SmartHeat Inc., a market leader in China’s “green” technology, environmentally friendly energy savings industry, today announced record financial results for the quarter ended September 30, 2008. SmartHeat generated revenue of $20.7 million in the quarter compared to $3.01 million in the same period in 2007, an increase of approximately 587%. This increase was primarily due to increased customer recognition and acceptance of SmartHeat... Read more..
Quantum Fuel Systems Technologies Worldwide, Inc. announced that its German solar photovoltaic partner, Asola has signed a Memorandum of Understanding to establish a joint venture manufacturing plant in South Korea, to enable production and distribution of high quality, German-designed solar modules in South Korea. The Korean partner Q&Tech / Yongsan Inc., is a high volume manufacturer of electronic and automotive components and a leading supplier... Read more..