All posts published on GWI for the Week Ending 16th September, 2012:
The growth potential in offshore wind energy has attracted a large number of top global industrial conglomerates……… Offshore wind energy is facing a mounting number of problems……… Japanese companies like Toshiba, Hitachi are planning to build offshore wind turbines as the Japanese Government offers support………. Korean Shipbuilders are facing the twin problems
One of the most fascinating things about the stock markets is that there are as many views and opinions about the markets……… The “Bernanke Put” has been a huge factor in the bullishness and the risk on sentiment in the US markets…….. Massive risks to the global economy persist
The worst fears of the Chinese solar panel producers have come true with Europe starting the history’s biggest anti dumping case………. ProSun led by German solar panel maker Solarworld, complained against super cheap imports……….. If found to be true, Chinese solar panels could be levied with heavy duties
The Indian Wind Power Association (IWTA) representing 1350 companies has written a letter to India’s PM asking for reinstating subsidies for the wind energy industry……….. Wind Energy Industry Problems……… Fresh capacity increase, has declined by almost 60% to 522 MW according the MNRE………. Indian wind energy industry continues to benefit from the REC scheme
Hanwha Group is one of Korea’s top ten enterprises……… Hanwha Group is currently engaged in three core business areas ……… Hanwha Solar Panel Features, Types, Polycrystalline, Monocrystalline, BlackDiamond, Greenhouse, SolarIris…….. Costs & Affordability
The new nuclear power plants that are coming up in India are facing strong protests by local people ………. Note protests against companies encroaching on the environment and precious farm land are not only limited to nuclear energy………… The Government has blamed foreign NGOs for fomenting the violence in Kudankulam……….. making nuclear power plants uneconomical
Indian citizens are shocked by the actions of the judiciary and police in Maharashtra who have jailed a cartoonist……… federal government remains embroiled in corruption and scams totaling billions of dollars………. Asheem Trivedi remains locked up under the sedition law
The increasing costs of airplane fares……… cities which are strategically located in 4 different parts of the country are linked by national highways built by the NDA Government……….. High speed bullet trains are the ideal answer to the cost-speed balance need in transport between major urban cities……… China’s high speed train infrastructure is already starting to break even
A major price war has started between the stock exchanges in India with MCX sharply cutting the prices of transactions………. The Financial Technologies owned MCX-SX has also reduced the capital and net worth requirements of members……….. MCX was fighting a prolonged battle with the equity regulator SEBI to allow MCX to trade in equities
The shallow commodity markets in India are being blatantly manipulated by industry cartels and big brokers who through hoarding and circular trading……….. a large part of the price increase was due to price manipulation………. The Forward Markets Regulator (FMC) which is the industry regulator has remained behind the curve most of the time
Q-Cells is the biggest solar failure in Europe………. The company got battered in 2009 downturn………. Q-Cells tried to avoid bankruptcy………. Q-Cells operations are being bought for a mere $50 million by the Korean giant Hanwha Group
Exelon which is the owner of the biggest portfolio of nuclear power plants in the US has been kicked out………. Exelon has opposed the extension of the 30% wind tax credit given to the wind industry……….. Exelon is turning more pro-solar as it bought the 230 MW solar power plant
The massive global oversupply of solar panels has led to solar panel prices plummeting to new depths. This has already led to bankruptcies……… The carnage has not stopped as even small solar companies………. Silicon Industries has started shutting down……… New Jersey company Solar Power Industries too will be auctioning its equipments
Solar subsidies in general have always been a boom and a bust story………. In Europe, in particular the feed in tariffs given by the Government to promote solar………. Greece is following the same storyline as seen in countries like Spain and Czech………. Greece has a very generous feed in tariff
India suffers from a huge deficit in power generation……… The country’s Power sector is suffering from lack of fuel,………. Government proposal to export 500 MW of electricity to Pakistan has drawn howls of protests
The dominance of the Korean chaebols over the Indian air conditioning market has ended………. marketshare of Voltas has increased dramatically in 2012……… LG has been one of the biggest losers………. Samsung too has seen its marketshare go down
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