Tag Archives: deal
BMW, GM in Fuel Cell Colaboration $GM
In what can be called a sweeping move for the growing fuel cell market, top car makers General Motors and BMW have reached in an agreement. The cooperation deal will help BMW access to the nascent fuel cell technology of the American car maker. In replay, the German luxury car maker will fund GM for [...]
The Agreement Reached at COP 17
The participants at the U.N. climate change talks in Durban, South Africa, managed to come to an agreement on a package of measures early on Sunday that would eventually force all the world’s polluters to take legally binding action. This achievement is a positive step forward given the fact that there were very low expectations [...]
Tesla Lands Deal with Mercedes $TSLA
Last week was a very good week for Tesla stock – up 13% on the day on Thursday and ending the week at $32.31, up a solid 8.2% from the previous Friday’s close. This was partly because the company’s earnings statement provided a loss that was below expectations – but probably largely a result of [...]
SunEdison Sells 33MW In Solar Systems To KGAL $WFR
SunEdison, which is a subsidiary of MEMC Electronic Materials (WFR), announced it has sold another 33MW in solar systems in Italy and Spain to German investment company KGAL. KGAL purchased 20MW last quarter bringing the total to 53MW which WFR will continue to maintain and operate under long term agreements. Pancho Perez, General Manager of [...]
A123 Secures Supply Agreement with ALTe $AONE
Following the company’s recent deal with General Motors (GM), A123 Systems (AONE) has now secured a further ‘long-term’ supply agreement with ALTe, a developer of Range Extended Electric Powertrains used to repower light commercial vehicles. AONE’s advanced Nanophosphate technology will be used to build 21.6 kWh battery packs, forming a critical part of ALTe’s powertrain. [...]
LDK Solar Teams Up With Datang $LDK
LDK Solar Co. Ltd. (ADR) (NYSE: LDK) is seeing a huge surge in today’s trading after the company announced that it partnered with Datang International Power Generation on a PV project. At last check, LDK shares were trading 11.57% higher at $6.27, with volume at 4.06 million. LDK Solar signed an engineering procurement and construction [...]
China Sunergy Lands 7MW Solar Module Deal $CSUN
China Sunergy (CSUN) has secured a 7 MW solar module supply contract with CEEG (Nanjing) Solar Energy Research Institute, for the NanjingSouth Railway Station solar roof project. It’s the world’s largeststand-alone building integrated photovoltaic (“BIPV”) project for onestructure and will be one of the most energy efficient public buildingsin China. The company announced a big [...]
LDK Signs Deal With Lu’an Group $LDK
Chinese solar manufacturer LDK Solar Ltd. has signed a multi-year solar wafer and polysilicon supply agreement with the Lu’an Group. The contract calls for LDK Solar to provide the Lu’an Group, aleading Chinese energy company, with 120 megawatts of solar wafersbetween 2011 and 2012 and 2,000 metric tons of polysilicon between 2011and 2013. Xiaofeng Peng, Chairman [...]
Portugal and Venezuela Ink Renewable Energy Deal
Venezuela is not a country known overall for her renewable energypolicy. The nation is an oil giant in the South American region andsupplies a fairly large quantity of crude oil to the United States, andother countries, on a yearly basis. Considering the fact that the oilindustry in Venezuela continues to promote the fossil fuel industry [...]