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Made in India: Havells Looks Beyond Electricals
More than a year after it acquired the consumer durables business of Lloyd Electric & Engineering, Havells has firmed up plans to expand its horizons. POWER TODAY takes an overview of the strategy of one of the country's leading electricals players in also becoming a big boy of electronics.
Consumer Durables, Havells, Lloyd Electric, Engineering, Electricals, HBC, Bombay Stock Exchange, Switchgear, Cables, Lighting, MSME, Sylvania Lighting International, Anil Rai Gupta, IBEF, Samsung
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SOLAR GETS $1.7 BILLION Funding IN Q2
Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for the solar sector in the second quarter (Q2) of 2016.
Mercom Capital Group, Residential, Commercial Funds, Clean Energy, M&A, Sol Voltaics, Tigo Energy, Silicon Ranch, Kathu CSP Solar Project, Connor, Clark, Lunn Infrastructure, Samsung Renewable Energy, Six Nations, Grand River Development
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Seajacks, Samsung to build largest offshore wind vessel
To build the world’s largest and most advanced offshore wind farm installation vessel Seajacks International has entered into a contract with Samsung Heavy Industries. The vessel has been specifically designed to meet the demands associated with working UK Round 3, Scottish territorial waters and the other North West European markets.
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Seajacks, Samsung to build largest offshore wind vessel
To build the world’s largest and most advanced offshore wind farm installation vessel Seajacks International has entered into a contract with Samsung Heavy Industries. The vessel has been specifically designed to meet the demands associated with working UK Round 3, Scottish territorial waters and the other North West European markets.
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Samsung SDI sees $70 bn solar cell market by 2020
South Korea’s Samsung SDI said that it expects the global solar cell market to be worth $70 billion by 2020, more than double last year’s $30 billion with falling prices and government support expected to drive demand globally. A company spokesperson said that a growing aversion to nuclear power after the radiation crisis in Japan and rising oil prices would lift demand for solar energy.
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Saudi Electric Co to ink SAR 10.7 billion contract
Saudi Electricity Company or SEC, the largest listed utility in the Gulf, said that it will sign a 10.7 billion Saudi riyals ($2.85 billion) contract for the construction of its Qurayyah power plant in the eastern city of Khobar. The deal will be signed with a consortium that includes South Korea’s Samsung C&T Corp.
Saudi Electricity Company, Gulf, Qurayyah Power Plant, Khobar, South Korea, Samsung C&T Corp, Acwa Power Projects, MENA Fund, Al-Qurayyah, Saudi Arabia, Government, HSBC, Deutsche Bank, US
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Samsung SDI sees $70 bn solar cell market by 2020
South Korea’s Samsung SDI said that it expects the global solar cell market to be worth $70 billion by 2020, more than double last year’s $30 billion with falling prices and government support expected to drive demand globally. A company spokesperson said that a growing aversion to nuclear power after the radiation crisis in Japan and rising oil prices would lift demand for solar energy.
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