Solar Energy Investing

SustainableBusiness.com reports LDK Solar and GT Solar International have signed an agreement for the purchase of polysilicon CVD reactors to be used in the manufacturing of polysilicon for solar wafers in the China plant.  The companies are confident that this agreement will be able to increase the manufacturing capacity to meet the rising demands of the solar industry.

Newswire Today reports The Green Idea Lab has been launched as the new research and development wing for Biodiversity Conservation India LTD.  GIL will provide design and consultation services for companies wishing to build completely sustainable projects.  The Green Idea Lab will provide planning for energy management including solar, wind and biomass technology.

TradingMarkets.com reports DuPont Photovoltaic Solar has launched in India to provide crystalline silicon and thin film modules for the solar industry.  A photovoltaic lab is planned to be established by 2010 to provide further research.  DuPont expects sales to exceed $1 billion within 5 years for products in the photovoltaic product line.

Mmegi Online reports Japan visited Botswana to discuss their mission of African development.  A Japanese member met with the Minister of Minerals, Energy, and Waste Resources to view a presentation of interest on solar energy and technology development.

Market Watch reports Delta will launch a green factory in Rudrapur, Uttakakhand, India.  The plant will use natural lighting and solar panels to reduce carbon emissions and is registered with the Green Building Council to reach the highest green accreditation available.

Renewable Energy World.com reports the Summer Olympics in Beijing boasted renewable energy sources, even if they had to hire people to scoop up the much from polluted waters and enforce alternate day driving.  Suntech provided a solar system of 8 million kWh at the “Bird’s Nest,” while Canadian Solar provided photovoltaic technology for the streetlamps lighting up Olympic Boulevard.  Also, the Olympic Village installed a solar energy hot water system to be used the 12,000 athletes and trainers.

Business Line reports West Bengal will receive their first large scale solar power plant thanks to Titan Energy Systems and Beck Energy.  The first phase of the 2MW project is expected to be complete in December 2008.

CIOL reports ET Solar Group Corp has made a donation of photovoltaic products to eight Tibetan villages.  These villages are unable to connect to the power grid, so these systems will provide them with electricity.

Alternative Energy reports across the globe 40% of companies have installed are are looking to install a renewable energy source.  The international study shows that companies are looking to solar power and other sources to reduce their rising energy costs and to address environmental issues.

CentreDaily.com reports Evolution Solar Corp. has appointed a new President of Asian Operations, Michael Franklin. Mr. Franklin is the USA consultant for Hong Kong and sources products for AMD, USSSA, and Home Depot.  Evolution Solar intends to manufacture high efficiency solar cells.