Excise duty on petrol and diesel was on Saturday hiked by ₹3 per litre as the government looked to mop up gains arising from fall in international oil prices.

Special excise duty on petrol was hiked by ₹2 to ₹8 per litre incase of petrol and to Rs 4 incase of diesel, an official notification said.

Additionally, road cess on petrol was raised by ₹1 per litre each on petrol and diesel to ₹10.

The increase in excise duty would in normal course result in a hike in petrol and diesel prices but most of it would be adjusted against the fall in rates that would have necessitated because of slump in international oil prices.

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Agencies
February 25,2020

Tokyo, Feb 25: Japan's Chitetsu Watanabe, recognized at 112 years as the oldest man in the world, has passed away 11 days after he received the Guinness World Record certificate, his family said on Tuesday.

Watanabe died on Sunday night, Efe news reported.

He received the official certificate on February 12 at a nursing home in Joetsu in Niigata prefecture, where he resided.

Soon after being certified as the oldest man, he began to experience a lack of appetite and respiratory problems, the wife of his eldest son told public broadcaster NHK.

Born on March 5, 1907 in a family of farmers, Watanabe moved at the age of 20 to Taiwan, where he worked at a sugar refinery for 18 years before returning to Japan after the end of World War II.

A fan of calligraphy, custard and ice cream, Watanabe told the Guinness team that the key to his long life was laughter.

He was recognized as the oldest male in the world following the deaths in 2019 of German Gustav Gerneth (in October), aged 114 years, and Japan's Masazo Nonaka (in January), at the age of 113, three months older than the German.

It remains to be seen who will be recognized after the death of Watanabe, the only male on the list drawn up by the Gerontology Research Group of the 30 oldest people in the world.

Japan has among the highest life expectancy in the world and the number of centenarians in the country has crossed 71,000, according to the latest government figures.

Since 2000, the number of centenarians censored has quintupled, raising concern for the economic outlook and future workforce of the country - where the birthrate is on a downward trend.

Out of these, 88 per cent are women.

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