SDE Receives a 25 Year Concession for Selling Electricity to an African Country

In the wake of the global financial crisis and the growing global awareness of green energy, SDE Energy Ltd., a developer of an innovative technology for sea wave power generation, has recently received a 25 year concession to build sea wave power plants with a total capacity of 100MW from a Moslem country in Africa. The cost of this project is US $100 million dollars and the expected revenues from the electricity sold are estimated to be approximately... Read more..

Suntech Completes Investment in Nitol Solar

Suntech Power Holdings Co., Ltd., one of the world’s leading manufacturers of photovoltaic (PV) cells and modules, today announced it has completed the final round of its $100 million in aggregate purchase of a minority interest in Nitol Solar, an independent polysilicon producer. In conjunction with the completion of the transaction, Suntech also announced that it was pleased with the test results from the initial batches of polysilicon that... Read more..