PV Finance

China launched its Clean Development Mechanism (CDM) fund, with a potential funding of $3 billion, on Friday to finance the country's efforts to tackle...

    MOSCOW: China and Russia Tuesday signed four agreements on nuclear energy collaboration, looking ahead to a post-hydrocarbon world. A joint communiqu signed by visiting...

Resignation rumors surface, are denied, and surface again. His allies turn against him and editorials question his leadership. Indian Prime Minister Manmohan Singh is taking...

BT recently unveiled plans to develop wind farms aimed at generating up to 25 per cent of its existing UK electricity requirements by 2016....

SunPower Corp., a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, recently announced that its Spanish subsidiary will design and construct an 18-megawatt Olivenza solar electric power plant in the Badajoz region of Spain. Olivenza is expected to generate more than 32 million kilowatt-hours of power per year upon completion.  SunPower will debut its proprietary SunPower(R) T20 Tracker solar tracking system in Europe at the 70-hectare site. The Tracker follows the sun as it moves across the sky, delivering up to 30 percent more energy than fixed-tilt systems while reducing installation cost per kilowatt.  "SunPower is proud to contribute to the rapid expansion of the Spanish solar market using our innovative, efficient solar energy technology," said Marco Antonio Northland, general manager of SunPower's European operations. "Our customers are demanding the highest energy delivery and fast construction schedules, requirements we can meet with our T20 Tracker. At Olivenza, we are using the SunPower Tracker to expedite deployment, maximize energy delivery, optimize land use and reduce related costs."  Olivenza is financed by a consortium of institutions, including AIG Financial Products Corp., a wholly-owned subsidiary of American International Group, Inc. and a principal investor in the energy and infrastructure sectors, and 360 CORPORATE, a Spanish principal investor in the energy and infrastructure sectors, as equity investors.  This project will expand SunPower's pioneering footprint in Spain to more than 100 megawatts under contract. Construction is expected to be complete in the spring of 2008. 

Pakistani authorities on Friday signed an agreement with the Asian Development Bank (ADB) for a multi-tranche loan of 510 million U.S. dollars for the...

The following stocks may rise or fall in German markets. Germany's X-DAX Index fell 0.3 percent to 7,508. The index provides an estimate of...

   The International Finance Corp.(IFC) said on Tuesday that it has signed a financing agreement to support the development of China's coalbed methane resources, a...

Roll back those pensions! Give back those sweeteners! This may be the latest new idea in public finance to blow in from the West...

Pakistan's strategic assets are completely safe and secure and the highest level of institutionalized protection is accorded to them, a Foreign Office spokesperson Tasnim...

China will grant subsidy to bioenergy-producing companies when the international crude oil prices fall below the oil alternative's production cost and last for a...

China will impose export duties on some aluminum products from Aug. 1 in a bid to reduce energy consumption and pollutant emissions, according to...