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3 May 2011

SunBorne, Suntech target India under 100MW solar deal

Utility-scale solar solution provider SunBorne Energy and Suntech Power have entered into a 100MW solar framework agreement to jointly target projects in India.

3 May 2011

Renewable resources to usurp oil and gas, survey shows

Renewable resources will overtake oil, gas and coal as the world’s prevailing sources of energy, according to a new international energy survey focused on the offshore industry.

3 May 2011

Vestas grows China presence with 100MW turbine order

Wind turbine manufacturer Vestas has further underlined its appeal to the Chinese markets with a 100MW order win.

28 April 2011

ReneSola improves Q1 profit margin

China-based solar product manufacturer ReneSola generated $328.2m in the first quarter of 2011 with a strong gross profit margin of over 30 per cent.

28 April 2011

Mitsubishi, Genomatica partner on renewable fuel development

Mitsubishi Chemical has struck a partnership agreement with sustainable chemicals company Genomatica that will see them collaborate in multiple areas.

28 April 2011

CNEI invests $11m in China LED business

China-focused growth capital firm China New Enterprise Investment has paid $11m for a stake in LED lighting application company Nanjing Handson.

27 April 2011

Tata Power bolsters renewables footprint

India's largest energy utility Tata Power is reportedly set to add more than 150MW of wind-based energy to its portfolio, and raise its production of solar power ten-fold.

27 April 2011

Samsung to invest $7bn in green energy industrial park

South Korean conglomerate Samsung Group has reportedly revealed that it will invest $7.01bn in a green energy industrial park, after acquiring a series of wind farms in Canada in partnership with Pattern Energy.

26 April 2011

Matrix Partners tipped to invest $15m in Indian renewable energy

Early-stage investor Matrix Partners plans to invest R700m ($15.72m) in India-based renewable energy company Soham Renewable Energy.

26 April 2011

Chinese automaker Youngman to make low emission vehicles with Opcon parts

There is a new kid on the block in the global low emission automaker space emerging from China that may rival Sino-Japanese car maker Nissan, which recently released its all-electric Leaf.

26 April 2011

Siemens supplies power components for China’s hydro transmission projects

Siemens Energy is set to supply Guangzhou-based state power conglomerate China Southern Power Grid with components for two high-voltage transmission projects in southern China that will channel hydroelectricity to cities in the Guangdong region.

26 April 2011

Rockley Group expands China Fund, bolsters investment team

Rockley Group has bolstered its investment team following the expansion of its Beijing-headquartered and environment-focused Rockley China Fund to $200m.

21 April 2011

Gamesa secures €11m loan from IFC for India factory

Spanish wind turbine major Gamesa has secured an €11m loan to build a factory in India from the International Finance Corporation (IFC), the private finance arm of the World Bank.

20 April 2011

Taiwanese LED developer FZLED targets global markets

Taiwan-based LED energy efficient lighting developer FZLED, a division of thermal product manufacturer FZTech plans to enter global markets in the near future.

20 April 2011

Solar Frontier opens world’s largest thin-film solar factory

Solar Frontier has officially opened its gigawatt-scale Kunitomi factory, which now stands as the world’s largest CIS thin-film solar module production plant.

19 April 2011

Yingli Solar targets Japan via Super Tool contract

New York-listed solar company Yingli Green Energy has entered into an agent agreement and distribution contract with Japan-based hardware specialist Super Tool and YHS, a joint venture of Japanese rooftop solar company West Holdings.

19 April 2011

TPG takes $150m stake in Chinese solar company

US private equity firm TPG is to invest HKD1.2bn ($150m) into Hong Kong-listed solar wafer maker Comtec Solar Systems, betting on the role of solar power in the fast-developing country’s energy mix.

18 April 2011

Green Technology Solutions plans first rare earth export

Green Technology Solutions, which began talks to acquire joint venture partner Rare Earth Exporters of Mongolia last month, plans to ship its first export of rare earth ore to South Korea in June, the company said in a statement.

18 April 2011

Baring Private Equity looks to take Harbin Electric private

Emerging market-focused private equity firm Baring Private Equity Partners is backing the CEO of Chinese electric motor manufacturer and wind turbine developer Harbin Electric to take the $630m company private.

18 April 2011

Chevy has best-ever quarter as Volt prepares for Korea

Since the plug-in hybrid electric Chevrolet Volt was launched late last year, General Motors’ Chevrolet line has had its best-ever first quarter.

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