Category: Explainers
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All about Green Fixed Deposit schemes: Here’s how you can play a role in funding green projects
We may have fallen a bit short of the 175GW target for installed renewable energy capacity by 2022, but we have made substantial progress in facilitating green projects throughout the last few years. These projects require substantial investments and the banks are slowly foraying into offering green deposit products to its customers to strengthen the…
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Significance of achieving the 10% Ethanol Blending in Petrol target: Is it worth all the hype?
Our Prime Minister, Mr. Narendra Modi, recently made a statement that India has reached the 10% ethanol blending target for India well before schedule. He has also mentioned that we have been able to reduce carbon emissions by 27 lakh tonnes and Rs. 41,000 crores of forex reserve by doing so. Now before jumping on…
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Understanding the Onshore and Offshore Wind Energy Potential in India
Before we begin to understand the state of affairs of wind energy generation in India, let’s quickly understand how energy is produced by using wind. Simply put, the kinetic energy of wind in motion is transformed into electrical energy by wind turbines. When wind strikes the blades of the turbine, it causes the turbines to…
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An Explainer on Plug-in Hybrid Electric Vehicles: Are they better than conventional Hybrid Vehicles?
EVs are on the rise in India and the industry witnessed a whopping three-fold rise in sales in FY22 over the previous year. If we step out now, cars with green number plates have become a common sight and this explains much of the growth in the sales. But, did you know that even among…
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An explainer on Green Hydrogen: Will it become the “fuel of the future”?
If you have been following the news lately, you must have come across the visuals of the Union Transport Minister Nitin Gadkari going to the parliament on a Toyota Mirai, a hydrogen-powered car in late March. We have heard of electric cars but the concept of hydrogen-powered cars was new to everyone’s ears and it…