You are here: Home » News-IANS » Business-Economy
Business Standard

Vikram Solar signs deal with French atomic energy commission

IANS  |  New Delhi 

Solar solutions provider has signed an agreement with the French national Atomic and Alternative Commission (CEA) to collaborate on innovative and development in solar energy, the Indian company announced.

The agreement was signed on Saturday during the French Emmanuel Macron's ongoing visit, a statement said here.

The Memorandum of Understanding (MoU) provides for collaboration in "enhanced research and development in high efficiency crystalline silicon cells, modules, systems and a host of high efficiency generation and for French and Indian markets".

"The will share their know-how and technologies in solar energy, storage, smart grid and thermal efficiency, while will apply these technologies in large volume manufacturing with the objective of improving solar photovoltaic cells and modules and simultaneously developing by increasing their storage capacity.

"Other advanced research and development areas of collaboration will include and wafering, mono and bi-facial modules, agri-photovoltaics and solar mobility as well as exploring new competitive materials in order to reduce costs," the MoU said.

Commenting on the development, Vikram Solar said the association with will strengthen the company's focus on newer technology.

said in a statement: "Our association with Vikram Solar comes at a time when the need for renewables is at an all-time high in as well as globally."

The CEA carries out research on thermal and photovoltaic solar energy, as well as on the production of using a thermodynamic process known as concentrating solar power technology, the release said.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, March 11 2018. 12:18 IST