Czech is a Poster Boy of how not to implement a Feed in Tariff Scheme.While other countries like Spain,Greece have also faced Solar Booms,the Czech Bubble compared to the size of its Economy has been spectacular.The removal of Tax Benefits will further lower the returns for Green Investors which should probably eliminate the make the Czech Renewable Market next year.
India’s most industrialized and fast growing states like Gujarat,Tamil Nadu,Maharashtra have been the most aggressive in Green Energy as well.Gujarat has attracted huge interest in Solar Energy through strong support by the government.Tamil Nadu and Maharashtra account for almost 70% of India’s 8-9 GW Wind Energy capacity.However economically backward states like Orissa,Bihar,Uttar Pradesh remain laggards in this respect as well.Orissa seems a classic case where the general economic lethargy extends to the Renewable Energy Sector as well.
The Desertec Initiative is the Biggest Green Energy Project ever conceived with a vast scale and an ambitious vision.However Desertec falls short on many parameters which are described above for it to ever reach fruition.While small scale versions of this Concept can be implemented like that by Solar Millennium in Egypt,the massive energy framework conceived by Desertec is not feasible.The Huge Subsidies and High Costs make it uneconomical despite its Clean Energy Promise.
Siemens is one of the largest conglomerates in the world with a huge Green Division.This German Giant is present in almost all sectors of the upcoming Green Industry.Siemens is a Top 10 World Supplier of Wind Turbines and has recently upped its investment into Solar Thermal Technology through the acquisition of pioneering CSP company Soleil […]
Applied Materials which was the 800 lb Gorilla in the a-Si Thin Film Equipment raking in Billions of Dollars in Orders from established Solar Leaders like Q-Cells and Suntech also found itself in trouble.With its SunFab Division leading Millions of Dollars and fast losing its economic viability,AMAT was forced to conduct Euthanisia.Its customers like SunFilm,Moser Baer,Suntech also have pretty much shut down their factories writing off large investments.However Oerlikon is not giving up like AMAT
Germany is planning to extend the life of the nuclear reactors that are supposed to close in 2022 by an average of 12 years.Note extension will results in windfall profits for Germany Big 4 utilities which will be offset by Euro 2.3 Billion in Taxes for the next 6 years and a commitment for funding […]