By RUPA SUBRAMANYA for ForeignPolicy.com: Is India ripe for a renewable energy revolution? Foreign investors certainly seem to think so, and renewables have been a signature issue for Prime Minister Narendra Modi. But if revolution is indeed underway, it isn’t a spontaneous one. And taxpayer money — not just from India — is fueling the surge.
New Delhi’s renewable energy aspirations recently received a major boost when Japan’s SoftBank announced a joint venture with Indian conglomerate Bharti Enterprises and Taiwan’s Foxconn Technology Group to create a new, Japanese-owned company that will bid on power contracts in India’s growing solar sector. Renewable energy, including solar, is a priority for Modi and has been since before he became the country’s leader last year. “The time has arrived for a saffron revolution, and the color of energy is saffron,” he saidon the campaign trail in 2014, attempting to symbolically link the sacred color of Hindus and his Bharatiya Janata Party with his energy dream. This joint venture is the first major announcement by a foreign investor that could help make that dream a reality. Cont'd...
Talking Frontier Observatory for Research in Geothermal Energy (FORGE) with Rachel Dahl and James Faulds
Hawaii lawmakers voted 74-2 this week to pass the nation's first 100% renewable energy requirement. The measure, House Bill 623, makes Hawaii a global leader in renewable energy policy by requiring that 100% of the islands' electricity must be generated from renewable energy resources--such as wind, solar, and geothermal-no later than 2045.
"Hawaii lawmakers made history passing this legislation--not only for the islands, but for the planet," said Jeff Mikulina, Executive Director of the Blue Planet Foundation.
The measure, if enacted by Governor David Ige, would make Hawaii the first state in the nation with such a 100% renewable energy standard. Blue Planet Foundation, whose mission is to clear the path for 100% renewable energy, praised the move.
"Passage of this measure is a historic step towards a fossil fuel free Hawaii," said Mikulina. "This visionary policy is a promise to future generations that their lives will be powered not by climate-changing fossil fuel, but by clean, local, and sustainable sources of energy."
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