Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home News

CEO’s discuss Manufacturing, Affordability & Efficiency in Solar Tech Summit

Urja Daily by Urja Daily
September 9, 2020
in News
Reading Time: 2 mins read
0
CEO’s discuss Manufacturing, Affordability & Efficiency in Solar Tech Summit
Share on FacebookShare on TwitterShare on Linkedin

The CEO’s session at the first World Solar Technology Summit by the ISA saw head honchos make a strong pitch for a broader manufacturing supply chain, besides the need to maintain the price trajectory and seek higher efficiency.

i0n a session moderated by Jeanette Rodrigues, Mumbai bureau chief of Bloomberg LP, global CEOs weighed in on the key imperatives for solar to spread further.

RELATED POSTS

BML Munjal University Honors Mothers with Heartfelt Self-Shot Film ‘She Taught Me First’

Magenta Mobility Joins e-Shram to Empower Delivery Workforce

Anand Mahindra, Chairman of the Mahindra Group with a strong presence in solar power development through group firm Mahindra Susten, made a strong case for domestic manufacturing. “A more aggressive stance in the solar space have almost been forced upon us. Our manufacturing facilities are woefully inadequate. We need manufacturing pre-eminence. A sustainable domestic manufacturing sector can create 50,000 direct jobs  in the next 5 years”, he said.  Mr Mahindra was also keen to see the government take the initiative, along with top developers, to start an innovation prize in solar, to channelise more high quality focus on the segment.

Supporting the argument was Uday Kotak, Managing Director of Kotak Mahindra Bank. Mr Kotak made a strong pitch for the creation of a development financial institution for the renewables sector, besides the possible addition of funding to the sector under priority sector lending. That, in his view, was critical if India is to seriously consider doubling its renewable capacity from th

current 88 GW to 175 GW by 2022, and the higher targets beyond. rReferring to the gap between domestic supply and demand, Mr Kotak called it one of the biggest opportunities in India today, and ” one of those unique scale ups that India can achieve”. He also highlighted the opportunity in storage. He referred to the unfair disadvantage developers in India face, with interest rates in the 8-11 percent range versus sub 5 percent in most developed markets and China. The asset-liability mismatch of bank deposits(3-5 years)  versus project lifetimes in the sector (15 years or more) made bank financing an inappropriate option for the sector, he said.

Swiss Psychiatrist and Balloonist, Bertrand Piccard, the initiator, chairman, and co-pilot, with André Borschberg, of Solar Impulse, the first successful round-the-world solar-powered flight also joined in with a very strong pitch. Piccard spoke about the need to look beyond capacities and production, to more energy efficiencies. “Business as usual’ cannot go on, and urged regulators to start tightening rules to drive change. “One has to show the advantage people can get out of the change. Continuing with the status quo is insane when it comes to how we use the energy we produce”. ON his own pioneering flight on the Solar Impulse, Piccard highlighted that their focus was not on producing more energy to fly, but on making its use more efficient.

Tags: anand mahindrabertrand piccardceo sessioneric rondolatFirst World Solar technology SummitISAjean pascal tricoireSangita Reddyuday kotak
ShareTweetShare
Urja Daily

Urja Daily

Related Posts

BML Munjal University

BML Munjal University Honors Mothers with Heartfelt Self-Shot Film ‘She Taught Me First’

by Palak
May 12, 2025
0

Gurugram : BML Munjal University (BMU) released a self-shot film titled “She Taught Me First” to mark this year’s Mother’s Day....

Magenta Mobility

Magenta Mobility Joins e-Shram to Empower Delivery Workforce

by Palak
May 9, 2025
0

Mumbai – Magenta Mobility has launched a proactive initiative to drive the enrollment of its Delivery Executives (DEs) under the e-Shram portal....

Data Center Market

Key Growth Drivers of the Europe Data Center Market

by Palak
May 9, 2025
0

The Europe Data Center Market is experiencing robust growth, driven by several technological, economic, and regulatory factors. As the demand...

Honeywell

Honeywell Enhances Hydrogen Safety with Advanced Leak Detection Sensor

by Palak
May 7, 2025
0

INDIA – Honeywell announced a new Hydrogen Leak Detector (HLD) solution engineered specifically to identify microscopic hydrogen leaks in real time to...

Hero MotoCorp

Hero MotoCorp and ASDC Launch Phase 2 of ‘Project Saksham’ to Empower 20,000 Women in Automotive Sector

by Palak
May 6, 2025
0

New Delhi/ Agra — Hero MotoCorp, in collaboration with the Automotive Skills Development Council (ASDC), launched Phase 2 of its flagship...

Next Post
Sangita Reddy said Solar Industry can be Enablers of Healthcare Industry in WSTS

Sangita Reddy said Solar Industry can be Enablers of Healthcare Industry in WSTS

Javadekar said India can Reduce Carbon Emissions by 35%

Javadekar said India can Reduce Carbon Emissions by 35%

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Portable Generators

Why Portable Generators Are Essential for North American Homes

May 13, 2025
Smart Cities Market

Top Players Driving the Future of Smart Cities and Urban Innovation

May 13, 2025
  • 643 Followers
  • 23.9k Followers

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

Why Portable Generators Are Essential for North American Homes

Top Players Driving the Future of Smart Cities and Urban Innovation

Renewables Set to Surpass 37% of Global Power Capacity Within Three Years

BML Munjal University Honors Mothers with Heartfelt Self-Shot Film ‘She Taught Me First’

Vikram Solar Secures 326 MW Solar Project Order from GIPCL at Khavda

Elcogen and Casale SA Partner to Advance Green Ammonia and Clean Energy Solutions

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved