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Barriers to Solar Financing in India
By Vedant Rathi
The Indian solar industry has grown about a hundredfold in the past four years, from 36 MW in March, 2010 to 2,600 MW in March, 2014. The Modi government has set an ambitious target of reaching a 100 GW installed capacity by 2022. As a developing nation, India faces many financing and policy barriers to reach this target. This blog addresses potential solutions to solar financing in India.
What is the problem?Like any other nation, commercial banks (both in the public and private sector) constitute a major source for financing for infrastructure projects, including renewables in India. Compared to the US or Europe, banks in India have high interest rates. For example, State Bank of India (SBI) and other national banks provide debt at interest rates of about 11% to 13%. Compared to this, international development banks like KfW and US Export-Import Bank and multilateral banks…
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arjunmantri
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arjunmantri
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arjunmantri
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arjunmantri
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arjunmantri
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arjunmantri
gRPC – Some Thoughts
Google recently released gRPC, an Open Source framework for handling remote procedure calls. The announcement is timely due to several reasons, some of which include the rise of IoT (and the need for small/tight/less resource hungry protocols), the announcement of HTTP/2 standard and a current favorite topic among developers : microservices.
I am definitely excited at the announcement and did devote some time to looking around the project, sample apps, interface definitions and much more. It does interest and you can bet that I will be spending some time on it this year, no doubt about that.
The release of gRPC seems to have triggered a series of thoughts in my mind: technical and otherwise. Here they go (in no order of importance):
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