With green technology and solar energy growing buzz words in the industry, Panasonic is taking steps to expand its production of solar panels. The company said this week that it will spend 9.5 billion yen to expand production lines at two factories in Japan. The move will add 150 megawatts a year in combined capacity.
Oil baron and CEO of Continental Resources, Harold Hamm, tried to get scientists at the University of Oklahoma fired over their earthquake research, according to a Bloomberg report. Hamm is a major donor to the university, which is the home of the Oklahoma Geological Survey. The survey scientists were studying links between oil and gas activity and the state's nearly 400-fold in earthquakes.
China has surged ahead in solar installations, leaving all other countries in the world far behind in its wake. The country, the world's biggest energy consumer, has covered one third of the way towards reaching its ambitious target of attaining 100 gigawatts of installed solar capacity by 2020.