Indian Prime Minister Narendra Modi's unabashed ambition to transform the country's energy sector into a world-leader for renewables looks to have won over a series of the industry's typically more curmudgeonly opponents - big oil and the fossil fuel industry. Many of the country's biggest names in fossil fuels have each initiated bold clean energy programs and projects in recent months, as the financial, corporate and ecological benefits of solar PV in particular become more widely known, accepted and embraced. Indian Oil Corp. is to collaborate with Oil India Ltd to build a 1 GW solar plant in the state of Madhya Pradesh, state regulators have revealed, joining big power producers such as Tata Power Co. and NTPC Ltd in the pursuit of PV progress. Oil & Natural Gas Corp, the biggest oil exploration firm in the country, is also seeking out solar opportunities, according to Bloomberg. "We already have some wind capacities, ...Den vollständigen Artikel lesen ...