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Fri01302015

A.D.B. extends $100 million loan for India’s solar power projects

A.D.B. extends $100 million loan for India’s solar power projects

The Asian Development Bank is extending loans of up to $100 million to aid in pr...

Nebraska Supreme Court, House of Representatives supporting proposed Keystone pipeline route

Nebraska Supreme Court, House of Representatives supporting proposed Keystone pipeline route

Despite misgivings from the public and the White House, proponents of the Keysto...

Obama will not sign Keystone Pipeline bill

Obama will not sign Keystone Pipeline bill

President Barack Obama will not sign the Keystone Pipeline bill, saying that it ...

Senvion completes offshore wind farm over Christmas

Senvion completes offshore wind farm over Christmas

Senvion completed the installation of wind turbines for the Nordsee Ost offshore...

Vestas to supply wind turbines in Greece and Chile

Vestas to supply wind turbines in Greece and Chile

Danish wind turbine manufacturer Vestas ended 2014 with two supply contracts: on...

U.N. chief hails results of C.O.P. 20

U.N. chief hails results of C.O.P. 20

United Nations Secretary-General Ban Ki-moon hailed the results of the recently ...

Manufacturer’s perspective on the new U.S. emissions reduction target

Manufacturer’s perspective on the new U.S. emissions reduction target

The United States manufacturing sector may be opting for a more diversified way ...


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Business

Technology

Advantage of green cloud computing

Advantage of green cloud computing

Tuesday, 13 January 2015

Green computing is the usage of computing resources in an energy- and resource-efficient manner. Part of it is using computers that have been Energy S...

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Politics

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Living Green

How to green clean copper sinks

How to green clean copper sinks

Tuesday, 27 January 2015

Copper sinks are all the rage these days and it's easy to see why-they're gorgeous! My husband loves copper anything and likes when it weathers natura...

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Renewables

Hereford Wind Project in Texas begins commercial operations

Hereford Wind Project in Texas begins commercial operations

Wednesday, 28 January 2015

The 200-megawatt Hereford Wind Project in Texas has achieved commercial operation. EDF Renewable Energy, which purchased shares of the project in 2013...

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Low-Carbon

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Opinion

Unsustainable urban life: What's next?

Unsustainable urban life: What's next?

Wednesday, 11 June 2014

Nutrition plays a critical role in everyone’s chance at a better future. Hunger, said Benjamin Franklin once, is the best pickle. Some say “pickle”...

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Q-Cells revenue down by 20% in 2011; Market uncertainty blamed

A tough market environment and a severe price decline were cited by industry-leading German photovoltaic company Q-Cells as reasons for a drop in its sales for fiscal year 2011.

The company published their unaudited annual results for the year this week, revealing that they achieved sales of 1.023 billion euros ($1.366 billion). While this puts them above their 1-billion-euro sales target for the year, the figure is 20 percent lower compared with 2010 sales which was at 1.354 billion euros.

Q-Cells ended the year with a loss of 845.8 million euros compared with 2010 when they earned a net profit of 18.9 million euros.

According to Q-Cells chief executive Dr. Nedim Cen, prolonged uncertainty concerning subsidy rules in Italy, the world's second-largest photovoltaics market, had a detrimental effect on demand worldwide.

Meanwhile, an expected industry boom, following an increase in interest in renewables in Germany and elsewhere due to concerns over the safety of nuclear power triggered by the accident at Fukushima, failed to materialize.

These factors, plus an excess in production capacities and the rise in Asian PV companies' capabilities, led to a decline in prices of 40 to 60 percent. This in turn had a negative impact on Q-Cells' results. – EcoSeed Staff

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