Andarko Petroleum¬† is a 25% owner of the the Deephorizon Oil Rig which exploded recently leading to a huge ecological and economic disaster in the US Gulf region.British Petroleum(BP) the primary owner of the Oil Rig is facing a life and death situation as it has already agreed to provide $20 billion in damages.BP’s reputation […]

China and US Tensions increasing on Currency Valuation The US Senate and President Obama have been increasing pressure on the Chinese Government to revalue the yuan and let it move towards a market determined rate.China’s yuan peg to the dollar has been one of the main factors around which the debate of global imbalances has […]

Background on Spanish Government’s proposal to cut Solar Subsidy on Existing Plants The Spanish government has been actively discussing with industry groups on how to reduce its Green Energy subsidies as the country faces a critical budgeting and funding problem.The impact of an “industry killing” 30% cut to existing solar plants would be quite devastating […]

Taiwan Companies Ramping up their Solar Plans Taiwan based semiconductor company TSMC ( Taiwan Semiconductor Manufacturing Corporation) is getting serious about investing in Solar Energy.Other Taiwanese Heavyweights like AUO,CMO and UMC are also in the process of ramping up their solar production plans.The European Crisis and the fall in Euro has led to a dramatic […]

Initial Public Offerings (IPOs) are being deferred and canceled as market volatility increases due to the Greek Contagion.Green IPOs have been no exception with IPOs of even high profile billion dollar IPOs from wind and solar companies in Europe,USA and Hong Kong getting canceled in the last couple of months.The main reasons for these tough […]

Toshiba aims to Double Nuclear Exports in next 5 years Toshiba the No.2 players in the Nuclear Equipment markets is planning a major investment to double its sales of nuclear reactors to overseas markets.Areva,Toshiba-Westinghouse and GE-Hitachi are the Three Major Companies in the Global Nuclear Energy Equipment Market.GE-Hitachi is trailing in marketshare due to a […]