Solar power is the fastest growing part of the global energy industry. Inderpreet Wadhwa, CEO of Azure Power, one of the largest solar power producers in India, sat down with us to discuss why India is well positioned to capitalize on the trend.
Wadhwa emphasizes that over 200 million people in India do not have electricity. He says there is a lot of potential because solar radiation is available in most parts of the country, and India has over 300 days of sun. The fact that India is an emerging economy and has to build new infrastructure is another advantage, he says, because the country can "leapfrog" coal industry infrastructure.
For Azure Power, it is important to work closely with the government. Wadhwa says energy in India is highly regulated so they need favorable government policy. 90% of the company's contracts are with the government. With the price of solar much cheaper than energy consumed in many industries, Wadhwa says they are now doing more commercial contracts with industries such as the hotels.
Critics of bitcoin's energy use argue that its carbon footprint is way out of proportion with its social value, while supporters assert that bitcoin is no different than the rest of the financial system.
NASA is returning to sizzling Venus, our closest yet perhaps most overlooked neighbor, after decades of exploring other worlds.
Salvage experts have failed to tow a fire-stricken container ship carrying chemicals out to sea and it has started to sink off Sri Lanka’s main port, raising fears of a marine environmental disaster.
Excessive sanitizing over COVID-19 fears may actually be harming more than helping. Cheddar explains.
The White House says the United States on Tuesday will reach 50% of American adults fully vaccinated for COVID-19.
Forecasters expect yet another busy Atlantic hurricane season this year, but they say it won't be as crazy as 2020.
Anyone who gets vaccinated at select state-run vaccination sites in New York next week will receive a lottery scratch ticket with prizes potentially worth millions, as the state tries to boost slowing vaccination rates.
The famed Darwin’s Arch in the Galapagos Islands has lost its top, and officials are blaming natural erosion of the stone.
President Joe Biden says the U.S. will share an additional 20 million doses of COVID-19 vaccines with the world in the coming six weeks.
China has landed a spacecraft on Mars for the first time in the latest step forward for its ambitious space program.
