investment

  • Germany invests $47 billion in offshore wind farms

    The German government today announced plans to build 30 wind farms in the North and Baltic Sea north of Germany. Each facility will cost $1.57 billion. The first farm will become reality this year. By 2030, a total of 25,000 megawatts are supposed to be produced when the grid of interconnected wind farms is finalized. With the record investment, the German government said it wants to increase… Read More

  • Shell Japan to build big solar power panel factory

    The Japanese have a growing interest in solar power, it seems. Today Showa Shell Sekiyu, a Japanese subsidiary of Shell, said [JP] it will set up one of the world’s biggest plants for manufacturing solar power panels starting in 2011. Showa Shell Sekiyu is Japan’s fifth biggest oil distributor. The company said it is willing to invest $940 million into the factory, the location… Read More

  • Sony to boost production of TVs with FED technology

    Field Emission Technologies, a Sony affiliate, is preparing to mass-produce a new kind of flat panel starting 2009. Sony owns 37.8 percent of the company. The so-called FEDs (field emission displays) offer higher picture quality than LCDs. Backlighting FEDs is not necessary so that they are said to be twice as energy-efficient as LCDs. While Sony’s first OLED-TV, the XEL-1, measures… Read More

  • Facebook to ink deal with either Microsoft or Google in next 48 hours says NY Post

    Facebook will accept an offer from either Microsoft or Google within the next 24 to 48 hours, according to the New York Post. Both companies are looking to sink between $750 million and $1.5 billion dollars into the site. The Post didn’t give odds or anything, but said that if Google wins it’ll look to undo the ad deal that Facebook struck with Microsoft earlier in the year. Read More

  • Upcoming Mashup and Library House events

    I think it was only towards the end of last year that Simon Grice’s etribes-backed panel and networking event started, but it quickly became one of the handful of good places to go and “talk Web 2.0″ in London. It’s no coincidence I guess that etribes relaunched soon after mashup got going. The next mashup event is on 13th December (Wednesday), in central London. The… Read More