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Nitol Solar
Nitol Solar Group Ltd. was a vertically integrated company group based in Usolye-Sibirskoye, Russia. The company had two plants and was intended to produce solar-grade polycrystalline silicon from trichlorsilane by Siemens-process for solar energy applications. The company stopped all activities in 2012, fired all employees, went bankrupt, and closed in 2019. The company's facilities were being dismantled in 2022. In 2008 the company was funded by International Finance Corporation (IFC), CHINA Suntech Power Inc, later getting joined by Sberbank and Rosnano (with surety by Alfa-Bank) in 2009. NITOL group also included Usolikhimprom () company that was shut down and dissolved on November 1, 2017 due to bankruptcy as well. The company was labeled as a « second Chernobyl» due to chemical contamination of plant by mercury and others dangerous raw chemical compounds that were left unmanaged. Overview They were valued at $1bn in Jan 2008 The company was founded in 1998 by Dimit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Finance Corporation
The International Finance Corporation (IFC) is an international financial institution headquartered in Washington, D.C. and a member of the World Bank Group that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. It was established in 1956, as the private-sector arm of the World Bank Group, to advance economic development by investing in for-profit and commercial projects for poverty reduction and promoting development. The IFC's stated aim is to create opportunities for people to escape poverty and achieve better living standards by mobilizing financial resources for private enterprise. It offers an array of debt and equity financing services, helps companies face their risk exposures while refraining from participating in a management capacity and advices to companies on making decisions, evaluating their impact on the environment and society, and being responsible. The corporation is assesse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trichlorosilane
Trichlorosilane (TCS) is an inorganic compound with the formula HCl3Si. It is a colourless, volatile liquid. Purified trichlorosilane is the principal precursor to ultrapure silicon in the semiconductor industry. In water, it rapidly decomposes to produce a siloxane polymer while giving off hydrochloric acid. Because of its reactivity and wide availability, it is frequently used in the synthesis of silicon-containing organic compounds. Production Trichlorosilane is produced by treating powdered metallurgical grade silicon with blowing hydrogen chloride at 300 °C in a hydrochlorination process. Hydrogen is also produced, as described in the chemical equation: :Si + 3 HCl → HCl3Si + H2 Yields of 80-90% can be achieved. The main byproducts are silicon tetrachloride (chemical formula SiCl4), hexachlorodisilane (Si2Cl6) and dichlorosilane (H2SiCl2), from which trichlorosilane can be separated by distillation. It is also produced from silicon tetrachloride in a dir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Value Chain
A value chain is a progression of activities that a business or firm performs in order to deliver goods and services of Value (economics), value to an end customer. The concept comes from the field of business management and was first described by Michael Porter in his 1985 best-seller, ''Competitive Advantage: Creating and Sustaining Superior Performance''. According to the OECD Secretary-General , the emergence of global value chains (GVCs) in the late 1990s provided a catalyst for accelerated change in the landscape of international investment and trade, with major, far-reaching consequences on governments as well as enterprises . Role of the business unit According to Porter, the appropriate level for constructing a value chain is the business unit within a business,Michael E. Porter (1985) Competitive advantage: creating and sustaining superior performance. The Free Press not a division (business), business division or the company as a whole. Porter is concerned that analy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mercury (element)
Mercury is a chemical element; it has Symbol (chemistry), symbol Hg and atomic number 80. It is commonly known as quicksilver. A Heavy metal element, heavy, silvery d-block element, mercury is the only metallic element that is known to be liquid at standard temperature and pressure; the only other element that is liquid under these conditions is the halogen bromine, though metals such as caesium, gallium, and rubidium melt just above room temperature. Mercury occurs in deposits throughout the world mostly as cinnabar (mercuric sulfide). The red pigment vermilion is obtained by Mill (grinding), grinding natural cinnabar or synthetic mercuric sulfide. Exposure to mercury and mercury-containing organic compounds is toxic to the nervous system, immune system and kidneys of humans and other animals; mercury poisoning can result from exposure to water-soluble forms of mercury (such as mercuric chloride or methylmercury) either directly or through mechanisms of biomagnification. Mercu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chernobyl Disaster
On 26 April 1986, the no. 4 reactor of the Chernobyl Nuclear Power Plant, located near Pripyat, Ukrainian Soviet Socialist Republic, Ukrainian SSR, Soviet Union (now Ukraine), exploded. With dozens of direct casualties, it is one of only two nuclear energy accidents rated at the maximum severity on the International Nuclear Event Scale, the other being the 2011 Fukushima nuclear accident. The response involved more than Chernobyl liquidators, 500,000 personnel and cost an estimated 18billion Soviet ruble, rubles (about $84.5billion USD in 2025). It remains the worst nuclear disaster and the List of disasters by cost, most expensive disaster in history, with an estimated cost of US$700 billion. The disaster occurred while running a test to simulate cooling the reactor during an accident in blackout conditions. The operators carried out the test despite an accidental drop in reactor power, and due to a design issue, attempting to shut down the reactor in those conditio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alfa-Bank
Alfa-Bank JSC () is the largest of the private banks in Russia. It was founded in 1990 by Russian businessman Mikhail Fridman, who remains the controlling owner. Headquartered in Moscow, it operates in seven countries, providing financial services to 22 million active corporate customers and over 1 million active retail clients as of 2021. On 1 March 2022, Mikhail Fridman and Pyotr Aven left the bank's board of directors after coming under EU sanctions imposed in response to the 2022 Russian invasion of Ukraine. For the same reason, the bank has been sanctioned by US and EU authorities beginning in February 2022 and 2023, respectively. History Timeline: 1990s *1990 – Alfa-Bank founded as a partnership with limited liability by Russian entrepreneur Mikhail Fridman. *1991 – Licence to banking operations received from Central Bank of Russia and first corporate accounts open. *1992 – Central Bank grants more licences for broader activities. Alfa-Bank opens first nostro a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rusnano
Rusnano Group () is a Russian state-established and funded company. The Rusnano Group's mission is to create competitive nanotechnology-based industry in Russia. Rusnano invests directly and through indirect funds into all major knowledge-based areas where nanotechnology is widely implemented: electronics, optics, Telecommunication, telecom, classic and renewable energy, healthcare and biotechnology, materials and metallurgy, engineering and chemistry. In 2020 the government of Russia has merged it with VEB.RF. As of 2017 100% shares of Rusnano were owned by the Russian government. In 2015 Rusnano had 16 investment projects. It invested into about 97 plants and R&D companies in 37 regions of Russia. In 2016 many such enterprises were either dissolved, bankrupted or repurposed (see. below). In 2016 the company was on the verge of bankruptcy significantly Devaluation, devaluating below the Equity (finance), equity levels but managed to recover. In November 2021 trade of company's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sberbank
The Public JSC Sberbank (, initially a contraction of ) is a Russian majority state-owned banking and financial services company headquartered in Moscow. As the Russian successor entity of the State Labor Savings Banks System of the USSR, it was called Sberbank of Russia until 2015, and in 2020 further shortened its brand to Sber. Following the termination of its operations in the European Union in the immediate aftermath of the Russian invasion of Ukraine, its international footprint is primarily in the Commonwealth of Independent States. By 2022, the bank accounted for about a third of all bank assets in Russia. The bank's rise since 1990s is in part due to its close connections to the Russian government. Sberbank has 86 branches and 1 representative office in 79 regions of Russia and 1 foreign country. it was the largest bank in Russia and Eastern Europe, and the third largest in Europe, ranked 60th in the world and first in central and Eastern Europe in ''The Banker''s Top ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Suntech Power
Suntech Power Holdings Co., Ltd. () is a Chinese producer of solar panels, with of annual production capacity by the end of 2011. It is headquartered in Wuxi, Jiangsu. Shunfeng International Clean Energy Limited, a HKSE listed renewable energy investment and Independent Power Producer company, acquired Suntech in 2014 following Suntech's bankruptcy in 2013. With offices or production facilities in every major market, Suntech has delivered more than 13,000,000 solar panels to thousands of companies in more than 80 countries around the world. As the center for the company's global operations, Suntech headquarters, in Wuxi, China, features the world's largest building integrated solar facade. Suntech's fortunes have declined significantly since its peak in 2008, due to a glut in the market for solar products and problems with its investments. In March 2013 it announced a US$541 million bond payment default, becoming the first company from mainland China to default on its US bonds. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Solar Energy
Solar energy is the radiant energy from the Sun's sunlight, light and heat, which can be harnessed using a range of technologies such as solar electricity, solar thermal energy (including solar water heating) and solar architecture. It is an essential source of renewable energy, and its technologies are broadly characterized as either passive solar or active solar depending on how they capture and distribute solar energy or convert it into solar power. Active solar techniques include the use of photovoltaic systems, concentrated solar power, and solar water heating to harness the energy. Passive solar techniques include designing a building for better daylighting (architecture), daylighting, selecting materials with favorable thermal mass or light-dispersing properties, and organizing spaces that ventilation (architecture), naturally circulate air. In 2011, the International Energy Agency said that "the development of affordable, inexhaustible and clean solar energy technolo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Polycrystalline Silicon
Polycrystalline silicon, or multicrystalline silicon, also called polysilicon, poly-Si, or mc-Si, is a high purity, polycrystalline form of silicon, used as a raw material by the solar photovoltaic and electronics industry. Polysilicon is produced from metallurgical grade silicon by a chemical purification process, called the Siemens process. This process involves distillation of volatile silicon compounds, and their decomposition into silicon at high temperatures. An emerging, alternative process of refinement uses a fluidized bed reactor which is lower cost. The photovoltaic industry also produces upgraded metallurgical-grade silicon (UMG-Si), using metallurgical instead of chemical purification processes for lower cost at the expense of purity. When produced for the electronics industry, polysilicon contains impurity levels of less than one part per billion (ppb), while polycrystalline solar grade silicon (SoG-Si) is generally less pure. In the 2010's, production shifted ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
