Tesla’s acquisition of SolarCity in 2016 was a major milestone in the company’s efforts to become a one-stop shop for sustainable energy. It was a major boost for solar energy adoption in the United States. The acquisition allowed Tesla to integrate its solar panel and battery storage products with its electric vehicles, creating a more seamless and affordable experience for customers. The acquisition also helped … Continue reading How did Tesla’s acquisition of Solar City impact its solar energy adoption?

In the sustainable energy sector, Tesla is a leading player with a focus on electric vehicles and energy storage. The company’s mission is to accelerate the world’s transition to sustainable energy. The most popular and efficient on the market is Tesla’s electric vehicles. The company produces a variety of energy storage products including the Powerwall and Powerpack used for storing energy from solar panels and … Continue reading What are Tesla’s goals in sustainable transportation and renewable energy?

Let’s look at the investments in the renewable energy sector, In 2021, the renewable energy sector was booming, with global investment reaching a record $366 billion. The reasons for this boom were factors such as declining costs, increasing government support, and growing concerns about climate change. The current trends in the renewable energy sector are as follows: These expected trends are likely to continue in … Continue reading What are some examples of companies that have received significant investments in the renewable energy sector?

Clean technology, known as cleantech, attracted significant investments due to its potential to address environmental challenges and promote sustainability. As per IEA, global investment in clean energy is set to rise to USD 1.7 trillion in 2023. Solar set eclipsing the oil production for the first time. According to IEA’s latest World Energy Investment report, “ About USD 2.8 trillion is set to be invested … Continue reading Which clean technology developments attracted significant investments?

According to a Deloitte survey of more than 2,000 CxOs across 24 countries, 75% of the organizations increased their sustainability investments over the past years. The survey also revealed that climate change is a top priority for CxOs and is ahead of other issues such as innovation, talent, and supply chain. The survey also identified some of the challenges and gaps in measuring and disclosing … Continue reading What are some examples of sustainability-focused investments in the Deloitte survey?

In recent years, significant attention has been given to green technology due to the growing concerns related to climate change and environmental sustainability. The companies also focus on developing innovative products and services to reduce carbon footprints, promote renewable energy sources, and minimize waste. Can green technology startups be our solutions? Electric vehicle charging infrastructure, solar panel installation, and recycled material manufacturing are some of … Continue reading Are green technology startups profitable or a myth?

Microfinance can yield both favorable and unfavorable outcomes concerning economic inequality in India. On a positive note, it can contribute to narrowing the income disparity between affluent and impoverished segments of society by furnishing financial prospects and empowerment, particularly to low-income households, emphasizing women. Conversely, depending on factors such as accessibility, utilization, and repayment of microfinance services, it can also accentuate income disparities, whether between … Continue reading Can microfinance lead to controversial economic inequality in India?