India to benefit from China solar reforms

first_imgIndia to benefit from China solar reforms FacebookTwitterLinkedInEmailPrint分享Bloomberg:India may be the biggest beneficiary of solar industry reforms in China that are poised to reduce prices for photovoltaic panels.China announced last week it was halting approvals of some new solar projects this year and cutting subsidies to developers to ease its pace of expansion. That’s expected to slow demand in the world’s biggest market, weakening prices, and force the country’s manufacturers to ship more panels overseas.Tariffs in India’s next solar auction scheduled for mid-June may fall below the 2.44 rupees per kilowatt hour record set May 17 last year, said Sanjay Sharma, general manager at Solar Energy Corp. of India, the agency responsible for implementing India’s renewable targets.“India will be a big beneficiary of a fall in module prices,” said Vinay Rustagi, managing director at solar research firm Bridge to India. “If China’s demand weakens as expected, module prices should come down dramatically in the second half of the year and into the next.”India is seeking to boost its clean energy generation as Prime Minister Narendra Modi has pledged to double India’s renewable power capacity to 175 gigawatts by 2022, a target second only to China, as part of his plan to spearhead global efforts to combat climate change.India’s maximum annual solar-cell manufacturing capacity is about 3 gigawatts while average yearly demand is 20 gigawatts, meaning the remainder needs to be procured on the international market, according to a December statement from India’s Ministry of New & Renewable Energy.More: India sees record low solar prices returning on China reformslast_img read more

4 generations of US family die in plane crash

first_imgAn investigator checks the wreckage of a plane on Monday. The South Dakota plane crash on Saturday has killed nine members of a prominent United States business family. NATIONAL TRANSPORTATION SAFETY BOARD WASHINGTON – Federal investigators havereached the site of a South Dakota plane crash that killed nine members of aprominent United States business family on Saturday. Officials confirmed three other familymembers survived the crash. Their plane crashed shortly aftertake-off around 12:30 (18:30 GMT) local time from Chamberlain – which was undera winter storm warning at the time. Investigators have not yet establishedthe cause of the crash.(BBC)center_img Among the victims were Jim Hansen Sr.and his two sons Kirk and Jim Jr. Two of Kirk Hansen’s sons also died inthe accident, along with two of his son-in-laws. The other victims were JimJr.’s son and a grandson. Spanning four generations, they hadbeen travelling back home to Idaho after an annual pheasant-hunting trip.last_img read more

Former ’SC football receiver Keyshawn Johnson arrested

first_imgFormer USC and NFL wide receiver Keyshawn Johnson was arrested in Calabasas, Calif. on Monday on suspicion of domestic abuse, according to a statement from the Los Angeles County Sheriff’s Department.Officers responded to reports of possible spousal abuse shortly before 1 a.m. Monday morning and determined that Johnson was involved in a “domestic dispute” with his former girlfriend. Johnson was subsequently arrested for misdemeanor domestic battery. He posted $20,000 in bail and was released later that morning.A Los Angeles native, Johnson played under USC coach John Robinson in 1994 and 1995, helping lead the Trojans to victory in the 1995 Cotton Bowl and 1996 Rose Bowl. He was the first draft pick in 1996 for the New York Jets, and during his career in the NFL played for the Tampa Bay Buccaneers and Dallas Cowboys before announcing his retirement in 2007.He frequently appears on ESPN as an analyst.Johnson tweeted a statement Monday evening saying, “I would like to apologize to my family, friends, fans, colleagues, and, of course, to Jennifer for what happened last night at my home in Calabasas. Though the true facts will come out as part of the legal process, I can say now, without hesitation, that I did not hit, grab or strike Jennifer, nor would I ever touch her or any woman in anger. I am cooperating with the authorities and will continue to do so to ensure that this personal matter is fairly and expediently resolved.”Students on campus weighed in on the news of the former player’s arrest.“I was surprised to hear he was arrested for domestic abuse,” said Jesse Brummel, a junior majoring in communication. “He stated that he didn’t lay his hands on her, and I believe him. I’m interested to see more facts, though.”Trevor Williams, a junior majoring in business administration, noted that Johnson spoke in one of his classes, and he seemed very     “put-together.”“It was surprising,” said Trevor Williams, a junior majoring in business administration. “[Johnson] came into my sports business class last semester, and he seemed like a very                           put-together guy, a very smart man obviously. This doesn’t seem like something he would do based on my limited observation of him, but it is disturbing and I hope the allegations aren’t true.”last_img read more