Recently, Wells Fargo Bank and the German SunPower Corporation announced that it would build a commercial solar energy projects, total investment is expected to reach 100 million U.S. dollars.
It is reported that the project's power system from SunPower Corporation throughout the design, construction, operation and maintenance, is responsible for Wells Fargo to raise project funding. In addition, SunPower will be eligible customers with the signing of power purchase agreements, these customers can be a long-term low-cost companies from buying electricity from SunPower.
The first phase of the project, including an installed capacity of 1.1 megawatts, respectively, and two 1-megawatt solar power system, which is scheduled for completion by the end of this year. They will install the SunPower Introduces T20 rotary tracking system can be fixed-tilt ground systems than collecting 30 percent more energy.
SunPower has installed more than 500 contracts have been signed or the large-scale public and commercial solar power system, with a total installed capacity of more than 400 megawatts.
Wells Fargo Bank since 2006 a total of renewable energy projects to provide more than 1.75 billion U.S. dollars in loans. This includes 27 wind energy projects, more than 150 commercial solar energy projects and a multi-function solar heating project.
Jul. 10,2009
China encourages foreign investment in China's new energy
July 5, the Chinese National Development and Reform Commission Zhang Xiaoqiang, deputy director of yesterday (July 4) at the "summit of global think tank" at the forum said that from now on four aspects of the Chinese government will promote foreign direct investment (FDI) the stability of development, including encouragement of foreign investment to invest in new energy.
Zhang Xiaoqiang said that the Chinese government will be combined with dozens of domestic industrial restructuring and revitalization of the planning, improve the foreign investment in the industry-oriented policies to encourage foreign businessmen to invest in new energy industries, advanced manufacturing, high-tech industries, infrastructure construction, energy conservation and environmental protection and modern services industries, and encourage the establishment of a number of multinational corporations in China headquarters, R & D centers, procurement centers, financial management center, clearing house functions of institutions.
However, not all Chinese FDI does not have to resist, said Zhang Xiaoqiang, the Chinese government will stick to improve the quality of using foreign capital to continue to strictly control the two high and one foreign-funded investment projects, "and we do not agree to such items from China's coastal areas to the transfer of the Mainland China. "
The promotion of FDI in the third, the will come from the Chinese government decentralization. Zhang Xiaoqiang said that the Chinese government is considering a significant decentralization of the local foreign investment project approval authority, at the same time, foreign investors will also guide domestic enterprises to participate in the transformation of the system to encourage and guide foreign venture capital institutions and venture capital institutions in China to increase such cooperation.
Jul. 6, 2009
Zhang Xiaoqiang said that the Chinese government will be combined with dozens of domestic industrial restructuring and revitalization of the planning, improve the foreign investment in the industry-oriented policies to encourage foreign businessmen to invest in new energy industries, advanced manufacturing, high-tech industries, infrastructure construction, energy conservation and environmental protection and modern services industries, and encourage the establishment of a number of multinational corporations in China headquarters, R & D centers, procurement centers, financial management center, clearing house functions of institutions.
However, not all Chinese FDI does not have to resist, said Zhang Xiaoqiang, the Chinese government will stick to improve the quality of using foreign capital to continue to strictly control the two high and one foreign-funded investment projects, "and we do not agree to such items from China's coastal areas to the transfer of the Mainland China. "
The promotion of FDI in the third, the will come from the Chinese government decentralization. Zhang Xiaoqiang said that the Chinese government is considering a significant decentralization of the local foreign investment project approval authority, at the same time, foreign investors will also guide domestic enterprises to participate in the transformation of the system to encourage and guide foreign venture capital institutions and venture capital institutions in China to increase such cooperation.
Jul. 6, 2009
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