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29 July 2010

Solar module supplier Kyocera’s sales jump 39 per cent, boosts profits by $525m

Profitable Tokyo-based solar supplier Kyocera saw an increased demand for components in the first quarter of 2010 that led to a 38.9 per cent increase in consolidated net sales to over $3.55bn, compared with $2.59bn the previous quarter.

29 July 2010

Indian solar developer Azure Power to operate first plant under solar mission

Renewable energy project developer Azure Power has become the first company to have a photovoltaic plant operate under India’s National Solar Mission.

28 July 2010

Solar module maker Sulfurcell expands Asia presence

CIS thin-film solar module manufacturer Sulfurcell will supply 16MW of panels to customers in China and India as it expands its Asian footprint.

28 July 2010

Solar wafer maker Danen IPOs on Taiwan exchange, market cap of $350m

Solar wafer manufacturer Danen Technology has completed an initial public offering on the main board of the Taiwan Stock Exchange with an initial market capitalisation of $350m.

27 July 2010

Hitachi Cable opens solar wire production facility in Malaysia, to meet demand

The growing popularity of Hitachi Cable's NoWarp brand of conductive photovoltaic wire has led the company to set up a new specialised production facility in Malaysia, to keep pace with demand.

27 July 2010

Central Bank of Bangladesh pledges to support renewable energy sector lending in 2011

The Central Bank of Bangladesh will strongly support lending for the renewable energy sector and other productive industries in 2011, while discouraging lending for wasteful consumption, it said in its annual monetary policy statement.

27 July 2010

Renewable energy information services provider 3TIER launches solar assessment products in India

Global renewable energy information service provider 3TIER has launched its complete suite of solar prospecting and assessment products in India.

26 July 2010

Chinese biofuel producer Zuhai increases production

Chinese biofuel producer Zhuhai Oil New Energy Science and Technology has recently increased plant production to 60 metric tons per hour, according to Pink Sheet-listed biotechnology company Biomagnetics, which agreed to acquire it last week.

26 July 2010

India appoints state-owned power subsidiary to select purchases under 1GW solar mission

Under newly-unveiled guidelines, Indian ministers have designated NTPC Vidyut Vyapar Nigam, the power trading arm of state-owned power company NTPC, to select projects to produce 1GW of capacity in the first phase of the Jawaharlal Nehru National Solar Mission.

23 July 2010

China Guodian’s wind subsidiary GD Power Development expects to raise $1.42bn in public offering

Chinese renewable energy developer GD Power Development, a subsidiary of China Guodian, will offer up to three billion class A shares in a public offering to raise about RMB9.7bn ($1.42bn).

22 July 2010

China Hydroelectric acquires 55.5MW project pipeline

Chinese small hydroelectric project developer China Hydroelectric has acquired all of the Minrui hydroelectricity projects in the Chinese province of Yunnan totalling 55.5MW in capacity, for RMB404.9m ($59.3m).

22 July 2010

India’s Infrastructure Leasing & Financial Services sells renewable energy unit stakes

Private India-based company Infrastructure Leasing & Financial Services has agreed to sell stakes in its waste management and renewable energy unit in the $400m sale of eight per cent of its shareholding, according to reports.

22 July 2010

Itochu invests $5m in electric vehicle developer Think to expand Asian presence

Japanese manufacturer Itochu has made an initial $5m investment in electric vehicle developer Think, expanding their partnership to market and distribute the Think City model and drive system in Asia.

21 July 2010

Meyer Burger supplies equipment to Korean solar wafer manufacturer Nexolon under €44.5m contract

Swiss Exchange-listed Meyer Burger Technology’s group members, Meyer Burger and Hennecke Systems have completed a contract for the supply of wire saws, interior saws and wafer inspection systems worth over CHF60m (€44.5m) to Korea-based mono and multi-crystalline solar wafer manufacturer Nexolon.

21 July 2010

Vestas increases international expansion with Chile office and Chinese deal

Vestas has pushed its forward international expansion further by opening a sales office in Chile and securing an additional wind turbine order from China.

20 July 2010

Palm oil producer Golden Agri defends its commitment to sustainability

In response to statements by Greenpeace in its report ‘How Sinar Mas is pulping the planet’ which alleged that Indonesian palm oil producer PT Smart’s activities led to deforestation, PT Smart and its parent Golden Agri have released a statement defending their commitment to producing sustainable palm oil in a responsible manner.

20 July 2010

China sees greatest investment in clean energy, according to report

China has surpassed the US as the country with the greatest investment in clean energy, according to 2009 figures in twin studies by the United Nations Environment Programme (UNEP) and Renewable Energy Policy Network (REN21).

20 July 2010

Solarfun subsidiary secures $88.5m credit facility

Chinese photovoltaic (PV) cell and module manufacturer Solarfun Power Holdings’ wholly-owned subsidiary Jiangsu Linyang Solarfun, has secured an RMB6bn ($88.5m) credit facility from the Bank of Shanghai with a contract term of five years.

19 July 2010

Indonesia receives $300m climate change mitigation loan from Japan International Cooperation Agency

The bilateral development agency Japan International Cooperation Agency (JICA) has signed a $307m loan with Indonesia to fund its ambitious climate change mitigation agenda.

19 July 2010

World’s largest building-integrated PV project in Shanghai rail station delivers power to China’s grid

The largest building-integrated photovoltaic project in the world, installed at China's Hongqiao railway station, has begun to successfully deliver power to the country’s energy grid, according to the Xinhua news service

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