Tag Archives: infrastructure

business, environment, housing, renewable energy, technology

Renewable energy firm to develop 2,000-acre solar project near Phoenix, powering 70,000 homes

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A renewable energy company plans to develop more than 2,000 acres near Phoenix for a utility-scale solar energy project aimed at generating power for around 70,000 Arizona homes.

A subsidiary of California-based Avantus Clean Energy expects to begin construction in the fall of 2026 on its Pinyon Solar Project. The development will feature the latest solar technology alongside battery storage facilities to help ensure a reliable energy supply.

The project site is strategically located south of State Route 238, west of State Route 347, and north of Interstate 8. Avantus anticipates that construction will take approximately 18 months, with completion targeted for early 2028.

“We selected this location to minimize impacts both on the surrounding environment and local communities,” said Colin Mann, director of permitting, in a statement shared with Phoenix Business Journal.

An important factor in choosing the site is its proximity to the nearby Pinal West Substation. This allows the project to connect to Arizona’s electrical grid without the need for extensive infrastructure buildout, reducing costs and potential disruptions.

The Pinyon Solar Project represents a significant step forward in expanding renewable energy capacity in Arizona, supporting the state’s clean energy goals while delivering sustainable power to thousands of homes.
https://ktar.com/arizona-business/pinyon-solar-project/5757507/

general

A CivicSpace Conversation on Rural-Urban Powerbuilding

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CivicSpace, a New America Chicago initiative, presents a virtual roundtable focused on finding common ground and powerbuilding across rural and urban spaces. This discussion will explore how rural and urban communities can better understand one another and work together to address shared civic challenges.

The roundtable will feature a moderated dialogue followed by an opportunity for questions from the audience.

While rural and urban communities are often viewed as culturally and politically opposed, many face parallel struggles such as underinvestment in public infrastructure, unequal access to public services, weakened democratic institutions, and exclusion from policy processes. Yet, there are few spaces where rural and urban leaders can come together to explore common ground, exchange experiences, and uncover shared priorities.

**Speakers:**
– Daniel Ash, Executive Director of the Field Foundation
– Loka Ashwood, Sociologist and MacArthur Fellow
– Catherine Coleman Flowers, Founder of the Center for Rural Enterprise and Environmental Justice (CREEJ) and MacArthur Fellow

Join us for an insightful conversation aimed at bridging divides and fostering collaboration between rural and urban communities.
https://www.newamerica.org/chicago/events/a-civicspace-conversation-on-rural-urban-powerbuilding/

demographics, economy, finance, india, investment

10% households invest in markets: Survey

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**Less than 10% of Indian Households Invest in Securities Market, Sebi Survey Reveals**

*MUMBAI:* According to a recent survey conducted by the Securities and Exchange Board of India (Sebi), less than one out of every ten households in India—only 9.5%—invest in securities market-related financial products such as stocks and mutual funds.

This low investment penetration persists despite the fact that 63% of the country’s total 33.7 crore households are aware of at least one such product.

**State-wise Investment Penetration**

The survey highlights significant variation across states. Delhi leads with nearly 21% of households investing in securities market products, followed by Maharashtra at 17%. On the other end of the spectrum, Uttarakhand records the lowest penetration with just 4.5% of stock-related investing households.

**Mutual Funds vs. Stocks**

At the all-India level, mutual funds have a higher penetration rate compared to stocks. About 6.7% of households invest in mutual funds, while 5.3% hold stocks. Other financial products such as Futures & Options (F&O), REITs/InvITs, and corporate bonds have less than 1% penetration among households.

**Risk Preferences**

The survey also sheds light on investors’ risk appetite. Nearly 80% of households prefer capital preservation over higher returns. This cautious approach extends to younger generations as well, with 79% of Gen-Z households displaying risk-averse behavior.

**About the Survey**

This nationwide survey was commissioned by Sebi in collaboration with the Association of Mutual Funds in India (Amfi), Bombay Stock Exchange (BSE), National Stock Exchange (NSE), and other market infrastructure institutions.

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https://timesofindia.indiatimes.com/business/india-business/10-households-invest-in-markets-survey/articleshow/124280549.cms