INDIAN MARKETS

Indian Government Banks Remain Reluctant Lenders to Green Power Projects

Green Loans India India requires hundreds of billions of dollars in funding for its 500 GW of green power capacity that is supposed to come up by 2030 as part of its climate change mitigation efforts as per the Paris climate change treaty. However, India’s government-owned banks have not done much to support the government...

SOLAR ENERGY

Another New Low for Solar Price Seen in the Middle East

Low prices for solar projects have been a phenomenon that we have seen over the past 2-3 years with ever new record lows being bid for solar auctions across the world. After some records, it has lost the surprise factor. However, a recent bid of 1.7 cents/kWh seen in Dubai has again surprised industry watchers...

WIND ENERGY

Suzlon Energy on Death Bed?

Suzlon Bankruptcy Suzlon Energy, India’s green poster child has finally fallen into a debt death spiral. The wind turbine giant is heavily debt-laden and is unable to honor its commitments. The company always had huge debt commitments Suzlon which is India’s largest pure-play green company and one of the largest wind turbine manufacturers globally has faced challenges in...

CLIMATE CHANGE

Why Switching to Renewable Energy Sources Is a Top Priority

It’s something of an unsettling fact that our society is almost entirely dependent upon fossil fuels. While the combustion of fossil fuels has been a ‘necessary evil’ for the development of most industrial nations, we have to come to terms with the reality that we can no longer use fossil fuels as the primary energy...

GREEN STOCKS

Another Major Bailout for India’s Perennially Indebted Power Utilities on the Anvil

India’s power distribution sector is always facing a challenge of high debt and heavy losses due to vested political interests that always keep the power prices below that of the actual cost incurred by the utilities most of which are state-owned. Over the last 15 years, there have been a number of reforms that have...

WORLD ECONOMY & MARKETS

Dumping of Cheap Low-Quality Lithium Batteries by China into India Begins

EVs in India The Indian solar industry is dominated by Chinese solar companies which push huge amounts of cheap solar products into the country which has driven the domestic manufacturing into the ground. This has been the common modus operandi of Chinese companies not only in the solar industry but even in other industries where...

TECHNOLOGY

Is Hyperloop Just A Case of Hyperbole or Will It Disrupt The Transport Industry

Can Hyperloop Disrupt The Transport Industry Hyperloop has gathered vast amounts of media attention in the past few years and is said to be the next big thing in transportation industry set to disrupt the trillion dollar industry. However, the hype around Hyperloop has failed to produce anything concrete till date, unlike Electric Vehicles which are...