Posts tagged ‘Luxembourg’

25/02/2014

EDF-Backed Acme Starts 25-Megawatt Solar Plant in India – Businessweek

Acme Solar Energy Ltd., backed by Electricite de France SA’s renewable unit, started generating power from a 25-megawatt solar plant in central India.

Map of India showing location of Madhya Pradesh

Map of India showing location of Madhya Pradesh (Photo credit: Wikipedia)

The completion of the project in Khilchipur, Madhya Pradesh state, more than doubles Acme Solar’s photovoltaic holdings to 43 megawatts, the company said by e-mail.

The developer, a venture between EDF Energies Nouvelles, Luxembourg-based Eren Groupe SA and India’s Acme Group, plans to jointly develop 200 megawatts of solar capacity.

via EDF-Backed Acme Starts 25-Megawatt Solar Plant in India – Businessweek.

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04/01/2013

* China’s investment in UK will be ‘explosive’

United Kingdom

United Kingdom (Photo credit: stumayhew)

China Daily: “China’s investment in the United Kingdom will continue its “explosive” growth, with high-end manufacturing and infrastructure leading the way, a senior diplomat predicted.

“The UK is the most open economy, and also the most market-oriented,” in Europe, said Zhou Xiaoming, minister counselor of the Chinese embassy in the UK.

Chinese companies have been answering the call from some members of the European Union for capital.

In 2011, the UK was the third-largest EU destination for Chinese investment, following Luxembourg and France, according to the Ministry of Commerce.

China’s overseas direct investment in the UK in 2011 was $2.5 billion, it said.

But Zhou said the real figure was far more as Chinese overall investment in the UK experienced “explosive” growth.

“It is estimated that the Chinese capital that flew into the country in 2011 reached $6.5 billion,” said Zhou.”

via China’s investment in UK will be ‘explosive’ |Economy |chinadaily.com.cn.

See also: https://chindia-alert.org/2012/02/13/pattern-of-chinese-overseas-investments/

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