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Hanwha SolarOne
Hanwha Qcells (commonly known as simply Qcells) is a major manufacturer of photovoltaic cells. The company is headquartered in Seoul, South Korea, after being founded in 1999 in Bitterfeld-Wolfen, Germany, where the company still has its engineering offices. Qcells was purchased out of bankruptcy in August 2012 by the Hanwha Group, a South Korean business conglomerate. Qcells now operates as a subsidiary of Hanwha Solutions, the group's energy and petrochemical company. Qcells has manufacturing facilities in China, Malaysia, South Korea, and the United States. The company was the List of photovoltaics companies, sixth-largest producer of solar cells in 2019, with shipments totalling 7.3 gigawatts. History In 1999, Anton Milner, Reiner Lemoine, Holger Feist, and Paul Grunow established Qcells in an area of Thalheim, Saxony-Anhalt, a part of former East Germany that had seen 50,000 people lose their jobs after German reunification. On 23 July 2001, the company produced its firs ...
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Bitterfeld-Wolfen
Bitterfeld-Wolfen () is a town in the district Anhalt-Bitterfeld, Saxony-Anhalt, Germany. It is situated in south-eastern Saxony-Anhalt, west of the river Mulde, in an area that is dominated by heavy industry and lignite mining. The town was formed by merger of the towns Bitterfeld and Wolfen and the municipalities Greppin, Holzweißig and Thalheim on 1 July 2007. Geography Bitterfeld-Wolfen is northeast of Halle (Saale) and about north of Leipzig. Eastward lies the Muldestausee lake, southward the Goitzsche lake with docks, and westwards the lido of Sandersdorf. The town lies in a nature preserve, Bitterfelder Bergbaurevier. Neighbouring municipalities Adjoining municipalities are from the north and clockwise Raguhn-Jeßnitz, Muldestausee, Delitzsch, Sandersdorf-Brehna and Zörbig. Climate The average air temperature in Bitterfeld is and the yearly rainfall . History Town fusion On 1 July 2007 the independent towns Wolfen and Bitterfeld and the municipalities Greppin, T ...
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The Korea Times
''The Korea Times'' is the oldest of three English-language newspapers published daily in South Korea. It is a sister paper of the ''Hankook Ilbo'', a major Korean language daily; both are owned by Dongwha Enterprise, a wood-based manufacturer. Since the late 1950s, it had been published by the Hankook Ilbo Media Group, but following an embezzlement scandal in 2013–2014 it was sold to Dongwha Group, which also acquired ''Hankook Ilbo''. The president-publisher of ''The Korea Times'' is Oh Young-jin. Former Korean President Kim Dae-jung famously taught himself English by reading ''The Korea Times''. Newspaper headquarters The newspaper's headquarters is located in the same building with ''Hankook Ilbo'' on Sejong-daero between Sungnyemun and Seoul Station in Seoul, South Korea. The publication also hosts major operations in New York City and Los Angeles. History ''The Korea Times'' was founded by Helen Kim five months into the 1950-53 Korean War. The first issue on November ...
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Great Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. ...
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Hanergy
Hanergy Holding Group Ltd. (Hanergy) is a Chinese multinational company headquartered in Beijing. The company is focusing on thin-film solar value chain, including manufacturing and solar parks development. It also owns the Jinanqiao Hydroelectric Power Station and two wind farms. Hanergy is founded and controlled by Li Hejun. After entering the thin film solar industry, Hanergy and its subsidiaries were featured in the list of 50 Smartest Companies by ''MIT Technology Review'' from 2012 to 2014. History Hanergy was founded in September 1989 by Li Hejun, under the name Yuancheng Pulisen Investment Co., Ltd. It changed its name to Hetaihe Economic and Trade Development Co., Ltd. and then Huarui Group, before settling on Hanergy Holding Group in August 2008. After its founding in 1989, Hanergy was involved in an electronic components business. In 2000, it started the development of the Guangdong Mujing Hydroelectric Power Station, which has an installed capacity of 30  ...
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Solibro
Hanergy Holding Group Ltd. (Hanergy) is a Chinese multinational company headquartered in Beijing. The company is focusing on thin-film solar value chain, including manufacturing and solar parks development. It also owns the Jinanqiao Hydroelectric Power Station and two wind farms. Hanergy is founded and controlled by Li Hejun. After entering the thin film solar industry, Hanergy and its subsidiaries were featured in the list of 50 Smartest Companies by ''MIT Technology Review'' from 2012 to 2014. History Hanergy was founded in September 1989 by Li Hejun, under the name Yuancheng Pulisen Investment Co., Ltd. It changed its name to Hetaihe Economic and Trade Development Co., Ltd. and then Huarui Group, before settling on Hanergy Holding Group in August 2008. After its founding in 1989, Hanergy was involved in an electronic components business. In 2000, it started the development of the Guangdong Mujing Hydroelectric Power Station, which has an installed capacity of 30  ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ...
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Renewable Energy Corporation
The Renewable Energy Corporation (REC) is a solar power company with headquarters in Singapore. REC produces silicon materials for photovoltaics (PV) applications and multicrystalline wafers, as well as solar cells and modules. It is a wholly-owned subsidiary of Reliance New Energy Solar. The previous parent company of REC was ChemChina, one of the largest chemical companies and state-owned by the People's Republic of China, which held its stake in Elkem since 2015 through the China National Bluestar Group. The purchase price was 490 million euros. On 10 October 2021, Indian conglomerate Reliance Industries announced that its subsidiary, Reliance New Energy Solar Ltd, had acquired complete control of REC from China National Bluestar Group for US$771 million. History The predecessor of today's company was established in 1996 under the name Fornybar Energi AS. Today's company is a result of a fusion in September 2000 between ScanWafer AS, SolEnergy AS and Fornybar Energi AS. I ...
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The Blade (Toledo, Ohio)
''The Blade'', also known as the ''Toledo Blade'', is a newspaper in Toledo, Ohio published daily online and printed Thursday and Sunday by Block Communications. The newspaper was first published on December 19, 1835. Overview The first issue of what was then the ''Toledo Blade'' was printed on December 19, 1835. It has been published daily since 1848 and is the oldest continuously run business in Toledo. David Ross Locke gained national fame for the paper during the Civil War era by writing under the pen name Petroleum V. Nasby. Under this name, he wrote satires ranging on topics from slavery, to the Civil War, to temperance. President Abraham Lincoln was fond of the Nasby satires and sometimes quoted them. In 1867 Locke bought the ''Toledo Blade''. The paper dropped "Toledo" from its masthead in 1960. In 2004 ''The Blade'' won the Pulitzer Prize for Investigative Reporting with a series of stories entitled "Buried Secrets, Brutal Truths". The story brought to light the stor ...
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CdTe PV
Cadmium telluride (CdTe) photovoltaics is a photovoltaic (PV) technology based on the use of cadmium telluride in a thin semiconductor layer designed to absorb and convert sunlight into electricity. Cadmium telluride PV is the only thin film technology with lower costs than conventional solar cells made of crystalline silicon in multi-kilowatt systems.K. Zweibel, J. Mason, V. Fthenakis,A Solar Grand Plan, ''Scientific American'', Jan 2008. CdTe PV is the cheapest example of PV technologies and prices are about 16¢/kWh with US Southwest sunlight. , on a lifecycle basis, CdTe PV has the smallest carbon footprint, lowest water use and shortest energy payback time of any current photo voltaic technology. CdTe's energy payback time of less than a year allows for faster carbon reductions without short-term energy deficits. The toxicity of cadmium is an environmental concern during production and when the panels are disposed of. Some of this might be mitigated by recycling of CdT ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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Frankfurt Stock Exchange
The Frankfurt Stock Exchange (german: link=no, Börse Frankfurt, former German name – FWB) is the world's 12th largest stock exchange by market capitalization. It has operations from 8:00 am to 10:00 pm ( German time). Organisation Located in Frankfurt, Germany, the Frankfurt Stock Exchange is owned and operated by Deutsche Börse AG and Börse Frankfurt Zertifikate AG. It is located in the district of Innenstadt and within the central business district known as Bankenviertel. With 90 percent of its turnover generated in Germany, namely at the two trading venues Xetra and Börse Frankfurt, the Frankfurt Stock Exchange is the largest of the seven regional securities exchanges in Germany. The trading indices are DAX, DAXplus, CDAX, DivDAX, LDAX, MDAX, SDAX, TecDAX, VDAX and EuroStoxx 50. Trading venues Xetra and Börse Frankfurt Through its Deutsche Börse Cash Market business section, Deutsche Börse AG now operates two trading venues at the Frankfurt Stock Exchan ...
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