CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Following the Fed's statement, oil and gold both sold off, as Bernanke struck a more upbeat tone on the economy, she says.» Read More
BERLIN, May 26- German Chancellor Angela Merkel and Chinese Premier Li Keqiang on Sunday called for an end to a trade row between Europe and China over solar panels and wireless equipment, telling a joint news conference they were both for free trade.
BEIJING, May 26- China will hold informal talks with the European Commission on Monday to try to defuse a trade row over solar panels and wireless equipment. The European Union accuses China of pricing its solar panels and mobile telecom devices too cheaply and "dumping" them in Europe to corner the market.
*JA Solar, ReneSola shares hit 1- year highs. Manufacturers such as JA Solar Holdings Co Ltd and ReneSola Ltd, reliant on low-margin Chinese sales after trade wars with the United States and Europe, are pushing into Japan and emerging economies where solar panel demand is rising.
BRUSSELS/ HONG KONG, May 24- The European Commission rejected Chinese trade association statements that talks to resolve a dispute over allegations of dumping of solar panels had broken down, while Chinese comments highlighted risks the dispute could escalate.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. The hurricane forecast is for 7 to 11 hurricanes this season, which could be bullish for the energy markets. Nat gas was up on the day because storage levels rose less than expected.
Don't get burned by solar stocks, says CNBC's Herb Greenberg. Pavel Molchanov, Raymond James, weighs in.
WUXI, China/ HONG KONG, May 22- Local creditors of Wuxi Suntech, the bankrupt unit of Chinese solar panel maker Suntech Power Holdings Co Ltd, on Wednesday claimed the subsidiary owed them a combined $2.5 billion, at the start of a debt restructuring process expected to last months.
DUBAI, May 22- A slide in solar power costs and a surge in oil prices over the last few years has made solar power a win-win strategy for Saudi Arabia: saving billions of dollars of crude for export while making electricity at less than half the cost.
LONDON, May 22- Overcapacity in the global solar industry is unlikely to disappear soon, suggest data and strategies outlined in the recent financial reports of top manufacturers. That surplus has contributed to sharp falls in the average selling prices of solar panels, or modules, with knock-on impacts for manufacturing profit margins.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Traders remain focused firmly on tomorrow's testimony from Fed Chairman Ben Bernanke. And expectations for this week's oil inventories.
LONDON, May 21- Grid operators in the western United States are joining forces to design a new computer-run system to balance power across a wider combined area, improve handling of increasing amounts of fluctuating renewable power and save money at the same time.
*Argentina angling to greatly expand access to U.S. market. BUENOS AIRES, May 20- Argentina is pursuing U.S. environmental approval to export biodiesel more easily to that market and revitalize a local industry in "crisis" due to trade problems with the European Union, Argentina's main biofuels chamber said on Monday.
BUENOS AIRES, May 20- Argentina is pursuing U.S. environmental approval to export biodiesel more easily to that market and revitalize a local industry in "crisis" due to trade problems with the European Union, Argentina's main biofuels chamber said on Monday.
CNBC's Sharon Epperson takes a look factors that contributed to the major reversal in precious metals on Monday and what sent oil prices to a 7-week high. She also discusses events in the the coming days that could impact the price action in energy and metals.
The renewable fuel sector struggles to find its voice in a world of renewed popularity for oil and gas. One part of that aims to transform agriculture waste into fuel.
LONDON, May 17- European policymakers face a difficult decision on building carbon capture and storage- saving money in the long run requires spending more upfront. CCS captures carbon dioxide emissions from a fossil fuel power plant and then pipes it to an underground storage site such as a depleted gas or oil reservoir.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. After the dollar slipped, oil and gasoline futures climbed a bit. Nat gas was down on a bigger-than-expected build. A mixed picture in the metals markets, as well.
LONDON, May 16- Solar panels were cheaper than wind turbines for the first time last year in certain markets, per unit of capacity, and are rapidly closing a remaining gap in the full cost of power generation.
CNBC's Bertha Coombs says negative economic data from Europe put pressure on commodities overall. Prices at the pump are 12 cents below where they were a year ago.
LONDON, May 15- A Hungarian ethanol producer said it alerted the European Commission over the role of price agency Platts in setting prices, feeding into an investigation of three major oil companies. Pannonia Ethanol, a recent entrant to Europe's ethanol market, on Wednesday became the first company to identify itself as having complained to Brussels.