India Goes The Solar Way

solar

India is all set to the world’s third biggest solar market by the year 2017. India has recently unveiled its largest solar plant that can produce energy up to 648 MW. Span over an area of 10 sq.km, this facility is the largest power plant at a single location. This plant has been built over a period of eight months and is funded by Adani Group. It is cleaned everyday using a robotic system in place and the robots can charge their own solar panels.

The energy produced using this plant can light up 150,000 homes. The project has 2.5 energy-bulbmillion solar modules that are built at a cost of $679m. This new plant has pushed India to cross the 10 GW mark in producin
g energy. There are only few countries that can declare this. With this new project, India is third to become the world’s biggest solar market in 2017 behind China and US.

Even though it is growing fast, India has to increase the number of solar panels for reaching the ambitious targets that the government has set for itself. By 2022, India plans to light up 60 million homes using solar energy. 40 percent of energy production should come from fossil fuels says Indian government.

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The Impact Of CEO Ratings & What Does It Mean For Business?

ceo

Many CEOs in the world prefer to work for a short term. Growth, shareholder’s involvement and political conditions re some of the reasons why they like keeping it short. However, some CEOs manage to keep their focus on the long term and give strong performances. There are many toppers in this year’s round-up of the CEOs across the globe.

One must remember that this is not a great time to be CEO. Many countries are suffering economically and it is not the correct time to come up with any long-term plans as the situation is changing continuously. appointment-005-300Particularly in United States, shareholder activities has become more powerful and has come under lot of criticism of business leaders. In the year 2015 alone, more than 17% of the CEO’s have left their positions.

It is disheartening to see how a group of business leaders having very strong track records falter at implementing long-term plans. Best CEOs across the globe have been in the job for more than 17 years and they have contributed to return on their stock.

Ever since HBR launched the ranking system for CEOs in the year 2010, it had judged the leaders on basis of their performance and they have been evaluated for over years to know their track record. The ratings change every year and no one can confirm that the ranking will remain the same.

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Self-Driving Cars: Not Just A Dream Anymore

cars

Self-driving vehicles are already revolutionizing the automobile industry. Not just automated cars, they could change everything about other industries that rely on them such as taxis, trucks and limousines. By taking human beings off the driving wheel, these cars can also save the lives of many people.

Apart from all these factors, they are also going to reduce the environmental impact that cars create today. Whether the impact will help the environment or ruin it further depends on the technological factors involved. Automated vehicles can reduce the use of fuel up to 90% or increase it by 200%. The difference between these two is huge. Hence, unless these cars are on the road fill-fledged, it will be impossible to make a decision on what kind of impact they will have on the environment.

A team of researches the Department of Energy is looking into minimizing the impact self-driving cars have on the environment. selfThe DOE does not have the power to set specific rules for these cars. However, they are working on it so that the decisions help auto-manufacturers to make cars that environment will love.

The biggest disadvantage that the driverless cars can have is that it can increase the average miles that are travelled. It will make travelling easy and will encourage people to be on the road more. Since there is no stress to be behind the wheel all the time, it will be very easy for car owners to take their car to faraway places as well.

In crowded cities where finding a place to park is very difficult, car owners can easily send the car to drive around and the hop on after the shopping is over. Automated cars are much safer than human-driven vehicles. The reaction time of computers is way more than human-beings.

Some other benefits include cars can choose the most fuel saving route and rules can allow people to get benefits if they are sharing rides.

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