About 50% Gen Z prefer solar solutions: Survey

06 Sep 2024 CW Team

A recent survey aimed at assessing awareness of clean energy sources indicated that around 50% of Gen Z respondents favour solar solutions, with Millennials following at 46%. The survey involved 4,318 participants from four age groups across five metropolitan cities "Bangalore, Delhi, Hyderabad, Kolkata, and Mumbai" and eight non-metropolitan areas, including Ahmedabad, Chandigarh, Gurugram, Guwahati, Jaipur, Kochi, Lucknow, and Patna, conducted between February and March 2024.

Gen Z was defined as individuals aged 18-22, Millennials as those aged 23-38, Gen X as 39-54, and Baby Boomers as 55-76. According to Luminous Power Technologies' MD and CEO, Preeti Bajaj, the shift in consumer needs and demand trends offers a clear understanding of evolving perceptions, challenges, and opportunities in solar energy adoption in India.

The study highlighted growing awareness of alternatives to traditional energy sources among Indians, with 97% of respondents not yet having installed a solar rooftop system in their homes. Regarding accessibility, the survey revealed that 28% of Baby Boomers found solar energy solutions to be inaccessible, while Millennials encountered the least difficulty, with only 21% expressing concerns. Gen X and Gen Z were close behind, with 23% and 25%, respectively, noting challenges with accessibility. Additionally, the majority agreed that the lack of specialised skills and skilled labour is a significant obstacle to the widespread adoption of solar energy solutions.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..