Shares of India’s solar manufacturing plays rebounded sharply on Monday, with Waaree Energies and Premier Energies climbing up to 5% after weeks of bruising losses, as investors reacted to a policy shift in China that could ease pricing pressure across the global solar supply chain and revive interest in beaten-down sector leaders. Waaree Energies surged…
Weeks after China unveiled its lightweight but powerful Type 100 main battle tank featuring diesel-electric propulsion, the US Army’s pursuit of a similar design for a hybrid-electric next-generation version of the Abrams tank faces a new strategic hurdle. Beijing has imposed export controls on the advanced lithium batteries critical for powering such next-generation military systems,…
China’s clean technology is “becoming the basis of the new energy system” around the world, with the country’s monthly green tech exports hitting a record US$20 billion in August, a European think tank said. As China brings down the prices of technologies like batteries and photovoltaic solar panels, sales are surging in countries across Southeast…