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.
These are the headlines you Need 2 Know.
These are the headlines you Need 2 Know.
Maisie Devine, global director for Anheuser-Busch InBev's 100+ Accelerator, said the incubator will focus on nurturing sustainable start-ups, as the alcohol giant commits to reducing its own emissions by 25 percent.
An unknown malfunction prompted an emergency landing of a Russian rocket, with the American astronaut and Russian cosmonaut on board both found safe. Sarah Lewin, an editor at Space.com, said these events are rare but astronauts train extensively for them.
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Hurricane Michael made landfall on Wednesday as a Category 4 storm, heading for areas that are still recovering from Florence. Jason Samenow, the Washington Post's weather editor, said the storm is far from over and that the biggest concern will be storm surges.
Hurricane Michael strengthened to a Category 4 overnight as it barrels towards the Florida Panhandle. AccuWeather predicts the hurricane will cause $30 billion in damage. SoftBank is reportedly in talks to take a majority stake in WeWork. Plus, Cheddar's Alyssa Julya Smith chats with actor Caleel Harris about what to expect from the upcoming 'Goosebumps 2: Haunted Halloween' movie and his role in Ava DuVernay's 'Central Park Five' TV series.
Hurricane Michael strengthened into a monster Category 4 storm overnight, tracking for a Wednesday afternoon landfall near Panama Beach, Fla. Joel Myers, founder and president of AccuWeather, explained the specific dangers of this storm for the southeast.
These are the headlines you Need 2 Know.
Hurricane Michael has strengthened to Category 2 hurricane as of Tuesday and could ramp up to Category 3 by the time it makes landfall in Florida Wednesday. Eric Holthaus, meteorologist and writer for Grist, said the storm is likely to be the worst to hit the Panhandle in decades.
