Re: Vascania
Posted: Sun Mar 31, 2024 4:01 pm
Gaekwad Solar set to receive Vascanian government support
3 July 5462
Khond-based firm Gaekwad Solar is set to become the first producer of solar technology to receive financial support from the Vascanian government. Headquartered in Vatapor, the firm has emerged as the largest producer of renewable technology in the country over the past decade. For many years, the Vascanian economy has been centred around the oil and gas industry. The decision to offer financial support to the solar energy industry marks a notable shift in the government’s priorities.
Since its foundation over 35 years ago, Gaekwad Solar has focused on designing and producing solar panels for the domestic Vascanian market. The government’s financial support aims to allow the firm to expand into the international market, as well as fund research and development into new solar technology. Renewable energy is not widespread throughout most of Dovani and the firm have identified this as a major opportunity for growth.
Earlier today, Senapati Yasvanth Bhanushan delivered a speech at a Gaekwad Solar plant. In the speech, he emphasised the opportunities presented by the renewable energy industry and dismissed suggestions that it represented a threat to the nation’s oil and gas industry. As well as boosting the manufacturing secto, the firm’s growth has created well-paid jobs in the state.
Bhanushan’s policy on renewable energy has been a subject of discussion for some time. The senapati’s proximity to the oil and gas industry led to an assumption that he would not embrace solar technology. As part of a broader plan to reorient the national economy though, the support for Gaekwad Solar marks the beginning of a different approach. According to reports, the new policy has been championed by the senapati’s eldest son Dharakeshvar.
The Kayal Journal is a newspaper based in Kayal Island focusing on business, culture and technology news