Air Conditioning in India The dominance of the Korean chaebols over the Indian air conditioning market has ended with the Tata owned Voltas stealing the lead. The marketshare of Voltas has increased dramatically in 2012 according to a GFK Neilsen survey by 5 percentage points to 21%. Note air conditioning is a necessity in India, […]
Indian Government’s New Hair Brained Scheme – Export 500 MW of Electricity to Pakistan to build Good Relations India suffers from a huge deficit in power generation with many parts of the countries suffering from chronic power cuts. Electricity companies in India are currently suffering losses as the governance and regulation remains ineffective. The country’s […]
Solar subsidies in general have always been a boom and a bust story with very few countries managing to get it right. In Europe, in particular the feed in tariffs given by the Government to promote solar have always resulted in massive booms. This has strained the Government exchequer forcing it to take drastic measure […]
US Solar Panel Industry The massive global oversupply of solar panels has led to solar panel prices plummeting to new depths. This has already led to bankruptcies of numerous solar companies around the world with some of them being erstwhile global leaders. The carnage has not stopped as even small solar companies serving niche markets […]
Exelon from Wind to Solar Exelon which is the owner of the biggest portfolio of nuclear power plants in the US has been kicked out of the powerful wind industry association AWEA. The primary reason is that Exelon has opposed the extension of the 30% wind tax credit given to the wind industry. Note wind […]
The story of Q-Cells comes to an End Q-Cells is the biggest solar failure in Europe as the company which was the global leader in 2008 failed to pay its creditors in 2012. Q-Cells which concentrated on producing crystalline silicon solar cells could not cope with Asian competitors who drastically cut prices and costs in […]