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Greenpeace calls for accountability among R.S.P.O. members for Sumatra fires, Singapore haze

Greenpeace International has called for accountability among the members of the Roundtable on Sustainable Palm Oil for the recent fires in Sumatra which caused the haze in Singapore. Greenpeace disapproves of the R.S.P.O.’s move to investigate only five companies who had been named in media reports. The environmental organization pointed out that the five companies being investigated were not the ones...

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Thin-film manufacturing facility to rise in Suqian, China

Thin-film photovoltaic manufacturer Ascent Solar is forming a joint venture with the government of the Municipal City of Suqian in Jiangsu Province, China to produce their modules in the Asian country. The agreement between the company and the municipal government covers a multi-faceted, three-phase project over the next six years. The first phase of this would include the establishment of a...

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Culprits behind Singapore’s haze identified

The scientists at the World Agroforestry Centre have identified the parties responsible for the haze that has covered Singapore recently – and it’s not necessarily who everyone thinks. For decades, small and large scale farmers in Sumatra – and their annual habit of clearing their plots using fire – have been blamed for the haze that has affected parts of Indonesia and Malaysia. This issue made...

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India’s renewable energy on the rise, seeking more investments from U.S.

India has reached approximately 28 gigawatts of cumulative deployed renewable energy systems and is now looking to the United States for more investments in the power sector. For the period of 2013-2014, India has set a goal of installing an additional 4,325 megawatts of renewable power. Currently they only have around 303.10 MW of newly deployed capacity for the 2013-2014 period. Of this, 264.10 MW comes from wind,...

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Wind farm to rise in south-central Vietnam

A 40.5 megawatt wind power project is set to begin construction in Vietnam’s south-central coastal province of Ninh Thuan this year. According to the Saigon Times Daily, Vietnam Electricity Investment and Construction Joint Stock Company has been given approval in principle for its $3.2 million Cong Hai wind power project. The first phase of the Cong Hai project will be carried out this year on 20 hectares in Cong Hai...

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Hanwha SolarOne gets $100 million loan from Export-Import Bank of Korea

Hanwha SolarOne Co., Ltd. announced that, through a subsidiary, it has secured a three-year $100 million term loan facility from the Export-Import Bank of Korea. The company’s subsidiary Hanwha SolarOne (Qidong) Co., Ltd., secured the loan which will mature on June 25, 2016 with payment of principle to be made at maturity. The interest rate floats with the three-month LIBOR, plus 1.99 per annum. “This new capital will enhance...

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India’s first P.V.-diesel hybrid solar power plant starts operation

India’s first ever 1 megawatt-scale photovoltaic-diesel hybrid solar power plant begins operations in Tirupur, Tamil Nadu. The 1-MW solar plant is installed on the roof of Alpine Knits Private Ltd. at Palladam in Tirupur. It was designed, engineered and constructed on a turnkey basis by Chemtrols Solar Private Ltd., a company with interests in clean technology. The solar plant is synchronized with an incoming 11...

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Asian investments in clean energy rising – A.D.B.

Clean energy investments in Asia and the Pacific have grown significantly in the last 9 years, reaching $101 billion in 2012. Economic constraints have changed the advancement of clean energy in many parts of the world, with the established wind and solar markets of Europe and North America markedly slowing down. Global investment in clean energy dropped 11 percent in 2012 to $269 billion from $302 billion in 2012,...

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USAID investing in Indian clean energy sector

The clean energy sector in India is looking at an infusion of $100 million in investment from the United States Agency for International Development. USAID has announced that it is partnering with U.S.-based institutional investor Northern Lights Capital Group to facilitate investment in India’s clean energy sector via Nereus Capital. “This investment could eventually create as much as 300-400 additional megawatts...

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Germany eyes green opportunities in China

Germany will collaborate with China in developing its green opportunities through a series of cooperative and investment agreements. “Strategic industries laid down in the current five-year plan will be very interesting for German companies in the next years,” said executive chairwoman of the German Chamber of Commerce, North China, Alexandra Voss in China Daily. The chairwoman pointed out that environmental...

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