China’s world-leading solar, battery and electric vehicle companies have sharply increased foreign investment plans in recent years, pledging more than $210 billion since 2022, according to new research. Chinese companies are expanding their supply chains abroad to capture new markets, avoid tariffs and get closer to sources of raw materials, Johns Hopkins University’s Net Zero…
CPIA solicits industry feedback on draft amendment to China’s pricing law The China Photovoltaic Industry Association (CPIA) is soliciting feedback from PV companies regarding the Draft Amendment to the Pricing Law of the People’s Republic of China. The draft, released in July by the National Development and Reform Commission (NDRC) and the State Administration for…
Trina Storage completes smart factory upgrade Trina Storage, the energy storage subsidiary of Trinasolar, has completed the upgrade of its smart integration factory in Chuzhou, Anhui Province. The company’s focus with this upgrade was to enhance production quality. According to Trina Storage, it has now automated key processes such as cell manufacturing, intelligent module assembly,…
A few days after Donald Trump signed the One Big Beautiful Bill that ended most subsidies for renewable energy, among many other things, the leading artificial intelligence (AI) company, Nvidia Corporation, became the first to pass $US4 trillion ($6.08 trillion) in value. And a few days after that, on Thursday, Bitcoin hit a new record…
Last April, Xi Jinping, president of the People’s Republic of China, said in a speech that in the past five years, China has built “the world’s largest and most complete new energy industry chain.” That was no idle boast. While much of the focus has been on solar, China is also a leader in both…
In the House’s version of Trump’s One, Big, Beautiful Bill Act Republicans proposed denying tax credits to clean energy companies whose supply chains contained any ties — big or small — to China. The rules were so administratively and logistically difficult, industry leaders said, that they were effectively the same as killing the tax credits…
THE International Energy Agency said that Southeast Asia’s electricity demand is set to grow at an annual rate of 4 percent by 2035. It said, “Clean energy sources such as wind and solar, alongside modern bioenergy and geothermal power, are projected to meet more than a third of this growth in energy demand in the…
Incoming President Donald Trump will give the S&P 500 an Inauguration Day present, electing to put new tariffs on hold. Instead, Trump is expected to direct federal agencies to evaluate U.S. trade policies and fix shortcomings, The Wall Street Journal reported Monday. S&P 500 futures rose and the U.S. dollar fell on the news. The…
A day after US President Joe Biden warned that Donald Trump’s plan for higher tariffs would be a “major mistake”, his own administration has levied costly new tariffs on imports of critical materials from China. The office of the US trade representative on Wednesday announced that import taxes for solar wafers and polysilicon, an essential…
GCP plans to apply for interconnection with the Midcontinent Independent System Operator (MISO) grid system. Credit: Green & Clean Power/PRNewswire. US-based Green & Clean Power (GCP) has raised $300m in debt and equity financing for the construction of a solar energy generation and battery storage facility in Osceola, Arkansas. The funding includes $165m in construction…