Suntech Power Holdings Co Ltd is China’s biggest maker of solar panels. They plan to invest the equivalent of $393 million for a 1 GW production capacity that they will set up in Shanghai. This is because of the rising demand for solar panels in the next three years.

It has been reported that the subsidies for German solar power will be reduced, resulting in fewer demands by the third quarter. However, the Chairman of Suntech, Zhengrong Shi, pointed out that this does not affect the overall attractiveness of solar power demand for Germany. Even more than that, the demands from the United States and other countries are growing quickly.

Suntech can no longer keep up with the demand, they are short capacity-wise, and the clients need more than they can give. That’s why they need to respond with huge investments. In fact, they stated that they do not feel effect of subsidies reduction from Germany.

Suntech even predicts that Germany’s market growth for solar cells will reach around 70 percent, while it will double in the United States. The company intends to complete the 1.4 GW production within this year, and by the end of June, the new Shanghai plant’s initial phase will be completed.

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Post tags: China, initial phase, Investments, shanghai plant, solar cells, solar power, subsidies, suntech power holdings

General Motors Company goes public with General Motors Ventures LLC – a venture capital subsidiary designed to help the company identify, design and develop new innovative technologies. General Motors Ventures LLC will be led by Jon Lauckner – GM’s vice president for global product planning, effective July 1.

The initial fund for this venture is $100 million; this will be used for “exploring equity investments in a number of auto?related technologies and business models.”

General Motors was one of the automakers hit by the recession is showing signs of strength. The company last month had a total income of $865 million in the first three months of the year and generated a billion in cash. Domestic sales of its four brands jumped to 32% in May, showing a more demand for crossovers and cars.

This new subsidiary will be launching small investments initially to benefit start-up companies. It is said that the system belonging to the assets will most probably vary and the GM Venture Capital could consider ownership stakes in their finances.

Currently, GM is owned by the U.S. government by 61 percent. The Treasury Department had been informed of the plans to set up the subsidiary but did not request for authorization. In 2008, GM became cash-strapped and they sought $50 billion US government support to prevent bankruptcy. It has since repaid $6.7 billion and the rest of the money is expected to be paid back when GM will be able to offer stocks to the public in the next few months.

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Post tags: bankruptcy, equity investments, general motors, GM Ventures LLC, Investments, recession, treasury department, venture capital subsidiary

Today the internet is teaming with opportunities to making money at home. This article will serve as a guide to making money at home in simple easy ways without any upfront investments.

1. Online surveys: Marketing research firms are often trying to get customer opinions on their products and services and will pay you for your opinions which are collected through online surveys.

2. Affiliate Marketing: You can choose to promote products in any niche that you are comfortable with, if you know how to do affiliate marketing successfully. Even if you are new to the field, there are several resources online that can guide you to making money at home through affiliate marketing.

Guide to Making Money at Home

3. Freelancing: This is another great way to make money at home. You can offer to freelance for multiple clients at the same time thus increasing your earning potential. Freelance jobs range from data entry jobs, medical coding jobs to high end consulting jobs and if you have the right talent, you can make a lot of money through freelancing for online jobs.

4. Sell Your Products: If you have an entrepreneurial streak in you, you can choose to start your own online business. You need to build a website and take the necessary steps to successfully market your online business. Once you are able to drive targeted prospective customers to your site, then you can earn revenue by selling your products online. There are several options for this – if you have a creative bend of mind you can sell some artistic products, if you are more technically oriented, maybe website building services would be a better idea. The quality of your products and customer service should be good because it is likely to be discussed in several online forums and that would determine the continued success or failure of your attempts at making money at home.

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Post tags: Investments, Money Making Guide, Work@home