Can renewable energy help close the energy gap in India’s hot summer? | Business and Economics News

New Delhi, India – As temperatures soar above 40 degrees Celsius in the village of Hasanganj in the northern Indian state of Uttar Pradesh, a nearly 14-hour power outage in the area means bananas sold by Ramesh, a one-name fruit seller, rot faster than normal with no fans to keep it cool. With sales plummeting, … Read more

Oil prices under pressure as China considers Russian crude

China added some downward pressure on oil prices this week when it clearly indicated its intention to buy more discounted Russian oil. Between China and India, Russia is racing to focus on Asia as the European Union tries to get rid of its oil. Oil Price Alert: This week Global Energy Alert It highlights two … Read more