Blogs

Biggest Solar park of India is developed at Gujarat State.India is considered to be aggressive in implementation of Solar Energy Projects now a day. India aims to install 20,000MW of total solar capacity by 2022. The Indian Solar plan, if implemented efficiently and strategically, can put India in the forefront for Green Energy.The details of State wise solar plants installed are summarized as under.  From above it is seen that out of total 540.4MW PV solar plants installed in India, 365.4MW is installed at Gujarat. i.e. about 67.61% which shows the potential for solar plants at ...

In Private Letter Ruling 201214007 issued on April 6, 2012, the IRS ruled that where a taxpayer purchased wind energy facilities accompanied by facility-specific power purchase agreements (“PPAs”), no portion of the purchase price need be allocated to the PPAs as a separate asset. Instead, the consideration attributable to the PPAs could be capitalized into the tax basis of the facilities themselves. The result is favorable for acquirers of renewable energy facilities seeking to take advantage of accelerated MACRS depreciation deductions and the investment tax credit (“ITC”) because it ...

On March 9, top executives from Shui On Group visited OnGreen as part of the ongoing “Meet the Investor Series.” General Manager David Nieh, General Manager Richard Tan, and Senior Manager Erin Wang presented before a group of cleantech entrepreneurs at OnGreen Headquarters in Altadena. CEO Nikhil R. Jain, Director of Global Strategy Tony Zhang, and Associate Alex Mokover were on hand from OnGreen. After introductions from the entrepreneurs and OnGreen hosts, the Shui On delegation gave their unique perspective on the much-hyped intersection between American and Chinese cleantech ...

OnGreen is part of the consortium of research institutions and business organizations, including Caltech, UCLA, USC, Chapman University and the Rady School of Management at UC San Diego selected by the US Department of Energy to receive a grant in order to create a clean-energy entrepreneurial competition in the western United States. More information can be found here: http://features.caltech.edu/features/239 --nrj

OnGreen was recently quoted in a Memorandum for the National Science & Technology Council Committee on Technology by Aneesh Chopra, US Chief Technology OfficerAnd Associate Director for Technology, Office of Science & Technology Policy. "To spur innovation in a clean energy economy, OnGreen, an online marketplace that connects entrepreneurs and investors interested in CleanTech intellectual property, has added value to a subset of patents by indexing them with an ontology consisting of 246 green technology categories and enabling social networking features to accelerate ...

On the final leg of the Venture Roadshow: Gateway to China, OnGreen signed a Memorandum of Understanding with Knowledge Innovation Community / Shui On Land at the exclusive One Xindianti Club in Shanghai. The Mayor of Los Angeles, Antonio Villaraigosa, was the honorary keynote speaker.

Great video by the Los Angeles Mayor, Antonio Villaraigosa, mentoning theONGreen Roadshow II from December 5 - 9, 2011 in Beijing, Chongqing and Shanghai.

Congratulations to Jason Prescott, CEO of TopTenWholesale/Manufacturer.com, for signing a Memoradum of Understanding (MoU) between the City of Jiaozhou and Manufacturer.com and China Mart Los Angeles during theBeijing leg of OnGreen's Venture Roadshow with the Mayor of Los Angeles, Antonio Villaraigosa. The MoU will create create more bobs and boost foreign investment in te city of Los Angeles. The complete press release can be found at: http://www.toptenwholesale.com/news/jason-prescott-joins-los-angeles-may... nrj  

The Mayor of Los Angeles, Antonio Villaraigosa, stopped by the OnGreen Roadshow II in Chongqing today (December 7, 2011) to meet with the participants and talk about the importance of cross border technology commercialization. Great job by the entire OnGreen team in oulling off another successful roadshow in China. --nrj