Sanjana
Sanjana Surbhi
Assistant Manager
New Delhi, Updated on Dec 13, 2024 13:18 IST

Waaree Energies and IIT Bombay will jointly develop an advanced setup for fabricating and characterizing high-efficiency perovskite solar cells.

IIT Bombay Partners with Waaree Energies

IIT Bombay Partners with Waaree Energies

The Indian Institute of Technology (IIT) Bombay has partnered with Waaree Energies Limited, India’s largest manufacturer of solar PV modules, on a strategic CSR initiative focused on advanced research and development in solar perovskite cells. The collaboration will see both organizations jointly create an advanced Fabrication and Characterisation setup for high-efficiency perovskite solar cells. Through this initiative, Waaree Energies aims to inspire young engineers and scientists with a passion for clean energy, particularly solar power.

The initiative is designed to serve as a model for innovation and sustainability, inspiring India’s next generation. Perovskite solar cells, known for their exceptional light absorption and efficiency potential, represent a significant breakthrough in solar technology. The setup at IIT Bombay aims to redefine the future of solar power, providing a cutting-edge platform for students and researchers to develop clean energy solutions, and positioning India as a global leader in renewable technology.

“This partnership with IIT Bombay represents our enduring commitment to innovation and empowering the youth with world-class research facilities. By supporting R&D in high-efficiency perovskite solar cells, we’re enabling students to explore the forefront of solar technology—a field poised to become one of the largest employment generators in the coming years.” said Dr. Amit Paithankar, CEO of Waaree Energies Ltd.

Prof. Ravindra Gudi, Dean Alumni & Corporate Relations, IIT Bombay said: “This strategic CSR partnership with Waaree Energies is a testament to our shared vision of a sustainable and energy-secure future for India. At IIT Bombay, we are committed to advancing solar power R&D by fostering innovation and creating opportunities for the next generation of researchers and engineers. Waaree's generous investment will empower our students and faculty to push the boundaries of high-efficiency solar technologies, including pioneering work in perovskite solar cells.”

By equipping IIT Bombay with this advanced setup, Waaree aims to bridge the academic-industry gap, cultivating a talent pool ready to drive India’s renewable energy ambitions forward. This CSR initiative goes beyond funding- it reflects Waaree’s core values of education, innovation, and sustainability, which are deeply embedded in the company’s DNA.

Q:   Is IIT Bombay good for MBA courses?
A:

MBA is one of the popular courses of IIT Bombay, offered through Shailesh J. Mehta School of Management. The institute has a good ranking in the Management category. Here are few parameters that will help candidates decide if IIT Bombay is a good option for pursuing an MBA:

  • Rankings: NIRF has ranked IIT Bombay under the 'Management' Category for three consecutive years. In 2024, NIRF ranked the institute at #10 position among the top MBA institutes in India. 
  • PlacementsIIT Bombay conducts placement drive every year. Students pursuing MBA can get placed in the top companies through the placement drive. The highest and average package offered during SJMSOM IIT Bombay MBA placements 2024 stood at INR 72 LPA and INR 28.01 LPA. Further, the placement rate recorded during SJMSOM MBA placement 2024 was 100%. A total of 48 companies visited the campus during SJMSOM IIT Bombay MBA placements 2024.
  • Faculty: As per IIT Bombay Shiksha Reviews, every faculty member here is highly qualified, and many of them have multiple publications in renowned research journals. 
Q:   Is MSc available in IIT Bombay?
A:

Yes, IIT Bombay offers MSc for two-years. The PG-level course is available in seven specialisations, including Chemistry, Biotechnology, Applied Geology, Applied Geophysics, Mathematics, Physics, Applied Statistics & Informatics. Moreover, the institute also offers MSc + PhD (dual degree) course in three specialisations including Environmental Science & Engineering, Operations Research, Energy Science & Engineering.

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About the Author
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Sanjana Surbhi
Assistant Manager
Sanjana Surbhi has over five years of experience in the online education sector. Drawing from her tenure with ed-tech companies, she infuses her work with a wealth of knowledge from the education realm, lending an i Read Full Bio

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