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Sunday, 19 February 2012
The idea of sustainability is becoming more and more important in China’s five-year plans for economic growth, real estate investment manager Jones Lang LaSalle says in its new report. The firm’s latest Global Sustainability Perspective report discusses how China views sustainability as not just an environmental necessity, Jones Lang LaSalle, China, China Five-Year Plan 2011, Sustainability, Economic growth, Global Sustainability Perspective but one of the most viable paths to business growth.
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Thursday, 16 February 2012
Chinese solar company Trina Solar Limited got a $100 million dollar loan from Standard Chartered Bank, to be used for spreading out cell and module production capacity in their Changzhou facility to 500 megawatts. The loan was secured through the company’s subsidiary Trina Solar (Changzhou) Science & Technology Co. Ltd. Trina’s facilities in Changzhou, the Trina Solar PV Park, is where it conducts all research and development into making ingots, wafers, cells and modules.
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Sunday, 12 February 2012
A strong order book was not enough to keep Suzlon Energy’s consolidated sales from declining in the third quarter, necessitating a change in the wind turbine giant’s guidance for the company’s current fiscal year 2011-2012. Suzlon’s third quarter revenues were at 49.85 billion rupees ($1 billion). Although this represented a 12 percent year-on-year growth, lower third quarter volumes had an effect.
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Thursday, 09 February 2012
A number of European companies which bought carbon credits from Chinese projects under the United Nations Clean Development Mechanism are turning back on previous commitments, according to a report from China Daily. Quoting company sources and project developers, the paper reported that some companies in the European Union, following the plummeting of carbon credit values, are refusing to pay pre-agreed prices, renegotiating agreements, and in some cases terminating contracts for carbon
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Monday, 06 February 2012
Illinois-based Insurance Auto Auctions, Inc., a company in the business of auctioning off salvage vehicles, signed a deal with Chen Jia, Inc. in China where it could begin sending over vehicles for recycling following more lenient government rules. Through the deal, Insurance Auto will supply vehicles for to Chen Jia for the latter’s recycling operations.
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Sunday, 29 January 2012
Canada-based Ballard Power Systems will be delivering within this year and the next 12 fuel cell stacks to Tata Motors to power the latter’s zero-emission buses to be demonstrated in various cities in India.
"Working with technology companies such as Ballard only strengthens our ability to design and market the wheels of a greener world here in India,” said Tata Motors’ managing director P.M. Telang.
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Wednesday, 25 January 2012
The White House is bent on launching a new investigative unit dedicated to looking into suspected unfair trade practices of other countries, singling out China. President Barack Obama, in his third State of the Union address delivered Tuesday night, said he is establishing a new Trade Enforcement Unit which will be tasked to investigate countries that unfairly subsidize exports and ship pirated goods to the U.S.
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Monday, 23 January 2012
Yingli Green Energy Holding Company Limited is the first solar photovoltaic panel company to have the carbon footprint of its solar panels measured via a lifecycle assessment conducted by TUV Rheinland Group. This makes it the first company in the global PV sector to obtain product carbon footprint verification from the German-based accreditation body.
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Monday, 23 January 2012
Malaysian investors took the lead in a recently concluded $55 million investment round for startup LanzaTech, another company which produces ethanol at least partly from fossil fuel-derived products.
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Thursday, 19 January 2012
A California-based EV specialist and a Chinese company topped Pike Research’s latest ranking of the 12 leading manufacturers of electric motorcycles and scooters in the world.
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Tuesday, 17 January 2012
A 25-megawatt photovoltaic project in Gujarat, India has been completed and successfully connected to the grid. Electricity generated by the project, developed and managed by Visual Percept Solar Projects Private Limited, will be sold to state utility Gujarat Urja Vikas Nigam Limited under a 25-year power purchase agreement. The project backed by the State Bank of India is said to be one of the largest multicrystalline solar power plants in South East Asia.
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Tuesday, 17 January 2012
Indian wind turbine maker Suzlon will be developing around 3,000 megawatts’ worth of wind power projects in the Indian state of Andhra Pradesh (where a 1-megawatt solar project recently went online) from 2012 and 2016.
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Monday, 16 January 2012
Colorado-based thin-film solar company Abound Solar and India’s Solar Integration Systems India Private Limited (Solarsis) commissioned a 1-megawatt solar photovoltaic plant in Andhra Pradesh. The project is under the rooftop solar power scheme of the Jawaharlal Nehru National Solar Mission.
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Monday, 16 January 2012
California-based Quantum Fuel Systems Technologies Worldwide, Inc. is developing a hydrogen-powered minibus with Indian car maker Mahindra & Mahindra Ltd. Quantum, one of the makers of the Fisker Karma, will modify Mahindra’s 2.5-liter engine to run on hydrogen and install enhanced electronic control software in the vehicle.
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Sunday, 15 January 2012
Japanese electronics giant Toshiba Corporation, Taisei Corporation and Sojitz Corporation were tasked by Japan’s Ministry of the Environment to conduct feasibility studies on solar power development in areas hit by last year’s earthquake and tsunami.
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Sunday, 15 January 2012
Spanish company Gamesa is expanding into the Indian wind energy market. Citing numbers from the Indian Wind Turbine Manufacturers Association, the company said it now has 10 percent of the Indian market share, making it the country’s third top wind energy manufacturing company.
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Tuesday, 10 January 2012
Korean energy and petrochemical company SK Innovation is cooperating with German automotive industry supplier Continental Corporation in a joint venture that will develop and produce lithium-ion batteries for electric vehicles.
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Monday, 09 January 2012
Kia Motors will put on show two of its all-electric cars – a concept car and a mass-production one – for the first time in North America at this year’s International Consumer Electronics Show in Las Vegas today.
Just launched last month, the Kia Ray EV can run up to 86 miles on a single charge from its 16.4-kilowatt-hour lithium-ion polymer battery pack. Its batteries take six hours to charge using a 220-volt outlet, and 25 minutes through fast-charge mode.
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Monday, 09 January 2012
Shanghai-based China Energy Recovery, which designs, fabricates and installs waste heat recovery systems, signed two loan agreements worth around $2.2 million. In a statement, the company said its subsidiary CER Energy Recovery (Shanghai) Company borrowed around $1.1 million from the Industrial and Commercial Bank of China and $789,639 from Shanghai Pudong Zhanjiang Micro-credit Company, the latter coming in two installments.
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Sunday, 08 January 2012
Virtualization and cloud computing company China Intelligence Information System, Inc. signed $1 million worth in contracts with the State Grid Corporation of China for the latter to increase the flexibility of its hardware while simplifying backup processes.
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