SolarWorld AG (FRA:SWV)(PINK:SRWRF) has commissioned its first manufacturing facility for solar power modules in Asia together with its Korean joint venture partner SolarPark Engineering Co. Ltd.
BG Group plc ("BG Group")(LON:BG) today announced that on Monday 8 December its wholly-owned subsidiary BG International (AUS) Investments Pty Limited ("BG AUS") intends to commence the compulsory acquisition of the remaining shares in Queensland Gas Company Limited ("QGC")(ASX:QGC) which it does not already own.
BG Group plc (LON:BG) announces that its wholly-owned subsidiary BG International (AUS) Investments Pty Limited ("BG AUS") has at the close of trading on the Australian Securities Exchange on Friday, 14 November acquired a relevant interest in more than 90 per cent of Queensland Gas Company Limited (ASX:QGC), under its unconditional on-market takeover bid for QGC.
In 2007, China has become the world's largest producer in solar cells and the global output this year reached 4000.5 MWp. It is estimated that nearly 50 companies in China are constructing, expanding or planning Siemens improved production lines of polycrystalline silicon. The overall output is over 100,000 tons; the total investment is RMB 100 billion. China produced 1088 MWp solar cells in 2007, exceeding that of Japan (920MWp) and Europe (1062MWp).
Eastern Star Gas (ASX:ESG)(PINK:ESGLF), together with joint venture partner Gastar Exploration Ltd (AMEX:GST)(TSE:YGA), is pleased to announce that results of the Edgeroi‑1 corehole have confirmed the northern extension of Bohena Coal Seam development.
BG Group plc ("BG Group")(LON:BG) and Queensland Gas Company Limited (ASX:QGC)(PINK:QGSCF) announced that, in the course of an ongoing recommended on-market takeover bid for QGC, BG Group had obtained majority control of QGC, with a relevant interest* in 495 million shares representing 52.06 per cent of the issued share capital of the Company.
This morning shortly after open the Australia market has joined the rally with S&P/ASX200 up 4.3%, or 162.7 points, to 3957.3 points. Yesterday Australian shares suffered their fifth consecutive day of losses, hitting fresh four-year lows, as falls by the big banks eclipsed gains by miners. At the close, the benchmark S&P/ASX200 share index was down 14.6 points, or 0.4%, to 3794.6, recovering from an earlier drop of as much as 2.2%. Analysts expected the next few weeks ahead a relief period.
