The 10.8c/KwH Tariff will be almost 35% lower than the earlier project awarded in the Ningxia province.For comparison 10.8c/KwH is generally given to Wind Energy which has considerably lesser costs than Solar Energy.Parts of USA and Europe have electricity tariffs of greater than 20c/KwH at present.Such low tariffs may not be useful as they might lead to project delays if not cancellations.

Lithium has been claimed to beĀ  the “new oil” with a new dedicated ETF recently launched to take advantage of the investor interest in this area.Lithium which was virtually unused in any application until the 1990’s come into prominence after Sony introduced the first Lithium based batteries.Since then the usage of Lithium has grown by […]

China’s Green Stimulus policies has been massively biased towards the growth of domestic industries.Electric Vehicles is no different with China recently introducing Fuel Efficiency Subsidies in Auto Industry exclusively for Domestic Firms.Now the new announcement by the Ministry of Industry and Information Technology to subsidize energy efficiency in Transportation with a 100 Billion Yuan Subsidy over the next 10 years further explicitly supports domestic firms

China’s Wind Turbine Producer Xinjiang Goldwind has apparently canceled plans for a massive $1.2 Billion Hong Kong IPO .The reasons for the cancellation of this much hyped IPO is not very clear . Note the Chinese Government has issued a “go slow” for Green IPOs given the overcapacity in the Wind and Polysilicon sectors.However Goldwind […]

China has put on hold new IPO’s from its fast growing Green Industry to prevent overcapacity and weed out small players.Though Goldwind (China’s second largest wind turbine producer) has received approval for the Biggest Green IPO in 2010 in HongKong later this month,others are facing hurdles.While no official communication has been released,Reuters reported that the […]

Electric Vehicles is becoming the most active segment of the Green Industry in recent times with Alliances,Acquisitions as well as Breakups . Global Auto Heavyweights along with numerous small startupsĀ  like Fisker,Coda,Tesla are jostling for position in this new “Hot segment” of the Auto industry.The past few months have seen furious activity with a mish-mash […]