Asia Cleantech at BusinessWeek Global Green Business 2009 (Tianjin)

Ron Mahabir, Managing Director of Asia Cleantech Capital, will moderate a panel, “Green Technology.”

Link to program

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Asia Cleantech at Euromoney Global Infrastructure Finance Conference (Hong Kong)

12-13 February 2009
JW Marriott, Hong Kong

Ron Mahabir, Managing Director of Asia Cleantech Capital, will speak on Financing Renewable Energy.

Following the run-away success in 2008 of the inaugural conference in Dubai, The 2nd Annual Euromoney Global Infrastructure Finance Conference again brought together 600 leading infrastructure investors, project sponsors, senior government officials, and infrastructure experts in Hong Kong to discuss and plan the development of the global market for infrastructure finance.

Moser Baer to invest $1.5 bn in solar power

February 11, 2008 (The Economic Times) – Betting big on power generation through solar energy, Moser Baer India is investing about $1.5 billion in increasing its thin-film photovoltaic capacity to 600 mega watt (MW) over the next two years from the existing project capacity of 40 MW.As part of the expansion plans, a Moser Baer wholly-owned subsidiary, PV Technologies India, has signed a memorandum of understanding (MoU) with a leading US-based equipment supplier to secure supply of critical equipment.

Goldwind Plans IPO as China Combats Climate Change

December 13, 2007 (Bloomberg) – Goldwind Science & Technology Co., China’s largest wind power equipment maker, plans to raise 1.8 billion yuan ($244 million) in an initial public offering to gain from the country’s efforts to counter climate change. Goldwind will sell 50 million shares at 36 yuan apiece, the Xinjiang-based company said in a statement to the Shenzhen Stock Exchange.

India’s Solar Power

This industrial-scale solar water heating array supplies 120,000 litres per day at Godavari Fertilizers & Chemicals Ltd. in Andhra Pradesh

Editor’s Note (EcoWorld): Using sunlight to create electrical and thermal energy remains the most promising source of clean renewable energy, and projections as to how quickly solar power takes off could be grossly understated. As the author points out, the costs for photovoltaic electricity, for example, have dropped by an order of magnitude in the last 30 years.

The challenge however lies in just how much energy solar power would have to displace if it were to become the dominant source of energy in the world. In 2006, according to the International Energy Agency, 80.3% of the world’s energy came from fossil fuel: Oil (34.3%), coal (25.1%) and gas (20.9%). Fully 90.9% of the world’s energy came from combustion, because alongside these fossil fuels in 4th place are “combustible renewables,” mostly wood (10.6%). Include nuclear power (6.5%) and hydro-electric power (2.2%), and you have accounted for 99.5% of the world’s energy!