The World's Largest Solar Power Plant Built

Recently, in southern Portugal amareleja, the world's largest solar power plant built. According to the Portuguese official said, Mora nearing completion of the solar power plant will be the world's largest solar power plant. This power plant is equipped with 2,500 large solar panels, built a total generating capacity up to 46.41 MW.

Source: 中国质量报 May. 7, 2008

JP Morgan Subscription LDK Solar 400 Million U.S. Dollars Bonds

April 29, the international market value of one of the largest photovoltaic SinoVideo LDK president and chief operating officer Tong Xingxue an interview, said, the company spent five days sold the 400 million U.S. dollars of convertible senior bonds.

For subscription targets, Tong Xingxue said that due to sign a confidentiality agreement not be disclosed. But according to another New York investment bank disclosed that the bond is one of the subscription, JP MORGAN. Then press JP Morgan Shanghai representative office to confirm the news, JP Morgan confirmed the one who really matter.

It is reported that the bond issuance will be used primarily to repurchase company American depositary shares, investment companies and the construction of polycrystalline silicon wafer production capacity expansion, SinoVideo LDK is under construction and 16,000 tons of polysilicon project.

According to informed sources, JP Morgan has been in service for tracking domestic photovoltaic industry, and according to different industry sectors for refining division, with a view to timely grasp opportunities for cooperation with domestic enterprises. JP Morgan currently is actively contact the relevant parties to be listed photovoltaic domestic enterprises, may help to achieve its offshore listing.

Source: 证券日报 May. 6, 2008

Japan Government Announced Environmental Energy Technology Innovation Draft Plan

Japan government integrated science and technology conference recently released environmental energy technology innovation draft plan, including the development of hydrogen fuel aircraft and automatic, such as driving a motor vehicle.

Bill proposed to address climate change and environmental development of new energy technologies in the short-and long-term measures. Among them, 2030 years ago in short-term measures include increasing the efficiency of thermal power generation and other content, target is to increase carbon dioxide emissions can be reduced level of skills; 2030-2050 in the medium and long term measures including the development of a new generation of solar energy technology, hydrogen fuel Aircraft and to ease the traffic jams of cars and so on autopilot.

According to reports, the draft summary of the views, as the Japan government to address climate change and energy issues one of the concept, will be submitted to July this year in Japan at the G-8 Summit.

Source: 经济参考报 May. 5, 2008