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MODI TO USE SOLAR TO BRING POWER TO EVERY INDIAN HOME BY 2019

from Silver Doctors:

We’ve been discussing the implications Modi being elected in India would have on the price of gold for nearly 9 months at SD- but it appears that gold won’t be the only precious metal majorly affected by Modi’s policies.

Bloomberg is reporting that Modi has announced plans for a massive solar power initiative to bring power to every Indian home by 2019.
Considering the fact that nearly 1/2 billion people in India currently are without access to electricity, the Modi plan would bring monumental new demand to the solar panel industry- as well as to one of the solar panel’s main components…..SILVER.

India’s new government led by Narendra Modi plans to harness solar power to enable every home to run at least one light bulb by 2019, a party official said. “We look upon solar as having the potential to completely transform the way we look at the energy space,” said Narendra Taneja, convener of the energy division at Modi’s Bharatiya Janata Party, which swept to power on May 16 in the biggest electoral win in three decades. About 400 million people in India lack access to electricity, more than the combined population of the U.S. and Canada.

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3 comments to MODI TO USE SOLAR TO BRING POWER TO EVERY INDIAN HOME BY 2019

  • jonathan

    But Solar doesn’t work. I know this for a fact. Oil Companies told me so.

  • Hannon

    Sounds like a boondoggle in the making, my guess is they are going to bankrupt their country while trying to energize it, which by all rights, energizing a nation should make it wealthier. Maybe that’s the plan, who knows. It would be much cheaper and easier to distribute these for now: http://deciwatt.org/ , as an emergency measure, then get rid of their cast system and allow a free market do the heavy lifting.

    • Jeff

      Thanks for the link Hannon. Very interesting invention and it’s nice to see human kind continues to invent and advance despite the elite’s best effort to keep us down. Very uplifting.

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