Tag: agreement

Marubeni and Mainstream Renewable Power Agree EURO 100 million Equity Investment

(WK-intern) - Global wind and solar developer, Mainstream Renewable Power and Japanese Trading Company Marubeni Corporation today agreed a €100 million equity investment deal which sees Marubeni gaining a circa 25% holding in Mainstream. The deal, which is subject to shareholder approval, represents the largest single equity investment in the company’s five and a half year history. As part of the agreement Marubeni obtains the right to representation on the Mainstream Board of Directors alongside Barclays which invested in the company in 2008. The deal signifies a long-term strategic alliance for both companies which will see them working closely together to accelerate

DuPont and GD Solar Sign Strategic Cooperation Agreement

(WK-intern) - Collaboration to Advance Photovoltaic Technology, Improve Solar Power Output, Quality and Reliability SHANGHAI – DuPont China Holding Co., Ltd. (DuPont) and GD Solar Co., Ltd. (GD Solar) today signed a strategic cooperation agreement focused on collaboration to improve the power output, quality and reliability of solar energy systems to meet the world’s growing energy needs. Under the agreement, DuPont will collaborate with GD Solar on the research and development of materials applied to GD Solar panels and systems.  DuPont will supply key photovoltaic materials and work with GD Solar to optimize their performance and application for high-efficiency solar cells and

DNV has, as part of a strategic partnership with StormGeo

Oslo/Bergen: DNV has, as part of a strategic partnership with StormGeo, acquired the right to purchase 22,6 % of StormGeo’s shares through a mutually convertible capital issue, putting their weight behind a world-leading meteorology and risk assessment company. Bjørn K. Haugland, Chief Technology and Sustainability Officer of DNV Group will join the Board of Directors of StormGeo. The core focus of StormGeo will remain within the fields of oil exploration, renewable energy as well as shipping, media and aviation. Following strong growth since inception in 1998, StormGeo currently operates out of 12 offices in 9 countries. The agreement with DNV will effectively

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