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Solar Glass Maker Sees Fossil Fuel Crunch Boosting Renewables

India’s Borosil to raise output on expectations for rising global demand, executive chairman says.

Solar Panels
Photographer: Jeremy Suyker/Bloomberg

Borosil Renewables Ltd., India’s top solar glass maker, is planning a more than five-fold jump in production on expectations that soaring global fuel prices will accelerate a shift to renewables. 

“The sense of urgency to install renewables is very high, and solar is perhaps the easiest and simplest,” Executive Chairman Pradeep Kheruka said Friday in an interview with Bloomberg Television.