OCI & Hanwha to remain the serious Contenders Major Korean conglomerates such as Samung, Hyundai and Hanwha had made massive investments in renewable energy spurred on by the Korean government. These companies had gone into manufacturing components using the crystalline solar technology. Samsung and Hyundai solar panels were being sold in different countries using the […]
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 […]
Air Conditioning in India The dominance of the Korean chaebols over the Indian air conditioning market has ended with the Tata owned Voltas stealing the lead. The marketshare of Voltas has increased dramatically in 2012 according to a GFK Neilsen survey by 5 percentage points to 21%. Note air conditioning is a necessity in India, […]
The story of Q-Cells comes to an End Q-Cells is the biggest solar failure in Europe as the company which was the global leader in 2008 failed to pay its creditors in 2012. Q-Cells which concentrated on producing crystalline silicon solar cells could not cope with Asian competitors who drastically cut prices and costs in […]
Offshore Wind Energy Siemens the giant German industrial conglomerate and which is also the world’s largest Green company has taken a huge lead in the nascent offshore wind turbine market. Note offshore wind energy is emerging as the new engine of growth in the wind turbine industry with all the major WTG suppliers developing turbines […]