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

Approved List of Models and Manufacturers by MNRE

The MNRE has decided to publish a list of approved models and manufacturers for solar cells and PV modules complying with the BIS norms. The list is expected to be published by April 2020 after which, only the models and manufacturers included in these lists will be eligible for use in government and government-assisted projects, and schemes and programs,...

WIND ENERGY

Why Job Creation Has slowed Down in the Renewable Energy Sector

Renewable Energy Jobs – India Solar and wind energy are not only helping in reducing our carbon footprint but are also huge generators of jobs. According to the Council on Energy, Environment and Water (CEEW), 1 MW of wind power creates 1.27 job-years of employment. Similarly, 1 MW of rooftop solar capacity can create 24.72 job-years, while ground-mounted...

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

Massive “Make in India” Subsidy Planned for Battery and EV Manufacturing

The chairman of Niti Aayog, Mr. Amitabh Kant is one of the most influential people in the Modi government. He had earlier said that India has missed the bus on solar manufacturing but there was still time for India to become a major manufacturer in the new Electric Vehicle and battery storage industries. Over the past...

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...