South Korean Conglomerate Hanwha subsidiary Hanwha Chemicals has taken a controlling 49.99% stake buying 36 million shares fro m Solarfun at $10.72 (4.6% premium) and the complete shareholding of promoters Good Energies (controls German Q-Cells as well ) and Chairman Mr. Yonghua Lu .Solarfun is the 4th largest Chinese company which has been executing well on a vertical integration strategy.
A Record Drought in Russia and Worst Floods in China since 1998 are driving up wheat and rice prices up more steeply than in the commodity bull run in 2008.Secular factors like Globalization of Agriculture has already driven up food prices around the world,on top of this such seasonal factors will drive the prices even […]
a-Si technology has much lower efficiency in the range of 7-9% compared to the mainstream crystalline solar technology.a-Si cost advantages over the c-Si technology has also disappeared with falling polysilicon costs.This makes a-Si only feasible for utility sized plants as a-Si’s larger area requirements makes unsuitable for residental and commercial segments.The IPP JV is a good move as it will provide captive demand for Sharp’s a-Si modules.
Huawei faces blacklisting from India on Security Concerns Huawei has been blacklisted by the Indian government from supplying telecom equipment due to security concerns.Despite strong lobbying by the Chinese government and Indian telecom operators,Chinese telecom equipment firms have been effectively frozen out of the world’s fastest growing telecom market.Huawei has also faced push-back from the […]
SMC seems to have made a strategic call to focus on the thin film Cadmium Indium Gallium Selenide (CIGs) Technology instead of the mainstream crystalline silicon (c-Si) technology.Note CIGs technology is the most promising thin film technology with yields much higher than the other technologies like Cadmium Tellurium (CdTe) used by First Solar and amorphous Silicon (a-Si) which was used by AMAT’s Subfab division.
Bangladesh recently witnessed violent protests by textile workers who are being forced to work for wages below $1/day even as inflation rages at more than 10% in that country.Bangladesh has recently seen increased outsourcing of garments with Chinese wages increasing.However the conditions for the textile workers has not improved as the salary levels for the […]