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.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
NASA and SpaceX have chosen May 27 for resuming astronaut launches from the U.S. after nine years. NASA Administrator Jim Bridenstine announced the launch date Friday.
Danielle Allen, director of the center, told Cheddar that ending quarantine will require a robust social effort involving potentially thousands of workers and brand new technology solutions.
Seven Midwestern governors announced Thursday that they will coordinate on reopening their state economies, after similar pacts were made earlier this week in the Northeast and on the West Coast.
Top Chinese officials secretly determined they were likely facing a pandemic from a new coronavirus in mid-January, ordering preparations even as they downplayed it in public.
Coronavirus-related deaths in New York City have surged past 10,000 now that officials have revised the tally to include people presumed to have died from the virus, rather than just those with lab-confirmed test results.
Tatyana Popkova, chief strategy officer for the health system, talked to Cheddar about how the innovative medical center was designed to take on challenges such as a patient surge from a pandemic.
Tommy Berges, a veteran paramedic and firefighter out of Washtenaw County, Michigan, said the outbreak has extended emergency response times from the outset.
Kay Sears, VP and GM of Military Space for Lockheed Martin described the final frontier as a "warfighting realm," to Cheddar at Satellite 2020.
New York Gov. Andrew Cuomo Friday said the coronavirus pandemic has hit a "plateau" but stressed that putting New Yorkers back to work hinges on the level of testing that is available across the state.
