Indian Wind Industry The bad news has finally come in, that the Indian wind energy market halved in 2012, compared to the previous year. Only 1700 MW wind turbines were sold in this year compared to around ~3500 MW solar in 2011. The reason for the sharp decline was the removal of the accelerated depreciation […]
India should fight back by imposing duties on Solar Panel Imports The Indian government has finally woken up and taken the fight to the US in the domestic content case for solar panel usage. I had already written how the US had made India a sucker in the case when First Solar (FSLR) has won […]
BASEL II BASEL II is a new capital adequacy framework designed by the BASEL Committee of Banking Supervision. It is mandated for all the scheduled commercial banks in India by the apex bank, Reserve Bank of India (RBI) to safeguard the banks from going bankrupt and to help them maintain adequate liquidity. BASEL Capital Accord […]
Indian solar industry has been lobbying to get anti-dumping duties imposed on solar panel imports for a very long time. The global solar industry downturn has severely hurt the solar makers worldwide. With even the biggest and best solar companies like Yingli Energy (YGE), Suntech (STP) showing huge losses, smaller solar companies have closed down. […]
Emergence of Developing Economies Over the last few decades, the global economy has witnessed the emergence of developing economies. There has been increased global integration and financial innovation. Different economies in the world are getting interrelated, interconnected and integrated. This factor when coupled with Technical innovation which includes internet, mobility, etc. is helping the global […]
China’s solar industry is in total chaos with massive overcapacity plaguing the industry for the last two years. Two of the biggest solar companies LDK and Suntech have already defaulted on their debt, while hundreds of others keep churning out huge losses. Foreign governments are incensed with China’s behavior, with US already imposing anti-dumping duties […]