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ITOCHU Acquires Solar Depot

Petaluma, California [] ITOCHU Corporation, jointly with ITOCHU International Inc., has agreed to acquire the business of California-based Solar Depot, Inc., a wholesale distributor and systems integrator of solar electric and solar thermal systems. Solar Depot will be operated as a 100% subsidiary of ITOCHU with immediate effect. ITOCHU Corporation is a diverse global trading company headquartered in Tokyo with annual revenues of more than $22 billion. ITOCHU Machinery Group has been supplying manufacturing equipment to solar module manufacturers globally for several years. After the acquisition, ITOCHU will aggressively develop Solar Depot's business throughout the U.S. market and expand the business to increase the supply of solar power modules, cooperate with module manufacturers. Through these activities, ITOCHU plans to grow its solar power-related annual business volume to $1 billion globally by the year 2010.


Orkney Marine Hydrokinetics Test Sites Prepare To Use Hybrid EMECOFS

Gregory B. Poindexter Wave and tidal energy research test facilities that the European Marine Energy Centre (EMEC) operates in Orkney, Scotland, will utilize a hybrid operational forecast system (OFS) to manage its marine hydrokinetics (MHK) ope...

NHA Recognizes Five Companies as Outstanding Stewards of America's Waters

Five companies have been recognized by the National Hydropower Association as recipients of its Outstanding Stewards of America's Water awards program for positive excellence in recreational, historical, environmental or ed...

Karot in Pakistan To Be First Hydropower Project Financed By China’s Silk Road Fund

Elizabeth Ingram The 720-MW Karot hydropower project in Pakistan will be the first project financed by China’s $40 billion Silk Road Fund, according to "The New York Times."

Musk Plots Energy Storage Fix Where Utility Industry Failed

Mark Chediak and Dana Hull, Bloomberg Billionaire Elon Musk thinks he can pave the way to a better energy future by turning the mattress-shaped batteries in Tesla’s electric car into upright pillars so they can be used to power homes, businesses and even utilit...


Volume 18, Issue 3


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