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The Chinese IT spending is anticipated to reach US$ 216.7 Billion in 2010, representing significant growth opportunities for technology and service providers. According to Gartner, IT spending by enterprises and consumers in China is projected to reach the figure of US$ 216.7 Billion in 2010, exhibiting good opportunities for technology and service providers. This represents an increase of 5.9% from US$ 205 Billion in 2009, as reported by   ... Read more
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Solar Energy Generation Capacity to Double Next Year
11 Aug, 2009
Solar power energy generation capacity is likely to get doubled next year due to higher demand for clean energy by the US and Europe. With higher demand for clean energy by the US and China, new solar power generation is expected to get doubled next year that indicates to the recovery from low ...Read more

UK On the Verge of Witnessing Energy Crisis
15 Jul, 2009
If timely and effective measures are not adopted, UK may soon face energy crisis as investment in North Sea oil and gas sector is drying up. The enormous potential of vast reserves of the North Sea may remain untapped for ever with UK\'s oil and gas sector slipping into the grip of an energy ...Read more

Taiwan Legislative Body Passed Renewable Energy Development Act
24 Jun, 2009
Taiwan has passed the Renewable Energy Development Act to take clean energy production to higher level by increasing investment, giving incentives and making regulations more flexible. The legislative body of Taiwan passed a statute in the second week of June 2009 to promote the development of ...Read more

China to Approve Plans for New Energy
11 Jun, 2009
China is focusing strongly on the development of new energy industry as it is having enough potential to revive the shrinking economy of the country. China is bolstering the development of new energy industry. An official from the National Energy Administration revealed that a draft plan in this ...Read more

Australia Proposes to Invest $1.3 Billion in Solar Power Projects
30 May, 2009
Australian government is planning to invest around $1.3 Billion in solar power projects to harness the country’s favorable climatic conditions. The Federal government of Australia is planning to harness the sunny climate of the country by making an investment of around $1.3 Billion in solar ...Read more

KVGB to Light Up Rural India with “Solar Villages” Project
28 May, 2009
Karnataka Vikas Grameen Bank is planning to convert 80 Indian villages into “solar villages”, covering an estimated 10,000 houses under the project by the end of 2009. Karnataka Vikas Grameen Bank (KVGB), headquartered in Dharwad, is now looking forward to develop 80 villages as ...Read more

China’s Wind Power Generation Capacity to Reach 100 GW by 2020
26 May, 2009
China is expected to increase its wind power generation capacity to 100 Gigawatts by 2020 to meet its soaring energy demand and to address the environmental concerns. Fang Junshi, Head of the Coal Department of the National Energy Administration, said the wind power generation capacity of China ...Read more

Russian Biofuel Industry Set to Reign European Market
18 May, 2009
Europe is expected to become the potential market for Russia’s biofuel industry as it has abundant biofuel resources to meet the growing demand in the continent. Pyotr Kanygin, CEO, Russia’s Biotechnology Corp., noted that Europe could prove to be a big market for Russia’s ...Read more

Global Oil Industry Needs Investment to Attain Price Stability
12 May, 2009
There is a high need for robust investment in the oil sector to evade the increase in oil prices worldwide, as the demand from developing countries will rise considerably. According to the statement of the UAE’s Minister of Energy, Mohammad Bin Dhaen Al Hameli, to save the world from yet ...Read more

UAE Focusing on Nuclear Energy Development
05 May, 2009
With rising energy demand and environmental concerns, the UAE has become more focused on the development of nuclear energy for address the future energy needs. ESR Technology, an engineering, safety and risk management consultancy, has said that a new industry is gradually emerging around, which ...Read more

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