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India mulls solar tender with a focus on factories

Bloomberg India is considering a new tender to develop solar power equipment manufacturing that doesn’t include a requirement to also generate electricity, a move aimed at sparking investor interest, according to people with knowledge of the plan. In addition to separating manufacturing of solar cells and modules from generation, the government may also offer some form of financial aid. There ...

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Green New Deal could help utilities

Bloomberg An industry that didn’t exactly champion the rise of renewables may be a surprising beneficiary of Alexandria Ocasio-Cortez’s Green New Deal: utilities. The plan pressed by the freshman congresswoman from the Bronx aims to rid America’s power grids of carbon emissions. That could help speed up existing trends in the sector, including coal retirements and the increasing deployment of ...

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India’s Bharti Airtel falters in war with Reliance Jio

Bloomberg In a war for the control of India’s billion-plus mobile-services market, tycoon Sunil Mittal seems to be floundering in the face of a juggernaut unleashed by Mukesh Ambani. For at least a fourth quarter in a row, Mittal’s Bharti Airtel Ltd shored up its profits with one-time gains, masking headwinds posed by upstart Reliance Jio Infocomm Ltd. Jio’s roll-out, ...

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