Tag: news

5
Dec

Merrill Lynch Invests $70 Million Into Indian Wind Energy Company

Yet another emerging wind energy developer in India has secured investment from international investors as the country looks set for a wind energy revolution. Mytrah Energy recently announced that it had secured funding worth $70 million (₹430 crore) from Merrill Lynch and Apollo Global Management. The company has issued bonds to raise these funds a part of which will be

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5
Dec

Solar Cell Maker GCL-Poly Energy Sells Production Facilities For $1.3 Billion

GCL-Poly Energy Holdings Limited has debt of about $6 billion on its balance sheet which it plans to reduce by selling at least some of its production facilities of polysilicon wafers. One of China’s and the world’s largest solar power equipment manufacturers, GCL-Poly Energy [PDF], has announced its plans to sell seven of its polysilicon wafer and two ingot production

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5
Dec

New solar-powered invention can make sea water drinkable

The world is rapidly reaching global water crisis mode with nearly one billion people lacking access to clean potable water. But a new solar-powered invention by award-winning British company Desolenator can turn seawater into drinking water – and may turn this dire situation around in a hurry. Desolenator’s machine uses patented technology that can transform salt water and other un-potable

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5
Dec

Giant tulip-shaped solar plant to bring reliable energy to Ethiopia

Development in rural African communities is often limited by lack of access to reliable power – hospitals, schools and businesses all require a steady source of electricity in order to function. The government of Ethiopia just announced plans to address this need using the AORA Solar-Hybrid system. The AORA system is ingenious because it is modular and uses less water

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4
Dec

Turkey can produce own car, businessman says

It is “not difficult or insane” to produce a domestic car, Turkish businessman Ethem Sancak said on Sunday, adding that Turkey is indeed late to manufacture its own car. “Take a look at Far Eastern countries. Every one of them produces their domestic cars. European countries do, as well. Some say it is difficult for Turkey. Why so? Turkey had

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4
Dec

China’s low-speed electric car industry sees bright prospects

The low-speed electric vehicle industry in China is seeing bright prospects after China’s National Development and Reform Commission announced temporary measures for the investment and approval of electric passenger car makers on Nov. 26. New electric passenger car makers have to be registered in China and have over three years of experience researching and developing electric passenger cars, according to

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4
Dec

Mini Electric Cars Give a Jolt to China’s Market for Green Autos

Tiny and bordering on the whimsical, a new generation of small electric cars is providing a bit of spark in the so-far undercharged market for green autos in China. These pint-sized rides — think an electrified version of the car Milo rode around in “The Phantom Tollbooth“ or a slightly skinnier version of a Smart car — are proving increasingly

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4
Dec

Electric Supercar From Rimac Automobili Planned For 2015 Production

With the Tesla Model S doing so well, it’s a bit surprising that you don’t see more companies trying to make wicked-awesome electric cars designed electric from the ground up. Well, one company has been aiming to do so for awhile now — the Croatian company Rimac Automobili. The Rimac Concept_One is certainly a beauty, and if it’s built as

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4
Dec

Copenhagen Wins Smart City Award

Copenhagen, long a green energy pioneer, was awarded the Best Project award at this year’s Smart City Awards which took place in Barcelona at the end of November. The project, Copenhagen Connecting, a collaboration with the City of Copenhagen and Cisco Systems, uses data collected from municipal lighting, traffic signals, even garbage bins to reduce commute times and add economic

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4
Dec

Big Bubbly Vs. Big Oil In Workplace EV Charging Death Match

We were just saying that the new industry-sponsored “grassroots” campaign against California’s clean energy law is doomed to fail, when along comes none other than the Coca-Cola Company to prove our point. And, they one-upped us, too. The world’s leading purveyor of all things sweet and bubbly has just announced a new partnership with NRG Energy Inc. to provide workplace

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