China,India and South Korea have been leading the charge buying up Oil and Gas Assets at an incredible clip around the world.TEPCO plans to buy upto 50% of its Uranium needs from internal purchases as well raising LNG purchases.Japan lost out to South Korea in Economic Diplomacy when it lost out on Lucrative Nuclear Power Plant Contracts in UAE.It is now jostling with USA and China for building Nuclear Power in Vietnam.TEPCO is a leading member of Japanese Consortiums in international bidding
India’s Ministry of New and Renewable Energy (MNRE) has been criticized by a parliamentary committee for missing out several targets on renewable energy installations and cost overruns.The Ministry has several government funded schemes under its ambit like providing power to India’s unelectrified villages.The Ministry has failed to meet even 50% of its target to provide […]
Renewable Energy JA Solar wins more than 500MW in cell supply contracts – Recharge News Solaria Raises $65M for CPV Development – RenewableEnergyWorld Vestas in Eye of a Storm as 6 metre part of V112 Wind Turbine Falls Off – Should You Invest Now After Solar and Wind,Canadian Energy Behemoth Enbridge Dips its Feet into […]
Inflation continues to rule in the double digits as price of essential food commodities touches new highs.The Federal Government has stopped doing anything promising lower inflation figures in the next months thanks to lower base effect.However absolute prices as compared to 2 years are up almost 30-50%.The High Inflation has not affected the elite Indian classes as Stock Market make new highs and Industry maintains high growth rates.Naxalism is the direct outcome of this huge income inequality which is increasing every day.With no corrective measures being taken except some photo-ops by India’s oppurtunistic politicians except internal strife to Increase in India.
The South Korean Government has been one of the most proactive ones in promoting Green Industry.During the Global Financial Crisis,the Stimulus Program of South Korea had the highest percentage devoted to Clean Technology Initiatives.Driven by the Government,South Korean Conglomerates have been investing into Green Sectors.Samsung the biggest South Korean has already committed huge investments into CleanTech Sectors like Solar,Wind,LEDs.Korean Shipbuilders like Hyundai,Daewoo and Samsung are getting into manufacturing of Wind Turbines while Chemicals Giant Hanwha