Saudi Arabia to diversify in Nuclear Power Saudi Arabia is one of the richest companies in the world with gargantuan foreign reserves which keep increasing each year, thanks to its massive oil production. Despite not having any other industry, Saudi Arabia’s oil riches have ensured that the country remains one of the richest in the [...]
Solar Growth Solar demand is expected to surge by 20% in 2013, after a flat 2012 as lower solar panel prices boosts solar adoption in under penetrated parts of the world. Asia will overtake Europe as the biggest market for solar modules with countries like China and Japan become the biggest solar power countries. Europe [...]
Japanese Solar Boom The Japanese solar market has been booming in the last year, thanks to a very generous feed in subsidy being given by the government. This has led to investors pouring money into the solar farm market with a massive 400 MW plant being planned by a German firm. Like other solar booms, [...]
China has been bristling against the hostility in solar trade from major partners such as US and Europe. The dominance of the Chinese solar panel industry with almost 60% of the global demand has made other countries see red. Thousands of Western solar companies have closed, even as China keeps on adding solar capacity. The [...]
Chinese Companies penetrate Top 10 Mobile Phone Rankings in last year It is hard to keep out the Chinese juggernaut in any big industry particular where technology access is not too difficult. While Apple and Samsung continue to dominate the mobile phone industry with a combined market share of more than 50%, many Chinese companies [...]
The solar industry is going through a major consolidation with hundreds of small and big solar companies failing despite growing solar demand. The reason is massive over capacity created mainly by China. This has resulted in many of the big companies like Q-Cells going down under the weight of billion dollar losses. However, even as [...]