The competition has been extremely high for these projects leading to zero to negative returns for investors.This is due to a) low electricity rates on offer b) Aggressive bidding leading to even lower rates.This new phase of projects seems to be repeat of the old program.Giant state utilities can easily bid to win even if they lose money in the process.
Extreme Weather Conditions has increased in frequency this decade.In fact this decade is the hottest decade in records with temperatures making new records every year.While nothing can be said with a 100% possibility that it is due to Global Warming,the evidence is certainly pointing in that direction.
Honda’s strategy of promoting Hybrids is a good one as Hybrids make much more economic sense than EVs.Without massive government subsidies EVs are expensive big toys and will unlikely generate large sales or do anything to improve the environment.On the other hand Hybrids are an excelllent intermediate solution to the climate problems.
President Obama has said that USA expects to capture 40% global marketshare of the EV/Battery Industry by 2015.This claim is predicated on the Massive Subsidies that DOE has recently given to Battery Companies.This will help in increasing the USA marketshare from 2% last year to 40% by 2015.However this claim by Obama looks to be […]
USA’s NSA possesses formidable strengths in this area using American information technology which is the best in the world.USA has denied the export of critical encryption technology in order to safeguard its lead in the cyber security area.India is taking a leaf from these countries albeit in a late manner.India’s plan will involve recruiting hackers and software professionals under the aegis of its intelligence agencies.A new law also will be passed to prevent exiting Indian laws from prosecuting these recruits.
Taiwan and South Korean Companies have been making massive investments in the Solar Energy Space through both greenfield and brownfield expansion.South Korean Hanhwa has used the greenfield route by buying up a 49.99% stake in 4th largest Chinese solar producer Solarfun while global foundry leader TSMC has bought equity stakes in Stion and Motech.Samsung and […]