OCI & Hanwha to remain the serious Contenders Major Korean conglomerates such as Samung, Hyundai and Hanwha had made massive investments in renewable energy spurred on by the Korean government. These companies had gone into manufacturing components using the crystalline solar technology. Samsung and Hyundai solar panels were being sold in different countries using the […]

Investment in Offshore Wind Energy The growth potential in offshore wind energy has attracted a large number of top global industrial conglomerates despite the industry not living upto its potential. Offshore wind energy is facing a mounting number of problems like logistics, high cost and project delays. However this has not deterred companies from making billion […]

Hanwha Hanwha Chairman has got a sentence of 4 years to serve in jail after being found guilty of using company cash for personal use (all $4.5 million of it) and spending an additional $250 million to help his brother. Note Hanwha is one of the top 10 chaebols of South Korea and entered the […]

Sharp Solar Panels There have been hundreds of solar bankruptcies in the last couple of years as solar panel prices have gone down by almost 65% and ASPs have approached the COGs of the lowest cost solar panel manufacturers. However the big Japanese solar panel manufacturers have remained insulated from this wave of failures as […]

Solarworld Solarworld CEO Frank Asbeck has announced that he will stop taking his salary of half a million euros till his company returns to profitability again. Note Solarworld was the biggest solar panel manufacturers in the world till recently. However a change in industry paradigm, with a huge supply glut of cheap Chinese solar panels […]

Offshore Wind Energy Siemens the giant German industrial conglomerate and which is also the world’s largest Green company has taken a huge lead in the nascent offshore wind turbine market. Note offshore wind energy is emerging as the new engine of growth in the wind turbine industry with all the major WTG suppliers developing turbines […]