India’s electricity system faces a critical juncture as soaring summer demand outstrips generation flexibility. While renewables meet daytime needs, evening peaks highlight a significant storage gap. Experts warn of potential shortages if storage capacity doesn’t scale rapidly to balance the grid and capture emerging profit opportunities.
Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike bets
U.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only 29,000, significantly below economists’ forecasts of