Copper, often considered as a barometer of global economic health, is expected to see a significant rise in demand in the coming years due to its utility in renewable energy technologies, electric vehicles, and infrastructure projects tied to green initiatives. The demand for copper copper’s conductivity and durability make it indispensable for electrical systems, wind … Read more
“On the flows side, mutual funds have been consistently net positive, with over Rs. 40,000 crores monthly, providing strong support to the market’s upward momentum,” says Ramkumar K, Chief Investment Officer, Reliance General Insurance. In an interview with ETMarkets, Ramkumar said: “With global headwinds, these markets could face growth challenges, whereas India has consistently posted … Read more
Ravi Dharamshi, CIO, ValueQuest Investment Advisors, says the investor should be spread across a few themes. But at this juncture, Dharamshi has the highest conviction level in the energy transition theme. But energy transition is a very broad theme and they are yet to identify a sector or a subsector that will be the beneficiary … Read more
The U.S. produced more oil in 2023 than has ever been produced in any year by any country, according to the U.S. Energy Information Administration. Big Oil has become more productive as horizontal drilling and hydraulic fracturing, which is also known as fracking, have seen technological breakthroughs. U.S. oil production hit a low of 5 … Read more
ET Intelligence Group: Premier Energies, a manufacturer of solar cells and modules, aims to raise ₹2,830 crore through an initial public offering (IPO) that is set to open on August 27. Of this, ₹1,291 crore will be generated from a fresh issue of shares, which will be used for capacity expansion. The remaining will come … Read more
A contractor carries a SunRun solar panel on the roof of a home in San Jose, California, U.S., on Monday, Feb. 7, 2022. David Paul Morris | Bloomberg | Getty Images Sunrun stock jumped nearly 14% on Wednesday as the rooftop solar installer sees an opportunity to snag market share after competitor SunPower filed for … Read more
Workers install solar panels during a SunPower installation on a home in Napa, California, on July 17, 2023. David Paul Morris | Bloomberg | Getty Images The rooftop solar installer SunPower has filed for bankruptcy, after struggling for months in the face of high interest rates and allegations of misconduct in its reporting practices. SunPower … Read more
In its pre-budget recommendation, EEPC India has suggested restoring the interest subvention to 3% for the specified 410 tariff lines besides raising the subvention rate to 5% for MSME manufacturers exporting under any tariff line. “Considering the rise in the repo rate from 4.4% to 6.5%, we have requested to restore the interest subvention rate … Read more
Wind turbines in Dawson, Texas, on Feb. 28, 2023. Mark Felix | Afp | Getty Images As carbon emissions from fossil fuels keep warming the planet, eco-conscious consumers may wonder if there’s a way to buy electricity from renewable sources without installing technology like solar panels or windmills on their property. In short, the answer … Read more
The Huaneng Huaiyin power station in Huaian, China, on Nov. 12, 2023. Nurphoto | Nurphoto | Getty Images China and India have not reduced coal generation for electricity, according to a new study, making it harder for Asia’s largest carbon emitters to reach their climate targets. While both Asian countries have ambitious plans to cut … Read more
