renewables

Why Chanda Kochhar needs to step down, according to an IIM-A professor

1 month ago admin2 Comments Off on Why Chanda Kochhar needs to step down, according to an IIM-A professor
Two of India’s most celebrated woman bankers have been in hot water for the last three months. Shikha Sharma, CEO of Axis Bank, the country’s third-largest private lender, stepped down reportedly following a strong signal from the Reserve Bank of India (RBI) that it was unhappy over rising bad loans and falling profits. The firm Read More

With $2.5 billion of M&As in 2018, India’s renewables sector is set for a leap

1 month ago admin2 Comments Off on With $2.5 billion of M&As in 2018, India’s renewables sector is set for a leap
In just the first half of the year, India’s booming renewable energy sector has seen merger and acquisition (M&A) deals worth over $2.5 billion (around Rs16,631 crore). In April, ReNew Power, India’s largest renewable energy company, acquired New Delhi-based Ostro Energy for around $1.5 billion, what has been the biggest such deal in the country Read More

The world set a new record for renewable power in 2017, but emissions are still rising

1 month ago admin2 Comments Off on The world set a new record for renewable power in 2017, but emissions are still rising
In 2017, the world deployed an ever-expanding amount of solar and wind power, setting a new record for renewable-power capacity added to the grid. In fact, the money spent on renewable installations was more than twice the sum spent on nuclear and fossil-fuel power, according to the annual Global Status Report published by renewables policy Read More

Is “Zero-Waste” Bitcoin Mining Achievable?

8 months ago admin2 Comments Off on Is “Zero-Waste” Bitcoin Mining Achievable?
Mining Mining is an essential but energy-intensive means of securing the bitcoin network. It is thanks to this process that millions of strangers can transact with complete trust, safe in the knowledge that the information stored on the blockchain is true. Despite this, the energy costs of bitcoin mining have come under scrutiny, prompting calls Read More

Even in European countries with the dirtiest electricity, electric cars are cleaner than diesel

8 months ago admin2 Comments Off on Even in European countries with the dirtiest electricity, electric cars are cleaner than diesel
Opposition to the electric-car revolution has long argued that if one accounts for the well-to-wheel impact—the pollution produced from the entire cycle of power generation to fuel a car, rather than just the gasoline to power it—battery-powered vehicles are not necessarily any cleaner than gas-powered ones because of the dirty ways we produce electricity. Scientific Read More