Germany’s EEG program instrumental in bringing Solar Energy Close to Grid Parity Germany has been the poster child for Feed in Tariff success in promoting renewable energy.Germany Renewable Energy Law which was passed in 2004 led to a massive growth in solar and wind energy making the country a global leader in Green Technology.German Renewable […]
Fannie Mae and Freddie Mac a cesspool of Corruption and Waste Fannie and Freddie Mae which would long have gone bankrupt after the Lehman crisis had it not been for the unlimited credit lines from the US Treasury.These two firms which are now 80% owned by the US government have already lost a massive $160 […]
.The almost 20% peak to trough fall has led to Germany’s already strong exporting machine to generate even greater exports.While the rest of the European countries like Spain,Greece and Portugal don’t really have the industry to benefit from Euro weakness,Germany has a massive industries to do so.
US Export Import Bank (Exim) is a government owned financial institution which helps support US trade through credit financing of exports/imports of US companies.The Bank is also an instrument of US government policy which supports renewable energy and acts against climate change.However its recent policy actions have been criticized heavily by environmental groups for supporting […]
India and China are seeing rapid economic and industrial growth in excess of 8% GDP growth.While rapid growth is necessary to pull up the estimated 2.5 billion people in these 2 countries to a middle class life,it has also resulted in environmental degradation.The industries in these 2 countries are poorly regulated unlike the West and […]
LG and Samsung have already committed themselves to billion dollar investments into crystalline solar manufacturing.Not to be left behind South Korea’s Hyundai Industries which is known more for its cars,is also making a big push into the Green Energy Space.Like its South Korean peers,Hyundai is also preferring to enter this space through Solar Energy.Hyundai has […]