Tesla Plans To Manufacture A $24,000 Car In India
Shortly after Tesla CEO Elon Musk met with India Prime Minister Narendra Modi, news is out that it plans a new factory in India.
Shortly after Tesla CEO Elon Musk met with India Prime Minister Narendra Modi, news is out that it plans a new factory in India.
As Tesla continues to expand its network of production facilities, many countries have sought to offer the automaker its next manufacturing home. Over the past few years, Tesla CEO Elon Musk has had several discussions with the government of India about a potential investment, and a recent meeting stoked encouragement … [continued]
India is getting to work on what will be the largest renewable energy project in the world. Prime Minister Narendra Modi laid the foundation this week — physically — for the 30 gigawatt (GW) wind and solar power project being built in his home state of Gujarat, India.
Elon Musk has been talking about bringing Tesla to India for some time. In 2015, Prime Minister Narendra Modi took a tour of Tesla’s Fremont factory, and it was reported that the two discussed the possibility of someday opening an Indian Gigafactory. However, we’ve heard nothing about any such plans since.
Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country.
Indian Prime Minister Narendra Modi has formally inaugurated the country’s ultra mega Rewa solar park, a 750 megawatt capacity plant situated in the state of Madhya Pradesh, on the 10th of July 2020. The Prime Minster inaugurated the solar park via video conferencing and dedicated the plant to the nation.
Last year, when I presented* at a big institutional investment conference in India, there was a lot of talk about solar, but little about electric vehicles. Of course, a large portion of my presentation was about Tesla and electric cars. The presentation* from Indian Minister of Coal, Power, and New & Renewable Energy, Piyush Goyal, highlighted the highly competitive cost of solar power but didn’t really touch electric vehicles.
Modi’s internationally visible pledge would put India three years ahead of schedule to achieve its “Intended Nationally Determined Contribution” to the Paris climate agreement. Instead of shifting to 40 percent renewables by 2030, India now expects to surpass this goal by 2027.
Aside from two other Indian ministers, SunEdison’s President of Asia Pacific & Sub-Saharan, and me, India’s Minister of Coal, Power, and New & Renewable Energy, Piyush Goyal, was another one of the key presenters at the Edelweiss institutional investment conference in Mumbai, India, earlier this year. In the video below, he first gives a 20-minute political speech on lofty … [continued]
Indian Prime Minister Narendra Modi visited Washington this week to meet with President Barack Obama and address the US Congress. Representing 2 of the world’s top 4 greenhouse-gas-emitting nations, they discussed important issues for the international community, including development, energy access, international finance, and climate change. “Climate and energy is an area … [continued]